Grid Computing Good for Business. Corporations are starting to salivate over grid computing's potential for massive storage and processing power. Its creators -- tech and science geeks -- look forward to a new era. ""Now we're starting to see major industrial players engage in grid computing. That's going to change the nature of what we do." [Wired News]
"The term "the Grid" was coined in the mid 1990s to denote a proposed distributed computing infrastructure for advanced science and engineering. Considerable progress has since been made on the construction of such an infrastructure, but the term "Grid" has also been conflated, at least in popular perception, to embrace everything from advanced networking to artificial intelligence."
"The real and specific problem that underlies the Grid concept is coordinated resource sharing and problem solving in dynamic, multi-institutional virtual organizations."