Productivity benefits is another technique of managing data on the cloud. It is an application that refers to a data store that is being used in business planning, problem solving and decision support. This system of data storage and management is larger than transactional systems. It consists of around $3.98 billion of the total database market and it is growing at a rate of 10.3 annually. Some of its benefits are that it used shared-nothing architecture and it is scaled to be best. It has multidimensional aggregations, along with data analysis networks and the data can very easily be parallelizing across different nodes using the share-nothing architecture. The guarantee of ACID is not needed in this type of data management system and hence it saves from the replication of data. Few of its limitations are that sometimes particularly sensitive data can be left out during the analysis of the system and the most damaging thing is that it can be accessed by a third party thus corrupting the privacy of the data and its security (Cassell, 2013). Cost benefits is considered to be the most powerful tool in cloud computing. The startup can be costly as one has to purchase the servers, data storage equipment, high speed connectivity devices and much more. It can result in a high cost at the start. But all the resources will be shared so it will give a high profit in the end. Cloud computing therefore enjoys economies of scale. Because a large investment is no doubt made but the
Since cloud environment does not reside in a capital facility, there is a substantial saving of the time and space. Also, it provides users access only to the resources they need for a particular task. This prevents them from paying for idle computing resources. Besides, there are competing providers for this service and an organization can always shift its business to another company offering better service or lower price. In terms of statistics, we spend $6,000 per month to update software, maintain our computer lab, and pay our employees. However, implementing a cloud computing with a constructing price of $2800 will incur a cost as low as $249 per month (Hinchcliffe 2009).
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
All types of business models can find benefits from cloud computing infrastructure. As for example cost and flexibility from small business viewpoint whereas total IT problems can be solved for large companies. It will add advantages for companies, their employees, consumers, distributor where the overall business solution can be provided.
There are several advantages of using Cloud Computing, for example: “To begin, businesses can have lower cost computers for users.” Alijabre explains that cloud computing can be very beneficial for the businesses. Moreover, businesses will bring great amount of profit into their company, and it will be easy to use it. Alijabres goes on to provide several examples why cloud computing is better. One of of the most important reason why companies are moving towards cloud computing is the lower cost of the system. “To begin, businesses can have lower cost computers for users.” He explains that small business will not need computers that are high performance based. Business can get less expensive computers and store all of their data online instantly, without having them to worry about the space in a
Cloud computing offers many advantages to both end users and businesses of all sizes. The advantages of cloud
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
Cloud computing is provided by an outside organization; it takes the place of an existing system, usually an internal network, and moves it to a web based service where all information in the company will be processed and stored. Internal IT infrastructures can be costly due to maintenance and personnel. Cloud computing reduces costs by removing the need for an internal system and the people to run it.
Most traditional online computing services offer business services that are bundled. Accessing the Cloud, Riordan will only pay for services used while saving the company money. These three characteristics proves that cloud computing is efficient and has more benefit than traditional computing (Hartig, Dec).
The objective of Cloud Computing allows users to benefit from technologies without profound understanding, or skill, its target is to cut cost to customers. It should also help users to concentrate on their Corporation instead of being inhibited by Information Processing Complications.
Ultimately, these figures translate to profitability thereby fulfilling one of the primary goals of business which is to generate profit (Aljabre, 168). One of the major reasons behind the choice of using cloud computing and incorporating it into the basic framework of business transaction is efficiency. Cloud computing utilizes minimal renewable resources that cold the business a very insignificant amount compared to the returns it will retain in the form of profits and customer satisfaction. Cloud computing enables the business to streamline its IT operations thereby eliminating any wasteful channels that drain resources and increase the cost of operations. The concept of cloud computing render it as a n internet based operation that provides efficient and effective handling for the employees of a business through improved accessibility and limited space consumption (Gorelik 109). Every other merit that cloud computing affords business is down to the effectiveness or efficiency its use brings upon the business entity which will eventually reflect on the profitability of the business.
If used properly and to the extent necessary, working with data in the cloud can vastly benefit all types of businesses.
Cash-strapped organizations look for alternatives which can reduce their capital investments involved in purchasing and maintaining IT hardware and software so that they can get maximum benefits of IT. Cloud computing (CC) becomes a natural and ideal choice for such organizations and customers. Cloud computing takes benefit of many technologies such as server consolidation, huge and faster storage, grid computing, virtualization, N-tier architecture and robust networks. It delivers highly scalable and expensive infrastructure with minimal set up and negligible maintenance cost. It provides IT-related services such as Software-as-a-Service, Development Platforms-as-a-Service and Infrastructure-asa-Service over the network on-demand anytime from anywhere on the basis of “pay-as-you-go" model. It is a fast growing concept changing the IT related perceptions of its users. Elasticity, scalability, high availability, priceper-usage and multi-tenancy are the main features of Cloud computing. It reduces the cost of using expensive resources at the provider’s end due to economies of scale. Quick provisioning and immediate deployment of latest applications at lesser cost are the benefits which force people to adopt Cloud computing. Cloud computing has brought a paradigm shift not in the technology landscape, but also in the database landscape. With more usage of Cloud computing,
Everyone is going to the “cloud” for storage, but what exactly does that mean? Where is the cloud and is it secure? What are the benefits of storing data on the Cloud?
Now that our company may be categorized as a small to medium sized firm, I believe we should consider the prospects of moving towards cloud computing. Traditional business applications have always been expensive and complicated. There is a daunting amount of hardware and software that needs to be dealt with, and more than likely, a team of experts is required to install, configure, test, run, secure and update them. (What is cloud computing?, 2016) Recently, cloud computing is a trend that is being observed in all kinds of businesses. This could be especially beneficial to a firm of our size.
Cloud computing is more advantageous to this sector. It’s one of the easiest and fastest service in order to advertise and spread fame. It helps in spreading the name of services and get fame in the market with in a very short period. The software as well as hardware related issues occurred in this field are solved to a great extent by the cloud computing. It improves the platform and provides the security to the data stored in the cloud.