Highs and lows

From The Economist print edition, Oct 23rd 2008
Online version

The article focuses on the emerging market of "cloud computing" and 3 main sides of this business - providers, who develop and market services, customers consuming services and suppliers, providing hardware infrastructure for service providers.

It is unclear whether providers or suppliers will have better position to make a higher profit but in the long run the suppliers tends to be winners.

I think that the main contribution of this article is the point of view it presents. One can be familiar with the problematic of cloud computing and service providing, yet it is always beneficial to be reminded about the basics, i.e. what sides there are and how the recent development was.

Also some graphics from this article clearly illustrate the major shift in economics paradigm that is being experienced all over the developed countries.