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Cloud Computing: From Scarcity to Abundance

Author

Listed:
  • Kenji Kushida
  • Jonathan Murray
  • John Zysman

Abstract

Cloud computing is a revolution in computing architecture, transforming not only the “where” (location) of computing, but also the “how” (the manner in which software is produced and the tools available for the automation of business processes). Cloud computing emerged as we transitioned from an era in which underlying computing resources were both scarce and expensive to an era in which the same resources were cheap and abundant. There are many ways to implement cloud architectures, and most people are familiar with public cloud services such as Gmail or Facebook. However, much of the impact of cloud computing on the economy will be driven by how large enterprises implement cloud architectures. Cloud is also poised to disrupt the Information Technology (IT) industry, broadly conceived, with a new wave of commoditization. Offerings optimized for high performance in an era of computing resource scarcity are giving way to loosely coupled, elastically managed architectures making use of cheap, abundant computing resources today. Copyright The Author(s) 2015

Suggested Citation

  • Kenji Kushida & Jonathan Murray & John Zysman, 2015. "Cloud Computing: From Scarcity to Abundance," Journal of Industry, Competition and Trade, Springer, vol. 15(1), pages 5-19, March.
    • Handle: RePEc:kap:jincot:v:15:y:2015:i:1:p:5-19
    DOI: 10.1007/s10842-014-0188-y
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    References listed on IDEAS

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    1. Cohen, Stephen S & Zysman, John & DeLong, Bradford J, 2000. "Tools for Thought: What is New and Important about the "E-conomy"?," UCAIS Berkeley Roundtable on the International Economy, Working Paper Series qt0c97w1gn, UCAIS Berkeley Roundtable on the International Economy, UC Berkeley.
    2. Michael Borrus & John Zysman, 1997. "Globalization With Borders," Industry and Innovation, Taylor & Francis Journals, vol. 4(2), pages 141-166.
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    Citations

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    Cited by:

    1. Krzywdzinski, Martin, 2019. "Digitalisierung und Wandel der globalen Arbeitsteilung. Industriearbeit im Wandel," EconStor Open Access Articles and Book Chapters, ZBW - Leibniz Information Centre for Economics, pages 88-109.
    2. Pajarinen, Mika & Rouvinen, Petri & Ekeland, Anders, 2015. "Computerization Threatens One-Third of Finnish and Norwegian Employment," ETLA Brief 34, The Research Institute of the Finnish Economy.
    3. Shahriar Akter & Katina Michael & Muhammad Rajib Uddin & Grace McCarthy & Mahfuzur Rahman, 2022. "Transforming business using digital innovations: the application of AI, blockchain, cloud and data analytics," Annals of Operations Research, Springer, vol. 308(1), pages 7-39, January.
    4. Krzywdzinski, Martin, 2021. "Digitalization and change in the global division of labor: Industrial work in transition," EconStor Open Access Articles and Book Chapters, ZBW - Leibniz Information Centre for Economics, vol. 3, pages 1-1.
    5. Michael Peneder & Matthias Firgo & Gerhard Streicher, 2019. "Stand der Digitalisierung in Österreich," WIFO Studies, WIFO, number 61654, April.
    6. David Byrne & Carol Corrado & Daniel Sichel, 2020. "The Rise of Cloud Computing: Minding Your Ps, Qs and Ks," NBER Chapters, in: Measuring and Accounting for Innovation in the Twenty-First Century, pages 519-551, National Bureau of Economic Research, Inc.
    7. Kenji Kushida, 2015. "The Politics of Commoditization in Global ICT Industries: A Political Economy Explanation of the Rise of Apple, Google, and Industry Disruptors," Journal of Industry, Competition and Trade, Springer, vol. 15(1), pages 49-67, March.
    8. Juha Puttonen & Andrei Lobov & Maria A. Cavia Soto & José L. Martinez Lastra, 2019. "Cloud computing as a facilitator for web service composition in factory automation," Journal of Intelligent Manufacturing, Springer, vol. 30(2), pages 687-700, February.
    9. Bruno Carballa Smichowski, 2018. "The value of data: an analysis of closed-urban-data-based and open-data-based business models," Working Papers hal-01736484, HAL.
    10. Wei Dai & Kam Yu, 2019. "Contestability in the Digital Music Player Market," Journal of Industry, Competition and Trade, Springer, vol. 19(2), pages 293-311, June.
    11. Akiyoshi Shioura & Natalia V. Shakhlevich & Vitaly A. Strusevich & Bernhard Primas, 2018. "Models and algorithms for energy-efficient scheduling with immediate start of jobs," Journal of Scheduling, Springer, vol. 21(5), pages 505-516, October.

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    More about this item

    Keywords

    Cloud computing; IT management; Disruptive technology; Commoditization; L86; M15; O14;
    All these keywords.

    JEL classification:

    • L86 - Industrial Organization - - Industry Studies: Services - - - Information and Internet Services; Computer Software
    • M15 - Business Administration and Business Economics; Marketing; Accounting; Personnel Economics - - Business Administration - - - IT Management
    • O14 - Economic Development, Innovation, Technological Change, and Growth - - Economic Development - - - Industrialization; Manufacturing and Service Industries; Choice of Technology

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