The New York Times recently reported that Amazon chief executive officer Jeffrey P. Bezos believes that cloud computing will generate as much revenue in the future as its ecommerce sales do. Citibank estimates that Amazon will generate roughly $600 million in revenue from its cloud computing operation this yearwhich represents fewer than 3 percent of its overall revenue.

At the moment, cloud computing vendors target small- and medium-sized businesses because several large companies have resisted their advances. Bezos' claim likely means that he expects large companies to make the move eventually.

The skepticism of large organizations is illustrated by the dispute between NASA and Amazon. NASA wanted a detailed list of information relating to the hardware Amazon uses to store the information. When Amazon refused, NASA decided not make the move until they reached an agreement on Amazon's Virtual Private Cloud, which gives companies access to their own servers at the vendor's data center.

At the fifth-annual International Cloud Computing Conference & Expo in New York City, Amazon will try to change the hegemony that rules the cloud computing industry by debunking five myths, according to eWeek. Among them is that cloud computing is unreliable and dangerous.ADNFCR-2553-ID-19729720-ADNFCR