Utility computing and its influence on the IT-industry

Though much service-oriented architecture have failed before to deliver on their promises of remote delivery of IT services, the ubiquitous nature of computing which is now present is the motivating factor for computing to be seen in a "Utility model". Utility Computing (UC) is an on demand delivery of enterprise applications and business process in a shared, secured and scalable standards based environment over the Internet. The impact of this new technology will be seen in many areas. Utility applications built on multi-tenant architecture where many users can access their applications concurrently is a cost effective means for providing service oriented computing to the end user. This paper studies the adoption of such technology in the IT industry. This paper studies the inhibiting factors for the successful adoption of Utility Computing model in the IT-Industry.