CMIS

Team 4

Cloud Computing

Cloud Computing is used by many functional areas, including accounting, marketing, and operations. In the accounting area, many individuals use this to keep data/information updated and available to all people in the cloud. The marketing area uses cloud computing through marketing automation. This “is a cloud-based service that massively reduces the time that business owners need to spend on such routine tasks, thereby ensuring precision and optimization of business resources” (Blaisdell, 2015). In operations, cloud computing is used to keep information flowing and up to data when needed. All of the individuals in these functional areas use cloud computing. The business processes that are impacted with cloud computing are purchasing, operations, and sales. Cloud computing is a real time continuous software that will keep all the information up to date.

One way that cloud computing is being used is to reduce IT costs. By using cloud computing you can use resources from your service provider, rather than buying pricey equipment and systems. Another positive to using cloud computing is the possibility of reducing operating costs. You can reduce the cost by less staff, less energy consumption, and no longer needing to update the system (Employment, 2020). Flexibility of work practices is another benefit to cloud computing. With cloud computing you have the ability to work anywhere during anytime of the day (Employment, 2020). While there are many benefits to cloud computing, there are some negatives to adapting to it. One of the main risks to cloud computing is having less control and visibility to your data. In the article, “Why Your Business Should be Adopting Cloud-based IT Services”, it mentions that “The cloud provider may store some of your data on their servers” (2020). This is giving a third-party access to your information, giving it a better chance for your information to be leaked. Another risk to cloud computing is not having complete control of your data. In some cases, cloud service providers store data in various places. “When you delete data, this makes it more difficult to know whether all instances of it have been erased” (2020).

Cloud computing services have a wide range of services that they provide. They range from full application to virtual desktops. Some of the top cloud computing service providers are Amazon Web Services, Kamatera Cloud, and Linode (2021).

Many companies use cloud computing to improve their business process. One example is, “The platform enables building, deploying, and managing applications, as well as offering access to online tools, frameworks, and services of Microsoft or Non-Microsoft services. Microsoft operates a global network of partners distributing the Dynamics products to clients” (Nieuwenhuis 2018). Nieuwenhuis demonstrates the capabilities of what Microsoft’s cloud computing can do to benefit a busines by giving the business the tools needed along with the expertise to teach businesses how to use the tools.

Another instance of cloud computing is the use in the banking industry. International Banker states banks use cloud computing for agile innovation in which it helps banks by enhancing agility, efficiency, and productivity. Cloud computing also helps lower risk by helping with security issues. Lastly, there are cost benefits by allowing the banks the option to not create their own IT infrastructure, and instead they purchase from the cloud only the amount the bank needs (Umansky 2018).

SOURCES

Blaisdell, R. (2015, February 04). Uses of cloud computing in marketing.

Retrieved February 21, 2021, from https://rickscloud.com/uses-of-cloud-computing-in-marketing/

Employment, S. (2020, December 01). Benefits of cloud computing.

Retrieved February 21, 2021, from https://www.business.qld.gov.au/running-business/it/cloud-computing/benefits

Lambert J.M. Nieuwenhuis, Michel L. Ehrenhard, Lars Prause, (2018 April). The shift to Cloud Computing: The impact of disruptive technology on the enterprise software business ecosystem, Technological Forecasting and Social Change, Volume 129, 2018, Pages 308-313

Top 25 cloud computing service provider COMPANIES (2021). (n.d.).

Retrieved February 21, 2021, from https://www.guru99.com/cloud-computing-service-provider.html

Umansky, M. (2018, September 03). The impact of cloud computing on the banking sector.

Retrieved February 22, 2021, from https://internationalbanker.com/banking/the-impact-of-cloud-computing-on-the-banking-sector/

Why your business should be adopting cloud-based it services. (2020, November 30).

Retrieved February 21, 2021, from https://consoltech.com/blog/why-business-should-adopt-cloud-based-it-services/amp/