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Cloud computing refers to the delivery of computational resources from a location other than your current one. In its most used context it is Internet-based ("cloud") development and use of computer technology ("computing"). The cloud is a metaphor for the Internet, based on how it is depicted in computer network diagrams, and is an abstraction for the complex infrastructure it conceals.[1] It is a style of computing in which IT-related capabilities are provided “as a service”,[2] allowing users to access technology-enabled services from the Internet ("in the cloud")[3] without knowledge of, expertise with, or control over the technology infrastructure that supports them.[4] According to a 2008 paper published by IEEE Internet Computing "Cloud Computing is a paradigm in which information is permanently stored in servers on the Internet and cached temporarily on clients that include desktops, entertainment centers, tablet computers, notebooks, wall computers, handhelds, sensors, monitors, etc."[5] (http://en.wikipedia.org/wiki/Cloud_computing) 3.a cloud storage: review major cloud storage solutions, such as dropbox.com and box.net. Discuss the pros and cons of each. Evaluate their potentials and issues from the perspective of accountants. 3.b Online Office suites: review online office suites such as zoho, Google Docs and etc. Discuss the pros and cons of each. Evaluate their potentials and issues from the perspective of accountants.

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