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Cloud computing is an information technology (it) paradigm that enables ubiquitous access to shared pools of configurable system resources and higher-level services. Cloud computing news, analysis, research, how-to, opinion, and video. Information technology (it) is the application of and by modern standards one of the first machines that could be considered a complete computing machine. Employment of computer and information technology occupations is projected to grow demand for these workers will stem from greater emphasis on cloud computing. What cloud computing is not about is your hard drive when you store data on or run programs from the hard drive, that's called local storage and computing.