As our world becomes more and more connected, the terms used to describe online services blur into abstraction. In this article, I'll clarify the terms "cloud computing" versus "software as a service," often referred to as SaaS. In some ways, it's like describing two sides of the same coin. However, there are some clear distinctions, along with risks and rewards to keep in mind.
The Internet is increasingly being referred to as the cloud. One of the earliest mentions of cloud computing is in the paper The Self-governing Internet: Coordination by Design published by MIT Professors Sharon Eisner Gillett and Mitchell Kapor in 1996. Readers of a certain age will remember one of Kapor's other ideas...
About David Ringstrom, CPA
David H. Ringstrom, CPA, is an author and nationally recognized instructor who teaches scores of webinars each year. His Excel courses are based on over 25 years of consulting and teaching experience. His mantra is “Either you work Excel, or it works you.” David offers spreadsheet and database consulting services nationwide.