Over the past decade, a flourishing number of concepts and architectural shifts appeared such as the Internet of Things, Industry 4.0, Big Data, 3D printing, etc. Such concepts are reshaping traditional manufacturing models, which become increasingly network-, service-and intelligent manufacturing-oriented. It sometimes becomes difficult to have a clear vision of how all those concepts are interwoven and what benefits they bring to the global picture (either from a service or business perspective). This paper traces the evolution of the manufacturing paradigms, highlighting the recent shift towards Cloud Manufacturing (CMfg), along with a taxonomy of the technological concepts and technologies underlying CMfg.