What are the benefits and risks involved in using cloud computing?

MIS
9th Edition
ISBN:9781337681919
Author:BIDGOLI
Publisher:BIDGOLI
Chapter14: Emerging Trends, Technologies, And Applications
Section: Chapter Questions
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What are the benefits and risks involved in using cloud computing?

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First we have to understand that why frim uses cloud services so there are six major reasons why firms use cloud services which are as follows:-

1. Maintaining concentrate on the Business: Businesses are realising that running associate IT department isn't their core ability; they're higher lawyers, doctors or plumbers. Shopping for cloud services, either within the variety of one application like Salesforce.com or their entire data center is commonly a lot of value effective, a lot of reliable and lets them apportion their restricted resources to growing their business.   

2. Business Agility: Businesses with important technology investments will realise themselves unable to require advantage of shifts within the market or reply to competitive pressures as a result of the capital, individuals or time don't seem to be offered within the live required to react. Cloud services take away these barriers; permitting businesses to continually adapt their technology must their business while not the prices that might commonly need to be thought of with associate onsite data center.

3. Reduced Capital Expenditures: giant capital investments will be decreased or eliminated altogether in favour of tiny monthly payments. Capital will be protected as keeping capital and operational expenses to a minimum will be vital to tiny and medium businesses alike.                                                         

4. Scale: Businesses that have peak seasons or totally different seasonal staffing demands will enjoy cloud services by lease them briefly dial up a lot of capability for the seasonal business peaks, while not getting the hardware or package that might otherwise go unused throughout the slower times of the year.

5. Access from Anywhere: having the ability to try to Business while not Borders™ is one in all the key edges of cloud services. Access to your applications and information is obtainable to approved users anyplace there's web access.                                                 

6. Staffing Efficiency: Cloud services will facilitate you’re maintaining associate economical technology workers, outsourcing key technical specialisations or technology workers because it is sensible for your business.

 

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