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They published the book The Grid: Blueprint for a New Computing Infrastructure. The analogy used was of the electricity grid where users could plug into the grid and use a metered utility service.
The Grid describes how networks of computers can be made to cooperate and be brought to bear on computationally intensive tasks.
In 1997 -Use Of Term RAMNATH CHELLAPPA use of the term Cloud Computing The first scholarly use of the term cloud computing was in a 1997 lecture by Ramnath Chellappa where he stated that computing paradigm where the boundaries of computing will be determined by economic rationale rather than technical limits alone. The first scholarly use of the term cloud computing is in a 1997 lecture by Ramnath Chellappa of the University of Texas
SALESFORCE.COM IN SAAS CRM On hindsight this proved to be proved to be a turning point in the history of cloud computing. VMWARE VIRTUALIZATION FOR X86 SYSTEM They introduced virtualization to x86 systems to address many of these challenges and transform x86 systems into a general purpose, shared hardware infrastructure that offers full isolation, mobility and operating system choice for application environments.
Microsoft cloud service to Beta called Red Dog. When it was commercially released, this became known as Windows Azure