A generally accepted definition is that cloud-based computing is the usage of remote computers on the Internet to host, manage, and process data, rather than a local server or a personal computer.
So using that definition one could argue that cloud-based computing has been around for quite a long time and that it is just a term invented by the marketing department. For example Yahoo! Mail and Gmail have been around for some time and these are cloud-based solutions. #CloudComputing #LegalTech