Cloud Computing in New Media

I would like to add on that cloud computing really will be the major social communications and online storages for years to come. It does way faster than the ever present hardware server.

Sill don't understand? Do not worry. I will give you a scenario. It is like keeping your money in the bank instead of storing it in your home.Well, which one will you prefer? Obviously in the bank right! You can then withdraw your money anywhere in the world whenever the ATM machine is around.It is the same thing goes to cloud computing too. It works whenever there is internet!

Well what I am asking is, it is really save to store your money in the bank? Or is it more safer keeping all loads of your money your house? If you decide to keep it in your house, well you obviously needs manpower to keep a look out of your money 24/7, you definitely need more space to put in more money and what if you house got burnt down? Think carefully!

My real question is "Does cloud computing help companies to save dollars? Do you think it safe security wise?".