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Is Cloud Computing the ultimate form of globalization presenting new opportunities for services firms?

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Is Cloud Computing the ultimate form of globalization presenting new opportunities for services firms?

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Cloud Computing represents a virtualized computing power — provisioning processes, applications and services regardless of where the user is and where the computing power is delivered from (with Internet as delivery platform). Cloud Computing will help Small to Medium-sized Enterprises’ (SMEs) world over particularly from developing countries access world class applications and services without large investments in IT infrastructure. It also opens up application developers in developing countries to build applications and distribute them on the Cloud Computing platform at minimal cost and compete with the best — an option not available until this point. Cloud Computing will clearly change the economics of the business and services firms, which will need to adapt to the platform shift.

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