Cloud Computing Summary Cloud computing, a model for enabling convenient, on-demand network access to a shared pool of configurable computing resources (e.g., networks, servers, storage, applications, and services) that can be rapidly provisioned and released with minimal management effort of service provider interaction. From a user 's perspective, cloud computing is the use of the application without having to understand the mechanics involved in implementing it and making it accessible. From an IT perspective, it is the opposite end of the spectrum. For IT professionals, cloud computing means understanding how to deliver the experience and meet other business goals such as service level agreements (SLAs), reducing costs, compliance …show more content…
Cloud computing will be a cost cutting move of the future for many large information system companies. Zetta, a start up cloud service provider, told InformationWeek that customers realize a three-year total cost of ownership advantage of three to four times that of onsite storage. Imagine having three years worth of ownership cost taken off your budget, three years worth of rent that you can keep in your pocket and spend somewhere else. Using cloud computing will also mean you don’t have to pay for software licenses. A standard that seems pretty consistent for cloud computing companies, if the service doesn’t perform at 99.9% of the time during monthly billing the company will credit you a certain percentage for failing to meet their commitment. If your company was doing its own storage and applications, if the network went down it would do nothing but cost your company money, with clouds they at least pay you for time down. Background GlaxoSmithKlinem, a leading healthcare company, CIO Bill Louv made some recent decisions concerning cloud computing. Louv’s company was using a Lotus Notes platform that was reaching the end of its life span. Charged with making the choice of how to update Louv chose to move all 115,000 employees worldwide to the online, monthly subscription Exchange and SharePoint that Microsoft has made available. To that point, Louv saved 30% on total cost of ownership over five years compared with the licensed software.
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 offer services that are available wherever the end user might be located. Telecommuting is becoming a popular option that employers are offering and cloud computing makes it an even better idea to implement knowing that the data is stored in a secure location. No matter where you are in the world, you can access your cloud based applications. This is also another way for businesses to save money in their budget as not all the employees are required to be in the office, so they do not need as much space or such a large building to accommodate all their employees. This allows businesses to save on rent, utility bills and office equipment.
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 allows a user to store and access data and programs over the internet instead on their computer hardware (Griffith, 2015). The user is then able to access from anywhere or any internet-enabled device. There are three categories of service in cloud computing: SaaS stands for Software as a Service; IaaS is Infrastructure as a Service; and PaaS is Platform as a Service. Until recently, most users stored and accessed their programs via their hard drive, also known as local storage. What began as an alternative delivery system is swiftly becoming a way for Enterprises to reduce their IT spending while still providing multiple applications to various users. If a service has the following
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).
As I mentioned earlier, Cloud computing can be beneficial for all types of companies both small and large businesses. Small and medium-sized businesses do not have the same budget to spend on IT departments as large enterprises and so Cloud computing can enable them to invest in IT and expand with no upfront costs.
The advantages of cloud computing include cost savings, meeting computing needs, reliability, and centralized security functions. This will lead to overall lower costs, improved information handling, and greater convenience for end users. All of these advantages make cloud computing worth considering.
Cloud computing is an emerging Information Technology (IT) model whereby a company utilizes a pay-per-use service for it computing needs rather than maintain a local data center run by its in-house IT department. By treating computing resources as a commodity or operating expense, it allows firms to focus less on IT and more on the core elements of the operations strategy. Because of advantages like this, its popularity has grown exponentially in recent years. However, cloud computing also has certain inherent risks in its present form. This paper seeks to understand the key advantages driving businesses to adopt this computing model in ever increasing numbers,
Cloud Computing, also known as ‘on-demand-computing’. It is a computing that based on internet to share resources, information, and data with other devices on-demand. It is a model that enabled everywhere, computing resources such as servers, networks, applications and storages that are configurable can be shared once demand with access and provision rapidly and released with minimum effort of management, and different services are handed through Internet to the computer of organization. Cloud Computing depend on sharing computing resources instead of using personal devices or local servers to handle applications.
As cloud-computing starts to take hold, a number of significant advantages have turned out to be evident. The first one of these, and perhaps the most important, is the costs. The cloud claims to decrease the price of obtaining, providing, and sustaining computing power, a gain of specific significance during times of financial hardship. By allowing agencies to buy just the computing solutions required, rather than purchasing complicated and costly IT infrastructures, companies can lower the expenses of creating, screening, and sustaining brand new as well as current systems (Amies et al, 2012). The next most important aspects within cloud computing is accessibility or simply access. The cloud guarantees universal use of high-powered storage as well as computing solutions for any individual having a network accessibility device. By supplying such functions, cloud-computing assists to help telework projects, in addition to strengthen an agency’s continuity of operations (COOP) requirements (Amies et al, 2012).
"Cloud Computing is a model for enabling ubiquitous, convenient, on-demand network access to a shared pool of configurable computing resources (e.g., networks, servers, storage, applications and services) that can be rapidly provisioned and released
Ignoring the security concerns for cloud computing, it is very resourceful to large organizations. Specifically where the demand for processing power and data storage is constantly fluctuating. Configuring the cloud to absorb increased network traffic and processing jobs will eventually cause the cloud to be underutilized other times. Though a company has the option to pay per hour for computing resources (Armbrust et al., 2010). This allows for the company to only pay for what they need and prove beneficial to overhead costs as the cost for renting processing power is much cheaper than owning it.
There are a multitude of business reasons why businesses move to the cloud. For one company, it will be the flexibility that cloud offers while another will be looking to cut costs. But does it signify future trend for most businesses? Many businesses have heard diverse views about cloud technology. Whether if it will be the future trend, is yet
In my own opinion, cloud computing offers more pros than cons to most companies planning to migrate their services to the cloud. Some pros would be cost efficiency, continuous availability, recovery options, energy efficiency, scalability, quick deployment, increased storage capacity, and device diversity (Tsagklis, 2013).
The term ‘cloud computing’ gets tossed around in media and business settings, and while everyone seems to know generally what it is, not everyone is aware of how to use it, much less how to implement it in a safe way that still enables it to provide the full benefits of storing data in the cloud versus storing and managing it on-site. Cloud computing has many benefits for businesses, such as allowing them to store information and be managed by an outside company, which eliminates the cost and effort of a company having to buy servers, install and configure them, and then hire IT staff to continue to maintain them. According to a study of over 1,300 U.S. and U.K. businesses, 88 percent reported that they saved money using cloud services,