A Study of how Cloud Computing related to Cost-Effectiveness
Annotated Bibliography
Carcary, M., Doherty, E., & Conway, G. (2015). The adoption of cloud computing by Irish SMEs- an exploratory study. Electronic Journal of Information Systems Evaluation, 17(1), 3.
This article ascertains that the major reason why SMEs in Ireland adopt cloud computing is for cost-effectiveness. The study shows that cloud computing supports greater capacity levels and also protracted capabilities of the organization, devoid of incurring additional costs, which would have otherwise required investment in personnel training, infrastructure, and software. Also, a key feature of cloud computing is its capacity to diminish the financial burden that is placed on firms in technology adoption. The authors also demonstrate that cost reduction can be achieved through the capability to shift from a CAPEX cost structure to an OPEX one. Cloud computing also facilitates the utilization of resources as it eradicates the necessity for the organization to provide excessive services or increase the capacity to shelter against unanticipated future requirements. Moreover, cloud computing facilitates increased organizational scalability and also adaptability by enabling the entity to decrease its capacity.
Shankar, K. (2016). Effectiveness of Cloud Computing in Global Business. Journal of Applied Management-Jidnyasa, 8(1), 66-73.
This article examines the efficacy of cloud computing in the operation of global business. Shankar demonstrated that one of the key aspects linking cloud computing to cost-effectiveness is decreased computer costs. Through cloud computing, the organization does not necessitate computers that are either highly powered or priced to operate the web-based applications. Taking into consideration that the applications are run in the cloud, it implies that the firm reduces the costs incurred in investing in personal computers or desktop software. Cloud computing also facilitates cost-effectiveness within the organization based on diminished software costs. Different from the traditional desktop software applications that are expensive, it is possible for an organization to get several cloud computing applications at no cost, for instance, Google Docs suite. Furthermore, the article indicates that companies achieve cost savings through cloud computing. Different from desktop computing, where hard disk crashes can result in the destruction and loss of the firm’s valuable data and information, the same does not apply in the cloud where data is stored effectively.
The cost-effectiveness of cloud computing is perceptible. Rather than purchasing extra servers and storage devices that are solely employed to a small proportion of the working time, together with the...
Risk, Risk Management Strategies, and Benefits in Cloud Computing SITUATIONAL ANALYSIS PREMISE STATEMENT KEY DEFINITIONS SERVICE AND DEPLOYMENT MODELS BENEFITS OF CLOUD COMPUTING SECURITY ASPECTS Storage Reliability Virtualization Trust Physical Security Legal Compliance CLOUD COMPUTING RISKS RISK Management STRATEGIES Vendor Evaluation Centralized Information Governance Other Organization-Level Measures Individual-Level Security Measures Cloud computing model Cloud computing service and deployment models ISO/IEC broad categories The emergence of cloud computing has tremendously transformed the world of computing. Today, individuals, organizations, and government agencies can access computing resources provided by a vendor on an on-demand basis.
Cloud Computing Benefits As cloud-computing starts to take hold, a number of significant advantages have turned out to be evident. The first one of these, and perhaps the most important, is the costs. The cloud claims to decrease the price of obtaining, providing, and sustaining computing power, a gain of specific significance during times of financial hardship. By allowing agencies to buy just the computing solutions required, rather than purchasing complicated and
There is a difference in the approach to this challenge considering the two platforms, and the fact that they may be based on different configurations. Therefore, it is essential that proper techniques are instituted counter this. Evidently, insider threats are a menace in the cloud computing environment, just as is the case in a normal organizational set up. Most of the threats posed by such individuals are detrimental to the
This is made much easier and more time effective than the case was previously. Furthermore, projects that perform poorly in terms of being behind schedule or over budget, can be turned around by means of cloud computing. From the perspective of the public, cloud computing allows not only transparency and accountability in terms of government projects, but also provides the public with a platform form which to raise their opinions
In addition to the stability, scalability and extensibility of its architecture, cloud platform have made it possible for workflows across government to become more pervasive and secure as a result [4]. The TCO of a given cloud platform or series of applications therefore has continued to become reduced by the experience effect (comparable to economies of scale yet only applied to data aggregated and knowledge creation) across government [6]. This
RESEARCH QUESTION: Can private Cloud Computing architectures securely supporting integration to external databases, data marts and external systems located within logistics, supply chain and distributor businesses using the RBAC Model be more profitable based on integration to these external sources of information? Hypotheses Null Hypothesis: Companies relying on the Role-Based Access Control (RBAC) Model alone, as a single variable, are not more profitable than those relying on more traditional approaches to defining
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