TECHNOLOGY Why Cloud Computing Matters to Finance By Ron Gill‚ CMA‚ CFM When was the last time you upgraded your ERP system? If the answer is “not in recent memory‚” then you aren’t alone. About two-thirds of mid-sized businesses are running old versions of their enterprise resource planning (ERP) system—in some cases‚ it’s software that’s three or more versions old. This is the legacy of decades of on-premise (in-house) software deployments‚ incremental releases that never seemed worth the
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several advantages to working with cloud data in business. 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. Adding up the licensing fees for multiple users can prove to be very expensive for the establishment concerned. The cloud‚ on the other hand‚ is available at much cheaper rates and hence‚ can significantly lower the company’s IT expenses. The cloud provides almost unlimited storage
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concept of cloud computing and cloud services‚ and we introduce layers and types of cloud computing. We discuss the differences between cloud computing and cloud services. New technologies that enabled cloud computing are presented next. We also discuss cloud computing features‚ standards‚ and security issues.We introduce the key cloud computing platforms‚ their vendors‚ and their offerings. We discuss cloud computing challenges and the future of cloud computing. Cloud computing can be defined
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History of Cloud Computing The term “cloud computing” was most probably derived from the diagrams of clouds used to represent the Internet in textbooks. The concept was derived from telecommunications companies who made a radical shift from point-to-point data circuits to Virtual Private Network (VPN) services in the 1990s. By optimizing resource utilization through load balancing‚ they could get their work done more efficiently and inexpensively. The first time the term was used in its current
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EBM510 - Information Processing and the Web Cloud Computing Research Paper Mahesh BahuleyanNair 000-14-6974 Abstract This research paper is to recommend or suggest cloud computing as an alternative to the obsolete and highly expensive traditional computing mechanisms. Cloud computing is a new general purpose Internet-based technology through which information is stored in servers and provided
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CLOUD COMPUTING SUBMITTED BY: S.MEENAKSHI(meenushalu14@gmail.com) A.V.MONISHA(avmonisha2012@gmail.com) II-IT dept PSNA college of engineering and technology ABSTRACT: IT departments and infrastructure providers are under increasing pressure to provide computing infrastructure at the lowest possible cost. In order to do this‚ the concepts of resource pooling‚ virtualization‚ dynamic provisioning‚ utility and commodity
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Cloud Computing for Libraries: A SWOT Analysis 8th Convention PLANNER 2012 Cloud Computing for Libraries: A SWOT Analysis Miteshkumar Pandya Abstract This paper provides brief information on cloud computing and its application for libraries. Adoption of cloud computing is not an easy task for Indian libraries. This paper provides some basic idea to choose evaluate Cloud service for the library. The advantages‚ disadvantages and features needs to be seriously considered before putting data
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Cloud Computing Bhavin D. Tank (S.Y.B.Sc. (IT)) College of Computer Science and Information Technology‚ Junagadh Ph. +91 - 93282 96802 E-mail: tank.infotech@yahoo.com ABSTRACT: This white paper is an introduction to the terms‚ characteristics‚ and services associated with internet-based computing‚ commonly referred to as cloud computing. Also introduced are the benefits and challenges associated with cloud computing‚ and for those seeking to use communications services in the cloud‚ briefly
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Part A: Cloud Computing What is cloud computing? Cloud computing allows people to log into a web based service which hosts applications‚ programs or document. Imagine your job at a big corporation is to make sure every single computer in the company has the right software to work. Buying applications and programs for every single computer can be costly. Cloud computing solves that problem. You’d only have to install one application to ensure the employees can access to the “cloud”. The “cloud”
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for the Cloud." The New York Times 12 Jul. 2009. Sosinsky‚ Barrie. Cloud Computing Bible. San Francisco: Wiley & Sons‚ 2011 Miller‚ Michael. “Cloud Computing: Web-Based Applications That Change the Way You Work and Collaborate Online.” Canada: Que Publishing‚ 2008. Hartig‚ Kevin. “What is Cloud Computing?” Cloudcomputing.utilizer.com. 2009. Manning‚ Craig. "The Future of the Internet." The New Zealand Herald 20 Sep. 2010. Horton‚ James L. “A Walk in the Cloud: Broadband Computing And Communications
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