Cloud computing is in the news, though not in the way its proponents have hoped. While advertisers market the arrival of "the cloud" in television advertisements, the new technology is gathering at least as much attention for a series of breaches and failures.

The computing industry is expecting widespread transformation to the new computing model that summons computing, storage and software on demand, often through third-party providers that might share computing resources and host their own services through more external service providers. 

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