Creating Profitable e-Business: Cloud Based Computing - Essay Example

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With increasing technological advancement, businesses are becoming reliant on technologically based innovations to enhance their prospects and boost their profits. The companies are increasing profits by cutting costs that they would incur in the past through the application of…
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Creating Profitable e-Business: Cloud Based Computing
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Download file to see previous pages It could be the reason the businesses have decided to apply digital models to their business structures. One such digital application that is increasingly finding its way into businesses is cloud computing. As defined by Mell and Grance (2011), cloud-computing is a system for permitting expedient, global, and access on demand to an interlinked group of computing assets that can be configured, availed and released in the quickest time possible without the application of much effort or interaction from the provider of the service. In other words, the International Business Machines Corporation defines cloud computing as a provision on-demand computing resources (IBM, n.d.). The computing resources or assets include servers, networks, and storage, just to name but a few. Due to the demand and spread of cloud computing, there is what is termed as the cloud-computing trend. The cloud computing trend looks at the ways in which cloud computing is been applied by businesses. Hence, as per the research conducted, it has been forecast that large corporations will continually develop hybrid clouds, the mobile cloud platform will grow this year, and there will be design of provision systems like Saas, Paas, and Iaas as clients increasingly develop interest in utilising applications in cloud computing (Netsuite, 2015).
Cloud computing benefits are well defined and documented. There has to be a reason start-up and established companies are increasingly becoming reliant on cloud computing related services. Hence, it has to be appreciated that cloud computing offers various benefits. Sosinky (2010) outlines these benefits in a clear and succinct manner. He notes that cloud computing provides the accessibility of business resources through the network by use of conventional methods that permit clients to access whatever the resources have to offer on an individual basis. The cloud ...Download file to see next pagesRead More
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