Online education portals like Udacity and Coursera are really changing the world of remote learning in significant ways. By making free and high quality education accessible to a global audience, these platforms are opening up undreamt of possibilities for communities around the world to improve, grow, and prosper in the digital economy of the 21st century. Education at top tier colleges and universities has traditionally been a social and economic privilege, but now anyone can join in the learning revolution by sitting in virtual classrooms with the world’s best and brightest educators. Whether this involves learning how to code and build smart phone apps, or starting up a new business, or learning about public health literacy, the sky is the limit of what’s now possible.

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30-69% TCO Savings with On-demand Computing

IBM sampled its clients across many industries to determine how they are benefiting from the CoD (Computing on Demand) service. In general, TCO (total cost of ownership) savings range from 30 to 69 percent. Three of the clients from these cases cited specific benefits of the CoD program: the ability to solve problems that were previously insoluble, implementation of substantially new business models, and faster processing of data at the end of each business day. Small firms have had to rely on voluminous capital outlays and large facilities to provision their services. Such firms have often not been able to acquire such facilities, and therefore the realm of dynamically scalable and virtualized information technology resources has been alien to these smaller concerns. Independent Software Vendors and Internet based companies, however, are now able to access these esoteric technologies through the offerings of cloud computing services. Cloud computing places these resources into the hands of individual consumers, even if they do not have knowledge of the infrastructure that is being used. Moreover, cloud computing resources stay on top of the latest information technology movements, including Web 2.0 computer resources. [tag] cloud computing, computing on demand, TCO, software as a service, SaaS, Web 2.0 [/tag]

Hovhannes Avoyan

About Hovhannes Avoyan

Paid Monitor CEO – Hovhannes is an international entrepreneur with a recognized and respected reputation in the high tech industry. His technical expertise, combined with his drive to build the best business/product, has positioned him as a visionary international extension of Silicon Valley.

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