This episode of GlobeTalk with Avasant focused on the phenomenon of cloud computing and how it is altering the way business think about their IT requirements. In the first half of interview David Mihalchik, a business development executive with Google Federal, who successfully led Googles effort to be the first provider of cloud computing services to meet the Federal Governments FISMA standards (Federal Information Security Management Act) provided us latest updates on cloud computing. In the second half hour of interview Professor Vijay Gurbaxani, Professor of Information Systems and Computer Science at University of California, Irvine who is an expert on cloud computing and provided us an overview of the economic case behind this latest innovation in technology services.