Cloud computing: Not just for startups anymore

03/11/2009 | Portfolio.com

Small businesses and new firms were early fans of cloud computing because it allowed them to harness serious network horsepower for a tiny investment. Now Eli Lilly and other large companies with their own networks are discovering the joys of renting capacity to meet their peak demand. "While we're talking I can take out my iPhone and literally spin up a 100-node Linux cluster and do some genomic analysis and it'll cost $10," one information consultant explains. "When we're done, we tear it down. We don't own it and we don't pay for the costs of storage, the data center, or the people to support it."

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