Terms
Cloud Computing: It is the use of massively scaled offsite IT resources assembled virtually, accessed over the internet, contracted on demand in real-time or near real-time on a pay-per-use or subscription basis, where the workloads are shared among multiple customers.
Grid Computing: A form of distributed computing whereby a "super and virtual computer" is composed of a cluster of networked, loosely-coupled computers, acting in concert to perform very large tasks.
Utility Computing: The packaging of computing resources, such as computation and storage, as a metered service similar to a traditional public utility such as electricity
Autonomic computing: Computer systems capable of self-management.
Some real stuff
Simple English Video: http://www.youtube.com/watch?v=QJncFirhjPg&feature=related
Windows® Azure is a cloud services operating system: http://www.microsoft.com/azure/windowsazure.mspx
Hands on: http://channel9.msdn.com/posts/smarx/Windows-Azure-Hello-Cloud/
References
http://gigaom.com/2008/02/28/how-cloud-utility-computing-are-different/
http://www.infoworld.com/article/08/04/07/15FE-cloud-computing-reality_1.html
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