Not since the advent of similar in...

Not since the advent of similar innovative developments as extensible markup language and application service providers has the technology world been as abuzz with speculation as it is about utility computing. The phenomenon, in which companies are billed solely for the processing power, software applications and network bandwidth they actually use, is spreading among insurers, attracting an with the convenience and splendor savings it provides.

sprouting of Utility

While the buzzword is modern the concept of utility computing emerg several decades ago.

The general idea of computing as a service or utility has been around in various forms for more