Two decades in, the cloud computing industry has grown from a "intergalactic fantasy" to an integral  part of our lives.  If you take a moment to realize how it has influenced our behaviors, you would be amazed.  From streaming a movie on Netflix, to uploading your camera photos to the filesharing website, Dropbox, the growth of cloud computing has been impressive and wide-reaching.

If you're thinking of bringing your business into the cloud computing industry, there are several key elements to consider.

During the past decade, the opportunity to relocate computing functions that are software-based to remote servers -- aka the cloud-- have multiplied rapidly.The shift from traditional software models has radically transformed flexibility and cost for many businesses. 

The words the cloud first popped up in technology and computer developer circles in 1994.  In brief, the cloud describes a third-party system that houses digital and data-based information on remote servers.

Since 1994, cloud computing has become more streamlined, affordable and widespread.  It has allowed companies large and small to save money on the storage of internal digital data -- including of accounting information, content archives and other sensitive categories of data.

As the digital revolution enters its third decade, are American consumers allowing their desire for high tech gadgets to compromise their privacy?

I decided a few years ago to forego the use of sites like FourSquare and Yelp, especially their mobile apps, which allow one to "check in" at places.  It seemed to me that the data trail resulting from locational apps are ripe for "mining" by marketing concerns, who accumulate them into gushing streams known as big data. Then there are even more unsavory possibilities for how your personal data trail might negatively impact your life, including in legal and medical contexts.