Introduction These days the use of cloud services and the benefits they bring for organizations is an important milestone especially while there is a need for complex, huge, and expensive systems such as Information Systems. Cloud technology facilitates having a 24/7 service without concerning the implementation of the system, required computing resources, and IT employees to develop it. In this research report a brief overview of cloud computing is conducted. The benefits and challenges of deploying an accounting information system is discussed, and at the end there are some recommendations of success factors for adoption of a cloud based AIS. Overview of Cloud Computing The world is moving from manufacturing to more service-oriented day after a day. According to a survey of the U.S. economy conducted in 2010, 15% of the U.S. economy is driven by manufacturing, 5% in agriculture and other areas, and the remaining 80% is related to the service industry (Hwang & Dongarra 2013). Also, based on IDC, International Data Corporation, the cloud service market reached $17.4 billion globally in 2009 and is predicted to grow to more than $45 billion by the end of 2015. Cloud Computing can be explained as the delivery of computing resources over the Internet and is generally categorized under three layer: IaaS- Infrastructure as a Service, PaaS- Platform as a Service, and SaaS- Software as a Service (McKay, 2011). Having the required resources ready-to-use gives organizations
Cloud computing was a completely new term a short 9 years ago, in 2007. The basis of this technology is to move the workload of IT activities away from an organization, and to one or more third parties that have resources dedicated to processing such things. These can be, but are not limited to, networking, storage, software systems, and applications. Rather than having to create and maintain their own expensive datacenters, companies can pay a fee to use someone else’s. This makes growing businesses extremely flexible, as they can easily gain or remove storage space per their needs. Being able to purchase the use of online storage space is known as “hardware as a service,” or, more simply, “virtualization.” Being able to purchase the use of online software is known as “software as a service.” Both are very powerful tools that allow the minimization of a company’s IT budget.
The focus of cloud computing is providing with scalable and a cheap on-demand computing infrastructure with a good quality of service levels. The process of the cloud computing involves a set of network enabled services that can be accessed in a simple and general way. Cloud computing provides with a unique value proposition for any organization to outsource their information and communication technology infrastructure. Moreover, the concept itself provides with a value proposition for an organization as using the cloud saves on cost, resources, and staff, and business opportunities for the organization (Katzan). An extensive connectivity of
This research paper tackles the issues that faces Cloud Computing today and gives the experts and industry’s point of view on the matter. The aspects explored are the significant industry questions that have risen about the use of Cloud Computing, business value, organization impact, adaptability, limitations, initial cost of implementation, and the severe business security risks
from the provider or causing loss of service for our company as well and any of the multitenant
Reordering the economics of software, cloud computing is alleviating many of the capital expenses (CAPEX), inflexibility of previous-generation software platforms, and inability of on-premise applications to be customized on an ongoing basis to evolving customer needs. These are the three top factors of many that are driving the adoption of cloud computing technologies in enterprises today. Implicit in the entire series of critical success factors that are forcing the migration of on-premise to cloud computing platforms is the greater agility and speed the latter platform offers. Line-of-business executives today are increasingly defining the priorities of IT departments, often also defining budgeting cycles as well. Their primary concern is ability able to quickly get up and running on a new enterprise application, integrating its workflows into existing legacy and 3rd party systems, databases and applications, while also getting the performance gains of the new software (Bentley, 2008). Due to these factors cloud computing is evolving rapidly, changing the economics of enterprise software especially. Large-scale systems are most often purchased using Capital Expense (CAPEX) budgeting processes that often take several months ot over a year to complete. Often CAPEX-based spending on enterprise software also requires the board of directors for a company to authorize spending large amounts on new
Cloud computing is the practice of using a network of remote servers hosted on the Internet to store, manage, and process data, rather than a local server or a personal computer” (MultiTrends Inc, 2015). What does this mean for businesses, both big and small? Could this change the way businesses store data, and information? Will it be cost reducing, efficient and scalable? I have found the solution to these questions and many more while researching the “Cloud” for this paper. Before this project, I had little-to-no idea what cloud computing was all about, nor did I ever imagine it would be such an asset in the business world.
Cloud computing is the answer for “affordable” business technology platforms. It is a more affordable solution for media content than any other medium, and this is why Netflix, Amazon.com, and Apple are among the leaders in cloud usage and development. Ultimately cloud computing will be the primary way data services are accessed by businesses and consumers alike. Marston, Li, Bandyopadhyay, Zhang, and Ghalsasi 2009 conclude cloud computing offers companies the opportunity to deploy cutting edge IT services without the enormous upfront costs that deter so many organizations from making the investment in infrastructure. Now that affordable solutions are becoming more readily available it is likely that more small and
Cloud computing is a one of the most talked of topics in the field of Information Technology in recent times (Keyun, Joe, Taha, & Ibrahim, 2013). This subject area of cloud computing basically is a term used to describe computer resources available as a service accessible over a network (Darren & Kim-Kwang, 2013). The National Institute of Standards and Technology (NIST) define cloud computing as a model for enabling ubiquitous, convenient, on-demand network access on a shared pool of configurable computing resources (e.g. networks, servers, storage, applications and services) that can be rapidly provisioned and released with minimal management effort or service provider interaction (Peter & Timothy, 2011). Due to the attractive nature of the model there has been rise in the use of cloud computing. Gartner, an IT research and consulting firm, says that cloud computing is growing will become the bulk of IT spend by 2016 (Gartner, 2013).
By 2020, Forbes (McKendrick, 2012) has estimated that the cloud market will be worth $270 billion; this suggests that the market is expanding rapidly and users are becoming more aware of this feature. Many people, though, still ponder over the exact purpose of cloud computing: Cloud computing is a group of offline servers that are networked together to allow data to be stored centrally. For example, Drop box is an established cloud storage company that allows users to store documents, images and videos on their servers. This type of cloud computing is known as ‘Software-as-a-Service’, which are business applications that are hosted by the provider and delivered as a service (Hurwitz, 2010). Hurwitz also mentions two other types of cloud computing: ‘Platform as a Service (PaaS)’ and ‘Infrastructure as a Service (IaaS)’. ‘Platform as a service’ is where the consumer will create an application, using tools and software from the provider, then the provider will administer the consumer with networks, storage and servers. ‘Infrastructure’ as a service is where the provider will provide the consumer with physical computer or virtual machine.
Cloud computing is a novel tool that provides an opportunity for large or small business owners based on an entirely new business model. The term cloud computing itself is a familiar term, however, the specific meaning can be difficult to define. This paper discusses several facets of cloud computing topics to include cloud benefits, characteristics, as well as service models.
some of the main aspects which would affect a company trying to adopt cloud computing.
Cloud computing has proven that it is a technology that is here to stay and has shown to be a powerful game changer in modern business. It is a key component in allowing a organization to operate in ways never before imagined; however, with any new technology it is important to be educated about the technology and situation to be able to effectively leverage for an advantage. Through discussion of the technology, combined with potential security issues, strengths and weaknesses, a more thorough understanding of cloud computer
The information technology industry is growing at a rapid pace. Every business entity needs some form of IT support to ensure that business operations are continuously running. As an entity grows in size and revenue, the information system needed to support the entity needs to grow as well. Some businesses may not have enough resources to accommodate this expansion. Their building may be too small or they cannot afford to purchase the equipment. When this is the case, an organization will choose to migrate their network infrastructure to a cloud computing environment. Cloud computing allows for a company to implement a large scale network without having to incur expenses for modifying the building infrastructure. Cloud
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
Over the years, computing concepts changing from distributed to parallel to grid to cloud computing. The evolution of computing is shown in Figure 1. Now a day, people choose cloud computing because of the advantages they get from cloud computing. The advantages are scalability, reduced management efforts, on-demand resource allocation and flexible pricing model (pay-as-you-go). Cloud computing has three service models: Software-as-a-Service (SaaS), Platform-as-a-Service (PaaS) and Infrastructure-as-a-Service (IaaS). The basic concept of cloud computing and services is shown in Figure 2. Example of application or services using cloud computing are Microsoft OfficeLive, Dropbox, CluodNumbers, Google AppEngine, SalesForce