A contra-asset account has a credit balance and offsets the debit balance of the corresponding asset. A contra-liability account has a debit balance and offsets the credit balance of the corresponding liability. â You should try to keep a good standing with your contra account so that you know you have everything covered. â.
In 2009, the availability of high-capacity networks, low-cost computers and storage devices as well as the widespread adoption of hardware virtualization, service-oriented architecture, and autonomic and utility computing led to a growth in cloud computing.
Gartner characterizes Web Scale as a natural evolution of software architecture, as depicted in Figure 1. As the 3-tier architecture of the 1990 gave way to Service-Oriented Architecture (SOA), architectures started to divide the user experience increasingly from the business logic through web services.