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Cloud is a new buzzword. It is mentioned as one of the top 5 technology trends to watch in the next 4-5 years by a report from Gartner. Cloud computing is a delivery model of computing services over the internet. It enables real time development, deployment and delivery of a broad range of products, services and solutions. The cloud environment offers an entirely new model for enterprise computing because it provides a pricing model of “pay as you go” fee-based services as an alternative to the traditional fixed-cost infrastructure.