Monetizing cloud based applications and services has been a challenge. Most of businesses are looking for monetizing cloud based services for enterprise class business applications such as sales , Marketing, Collaborative, Data and Financial services. The session would highlight the significance of Compute and Data intensive applications on the cloud, Use of a compute-intensive, data-intensive and collaborative application for analyzing cost. It would also explore various (1) contemporary cloud service offerings, (2) step-by-step approach to migrate to the cloud, and (3) how to utilize the cloud services for profit.