Insurers Likely to Develop Hybrid Clouds

SOURCE: Insurance & Technology

Cloud computing is poised to become one of the fundamental shifts in enterprise computing, similar to the PC revolution in the 1980s. At its most basic, cloud computing involves the sharing of computing resources — servers, storage, network hardware, applications and services — so that they can be used more efficiently. Instead of dedicating servers and storage devices to a particular application, where they may sit idle, cloud computing allows those resources to be used to run other applications.

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