What is Cloud Computing?
Defining the hedge fund cloud, exploring the history of cloud computing and
explaining the differences between public, private and hybrid clouds
At a high level, cloud computing relates to services or applications that are hosted in a web-based repository known as the “cloud”; the service is hosted by a third-party provider who then provides access to that service to users on an on-demand basis via a network connection.
With cloud computing a hedge fund does not have to purchase and maintain costly infrastructure in-house and is able to transfer IT expenses from capital expenditures to operating expenditures.
- Early 1990s to the first hedge fund cloud
- What are the differences?
- Private cloud variations: On-premise private cloud versus externally-hosted private cloud