Utility computing is one of those IT industry concepts which has taken a long time to evolve into reality.

While discussions about this idea were mostly theoretical when it first emerged at the turn of this new century, today a new generation of players is turning the theory into an actuality.

After it helped to originate the idea, IBM is now trying to play catch up in the rapidly evolving utility computing market.

You can read my views about this ironic twist of fate on ITworld’s Utility Computing portal.