Sreedhar Kajeepeta, CTO of Computer Sciences Corp., has written an column for Computerworld explaining the concept of multi-tenancy.
That concept really isn't all that much. It just constitutes the core of the whole cloud computing model.
While I can reproduce the article briefly in my own words, I don't think that's necessary. It is a quick read, comprehensible and it offers some examples. You can read it
here.
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