MS – Management Information Systems - 513 Project The Application of Cloud Computing in Business Karthikeyan T Gajendran Table of Contents o Abstract o Introduction o How it works? o Types of cloud services: Types of cloud services SaaS - software as a service IaaS - Infrastructure as a service PaaS - Platform as a Service FaaS - Functions as a Service Hybrid cloud o Benefits and Advantages of cloud computing o Cloud computing in Banking and Financial Services sector o Cloud computing Risks Abstract: This project is going to discuss about the Cloud Computing and its application in business. To briefly describe what cloud …show more content…
Any number of end users and/or computing resources can be added on the fly. User accounts and resources can also be added dynamically as workloads demand those resources using the feature called auto-scaling. Types of cloud services: There are different types of cloud computing services available on the market which falls into one of the following categories. SaaS - software as a service: This type of cloud computing offers applications over the internet via the browser. The most popular SaaS business applications are Google G Suite and Microsoft Office 365. Other popular cloud services are Salesforce, enterprise applications, ERP suites from Oracle and SAP. SaaS applications offer wide range of configuration options and development environments that allows clients to set up their own additions and modifications. IaaS - Infrastructure as a service: At a minimum, IaaS public cloud services offer storage and compute services on a pay-per-use model. But the full array of public cloud providers services offered by all major is mind blowing. Virtual private networks, Highly scalable databases, big data analytics, machine learning , developer tools, application monitoring etc. Amazon Web Services was the first IaaS provider, followed by Microsoft Azure, Google Cloud Platform and IBM Cloud. PaaS - Platform as a Service: PaaS provides sets of services and workflows that targets developers, who can use shared tools, technologies, processes and APIs to fast
The need for sharing of resources, having an online backup storage system as well as providing an online efficient environment for businesses gave rise to the discovery of the clouds. Cloud computing is thus the latest technology in both the technological sector and the business sector. It refers to Cloud computing for example, provides an online platform upon which individuals and businesses can store and retrieve their information effectively when connected to the internet. It thus saves on the costs that could have otherwise been used for the purchase of additional storage devices. There is no worries of how the online documents will open up because cloud computing comes with online document reading software such as Google docs. The
Business owners use three types of cloud service, public, private, and hybrid these clouds store their data and provide them with services. The benefits of these clouds are endless, additionally, they saves businesses time and money, promoting innovation, enhancing productivity, and improving communication while cloud hosting accelerate information sharing, like email, application hosting, web-based phone, and data storage (Griffith, 2013).
SaaS – Software as a Service – Users on the service are given access to the application’s software and databases, cloud providers manage the infrastructure and platforms that run the application. “On demand”.
SaaS are applications designed for end-users, and can be delivered over the web. With SaaS, users purchase licensed applications in a “pay-as-you-go” model, or at no charge with system that generates revenue from streams other than the user, such as advertisement or user list sales. Examples of SaaS include enterprise-level application, for examples, Salesforce, Netsuite or Google Apps to personal
SAAS (Software as a service) - Allows users to run existing online applications. Off-the-shelf applications are accessed via internet.
Cloud computing comes up with designers and IT arrangements. capability to concentrate on factors such as providence, attainment and sufficiency planning. Due to increase in complications and costs of management, IT organizations found different models of cloud computing which respond to different needs of various users. National institute of standards and technology (2011) has described that cloud computing has three service models known as software as service(SAAS), Platform as a service (PAAS) and Infrastructure as a service(IAAS).cloud computing provides
IT departments are controlled by market-driven demands from employers to provide data that is current and up-to-date for businesses to operate effectively in today’s market. Thus, the demand and delivery of current technology are the main focus for IT department infrastructures. IT infrastructures include systems, software and application platforms, data assets, and related business processes and practices. Coupled with the understanding of the IT infrastructure is the need to deliver the data to the business environment which can be provided by different means of cloud computing. At the present time, cloud computing is a platform which allows people to connect to information anywhere at any time. The cloud, in reality, is the internet. This internet based platform allows companies a way to access computer resources as utilities. Cloud computing can be dissected into a few categories, infrastructure as a service (IaaS), software as a service (SaaS) and platform as a service
of a Public cloud is that they may be larger than an enterprises cloud, thus providing the
This type of public cloud computing provides applications through the internet. Most of the enterprise application follows SaaS model. This model provides both extensive configuration and also the development environment where the customers can code and make modifications and additions.
Cloud computing paved the way to the specific type of service known as Software as a Service (SaaS) in the 1990s, as well as programs like Salesforce, which gave businesses the ability to have better “customer relationship management” (Goodrich 2013). As more SaaS programs became available, it was clear that agencies like The National Institute of Standards and Technology and Legal Cloud
1.Cloud Computing: Cloud computing is defined as the different services such as service, storage and applications are deliver to organization devices and computers through internet. There are mainly three types of clouds they are private public and hybrid and three services are offered by the cloud mainly Software as a service in which user rent access to software application functionally over the internet eg:ltu student mails .,
Cloud computing customers do not need to own the physical infrastructure; rather they use the resources from a third-party provider on rental basis. This helps them to avoid huge effort for the setup of the infrastructure. The End-user consumes the resources as a service and pay only for resources that they consume. Most cloud computing infrastructure consists of
Cloud computing is very convenient because it can be done anywhere, and anytime. Businesses use the cloud as “Software-as-a-Service (SaaS), where the business subscribes to an application it accesses over the Internet”(Cloud & cloud, 2016). The benefits of SaaS you can sign up and rapidly start using innovative business apps and data is accessible from any connected computer No data is lost if your computer breaks, as data is in the cloud and the service is able to dynamically scale to usage needs Another one is Platform-As-Service where the business creates it own application for the company’s use and it supports everything you need to build and deliver web based applications. The Benefits of PaaS are the ability to develop applications and market faster, Deploy new applications to the
Provides service such as storage and other virtualized compute resources and makes them available to customers over the internet. Cloud providers in IaaS manage the physical resources and their hypervisors whereas Cloud customers can run their software stack and manage the content of their allocated virtual resources, including guest operating system. Customers in this sort should, on a fundamental level, have overall control of their data. At the time of writing, Cloud providers have ultimate control of customer data.
In the last few decades, the increased capability and accessibility of Internet had resulted in many benefits to the world of computing. One of the most prominent contribution t to power cloud computing. Cloud computing, a relatively new technology, has experienced tremendous growth since its inception, with organizations and individual finding it beneficial, due to its convenience and ability to deliver computing resources at cost effective terms. The cloud offers on-demand cloud computing resources, eliminating the need for organizations to purchase, install, store and maintain costly computing infrastructure. It also offers reliability and flexibility in terms of computing. With the cloud model, users can have services in three paradigms. First, cloud as an infrastructure offers the users on-demand computing infrastructure, including