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Cloud Management Case Study

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Most of us have been heard about the most cloud security failures in which all the cloud technology companies are continued to mature, they still suffer the same type of issues in-house infrastructure’s. Cloud computing has become a biggest market in today’s technology. In a report of 2016, analysts at Gartner predicted that transferring to cloud is going to affect $1 Trillion in Information technology in the next five years. Cloud services market has grown to an extent level that it was not a notable percentage of total it is spending, which was helping to generate new technologies and start-ups which are born in the cloud. When cloud services are going offline or software and websites will fail it can always results in huge business …show more content…

Knight Capital: Knight capital is cloud based stock trading software. According to New York post, Knight capital on an incorrect and an automated software which was based on an incorrect algorithm which mainly costs a firm staggering $440 million in just forty-five minutes. New York post has been described it as Meltdown waiting to happen. The program software which was incorrectly has bought the stocks at the market price resulting in several billion dollars of unwanted positions, before selling the stocks at the bid price for less money. This Error has cleared 75 percent of the knight capital’s equity value, which was in the fallout from the incident Knight capital was fined $12 million by the securities and exchange commission. Eventually they had to sell their business to algorithmic trading company GETCO for a merge $3.75/ share. Virtualization majorly comes from different forms this was distinguished primarily by the layer in which the computing system to which virtualization is applied. All virtualization forms will have an entity called a hyper visor or virtual machine monitor (VMM). This is the major central unit which controls all the functions of the virtualization programs interact with beyond the layers. Application virtualization is the virtual implementation of the application programming interface which enables the programs to run on different platforms by providing them all the virtual API.

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