Cloud Computing: Design a Portfolio for the Best, Normal and Worst

Federico Etro, 25 February 2010What will the next big technology be? This column argues that “cloud computing” will have a dramatic effect on how we live our lives and how we do business. The economic impact of the diffusion of this technology could match that of telecommunication infrastructures in the 70s and 80s or the introduction of the internet in the 90s. Once diffusion gathers apace, cloud computing could significantly boost GDP growth and could create around a million EU jobs within five years.

Trefis submits: Apple (NASDAQ:AAPL) unveiled its new iCloud service yesterday at its Developers Conference.[1] We provided a preliminary glimpse of what we expected from the iCloud announcement Monday morning and highlighted how we thought it would benefit Apple by strengthening its halo effect on other more valuable products like the iPhone, Mac and iPad (see

In the past 12 months, Microsoft has generated $1 billion in revenue from its cloud computing platform, Azure, and other software used to build clouds, Curt Anderson, finance chief for Microsoft’s server and tools unit told Bloomberg

Apple has a service called iCloud. It doesn't work as well as it should, and even Apple's biggest defenders concede its a real problem.

By Michael Johnston:UBS continued an aggressive expansion of its lineup of exchange-traded notes this week, debuting a product offering leveraged exposure to a hot corner of the technology sector.

Diffusion submits:Last week the debut of the First Trust ISE Cloud Computing Index Fund (SKYY) – the first of its kind – attracted a lot of buzz in the media. It also received many critiques from analysts and investors.

The Commerce Department’s National Institute of Standards and Technology (NIST) is holding the Cloud Computing Forum and Workshop III on April 7-8 at its Gaithersburg, Md., campus.  At this morning's keynote, the theme was “A Global View of Cloud Computing” and it featured a discussion between U.S. Chief Information Officer Vivek Kundra and Alan Marcus, the Senior Director, Head of IT and Telecommunications Industries, World Economic Forum USA.