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Using Cloud Based Information And Communication Technology Has Helped Small And Medium Enterprises ( Smes )

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A566_6986_chengyuj_CloudforSMEs_FinalReport_Nov_15_2015 Every SME has a silver lining The rapid development of cloud-based information and communication technology has helped small and medium enterprises (SMEs) to compete in the global market by reducing their entry and opportunity costs, and by supporting collaboration and innovation activities. For some existing SMEs, the process of creating this cloud business environment can be difficult and risky, because they lack sufficient human resources and lack sufficient control over Cloud infrastructures. Research also has shown that Cloud technologies have more impact on internationally orientated SME entrepreneurship, they will become more competitive in the global market by using Cloud …show more content…

Cloud computing technology allows SMEs to store, manage and process data over the Internet from remote data centers . Some major issues relate to this technology include estimate the A566_6986_chengyuj_CloudforSMEs_FinalReport_Nov_15_2015 implementing time for Cloud technology, how much store space that a company needs, and privacy and security issues2. For some existing SMEs, it is difficult for them to change from their original environment to this cloud-based business environment. Because they have to change their current structures and make staff arrangements to better fit the Cloud business environment. The other main concern is security issues3. Typically small business lacks controls over the physical cloud infrastructures, the responsibilities of data security are sloe depend on the Cloud providers4. With the help of cloud computing, small business goes onto the market quicker and keeps growing without worries about IT resources. According to the academic research survey, there are about 34% of Small business are willing to transferring to Cloud is because cost effective and reliable, 32% of them are trusting the safety and security environment of Cloud to store their important business data5. The remaining of the small business because the availability of services and sharing data facilities that Cloud providers provide6. With the help of Cloud services, SMEs will

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