Utility Computing

• Utility computing is the packaging of computing resources, such as computation, storage and applications, as a metered service similar to traditional public utility (such as electricity, water, natural gas, or the telephone network).
• This model has the advantage of a low or no initial cost to acquire computer resources; instead, computational resources are essentially rented
• You get connected to the utility companies’ “public” infrastructure
• You get these utility services on‐demand
• And you pay‐as‐you use (metered service)
• Cloud computing is the most recent technology innovation which has made utility computing a reality!