Business Opportunities of Cloud Computing CEMS6014

Business Opportunities of Cloud Computing CEMS6014

Running h ead : DIGITAL TECHNOLOGY: CLOUD COMPUTING
DIGITAL TECHNOLOGY: CLOUD COMPUTING
Name of the Student
Name of the Univer …

Preview text

Running h ead : DIGITAL TECHNOLOGY: CLOUD COMPUTING
DIGITAL TECHNOLOGY: CLOUD COMPUTING
Name of the Student
Name of the University
Authors Note
1
Executive Summary
The last two decades have witnessed exponential growth in technology, starting from
software to hardware. In this study the application of digital technology, particularly cloud
computing will be discussed. Cloud computing can be considered as one of those digital
technologies which is capturing and impacting the market notably, as it is an on -demand
computer system available especially for information storage that also without any
involvement of a direct user. The solutions , challenges and the facilities that can be provided
to the client by the application of cl oud computing and it’s tools in the organization are
focused in this paper.
Keywords : Cloud computing, Tools, Methods, Organization benefits and threats
2
Table of Contents
Introduction ………………………….. ………………………….. ………………………….. ………………………….. 3
The Business opportunities of cloud computing ………………………….. ………………………….. …….. 3
The business threats of using cloud computing ………………………….. ………………………….. ……… 4
The best tool and its features ………………………….. ………………………….. ………………………….. ….. 5
Conclusion ………………………….. ………………………….. ………………………….. ………………………….. . 6
References ………………………….. ………………………….. ………………………….. ………………………….. .. 7
3
Introduction
Digital technology involves electronic systems, tools , and devices for processing,
generating , and storing data. Cloud computing can be considered as one of the most useful
digital tool s in present times that allows organizations and individuals to store data and is
independent of any active user (Srivastava & Khan 2018) . In this paper , the issues such as
storage and access of data in Mehdi Alinejad’s organization is discussed , along with the
solutions that can be provided wit h the help of cloud computing. The challenges and threats
that can be faced by the us er due to the application of cloud computing and its tools are also
considered in this paper.
The Business opportunities of cloud computing
Total Parking Solutions Inc. is an organization that manages the semi -automated and
automated system of parking for buildings. The issues faced by the organization were storing
and easy availability of data as they are lacking space in their design s and Google drives due
to massiv e amount of documents and also repetition of data . The organization’s data was not
arrange d and classified methodically , making it even more challenging to access. The
organization required a system that can organize , arrange and store data for hassle -free
availability of the same when need ed in the future.
Cloud storage can be use d to resolve these problem s as it provides an ample amount of space
to store a good amount of information on the web (Liu & Yu 2018) . The model of cloud
deployment outlines the server location that is being used, who all has the authority to use it ,
and the re lationship between the user and the system. The c loud deployment framework can
be widely divided into four types , namely public, hybrid, pri vate, and also community cloud
storage. Each of these models has different features and solves other purposes. In th is
particular case described here , hybrid cloud storage will be most suitable.
4
Hybrid cloud storage can be referred as a mix of public as well as private cloud storage
features. Such cloud storage system s are used chief ly in organizat ions where the confid ential
information are stored or saved in the private cloud and the rest of the data is available in the
public cloud. This methodology will also classify the information and give access to the same
to targeted crowd (Chen et al. 2020) . Therefore Total Par king Solutions Inc can use the
hybrid cloud storage system to solve the purpose of storage, availability , and accessibility of
data whenever required. Plus , hybrid cloud storage is highly flexible, cheaper in comparison
to the other hardware and software d evices as are necessary for storing data and easy to use.
The business threats of using cloud computing
The technology of cloud computing is undoubtedly highly beneficial and famous in
the market presently , but along with the advantages, there come the risk factors.
The threats involved in using cloud computing for Total Parking Solutions Inc. are discussed
below:
Data loss : The organization can face data loss or data leakage for technical flaws in the
ser ver or hacking (Mondal et al. 2020) . The organization must set up a robust data protection
system which should be handled by a very trusted provider. One must select the provider
after multiple checking procedures , such as verifying the terms and condition s given by the
provider and the reputation of the provider in the market. Also , the organization must set up a
separate secondary system that can be used at the time of any technical flaws in the primary
server so that the organization does not stop functi oning.
Limited control : The providers of the cloud manages, own and monitors the infrastructure of
the cloud. The customer Mehdi Alinejad of Total Parking Solutions Inc will have minimal
authority over the cloud storage system (Patel & Shah) . The data, ap plications and services
5
will be under the control of the organization but there will be no direct access to the
administrative tasks of the system. The administrative function s include managing, updating
and accessing the firmware or the server shell. The organization has to reach out to the
provider for any changes in the core procedure of the server.
The best tool and its features
The technology of cloud computing is probably one of the most used and beneficial
innovations of this century (Parikh et al. 2019) . Cloud computing comprises some tools
which assist the technology in becoming more functiona l, one of them being cloudability.
In Total Parking Solutions Inc, cloudability can be one of the most useful tools. Cloudability
is a tool for financial man agement with the objective of analyzing all kind of expenses that
takes place in an organization (Technologies, 2022) . It assists the organization to figure out
the ways and methods of reducing costs, format reports and also give s warnings for
exceeding bu dgets through gmail and SMS. The tool has API’s which connect to cloud
billing and data usage for the financial and business systems. Cloudability can hence help
Total Parking Solutions Inc keep track of their financial records and improve on that , which
will help them to make more profit.
The features of cloudability are discussed below:
ï‚· Tracking of budget: This helps to calculate the expenses involved in the business and
thus keep track of it.
ï‚· Dashboard: This feature helps to show multiple reports on one particular screen that
enables the user to analyze the reports more clearly.
ï‚· Multi -cloud tracking: With the help of a single account , multiple clients are managed
on one particular platform.
6
ï‚· API Integration: This particular feature lets the integration of data and logic through
software applications.
ï‚· Real -time Sync: Up -gradations made on one platform are showcased or available on
other platforms.
ï‚· Compliance Management: This allows for risk assess ment and guarantees
comprehension of policies .
ï‚· Two elastic pricing plans: Enterprise and pro
The above -discussed features of Cloudability enhance the tool ‘s performance and make it
more suitable for the organization’s use.
Conclusion
Cloud computing is a game -changing innovation that has enabled cor porations to provide
products as well as services even while handling with cyber -security concerns, massive data
governance, and inspection. Converting to cloud computing has led to a significant reduction
in IT expenses, the potential to roll up or down a ccording to company needs, and, most
notably, the ease of accessing the content at any time from any location worldwide (Qasem et
al. 2021) . In this study , the benefits and risks that will be faced by Total Parking Solutions
Inc after implementing cloud co mputing to resolve their issues ha ve been observed.
7
References
Chen, L., Xian, M., Liu, J., & Wang, H. (2020, April). Research on virtualization security in
cloud computing. In IOP Conference Series: Materials Science and Engineering (Vol.
806, No. 1, p. 012027). IOP Publishing.
Liu, A., & Yu, T. (2018). Overview of cloud storage and architecture. International Journal of
Scientific & Technology Research.
Mondal, A., Paul, S., Goswami, R. T., & Nath, S. (2020, January). Cloud computing security
issues & challenges: A Review. In 2020 International Conference on Computer
Communication and Informatics (ICCCI) (pp. 1 -5). IEEE.
Parikh, S., Dave, D., Patel, R., & Doshi, N. (2019). Security and privacy issues in cloud, fog
and edge computing. Procedia Computer Science, 160, 734 -739.
Patel, P. G., & Shah, S. M. Survey on Data Security in Cloud Computing. International
Journal of Engineering Research & Technology (IJERT) Vol, 1, 2278 -0181.
Qasem, Y. A., Abdullah, R., Yah, Y., Atan, R., Al -Sharafi, M. A., & Al -Emra n, M. (2021).
Towards the development of a comprehensive theoretical model for examining the
cloud computing adoption at the organizational level. In Recent Advances in
Intelligent Systems and Smart Applications (pp. 63 -74). Springer, Cham.
Srivastava, P., & Khan, R. (2018). A review paper on cloud computing. International Journal
of Advanced Research in Computer Science and Software Engineering, 8(6), 17 -20.
Technologies, M., 2022. Top 10 Cloud Computing Tools List You Must Know In 2022.
[online] Mindmajix . Available at:
[Accessed 29 April 2022].
8

QUALITY: 100% ORIGINAL PAPER – NO PLAGIARISM – CUSTOM PAPER
error: Content is protected !!