For the last couple of years, there have been efforts to create a trading floor for cloud computing. On that account lessons have been learned, new research initiated and it seems like computational power is just about to be commoditized. Moreover, there is an ongoing debate about how, and if, other features and processes in the cloud will ever become commodities.

This article will only touch upon computational power as a commodity.

The Prospects

The possibility of trading computational power has great prospects for firms all over the world. Firms in New York could be able to lease their computing power, at spot price, to companies in Singapore during night time, where less computing power is needed. This will likely save both parties a significant amount of money.

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