Cloud computing
What business benefits do cloud computing services provide? What problems do they solve?
Cloud computing offers plenty of benefits as well as solving plenty of business problems;
• Cloud computing is probably the most cost efficient method to use, maintain and upgrade. Traditional desktop software costs companies a lot in terms of finance. –Solve the problem of high acquisition and maintenance costs.
• Storing information in the cloud gives you almost unlimited storage capacity. Solves the problem of capacity planning and scalability.
• Since all your data is stored in the cloud, backing it up and restoring it is relatively much easier than on a physical device.
• In cloud computing, you can access the information from anywhere.
• Organizations don’t have to buy the product outright. They only have to pay for the software when they actually use it. So companies that couldn’t afford the software might now be able to use it. Also, companies will avoid the risk of a huge loss if the software doesn’t turn out good for their business.
What are the disadvantages of cloud computing?
• Though it is true that information and data on the cloud can be accessed anytime and from anywhere, there are times when this system can have some serious dysfunctions. A good example is the AWS.
• In the cloud there are security issues and reliability issues. Hence, you need to make sure that you choose the most reliable service provider who will keep your information totally secure. During Zynga IPO they mentioned one of their main risks is dependence on AWS.
• Storing information in the cloud could make your company vulnerable to external attacks and threats.
• The organization loses control on operation and development as a third party is being used. The company is also tied to the financial health of the provider.
• Special customization is not possible. The software used will never match the exact organization’s needs.
• Long-term dependence on cloud host for maintenance
Cloud computing offers plenty of benefits as well as solving plenty of business problems;
• Cloud computing is probably the most cost efficient method to use, maintain and upgrade. Traditional desktop software costs companies a lot in terms of finance. –Solve the problem of high acquisition and maintenance costs.
• Storing information in the cloud gives you almost unlimited storage capacity. Solves the problem of capacity planning and scalability.
• Since all your data is stored in the cloud, backing it up and restoring it is relatively much easier than on a physical device.
• In cloud computing, you can access the information from anywhere.
• Organizations don’t have to buy the product outright. They only have to pay for the software when they actually use it. So companies that couldn’t afford the software might now be able to use it. Also, companies will avoid the risk of a huge loss if the software doesn’t turn out good for their business.
What are the disadvantages of cloud computing?
• Though it is true that information and data on the cloud can be accessed anytime and from anywhere, there are times when this system can have some serious dysfunctions. A good example is the AWS.
• In the cloud there are security issues and reliability issues. Hence, you need to make sure that you choose the most reliable service provider who will keep your information totally secure. During Zynga IPO they mentioned one of their main risks is dependence on AWS.
• Storing information in the cloud could make your company vulnerable to external attacks and threats.
• The organization loses control on operation and development as a third party is being used. The company is also tied to the financial health of the provider.
• Special customization is not possible. The software used will never match the exact organization’s needs.
• Long-term dependence on cloud host for maintenance