The cloud computing industry can be a little daunting. Every week there’s a new start-up promising to be a Netflix for YouTube, or claiming to leverage the cloud for customer relationship algorithmic optimization. You know, marketing gibberish. What does it all mean? There may be a ton of companies in the cloud, but many may not survive, and a number of them are just full of hot air. Let’s take a look at a few of the most promising stocks in the sector, and try to figure out why they’ve gotten this far.
Cloudy bona fides
A company doesn’t merit being part of the cloud just because it’s got something running on the Internet. But software as a service is easy enough to define. Whenever you have to access your application through a central location, and pay ongoing license fees to the developer, that’s generally software as a service. Microsoft‘s Office suite is plain old software. Its Office 365, available through subscriptions, is software as a service. Got it? Cool. Let’s check out some other top cloud software companies, and try to figure out if they’re worth your money.
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http://www.fool.com/investing/general/2012/02/06/the-cloud-software-companies-you-need-to-know-abo.aspx
Tags: cloud, company, computing, offshore, outsourcing, software