A Research Report On Cloud Computing

There are a multitude of benefits in the utilization of cloud computing. A primary function of cloud computing is the availability of universal access to files throughout any given level of an organization. As documents and other database driven information are stored off-site, there is often a reduction of costs, due to the minimization of on site hosting software and hardware alike. The many reasons to utilize cloud computing are evident, however, as all other technological advantages, there are also a large variety of companies that offer these services with different benefits, costs and application choices. Some of the most recognized corporations offer cloud computing such as icloud, Google Apps, Amazon Cloud Drive, and many others. All organizations offer

Cloud computing is a new technology that comes with both benefits and drawbacks and like any new tech it can be used to great success when paired with steps to mitigate the security issues it raises. Cloud computing has become somewhat of an ambiguous term often having different meaning for different people. An article in InfoWorld (2013) stated, ”Cloud computing comes into focus only when you think about what IT always needs: a way to increase capacity or add capabilities on the fly without investing in new infrastructure, training new personnel, or licensing new software. Cloud computing encompasses any

Cloud computing is an attracting technology in the field of computer science. Cloud computing is an on demand service in which shared resources, information, software and other devices are provided according to the clients requirement at specific time. It’s a term which is generally used in case of Internet. The whole Internet can be viewed as a cloud.

Cloud computing is the practice of using a network of remote servers hosted on the Internet to store, manage, and process data, rather than a local server or a personal computer” (MultiTrends Inc, 2015). What does this mean for businesses, both big and small? Could this change the way businesses store data, and information? Will it be cost reducing, efficient and scalable? I have found the solution to these questions and many more while researching the “Cloud” for this paper. Before this project, I had little-to-no idea what cloud computing was all about, nor did I ever imagine it would be such an asset in the business world.

Cloud computing is the latest major evolution in computing. These days, cloud computing is continuously evolving. It is a paradigm where the computing resources, such as network, servers, storage, applications, and services, are available when it is needed. Cloud computing resources are available whenever needed and is charged based on how much the customer uses them.

Cloud computing can be viewed as one of the most rapidly growing and evolving paradigm.Webmail,online storage and online documents are most famous examples in which customers can access their data via web browsers on the internet. The original idea of the cloud computing was delivered by J.C.R Licklider in sixties (Mohamed 2009). Cloud computing has developed since then and started to server the publics after internet offered a significant bandwidth in the nineties (Mohamed 2009). Cloud computing has been through many different phases and is still rapidly evolving.

Cloud Computing is an on demand, flexible and cost friendly delivery platform that has provided IT consumers and organizations services such as networks, storage, servers and applications over the Internet. Its importance is increasing as a large number of industrial and technological communities are rapidly adopting it.

Moving forward 30 years to 1997, is when the term “cloud computing” was first used by information systems professor Ramnath Chillappa. Within a few years, companies began switching from hardware to cloud services; they were attracted to the benefits like the reduction in capital costs as well as an easing in IT staff; the number one benefit being efficiency.

The cloud computing industry evolved over the past fifteen years and according to (White, 2013) in the article, “A Cloud Retrospective”, the cloud industry was introduced out of the dot.com bubble burst at the beginning of the twenty-first century compelled internet-based companies to modernize their Information Technology (IT) Architecture and find more efficient IT operating solutions (White, 2013). (White, 2013), writes that Amazon entered the cloud market by introducing its Amazon Web Services (AWS) in 2006. (White, 2013) states in 2007 there were disagreements by the experts on the true definition of cloud computing. In 2008 the cloud market expands to include more vendors (White, 2013). (White, 2013)

Cloud computing is one of those buzzword that can be misleading to people unfamiliar with cloud services. With regular computing, hardware and software is part of the desktop or it is located inside an organization 's network. Cloud computing is means the hardware, storage, and software is provided as a service by another company and accessed over the Internet. The first known reference to what is today called cloud computing was in a Compaq internal document in 1996, but the term did not enter true popularity until Amazon.com introduced the Elastic Compute Cloud. There are different types and delivery models of cloud computing and at the core of Cloud Computing is that a service provider hosts the application which means they will manage software updates, handle costs of servers or development depending on how much the client pays.

Cloud is as the best possible solution to the problems faced by the present day organizations. With the rapid development in information and communication technology, organizations are inundated with data storage and data processing. This forced the organizations to implement expensive storage, network and processing options. Cloud effectively encounters all these problems through remote access, scalability, computing at low cost etc... This paper deals with economics of cloud computing, it gives a brief exposure of mechanisms implemented to achieve economic cloud computing and challenges in achieving it.

The main purpose of preparing this report is to describe the concept of cloud computing, how it works, advantages, disadvantages and its entire component. Cloud is becoming famous day by day all the big organizations are adopting this technology in their campuses. Cloud computing provides a facility to deliver our all computing resources over the internet, which can be accessed at any time from any place rather storing them on our

Cloud computing alludes to a network of computers, connected through internet, sharing the resources given by cloud providers catering to its user’s needs like scalability, usability, resource requirements. The National Institute of Standards and Technology (NIST) gave meaning of cloud computing, which demonstrates the vast majority of the key components of cloud computing [1]: "Cloud computing is a model for enabling convenient, on demand network access to a shared pool of configurable computing resources (e.g., networks,

Abstract— Cloud Computing is emerging amongst all the ascending technologies as the most prodigious process in the chronicles of computing. As it still takes time to settle, a new challenge as felt whilst its implementation across has been a relatively more gratuitously new. Today as Cloud technology is increasingly expanding across the globe for its resulting benefits but still needs time to offer its full development. This technology provides a new way to trace banks information system. This paper in brief presents the characteristics and applications of the cloud computing. It also explores the innovative applications of cloud computing and elaborates the defects of the framework in banks.

Cloud accounting information systems involve the basic functionality of input, storage, processing and output. The applications are hosted by a service provider giving the customer ease of access and use anywhere using any device. This functionality is similar to the traditional inhouse accounting systems which are installed on the computer. Cloud Accounting information systems are accessed via a web based platform such as the internet. There are inherent risks and benefits associated with use of such as system as with any system.