An interim evaluation for the Business
An interim evaluation for the Business - In cloud computing models, customers do not own the infrastructure they are using; they basically rent it, or pay as they use it. The loss of control is seen as a negative, but it is generally out-weighed by several positives. One of the major selling points of cloud computing is lower costs. Companies will have lower technology-based capital expenditures, which should enable companies to focus their money on delivering the goods and services that they specialize in. Still there are key features for consideration before one talk for the need of the business. Since entire gamut of services is available in the market one has to be very choosey and do lots of self evaluation before drawing a final plan for the business.
- In which stage of your business life cycle you are planning to scale for the service of cloud computing?
- What business line you need to support and how much is the requirement os for your business.
- How much cost effective it can be when you rent the services?
- Which type of service is going to be beneficial for you?
- What is the organization preferred technology, development platform and business that require for this type of service?
- Is your organization having the capabilities to handle these services, as these services needs lot of competency to handle it as there are lots of mechanism with different layers of service present in them
- How much risk is associated with the data dependency when it is a kept in others infrastructure?
- How much performance and bandwidth is required to use this type of service with comparison to the current business needs? Is the company able to cope it up with the existing bandwidth to its business needs?
There is no limit for the evaluation, and consideration should be made with respect to the current business in one is, with respect to the multiple factors with responsiveness towards stake holders and business needs, financial goals, investment capabilities, profitability, future planning, industrial growth, service providers offerings etc. One can only earn the advantage through the new technology only if they are able to do a correct feasibility study to mitigate the business need.
Disadvantage
As any technology is a boon for an evaluation as the history is evidence, there are disadvantages too which cannot be ignored. Despite a fact cloud computing has so many features which can be awaiting a new horizon there are also key factors which cannot be ignored. Few have been summed up below:
Lack of connectivity causes 100% downtime, whereas with traditional applications, lack of connectivity allows for some local function to continue until connectivity is restored. The lack of industry-wide standards means that a usage surge can easily overwhelm capacity without the ability to push that usage to another provider.
Companies providing computing services will over-sell these services similar to how bandwidth is over-sold based on average or "peak" usage, instead of "maximum" usage. ISP's typically operate at multiples of 5 to 1, where they sell 5 times more than they have in capacity, assuming users will not use more than 20% of their allotted resources. This works, until there is a popular YouTube video that everyone wants to see at the same time.... resulting in outages. Cloud computing is even more vulnerable to the peak-usage problem than internet bandwidth.
"Denial of service" attacks, currently common, become easier. What's more they become harder to trace, as compromised "cloud resources" can be leveraged to launch the attacks, rather than compromised "individual pc's". Cloud computing is vulnerable to massive security exploits. Currently, when a system is broken into, only the resources of that system are compromised. With cloud computing, the damages caused by a security breach are multiplied exponentially.
By "centralising" services, cloud computing increases the likelihood that a systems failure becomes "catastrophic", rather than "isolated". No political approach has been made till date to control the uncontrolled factors to bring the service under the boundary lines of trust and owner ship, as these services are beyond country lines.
By "centralising" services, cloud computing increases the likelihood that a systems failure becomes "catastrophic", rather than "isolated". No political approach has been made till date to control the uncontrolled factors to bring the service under the boundary lines of trust and owner ship, as these services are beyond country lines.
Conclusion
The key motive to publish this paper is to give a glimpse of understanding on cloud computing as a technology for a new era. Its potential is considered so vast that it is surely going to give up a new dimension for the generation to come. So, in the long run, most of the companies (large, mid size or small) do not want to have the overhead cost associated with running a large IT department that is solely involved in sustaining existing enterprise application. Large companies do not have the risk tolerance to start using cloud computing immediately.
Most CEO’s and top IT Executives in large organizations will wait for the technology to mature before putting even the most non-essential applications on someone else’s servers. It gives a new aspect to do a business without owing so much. The concept is so new that work is still going on to cater the world with the best way for the companies having a technology appetite. There is a big push for cloud computing services by several big companies. Amazon.com has been at the forefront of the cloud computing movement.
Google and Microsoft have also been very publicly working on cloud computing offerings. Some of the other companies to watch for in this field are Yahoo!, IBM, Intel, HP and SAP. Several large universities have also been busy with large scale cloud computing research projects. There is no end to the evolution until one stops thinking. In the future, more cloud adoption is certain, this year alone the move to the cloud by many business has been phenomenal, so much so that some cloud business have grown by over 200%. Large vendors see this as the growing model for software and services in the future so more focus by the vendors is afforded. Do not be surprised if the cloud bursts with offerings over the next 24 months.
Most CEO’s and top IT Executives in large organizations will wait for the technology to mature before putting even the most non-essential applications on someone else’s servers. It gives a new aspect to do a business without owing so much. The concept is so new that work is still going on to cater the world with the best way for the companies having a technology appetite. There is a big push for cloud computing services by several big companies. Amazon.com has been at the forefront of the cloud computing movement.
Google and Microsoft have also been very publicly working on cloud computing offerings. Some of the other companies to watch for in this field are Yahoo!, IBM, Intel, HP and SAP. Several large universities have also been busy with large scale cloud computing research projects. There is no end to the evolution until one stops thinking. In the future, more cloud adoption is certain, this year alone the move to the cloud by many business has been phenomenal, so much so that some cloud business have grown by over 200%. Large vendors see this as the growing model for software and services in the future so more focus by the vendors is afforded. Do not be surprised if the cloud bursts with offerings over the next 24 months.
Source : www.ukoln.ac.uk