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Cloud Computing has the potential to significantly change the IT world. It promises dramatic reductions in cost and time-to-market. This paper gives an introduction to cloud computing, thereby stating how cloud computing tries to fulfill these promises. Furthermore, this paper studies the state-of-the-art of cloud computing platforms and answers the question of how well the current generation of systems meets these promises. Based on that analysis, this paper states several fundamentaldoi:10.1007/s13222-010-0033-3 fatcat:uv5ksujqwvbcplnqjd3gpxduby