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What is cloud computing?

What is cloud computing? Here are some definitions.

Noun
  1. (computing) Computing services provided over the Internet (or "cloud"), whereby shared resources, software, and information are provided to computers and other devices on demand.
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Despite the advances, however, there are some risks involved with cloud computing.
The company has made significant inroads into online video and cloud computing.
There are three things that need to be true in order for a service to qualify as cloud computing.
It will also become a major league player in cloud computing which will be a major growth driver for years to come.
New applications are designed for the cloud from the get-go, so as they are brought online, cloud computing will make more sense.
To some, cloud computing once involved people sitting at terminals hooked to a mainframe in the basement.

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