What is cloud computing in simplest terms?

Im reading an article and it says "The threat: cloud computing, in which applications run on the web."



What does that mean?What is cloud computing in simplest terms?
Instead of running applications on your computer they are run from central servers which you access to view data. The computing/calculating is done elsewhere, you just view the data and direct commands.What is cloud computing in simplest terms?
Cloud Computing in really easy to understand language: http://bit.ly/bVrq7A

(with diagram) http://bit.ly/cdPzWM

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What is cloud computing in simplest terms?
This is a simple explanation of the cloud: http://netwiseresources.com/_blog/Everything_IT/post/How_Managed_Services_And_The_Cloud_Improve_Your_Business/

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http://en.wikipedia.org/wiki/Cloud_compu鈥?/a>



not simple terms but maybe you can understand it