Nivio, a Swiss company, promoted by two Indians provide storage and rent a software service to over 2.5 million customers around the world. Cloud computing eliminates the requirement of huge storage space for storing software and data at the user level. This technology works on a central server where all the major softwares are stored. Individual users can log on to there system and use the facility online for a monthly rent. Now a user need not update a computer every now and then to keep up with the software updates.

Interestingly, Microsoft office is available at around $2 a month to users all over the world. This $300 software which requires loads of memory is now available at fraction of its cost. The day is not far when you would not require an operating system in your computer. Just logon and explore the world at the fastest speed ever, and all that is » Read more: Cloud Computing is here