BY HARRO TEN WOLDE -
German financial markets operator Deutsche Boerse is planning to commoditize computing power with the launch early next year of the world's first independent exchange for trading cloud computing capacity.
The advent of cloud computing, whereby a remote network of computers is made available online, has not only enabled users to ditch much of their own costly hardware but also to switch between third-party machines according to where processing power is cheapest.
Deutsche Boerse said the Cloud Exchange will open as a spot market in the first quarter of next year to companies and other organizations which outsource their data storage and computer processing needs, enabling them to buy capacity just like they would commodities such as oil and electricity.
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Cloud computing to be traded like a commodity
