IDEAS home Printed from
MyIDEAS: Log in (now much improved!) to save this article

Cloud Compu Ting – The New It Paradigm

Listed author(s):
  • Miroslav Kržić

    (Coming – Computer Engineering Belgrade)

Registered author(s):

    Cloud computing is becoming the new IT paradigm. After 50 years of development, the original idea of McCarthy to deliver information technology and applications as a public service comes to life. The secret sauce of this new development is a combination of commodity components (standardized and cheap), ubiquitous Internet connectivity, and virtualization technology of computing resources. After a few years of discussion and sometimes even disputes there is finally a solid and accepted definition of what cloud computing really is. But tha's not all. Cloud offerings mushroom these days: from big global offering (Amazon, Google, IBM, and Microsoft) to very small, focused, and highly customized solutions. Economics of the cloud are promising, in particular for small and medium businesses, and public sector. Cloud solutions enable elimination of investment costs (no upfront investments in IT infrastructure and software licenses) and significant reduction of operating expenses (50% or even more). Some special solutions, like disaster recovery in the cloud, are for the first time viable for all enterprises. Economics of the cloud come from aggregation and sharing of common infrastructure as is the case for all public services: power distribution, public transportation, telephone services. In this article, we present a underlying concept of the first cloud offering on Serbian and regional market provided through Coming - Computer Engineering and Telekom Serbia partnership. Key differentiator in comparison to global offerings is a full customization of solution to meet user's expectations and a solid support that goes as far as full outsourcing of IT operations to provider (i.e. Coming CE). Also, we are willing to spark discussion about community cloud solutions that can serve many institutions otherwise unable to build their own IT services. We point directly at: local (community) authorities, schools and universities, public administrative services, to name just a few. Also, we invite academic community to critically assess how reality of the cloud lives up to promises made by service providers.

    If you experience problems downloading a file, check if you have the proper application to view it first. In case of further problems read the IDEAS help page. Note that these files are not on the IDEAS site. Please be patient as the files may be large.

    File URL:
    Download Restriction: no

    Article provided by SAE - Serbian Association of Economists in its journal SAE Journal.

    Volume (Year): (2012)
    Issue (Month): 3-4 (May)
    Pages: 206-216

    in new window

    Handle: RePEc:srb:journl:y:2012:i:3-4:p:206-216
    Contact details of provider: Postal:
    Bulevar Mihajla Pupina 147, Dobrinjska 11, Belgrade, Serbia

    Phone: +381 11 3613-409; +381 11 2644-980
    Fax: +381 11 3629-689
    Web page:

    More information through EDIRC

    No references listed on IDEAS
    You can help add them by filling out this form.

    This item is not listed on Wikipedia, on a reading list or among the top items on IDEAS.

    When requesting a correction, please mention this item's handle: RePEc:srb:journl:y:2012:i:3-4:p:206-216. See general information about how to correct material in RePEc.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: (Milos Stamatovic)

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    If references are entirely missing, you can add them using this form.

    If the full references list an item that is present in RePEc, but the system did not link to it, you can help with this form.

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your profile, as there may be some citations waiting for confirmation.

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    This information is provided to you by IDEAS at the Research Division of the Federal Reserve Bank of St. Louis using RePEc data.