Typically IT departments inside corporations have deployed their software on premise, incurring large upfront costs,large payrolls, and significant replacement/maintenance costs. At its core the cloud is a web services platform where enterprises can deploy their software far more efficiently. The good cloud providers provide the same level of IT security as is available inside a corporate IT department.
The cloud market has not evolved in line with the traditional Infrastructure as a Service (IaaS) infrastructure, Platform as a Service (PaaS) platform, and Software applications as a Service (SaaS) services definitions that were used early on to define this market. Instead we now have Web Services Cloud, and Application Services Cloud (the traditional SaaS), and Networking and Hardware Cloud. The Web Services Cloud is one that permits fast and flexible dynamic access to worldwide computing resources.
Full research report on Web Services Cloud Market Analysis: http://www.gmdresearch.com/report/web-services-cloud-market/details
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