Banking analysts last year forecast that cloud computing could be worth $160billion in the next few years. Last year technology players were scouring the world for remote sites near water supplies, which they need to keep the clusters cool - places to build cloud server farms, the equivalent of computer generating stations with countless computers lined up to take on the hard work that used to happen in-house.
Yet Microsoft and Google have scaled back plans. It is unclear if this is a result of the economic downturn or if the future of the cloud computing is uncertain.
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