Impact of cloud computing on business

Discuss about the Cloud Computing.

Answer:

Introduction:

Impact of Cloud Computing on Business

Cloud computing means delivery of on demand hosted and shared processing assets to computers as well as on other devices. This research paper highlights how finance department of organizations use cloud computing for decision-making as cloud computing models gives several advanatges for finance decision-making (Bourne, 2012). This paper helps us to find out how cloud computing which is a small part of the information technology developments wave helps in understanding these large IT developments waves. Organizations might be invested in the capabilities which do not provide them long term benefits for their organization and almost eighty-eight percent of financial decisions of IT and non-IT related organizations are taken with the help of cloud computing. Cloud computing will intensify the significance of providing satisfactory or attractive client experience in the business services and external IT industry like a differentiator of the vendors (Collins & Lam, 2014). The paper highlights how the whole world concentrates on the clients advertising allegations or assertions of the quickly evolving merging of dynamically versatile multi-customer computational force, utilization of the storage services as well as on the databases made reachable through the system and the Internet (Karadsheh & Alhawari, 2011).Overall development is likewise called as a “Cloud Computing”. In last five years public administrations connected with the cloud computing increased from approximately 9 billion-40 billion. This empirical report emphasizes the results of adopting and embracing of cloud computing technology within and business associations whether it is small-sized business or large business enterprises and how cloud computing affects the organizations business growth and development, from several research literature (Padilla, Milton, & Johnson, 2015).

This research paper includes:

• Significance of cloud computing
• Outsourcing as well as cloud computing
• Quantifiable financial advantages of cloud computing

Finally, the paper includes the applications as well as the adoption of the cloud computing technology. Research paper includes how cloud computing become profitable IT resources for any organization as well as how adopting cloud computing, permit the clients to concentrate on deploying new activities, new applications, as well as new technologies.

References

Bourne, V. (2012). The Business Impact of the Cloud.

Collins, D. & Lam, K. (2014). Selling the Cloud to Smaller Business Organisations. JCC, 1-8.

Karadsheh, L. & Alhawari, S. (2011). Applying Security Policies in Small Business Utilizing Cloud Computing Technologies. International Journal Of Cloud Applications And Computing, 1(2), 29-40.

Padilla, R., Milton, S., & Johnson, L. (2015). Components of service value in business-to-business Cloud Computing. Journal Of Cloud Computing, 4(1).