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Business in the cloud

Date post: 13-Jan-2015
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Business in the Cloud Submitted by: Destiny Chilton BMT 580/MBA 446
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  • 1. Business in the CloudSubmitted by: Destiny Chilton BMT 580/MBA 446

2. Trends Hybrid clouds - architectures that combine the security of private clouds with the powerful, scalable, and cost-effective benefits of public clouds Industrial Internet - Cloud computing platforms will play a big role in creating the next generation of intelligent, software-defined machines that are operable and controllable entirely from centralized, remote locations. Web powered apps - cloud-based applications that are platform-agnostic BYOD and Personal Cloud in Enterprise IT - As end-users put more of their own data into personal cloud services for syncing, streaming, and storage, IT executives are finding ways to incorporate personal cloud services in the enterprise environment through techniques such as Mobile Device Management. Platforms-as-a-Service continue to grow - PaaS allows businesses to lower IT costs while speeding up application development through more efficient testing and deployment. Graphics as a service - With emerging cloud-based graphics technologies by companies like AMD and NVIDIA, end-users will run graphically intense applications using nothing more than an HTML5 web browser. Identity Management in the Cloud - Cloud services offer accessibility, convenience, high-power, and redundancy, but with cloud-based applications taking over businesses, theres a need to rethink security policies. Look for identity management solutions to bring new paradigms of security to the cloud in 2014. 3. Trust Issues Security Is the cloud service secure? Privacy Does your information stay private? Confidentiality Can you ensure confidential information will stay confidential? Access Who can access your information? This became more important with the passage of the US Patriot Act and other similar legislation. 4. Cost Factors Cloud computing can reduce expenses by allowing some of your IT personnel to focus on more complex tasks rather than day to day tasks. Cloud computing services can crash so you have to be able plan ahead and budget for such things to happen. Might consider using more than one cloud service so not all of your information is stored on one server. 5. Privacy and Security Issues Loss of control over data Dependence on the Cloud Computing provider Security risks that threaten the transfer line include eavesdropping, DNS spoofing, and Denial-of-Service attacks Concerns also exist with regard to deletion of data Some widely used Cloud Computing services (e.g. GoogleDocs) do not include any contract between the customer and Cloud Computing provider. Therefore a customer does not have anything to refer to if incidents occur or any problems arise. 6. Companies that have moved to the Cloud Netflix Xerox Pinterest Instagram Etsy Apple MediaMath 7. Advantages of Cloud Computing Achieve economies of scale Reduce spending on technology infrastructure Globalize your workforce on the cheap Streamline processes Reduce capital costs Improve accessibility Monitor projects more effectively Less personnel training is needed Minimize licensing new software Improve flexibility 8. Disadvantages of Cloud Computing Outages Security Cost Data Transfers Support Flexibility Latency Understanding Integration 9. Other Issues to Consider before moving to the Cloud Research the vendors Be aware of legal issues Consider a back up to the cloud 10. References Allouche, G. (2013, September 17). 7 Well-Known Companies Who Have Moved to the Cloud. RSS. Retrieved February 21, 2014, from http://smartdatacollective.com/gilallouche/145341/7-wellknown-companies-have-moved-cloud Pearson, S. (2012, June 28). Technical Reports. Privacy, Security and Trust in Cloud Computing. Retrieved February 21, 2014, from http://www.hpl.hp.com/techreports/2012/HPL-2012-80R1 Publications. (n.d.). Council of European Professional Informatics Societies. Retrieved February 21, 2014, from http://www.cepis.org/index.jsp?p=641&n=825&a=4758 Ray, R. (2011, November 27). Three Issues to Consider Before Moving to the Cloud. Entrepreneur. Retrieved February 21, 2014, from http://www.entrepreneur.com/article/220779 Roberts, K. (2013, March 4). HOME / DEDICATED SERVERS / RESELLER HOSTING / MANAGED HOSTING / VPS / WEB HOSTING / COLOCATION. Top 9 Disadvantages of Cloud Computing. Retrieved February 21, 2014, from http://www.superb.net/blog/2013/03/04/top-9-disadvantagesof-cloud-computing/ S. (2013, December 10). Seven Cloud Computing Trends In 2014. Forbes. Retrieved February 21, 2014, from http://www.forbes.com/sites/sungardas/2013/12/10/seven-cloud-computing-trendsin-2014/ 10 Benefits of Cloud Computing. (n.d.). 10 Benefits of Cloud Computing. Retrieved February 21, 2014, from http://www.verio.com/resource-center/articles/cloud-computing-benefits/


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