Download file to see previous pages...
E- Business is a process in which the business transactions are made via networks of telecommunication especially the internet. The invention and innovation in the ICT sector led to the development of cloud computing. Cloud computing is the process of using remote server networks on internet to process, manage and store e- business data (Geoffrion and Krishnan, 2003: 1445). This technological process is an option for the use of a personal computer or a local server. Cloud computing has gained popularity within the business sectors over the past years because there has been a need to reduce the energy costs. The cloud computing is also more of environment friendly technology. It is efficient in relation to energy consumption during computation, communication and storage of data. Studies show that cloud computing is more energy efficient compared to in- house information centers. Its efficiency can be categorized into: economies of scale, aggregation and diversity, flexibility and effectiveness. It was found that businesses can improve their efficiency by spreading the costs. The costs are spread over a server that is larger, thus allowing efficiency improvements.
There has been increased usage of information and communication technologies (ICT) due to technological improvement. The use of ICT has been preferred in the businesses due to its efficiency and effectiveness. The technological dynamics has made efficiency of the ICT to be more energy efficient. There has been increased usage of ICT in businesses due to its ease of use and reliability. Since businesses aim to see that the profit is maximized, there has been a need for cost- effectiveness in ICT (Kyriazoglou, 2012: 213).
The environmental concerns, efficiency and effectiveness have seen that cloud computing gets preferred in the business sector. This is because cloud computing has improved the efficient utilization of information
...Download file to see next pagesRead More
Likewise, risk factors are also being considered, as the risk, mentioned in the underpinning contract is now owned by a third party i.e. cloud computing vendors. Martin Sandler, who is a director of HP systems security Lab says, “People often think of virtualization as adding to security problems, but it is fundamentally the answer to a lot of those problems,” (Anthes 2010).In a nutshell, cloud computing delivers major advantages along with negative consequences as well.
Great changes has been noted specifically in the advent of internet and technology use for depositing, withdrawing as well as transferring of money from an account to another through the internet and mobile phone wireless services (Gbadeyan and Akinyosoye, 2011, p.118).
New business developments have been shaping up, outdoing and replacing the old ways and bringing on board new ways of operations. With the help of Internet, consumers now can have much more choice for their shopping than was the case previously. It also changed enterprise’s business model, saving cost and more efficiency than before. Businesses enjoy the ease of making money and advertising because of going the e-way.
A considerable part of the report takes into consideration the tools of communicating with the customers on a virtual platform. The report concludes with some important aspects that the company must monitor in its effort to tread the domain of online marketing.
In e-Business, this methodology is well established when the products can be directly downloaded or delivered electronically - like e-Books, photographs, software, videos, journals, etc. However, the same is somewhat complex when the products are physical and need to be delivered by courier.
As such, many firms face insurmountable financial liabilities because of losing sensitive data or face the impossible task of recreating the lost data from the scratch. This essay summarizes the most important data security requirements (confidentiality, integrity and
They have 24x7 services which give them a global reach. They also offer mobile accessible services such as an up to date delivery status, real time notifications, click-to-call, and product information. These ensure a much wider platform to tap
Moreover, the world is changing from an expansive globe that needed the use of various conventional methods to do businesses as the internet continues to reach more and more people. Most importantly, the increased numbers of people, people who form the
10 Pages(2500 words)Essay
GOT A TRICKY QUESTION? RECEIVE AN ANSWER FROM STUDENTS LIKE YOU!
Let us find you another Essay on topic Cloud-based efficiency gains within e-Business strategies for FREE!