Lastly, another Management Information System that would be an asset for this company is Cloud Computing. According to Baltatescu (2014), “Barry Sosinski states that cloud computing refers to applications and services that run on a distributed network using virtualized computing resources based on pooled physical resources, partitioned as needed and accessed by common Internet protocols and networking standards” (para. 1). There are numerous amounts of benefits to receive from cloud services. Many businesses are now realizing that cloud services are quite essential for their businesses to grow. As stated by Coles (2017), “Companies that adopted cloud services experienced a 20.66% average improvement in time to market, 18.80% average increase in process efficiency, and 15.07% reduction in IT spending. Together, these benefits led to a 19.63% increase in company growth” (para. 4). There are numerous amounts of benefits associated with the adoption of the cloud. Some of these include, cost effective, easy maintenance and manageability, backup and recovery, easy access to information, flexible capacity and less environmental impact. Cloud computing is cost effective because there is no need to spend money on hardware and infrastructure. Also, due to the fact that cloud computing services offer the choice of paying for what you use, a company can in turn save money. According to Calder (2010),” In only paying for the resources used, operating costs can be reduced”
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).
The scalable aspect of cloud computing allows a company to grow quickly. The reason for this is that it
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.
In statement, Alijabre writes “Cloud Computing can help business shift their focus to developing god business applications that will bring true business value.” To prove his point Alijabre, uses statistical data gathered from one of big leading providers in Cloud Services. “Although cloud computing has been recognized as a way to improve business, not all businesses are the same. So, is cloud computing for all businesses or is it more beneficial for a certain type of business with certain infrastructure already in place?” To make his argument, Alijabre uses Amazon Cloud Service to give us a better idea the use of cloud computing in business, and what can they do to improve it. Amazon has been one of the best providers of cloud services to individuals or to small businesses. “Also, it has more than 79 million active customer accounts around the world, along with around one and a half million active seller accounts.” Undoubtedly, Amazon is the leading source in providing cloud services. Amazon makes it easier for the consumers to access their data online, only thing needed
Cloud computing offers many advantages to both end users and businesses of all sizes. The advantages of cloud
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).
Secondly, Flexibility, where with cloud computing, because you only pay for what you use, you have the flexibility to only use what you need which is very flexible to expand with your business growth. Thirdly, cloud computing is very simple, fast and easy. Any software in your business can be moved out of your shop and into the cloud that will give you the ability to focus on what you do best in your business and excel at your strengths while someone else handles the administrative functions. Fourthly, anywhere if you want you can access your cloud based applications that make more accessible. Fifth, Natural disaster or something like that can strike your business but the good news is that your computing capability resides somewhere else (Help desk llc,
Cloud Computing allows the company to set up what is essentially a virtual office to give you the flexibility of connecting to the company anywhere, anytime. With the growing number of web-enabled devices used in today's business environment, access to company data is even easier. There are many benefits to moving Cameron's Coffee to the cloud.
The Cloud system is a great benefit for customers. It’s a very convenient system to have. You can be in another part of the country or world, and you’ll still be able to check in, view, and be in everyday talks with your business. Another main benefit is that it can save you money. You don’t have to spend your hard earned cash on expensive hardware, software, servers, etc. “Companies evolve constantly as well as their needs, and you may not know what will be yours in few months. Cloud computing companies operate on a pay-as-you-use model, so you only pay for the services you require and use and can easily adjust your exigencies in power, space and services at any time” (Thakral). There are also on-demand resources and customers will have access to a large amount of applications. They don’t have to download or install these applications either.
“Cloud” computing is the fanciest buzzword in the computer industry, currently surpassing the last big term “web 2.0”. Every big player in the computer industry launched a cloud service last year. Notable examples are iCloud by Apple, (Apple 2012) or Microsoft Cloud Services (Microsoft 2011), copying various innovators like Google or Dropbox, who offer similar services since much longer. The latter is the most successful
Cloud Computing has the potential to save a lot of money for the company. Cloud Computing is defined by NIST as “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 with minimal management effort or service provider interaction.” (Mell, 2011) This means that instead of worrying about maintaining our own facilities we can pay monthly for a cloud service provider to do that for us. They will take care of all the
Cloud also offers potential benefits like scalability where adding additional resources can be done in matter of hours and also eliminates the need for huge capital expenditure which enables startups access to large
Summary – Cloud computing facilitates any organization with efficient data storage and management reducing company 's recurring cost and thereby increasing ROI.
The Benefits of the Cloud. Basically this section talks about how while large companies could do everything on premises as the cloud, it is much easier it would be to use the cloud system, because instead of paying your employees to worry about learning how to use hardware, software, and applications, you can outsource it to a company that entire job is just that, taking care of other companies software and maintaining it.