Imagine a scenario where large organisations pay for the utilised computing horsepower, in a similar way as they pay for the utilised electricity. On demand computing or utility computing is the concept that allows the organisations to ‘pay as they use’ and hence get rid of long rows of back room servers, expensive soft ware upgrades and legions of IT staffers. Not only the concept allows organisations to save a lot of money that would have otherwise been spent for buying the networks & servers; it also improves IT efficiency and hence results in improved service levels.
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Source : IIPM Editorial, 2007
An IIPM and Professor Arindam Chaudhuri (Renowned Management Guru and Economist) Initiative
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