%0 Journal Article %T A Thunder in the Cloud %A Laslo £¿ere£¿ %A Laslo Horvat %A Ivana Horvat %J International Scientific Journal of Management Information Systems %D 2011 %I University of Novi Sad %X Over the last decade, the endless possibilities which are available on the Internet put the spotlight on cloud computing as a concept and it soon spread rapidly throughoutthe IT society. Many have recognized that this concept is a very fertile ground for thefull recognition of some previously known concepts, such as the concept of softwarereusability, and provides the infrastructure for the development of more securesoftware solutions. It made companies, and their clients, to feel safer than everleading them to one mission - to become a part of the cloud. At the same time, theincreasing number of final users caused enormous quality growth of the variousservices given in the cloud. This kind of evolution, followed by a constant competitionbetween involved contestants, made a stormy surrounding where one leader doesn't have to be a lifetime leader. In this paper we presented the milestones in the evolutionof cloud computing concept with special emphasis on the ongoing developments. Aftepresenting the features of this concept we also took note of the contribution andimpact on the development of cloud computing one of the current leaders in this field. %K Cloud computing %K Software as a Service %K Platform as a Service %U http://www.ef.uns.ac.rs/mis/archive-pdf/2011%20-%20No1/MIS2011_1_3.pdf