If you don’t have the time (or patience) to explain to a CFO or CEO how hosted data and applications over the Internet works, this five-minute overview by Christopher Barnatt, author of ExplainingComputers.com, gives a pretty thorough look at the key services, benefits and issues associated with this concept. Includes discussions of software- and hardware-as-a-service, too. But seriously: Am I the only one that sees the resemblance to a certain software CEO here? Take away the British accent and this guy could be running the show at Redmond.

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