It reduces research time from years to months, it is also a more cost effective technology.
Cloud computing is better then normal grid computing as its cheaper to buy, use and maintain. Cloud computing can offer web hosting also which grid computing can not.
Grid computing is a name given to a collection of distributed and parallel computing techniques that offer a whole range of advantages - for introductory material and case studies on Grid computing, check out Gridipedia
Journal of Grid Computing was created in 2003.
Cloud computing or grid computing depends on the task at hand. If you want to focus on a single enormous task, then go with grid computing. Cloud computing is more for multitasking.
The term grid computing refers to collecting computer resources from multiple locations to reach common goals. A popular example of grid computing is the SETI project. You can get more information about grid computing at the Wikipedia.
try checking out Gridipedia if you need info on Grid computing
Grid computing is when you store information on other computers on the same network. Cloud computing is when you store information or data online, and not on the device.
There are a few similarities and differences between grid computing and cloud computing. Both are scalable and allow multitenancy as well as multitasking. Unlike grid computing, cloud computing is a relatively recent development and doesn't require infrastructure. Cloud computing is ideal for business that need more virtual space but do not want to invest in new equipment. Grid computing, on the other hand, uses the resources from a number of computers at the same time.
www.gridipedia.eu
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Grid Computing and Distributed Systems
precisely.