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After last week's announcement by Steve Jobs about the iCloud, there has been a lot of chatter about cloud computing. In July 2010, I was introduced to the concept of cloud computing by a friend and became very interested in how Harvard Business Services, Inc. and our clients could utilize this new concept of cloud computing. Below are some questions and answers that shed some light on this subject. For more information, read this InfoWorld article and for even more information, check out this How Stuff Works? article.
What is Cloud Computing?
Cloud computing, in layman’s terms, is defined as an updated version of utility computing; basically, virtual servers available over the internet contain your information and your software applications. You access them remotely and seamlessly from your desktop.
How could Cloud Computing help your company?
Cloud computing is a way to increase capacity or add capabilities without investing new infrastructure, training new personnel, or licensing new software; it is also a way to protect your valuable data should a local disaster destroy your building. Your software and data are accessible from your office, but they do not reside in your office.
How does Cloud Computing work?
Instead of installing a suite of software for each computer and tying into a local server in your office for data access, you connect to remote servers anywhere in the world, or in several places around the world. You only have to load one application. That application allows everyone in your company, from multiple locations, to log into a web-based service which hosts all the programs and holds all the data you need.
The term “Cloud Computing” makes it all sound a bit mysterious but it works just like a local area network. In fact, users can’t tell the difference.
So think about the time and money this could save you and your company; when your employees are travelling all over the world making presentations or pitches, everything they need will only be a click away.
I recently read a very interesting article in Forbes Magazine entitled "Entrepreneurs: The 'Business' Gene," which ponders whether entrepreneurial success is inherited. It features the story of Dylan Lauren, Ralph Lauren's daughter. Take a look at the excerpt below and let us know your thoughts on this subject in the comments.
What accounts for entrepreneurial talent in parents and some of their children--chromosomes or care and feeding? Both? That question may never be resolved with certainty. But in kicking off father-child conversations in eight families, we learned a great deal about characteristics shared among generations. Business is more than a common interest between dads and their kids. It forms an intimate bond that engages ambition, achievement, competition, criticism, fear, failure, reconciliation, growth, renewal. In other words, it reenacts the high drama of family life.
Can you believe It's June? Summer has arrived and for some of us, that may mean a little downtime. As entrepreneurs, there is often something to be done and relaxing is usually pretty low on our priority list. However, if you happen to carve out a little time to kick back and relax, BusinessInsider.com has put together a great list of books every entrepreneur should read.
NPR recently ran a story, "PayPal Co-Founder Hands Out $100,000 Fellowships To Not Go To College," about Peter Thiel's controversial fellowship program. Thiel feels entrepreneurial pursuits are a better path than higher education. See below for an excerpt:
Peter Thiel, the PayPal co-founder and one of the first investors in Facebook, is proposing a controversial path toward more rapid innovation. Today his Thiel Foundation announced that it was giving 24 people under 20 $100,000 fellowships to drop out of school for two years to start a their own companies.
Some of the recipients are leaving first-rate institutions like Harvard and Stanford to take the fellowship. In a press release, the foundation's head, James O'Neill, said that in taking the fellowship they were "challenging the authority of the present and the familiar."
Let us know what you think about this idea in the comments!
At Harvard Business Services, Inc. we believe there is not one path to success and that many entrepreneurs thrive in the real world but not in school. It is up to the individual to decide what is right for them and their skills.
We just added a new site to our favorites called 30secondmba.com brought to you by Fast Company. It's an ongoing video “curriculum” of really good advice from the trenches, directly from people who are making business happen. Be sure to check it out!