In an interview published by The Guardian on Monday, Richard Stallman says "The concept of using web-based programs like Google's Gmail is "worse than stupidity. Cloud Computing - where IT power is delivered over the internet as you need it, rather than drawn from a desktop computer – has gained currency in recent years. Large internet and technology companies including Google, Microsoft and Amazon are pushing forward their plans to deliver information and software over the net But Richard Stallman, founder of the Free Software Foundation and creator of the computer operating system GNU, said that cloud computing was simply a trap aimed at forcing more people to buy into locked, proprietary systems that would cost them more and more over time. It's stupidity. It's worse than stupidity: it's a marketing hype campaign."

Cloud Computing on Wall Street Conference & Expo Announced
SYS-CON Events announced today that the Cloud Computing on Wall Street Conference & Expo will take place on March 22-24, 2009, in New York City. The event is expected to attract over 1,000 decision makers, developers, architects, IT managers, and software professionals of every stripe who will be converging in New York City to attend this comprehensive meeting on Cloud Computing on Wall Street.

The future model for providing IT infrastructure and services in large organizations is what many today are calling "Cloud Computing" - a concept popularized by Amazon through its web services efforts. Financial analysts for example reckon that by 2011 the volume of Cloud Computing market opportunity will amount to $160BN, including $95N in business and productivity apps (e-mail, office, CRM, etc.) and $65BN in online advertising.

Any chief information officer concerned with computer system reliability and application availability in the competitive financial markets is thinking one of two things: either make failure impossible, or make recovery very fast. Thanks to virtualization, the trend is shifting toward fast recovery. Wall Street has a vested interest in eradicating downtime and achieving near-perfect uptime - a.k.a. "high-availability" (HA).

The Cloud Computing on Wall Street Conference & Expo is the leading event covering the booming market of Cloud Computing for the financial markets, with experts on financial, high-performance computing, service management, web-scale computing, and cloud standards. The conference will contain multiple sessions on how to improve application efficiency and lower costs by leveraging network and computing resources. Cloud Computing will help you take your applications and platforms to the next level.

Forrester Research analyst James Staten calls cloud computing "classic disruptive innovation where the mainstream dismisses the product and small companies have time to create a real differentiated value." But there are so many offerings just now that what infrastructure architects are looking for above all is a set of organizing principles they can use to guide them in choosing between them all.

Cloud Computing has many interpreters just now - and many interpretations. One thing is certain: it is the most dynamic new metaphor to hit enterprise computing since the creation of the "Web" by Tim Berners-Lee.

Accordingly SYS-CON Media & Events is continuing its market-leading practice of launching full-blown conferences ahead of anyone else by launching its Cloud Computing Expo, to be held March 22-24, 2009 in New York City.

Sponsorship and Exhibit Opportunities
Sponsorship and Exhibit Opportunities Offered on a First-Come First-Served Basis. To inquire about sponsorship and exhibit opportunities please contact Carmen Gonzalez at 201-802-3021 or by email at events(at)sys-con.com. Currently, a limited number of sponsorship and exhibition packages with multiple sponsorship discounts are available.

• Cloud Computing & Privacy: Would You Trust Amazon?
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• Cloud Computing Is for Capitalist Pigs - Raul Castro