MSCI 2130 Chapter Notes - Chapter 14: Cloud Computing, Application Software, Utility Computing
21 Feb 2017
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Marginal cost cost of producing one more unit of a product. Is effectively zero to produce an additional copy of a software product. Network effects and switching cost can offer a degree of customer preference and lock in. Open source software (oss) software that is free and where anyone can look at and modify the code. Cloud computing replacing computing with services provided over the internet: software as a service (saas) firm subscribes to a third-party software and receives a service that is delivered online. Virtualization technology that can make a single computer behave like many separate computers. Helps consolidate computing resources and creates additional savings and efficiencies. The software business is attractive due to near zero marginal costs and an opportunity to establish a standard. New trends in the software industry are creating challenges and opportunities across tech markets. Linux open source software operating system.
