The giants involved in the most promising cloud computing market

For those who are unfamiliar, Cloud Computing is the practice of sharing a network of remote servers which are hosted on the Internet to store, process, and manage data rather than on a local server or a personal computer. It specifically refers to a common storage space through which all the devices in the network can access data simultaneously. The use of Cloud computing technology not only gives cost benefits but also makes applications accessible to all devices in the network at any time and from any location.

The giants involved in the most promising cloud computing market can be listed as Amazon Web Services, Akamai Technologies, Cisco Systems, Google Inc., Cloud Foundry, IBM Corp, Hewlett Packet, Dell, Microsoft Corp., VM-Ware and Yahoo Inc.

However, data security and privacy is the key restrain for the growth of cloud computing market.