I recently came across this nice video by Matthias Kreck from the University of Bonn.
Watch and enjoy!
|Equity paths: Black Scholes model with constant volatility.|
|E(t) for the call option with strike K=100|
What is cloud computing?Cloud computing lets people use the internet to tap into hardware, software and a range of
related services on demand from powerful computers usually based in remote locations.
Successfully enabling the widespread adoption of cloud computing could add EUR 250 billion to European GDP by 2020, thanks to greater innovation and productivity, according to research conducted by International Data Corporation on behalf of the EC. Nearly four million new jobs could be created as a result.
How can one make such a forecast?This would amount to more than 3.8 million new jobs, although this number does not include jobs lost to cloud-related business reorganisations and productivity gains.