Cloud Computing in Business

Abstract

Cloud Computing is new platform in today's high-tech business environment that has brought many benefits to small and medium as well as large businesses. The internet-based technology of Cloud Computing has introduced a new concept of managing IT infrastructure on a shared platform through virtualization of servers. This papers aims to understand the concept of Cloud Computing and its impact on local as well as global business. The paper also focuses the benefits that cloud infrastructure brings to businesses.

Abstract2

Introduction4

Cloud Computing5

Cloud Computing for Business7

Conclusion9

References11

Cloud Computing in Business

Introduction

Today's rapidly changing technological advancements have given leverage to businesses as well as made things easier to individuals or consumers. Emergence of Could Computing has affected the traditional and modern computing and other technologies through its internet-based shared infrastructure that allows clients to easier and quick access on-demand information. It is also a fact that emergence of cloud computing has significant impacts in the way businesses are conducted (Mulholland et al., 2010). The businesses in the present age function in a systematic manner and with advanced technology. They are divided into various departments which manage their functions and activities in a systematic flow. The management in most of the business organizations has undergone profound changes by absorbing the various technologies such as Just-in-Time, Total Quality Management and Theory of Constraints (Manzoor, 2012). Now it is high time, that the businesses are shifting their production, operations and supervision procedures to the implications of information technology. In addition, rapidly changing technology as well as business environment has opened new doors of doing business in a radically different way (Manzoor, 2012).

The basic concept of cloud computing is that the computing is done in the cloud which means that the processing of the data and sources of data are not in a specified, identified or fixed location (Williams, 2012). The other related concepts of cloud computing are corresponding to this main concept of clouding. In cloud computing concept, not every user owns the physical infrastructure; instead, capital expenditure is avoided by the payment of rent for the usage of a service provided by third party. The cloud computing technology is increasingly becoming connected with small and medium enterprises, as normally, the SMEs are unable to manage the budget for the huge capital expenditure of traditional IT resources.

Small-Medium Enterprises (SMEs) also naturally have lower existing computer infrastructure, low level of skillful administration, more flexibility, and lesser capital budgets for acquiring in-house IT technology (Mulholland et al., 2010). This remarkably helps SMEs especially in the emerging markets, where cost reduction can gain them competitive advantage in the market. The key features of cloud computing are Agility, Cost, Device and location independence, Multi-tenancy, Reliability, Security, Maintenance, Measurability (Williams, 2012). A virtual private cloud is the network that is created by a private service provider by using public cloud resources. The objective of cloud computing is to provide easy, convenient access to computer data and IT services through private or public clouds (Mulholland et ...