Cloud computing is one of the biggest innovations of the 21st Century. Moving into 2014, cloud computing remains a big IT trend. It is a broad term that covers any type of computing or storage service that is delivered to users from remote servers. This mode of service has technically been in place for years, with online email services being one common example. As technology has progressed, a variety of services can now be provided from the cloud, such as file storage and the ability to run an entire program without having them installed on your computer. Cloud computing allows for pay-per-use or charge-per-use access to applications, software development and deployment environments, and computing infrastructure. Furthermore, it …show more content…
The early adopters of cloud computing are the federal government and substantial chain retail companies with various pharmaceutical entities adopting a hybrid approach whereby they use cloud computing for non-critical application such as prescription fulfilment and email. Additionally, “many of these early adopters, especially the federal government, have several data centers spread out across the country. They are outsourcing with cloud computing as a means to consolidate without enormous capital expense (CAPEX), moving more of their budget to operating expense (OPEX)”. Even though large companies and federal government adopted clouding computing first; small and medium business should be one to be interested in this phase. Cloud computing allows these companies to use world-class infrastructure without the need of purchasing hardware and maintaining large support teams. “Pay-per-use also gives them the agility and flexibility to grow quickly when demand increases. On the contrary, in case of decreasing demand, cloud computing provides a convenient way to reduce capacity and avoid sunk costs” . Furthermore, this model is especially appealing for start-up companies, because they usually don’t want to make enormous upfront investments, have no interest in building large operational teams, and need scalability to adapt quickly to changes in demand. After the cluster of the early adopters; some opportunistic adopters started to use the cloud to control the
Cloud computing was a completely new term a short 9 years ago, in 2007. The basis of this technology is to move the workload of IT activities away from an organization, and to one or more third parties that have resources dedicated to processing such things. These can be, but are not limited to, networking, storage, software systems, and applications. Rather than having to create and maintain their own expensive datacenters, companies can pay a fee to use someone else’s. This makes growing businesses extremely flexible, as they can easily gain or remove storage space per their needs. Being able to purchase the use of online storage space is known as “hardware as a service,” or, more simply, “virtualization.” Being able to purchase the use of online software is known as “software as a service.” Both are very powerful tools that allow the minimization of a company’s IT budget.
The focus of cloud computing is providing with scalable and a cheap on-demand computing infrastructure with a good quality of service levels. The process of the cloud computing involves a set of network enabled services that can be accessed in a simple and general way. Cloud computing provides with a unique value proposition for any organization to outsource their information and communication technology infrastructure. Moreover, the concept itself provides with a value proposition for an organization as using the cloud saves on cost, resources, and staff, and business opportunities for the organization (Katzan). An extensive connectivity of
The world is turning to cloud computing to manage data. Businesses are at the forefront of this new trend with companies such as Google, Amazon, Microsoft, and others leading the way by providing these services. What exactly is cloud computing? According to Turban & Volonino (2011), cloud computing is Internet- based computing in which shared resources (such as hard drives for storage) and software apps are provided to computers and other devices on- demand (p. 48).
Resource Pooling-implying that the resources provided is coming from a shared pool. Rapid Elasticity-implying the resource provision can both grow and shrink depending on the demand of the consumer. Measured Service-we are at least aware of the resources being consumed and possibly the basis for metrics or charge back. Broad Network Access-resources are available from an easily consumable interface, such as a web browser. Next the business takes supported business processes such as applications, platforms and infrastructure “off-site” and replaces them in part/total with any of the 3 on-demand cloud service models: SAAS (Software as a Service)-applications or services to support business processes with all essential characteristics. PAAS (Platform as a Service)-technology platform to allow applications or services to run against. IAAS (Infrastructure as a Service)-service and storage available with all essential characteristics. Finally, the business chooses how these cloud services are delivered to the organization via 4 deployment models: Private Cloud- cloud infrastructure is owned or leased by a single organization and operated solely for that single organization. Community Cloud- cloud infrastructure shared with a finite number of organizations. Public Cloud- cloud infrastructure is consumed outside of a data center and is part of resource pool shared by any number of
Cloud Computing has been a buzz world in the past few years. The use of this technology increased considerably when we made huge progress in this domain, reducing the cost for everyone. Today, Cloud Computing is widely used all across the world by a lot of companies such as Microsoft, Facebook, Amazon, etc…
Cloud computing describes anything involving the delivery of hosted services over the Internet. The service takes it names from the cloud symbol used to represent the Internet in flowcharts and diagrams. Due to significant innovations in virtualization and distributed computing, along with improved access to high-speed Internet and a weak economy, interest in cloud computing has increased substantially in recent years (TechTarget, 2007).
Whether it’s called Cloud Computing or On-demand Computing, Software as a Service, or the Internet as Platform, the common element is a shift in the geography of computation. When you create a spreadsheet with the Google Docs service, major components of the software reside on unseen computers, whereabouts unknown, possibly scattered across continents. This affects all levels of the computational ecosystem, from casual user to software developer, IT manager, even hardware manufacturer. Recently, a lot of vendors have started talking about “cloud computing” in their marketing materials. Citing a research published by Merrill Lynch entitled “The Cloud Wars: $100+ billion at stake,” Merrill Lynch has estimated a $160- billion addressable market opportunity, including $95- billion in business and productivity applications, and another $65-billion in online advertising for Cloud Computing. But the main question is whether the users are ready to give up using services on their local machines and shift to the Cloud since shifting to cloud computing has both advantages and disadvantages for all possible users; nevertheless, they may have different level of importance for different users
Cloud computing is a new paradigm in the computer virtualization. It has transformed the technology and business and its use is growing rapidly. Unlike traditional system, where services are hosted at physical location, cloud computing offers a virtualized shared machine in a web based environment. Cloud computing has three types of service models and four
Though the actual history of cloud computing is not that old (the first business and consumer cloud computing services websites – salesforce.com and Google, were launched in 1999), the story of cloud computing is intertwined directly with the creation of the Internet and business, the answer to the unsolved question of how internet utilization can help improve business technology was and is cloud computation. Business technology history is both extensive and interesting, almost as extensive as business itself, but the invention of computers are most responsible for the influence on business technology. Cloud computing, like all other innovation was
Cloud computing has drastically reordered the economics of how every size and type of business uses software. For the large enterprise there is no longer the need to go through an extensive capital expense (CAPEX) budgeting process, often involving the board of directors of a business (Aljabre, 2012). Cloud computing software is often pad for through operating expense (OPEX) budgets, which shifts the control of its budgeting to the line-of-business managers or those managers and executives responsible for a given business unit. This dynamic alone has completely reordered the enterprise software market, as cloud-based applications can often be modified significantly faster than on-premise applications (Lin, Chen, 2012). As a result of this flexibility, enterprises, medium-size and small businesses are all relying on cloud-based applications to automate those process areas that had been expensive and
Cloud computing is a new way of delivering computing resources, not a new technology. Computing services ranging from data storage and processing to software, such as email handling, are now available instantly, commitment-free and on-demand. Since we are in a time of belt-tightening, this new economic model for computing has found fertile ground and is seeing massive global investment. According to IDC’s analysis, the worldwide forecast for cloud services in 2009 will be in the order of $17.4bn1. The estimation for 2013 amounts to $44.2bn, with the European market ranging from €971m in 2008 to €6,005m in 2013 2. The key conclusion of ENISA’s 2009 paper on Cloud
With the current shift towards a more technological state within businesses and organisations, increased costs arise. These costs often relate to data management, hardware, people, as well as a multitude of other costs. Cloud computing often alleviates these costs from an organisation or business as these services are provided through a third party. [3]“It dramatically lowers the cost of entry for smaller firms trying to benefit from compute-intensive business analytics that were hither to available only to the largest of corporations”( Avram, 2014, p531). This enables more companies and businesses to meet the rising standards and information technology practices adopted by bigger and more influential companies. [3] Cloud computing and it’s cost efficiency presents an opportunity for less developed countries to benefit from the advantages that cloud computing offers without the high costs ( Avram, 2014).
The information technology industry is growing at a rapid pace. Every business entity needs some form of IT support to ensure that business operations are continuously running. As an entity grows in size and revenue, the information system needed to support the entity needs to grow as well. Some businesses may not have enough resources to accommodate this expansion. Their building may be too small or they cannot afford to purchase the equipment. When this is the case, an organization will choose to migrate their network infrastructure to a cloud computing environment. Cloud computing allows for a company to implement a large scale network without having to incur expenses for modifying the building infrastructure. Cloud
Cloud computing has taken the reigns over our information technology world. Less and less companies and individuals are relying on local software, platform and infrastructure for their computing needs. Instead companies who offer web based cloud-computing services can supply the essential IT needs of any organization without the company having to deal with physical hardware. The cloud is defined as "Cloud computing is on-demand access to virtualized IT resources that are housed outside of your own data center, shared by others, simple to use, paid for via subscription, and accessed over the Web."(3) In order to answer the question of whether cloud computing is truly a general-purpose utility suitable for all one must
Cloud computing is a topic of which much is assumed. The average person recognizes the term “cloud computing” as having to do with their storage from their iPad or iPhone on the online storage area which syncs their Apple devices to their computer. This common cloud is called the iCloud. That is where common knowledge ends about this topic. However, upon further exploration, a deeper understanding is gained with greater explanation, and it is realized that cloud computing is something that is used all of the time on many levels of everyday technology. While the terminology remains cryptic to the mind of most people, the concepts behind the practical uses of cloud computing become quite clear. It is relatable and understandable. Upon this revelation, the iCloud is recognized as the tip of the preverbal iceberg when speaking about cloud computing. It is important to discuss and further understand the many types of cloud computing as well as the various applications to life through technology. This affects how information is stored online, computers are protected, information is secured, emails are processed, and many other factors that are taken for granted in the world of technology. Cloud computing is a general term used to describe how information is stored, utilized, and accessed over the internet. There is no cloud, but the word cloud gives the connotation of an abstract place which is known to exist but is too vast to touch or contain (Griffith,