Introduction
It is notable that the Business Impact Analysis (BIA) is a fundamental tool that provides business consistency in any enterprise. Why is it fundamental? BIA is necessary for the generation of disaster recovery plans or for ensuring that an enterprise remains consistent. It permits business directors to determine information technology processes and critical elements within an organization. In addition, a BIA describes the period required for an enterprise unit to complete and supply deliveries to its clients along with any resources necessary to continue business operations. Business Impact analysis could be relevant in multiple areas. For instance, a business impact analysis could be relevant in cloud computing. This is because the emergence of cloud computing exhibits a rudimentary transformation in how information technology services are developed, invented, scaled, deployed, paid for, and maintained.
Today, computing is a paradox because computers are rapidly becoming powerful yet the cost of producing them is falling. As a result, computing is emerging as changing trend in the business society. Most clients are heavy users cloud computing owing to statistics that 30.2 percent of cloud computing services are projected to go public by 2018 (…………….). In fact, it is obvious that the number of global users of cloud computing services such as social media, email, mobile application users, and gaming are rapidly increasing. Thus, the entrepreneurs are embracing cloud computing as a sufficient solution for improving business agility while reducing costs. This paper is a business impact analysis on cloud computing because it provides a detailed description, technology, future trends, examples of companies, regulatory is...
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... Microsoft that joined the industry later, Google and Amazon have been running cloud services for some time. This led to the development of privacy and regulatory concerns in the field. For instance, outsourcing data storage services to third parties is risky owing to the leakage of information and data. Consequently, end-users of cloud services are advised to use service level agreements that can protect them from such shortcomings.
The use of cloud computing has implications in the entire globe. This is because statistics reveals that development of cloud computing can generate €88 billion to the EU gross domestic product by 2020. Additionally, it can lead to both the loss and the creation of jobs. Considering the legal, issues, future trends and the implications of cloud computing, it sufficed to conclude that the industry has numerous potential for growth.
The project will bring several changes to the company; it will first expand the current physical IT environment. It will provide the ability to increase the storage capacity of the current storage requirement and expected growth of data, while establishing a new data warehouse and business analytics applications and user interfaces. The project will also improve security by establishing security policies and it will leverage newer cloud based technology to provide a highly redundant, flexible and scalable IT environment while also allowing the ability to establish a low cost disaster recovery site.
As its core essences cloud computing is nothing but a specialized form of grid computing and distributing computing’s which various in terms of infrastructure , deployment, service and Geographic’s dispersion (Veeramachanenin, Sepetember 2015) the cloud enhance scalability, collaboration, availability , ability to adapt to fluctuation according to demand accelerate development work and provide optional for cost reduction and through efficient and optimized computing. (BH kawljeet, June 2015) cloud computing (CC) recently become as a new paradigm for the delivery and hosting of services our the internet. There are mainly three service delivery model Software as Service (SaaS) required software, operating system and network is provided or we can say in SaaS the customer can access the hosted software instead of installing it in local computer and the user can access these software through local computer internet browser (e.g web enabled E-mail ) the user only pay and the cloud service provider is responsible for management or control of mobile cloud infrastructure some of the company which provide such service are Google, Microsoft , Salesforce ,Facebook, etc…..Infrastructure as Service(IaaS)the cloud provider only provide some hardware resources such as network and virtualization is
The IT department needs to collaborate with the business to better understand how organization changes impact applications and systems. Moreover, IT needs to strengthen the IT-business alignment to stay abreast of future changes. One methodology that may assist here is business architecture, a blueprint of the business that supports aligning strategic objectives and tactical demands. 7. There are limits to customer-centric responsiveness.
The paper presents a detailed discussion on implementation of BIM in a construction project by defining a BIM team in the various phases of construction i.e. from conception to commissioning. Also, the paper presents a brief discussion on processing the information utilizing the i-rooms.
Spokane Industries has contracted Franklin Electronics for an 18 month product development contract. Franklin Electronics is new to using project management methodologies and has not been exposed to earned value management methodologies. Even though Franklin and Spokane have worked together in the past, they have mainly used fixed-price contracts with little to no stipulations. For this project, Spokane Industries is requiring Franklin Electronics to use formalized project management methodologies, earned value cost schedules, and schedules for reports and meetings. Since Franklin Electronics had no experience with earned value management, the cost accounting group was trained in the methodology in order to bid for the project.
However, RLK’s competitors are downsizing and outsourcing R&D and exploiting on the cost advantages. If RLK decides to invest more money into R&D and should the new product stall on launch, they face the danger of becoming bankrupt.
“Google and “Amazon” were the original firms that provided cloud computing services. “Google and “Amazon’s” analysts said that cloud computing was “on-demand access to virtual information technology resources” (Budriene, Zalieckaite, 2012, p.119). The cloud is simple, it allows businesses to access IT resources over the Internet. Budriene and Zalieckaite (2012), says “Cloud computing is a new conceptual paradigm for business which combines into a single environment not only applications, architecture and business models, but a variety of professionals for performance of common business tasks in the Internet medium,” (p. 120).
For many years, IBM succeeded in holding a very good market position. In fact, the company achieved a very high market share and huge profits. However, this situation did not last forever. In 1990, IBM experienced its first quarterly loss of $2billion due to some unexpected accounting charges. However, revenues increased from $62.7 billion in the previous year to $96 billion. In 1991, the c...
Businesses can benefit greatly from the utilization of cloud-based applications. “Cloud computing offers away to reduce IT infrastructure costs through a combination of capital expense avoidance, pay-as-you-go capacity, better utilization of virtualized commodity computing capacity, and reduced operational costs by requiring fewer internal IT resources to focus on commodity infr...
Amazon Web Services has benefitted Ericsson. Ericsson had specific business needs for the support of their business and Amazon’s Web Services was able to provide them with a robust global infrastructure that provided Ericson some significant cost savings. AWS gave them the ability to scale their application according to the business demand or changes. Remote assess has allowed then the ability to access their systems via the cloud anytime from anywhere. Ericsson chose AWS because they are considered to be the best integrated public cloud provider. “The Ericsson team states that having hosting centers in various regions was important for them. AWS also showed a better quality of service with solid management and a proven track record.” (Amazon Web Services, 2012)
The cloud computing is the practice that enables access to the shared pool of configurable computing resources which can be dynamically provisioned. It refers to both the applications delivered as service as well as hardware and system software in the data centres that provide those services. The attractive features of cloud computing such as on-demand access, high scalability, reliability, cost savings, low maintenance and energy efficiency bring benefits to both cloud service consumers and providers.
Cloud computing services provide a multitude of benefits for businesses of every size. Cloud computing services offer “flexible computing power and data storage, as well as data management, messaging, payment and other services that can be used together or individually (Laudon 2014). The list of benefits is long and varied. Cloud computing services are universal. Anyone and everyone can use the system. Cloud computing is cost effective. There is no maintenance fee, but rather a business pays for what they use. The amount of storage space is unlimited. This is a boon to companies who cannot accurately predict data usage. The ability to access private and public clouds ensures stability and security.
Leonard Prescott, vice president and general manager of Weaver-Yamazaki Pharmaceutical of Japan, believed that John Higgins, his executive assistant, was losing effectiveness in representing the U.S. parent company because of an extraordinary identification with the Japanese culture.
The article introduced the definition of cloud computing as both the applications delivered as services over the Internet and the data centers that provide those services. The article also compared the cloud computing with conventional data storage in many aspects. The author concluded that cloud computing is superior because it simplified operation and increased utilization via resource virtualization.
For example services such as, Google Docs, Flickr, YouTube or Yahoo Mail, actually already using cloud computing. These allow you to store t...