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Cloud Computing - Benefits and Challenges!

The most widely touted advantages provided by Amazon EC2 are very similar to those offered by traditional outsourced data centers that offer reduced costs for hardware processing, storage, bandwidth and software. The major difference with EC2-like infrastructure clouds is that they are available to any size firm, from an individual backing up their music collection to a major retailer. Unlike complex data center service agreements, EC2 services are pay by use. Finally, they can be accessed easily through a small number of web services.