Is Cloud Computing Beneficial to Organizations Research Paper

Is Cloud Computing Beneficial to Organizations - Research Paper Example wide potentials for improving monetary revenues, performances and environmental concerns in these organizations were identified. Businesses, libraries and universities can substantially grow by using strategies to overpower obliterate computing challenges identified in this study. 1. Introduction 1.1 History and Development of Cloud Development of cloud can be considered as an inevitable trend which began in 1950s as hardware time-sharing (Earnst and Young, 2012) and usefulness computing and power grid computing in late 1980s (Global Technology Industry, 2011). Thus aggregating assets had been beneficial over on-premise computing since the beginning of IT industry. advantage computing allowed consumers to pay for computer package based on the mensuration they utilized as contrary to the traditional method of purchasing the entire software. Grid computing amount the processing power of several idle comput ers, decreased the time taken for operations of large software and provided multiple accesses to the data bases stored in remote computer labs, libraries and other offices in the universities (Educause, 2006). Moreover, Utility computing and Grid computing decreased the cost of purchasing license for software, increased convenience in monitoring the randomness systems in universities, aggregated the processors and decreased the time consumption on detailed-software such the 3D graphic designing. only if these concepts were restricted to small scale operations in these organizations. Development of cloud enabled large scales worryes reaping benefits from resource accrual and virtualization. It contains similar characteristics to Utility computing, Grid computing, High Speed Computers and clusters. But cloud computing essentially defers from Utility and Grid computing, due to many attributes. Example services, deployment, associated issues and scope for development. These are desc ribed in detail in the proceeding chapters. Furthermore, public used remotely hosted servers for connecting to the internet and obtaining web services such as Gmail, chat, e-banking and social-networking in large scale for a considerable time period in the history. But resource virtualization was non recognized as a possible venture involving vast economic benefits until the development of cloud in recent history. Cloud computing get hold ofs large scale aggregating and vitalizing of IT assets. It delivers a number of economic and functional benefits to all the consumer segments (Gong, Liu, Zhang, Chen and Gong, 2010). It has a growing potential to decrease the firms production costs, create virtual business firms and grocery store business process as a service in modern economies (Earnst and Young, 2012). As opposed to Grid computing which mainly involved academic and government institutions cloud computing service providers involve commercial IT giants such as Google, Microsof t, Apple, Amazon, IBM and Oracle (Gong et. al, 2010). And also private, cooperate and contract software developers and venders also market in clouds. Consumers of cloud computing services vary from small to large scale business firms, universities federal official to individuals. Thus cloud computing provides benefits to many layers in the internet based market. Critical drawbacks had been identified link up to operations of contemporary cloud computing. Building of cloud involves technologies and human creativity. Latter component also acquaint methods for software piracy, hacking, frauds