I was at an excellent Tech Futures Forum event today sponsored by BATEC and CAITE at the Microsoft New England Research & Development (NERD) Center in Cambridge, MA. Edwin Guarin, Senior Microsoft Academic Evangelist gave a nice presentation on cloud computing and Windows Azure. As part of the presentation, he showed the following video:
There is a lot of confusion about what cloud computing is - this video gives a good basic and easy to understand explanation. It's only 4 minutes and 52 seconds long and worh the time to watch!