Cloud computing allows consumers and businesses to use applications without installation and access files from any internet-connected device. It provides shared computing resources over a network on-demand as a utility. There are concerns around security and privacy as cloud providers have control over user data. However, new approaches around information-centric security aim to give more control to users. A shift to cloud computing could benefit large internet companies while traditional software producers may face challenges adapting. It remains to be seen if cloud computing will ultimately become the dominant IT model.