Emerging Platforms - Cloud Computing
Emerging platforms are new technology developments and business models for which a theory is yet to be formulated, and yet there are rapid, radical innovations happening in their field. In this article, we will learn about one such platform - Cloud Computing by doing a critical assessment of its current trends, appreciate the challenges in implementing it and gain a perspective on how this technology impacts business outcomes.
What is Cloud Computing?
Cloud computing is a suite of tools which enables companies to lease their digital assets somewhere in the cloud. So unlike the on-premise data centers, the location of computers, applications and databases that employees are using is unknown. The point is to free companies from details and rent whatever is needed from the cloud. They dont need to buy and thus the IT expenses are switched from fixed capital to operating expenses.
Let us clarify some jargons that are often used in tandem with the cloud terminology. The offerings of the cloud can broadly be categorized into the following:
How does the Cloud help?
Apart from doing away with purchasing and installing massive data centers and making information available on web browsers, cloud has several benefits:
Concluding Remarks:
The cloud is still in its infancy stage and hence is an emerging platform. There is a fast increase in the number of cloud vendors; they are trying to be creative and segregate their offerings. In times ahead, there are expected to be transformative changes in this field and wider acceptance of the technology.
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