Cloud computing helps businesses execute and improve strategy, as well as increases productivity, driving innovation. It can serve as a vital improvement to the business by acting as a potential disruptive innovation for its employees. Further information available at Generate Business Value with Cloud … Cloud computing can help business shift their focus to developing good business applications that will bring true business value. Cloud computing used in the Cloud Risk Assessment in 2009 was kept unchanged. Innovators leverage cloud to create new products and services, as well as incorporate new channels or payment options into their business models. Cloud computing is an on-demand service model for IT provision, often based on virtualization and distributed computing technologies. This level of agility can give businesses using cloud computing a real advantage over competitors. In today’s business world with the amount of economic downturn and loss happening every day, the need for reliable, yet affordable technology is needed more than ever; cloud computing fills that void. A cloud … • Cloud Functionality – Create cloud instances to meet the exact need Employees and customers can connect through the cloud 24/7 for better service. Cloud Computing Value is Driving Business - Business Technology, Gadgets, and IT Best Practices from Business Solutions & Software Group Blog Cloud based solutions are ideal for businesses with growing or fluctuating bandwidth demands. Cloud computing makes communication, organization, and data distribution considerably easier than otherwise possible with traditional methods – like packaged software. Even at the time of the original report, this working definition was not intended as yet another definitive definition. This is because it has seen the fastest adoption into the mainstream than any other technology in the domain. 2. Cloud computing offers its customers reliable service at flexible prices that do not break the bank. Cloud Computing offers businesses the enhanced scalability to tackle the ever-changing IT infrastructure landscape. Cloud storage is one of the hottest cloud computing services offered today. But more than that, they are using this technology to more efficiently run their organizations, … As this data shows, an increasing number of tech-savvy businesses and industry leaders are recognizing the many benefits of the cloud-computing trend. Cetrom: Customized Cloud Computing Solutions for Your Business Unlike other Cloud providers , Cetrom offers customized solutions for each and every business. Cloud computing is […] Cloud Computing solutions allow you to easily adapt to an ever-changing business world, quickly respond to new market conditions, and, of course, increase business productivity while doing so. While saving money is still a big factor, there are several ways the cloud offers increased business value that in-house solutions can't match. In today's business world with the amount of economic downturn and loss happening every day, the need for reliable, yet affordable technology is needed more than ever; cloud computing fills that void. 6) The Cloud Increases Productivity Investing in the cloud allows businesses to provide a central repository for all their data, communication and processing. We will also look into the various characteristics of cloud services from a business perspectives and how cloud computing enhances the business value in several aspects such as cost, maintenance, security, user experience, scalability and Flexibility, and collaboration. Semantic Scholar is a free, AI-powered research tool for scientific literature, based at the Allen Institute for AI. And, because resource configurations are visible, it speeds up the choice of multi-sourced resources, which can dramatically cut the time to deployment of new products and services. The cloud-computing Infrastructure platforms you need to support business model innovation and digital transformation. The cloud-computing Infrastructure platforms you need to support business model innovation and digital transformation. Gartner predicts the worldwide public cloud … For the purposes of this discussion, to generate business value with cloud computing is considered to originate from functionality, utility, performance, agility, service delivery, and reliability. Cloud computing provides an increase in provisioning speed, which enables enterprises to acquire the resources they need faster. It was once considered mainly as a way to save money on storage and other IT services compared with in-house technology. Contact us today! At Cloud Computing Technologies we work as your cloud broker to help our clients maximize the “Generate Business Value with Cloud Computing” approach. You may be able to reduce your operating costs because: 1. the cost of system upgrades, new hardware and software may be included in your contract 2. you no longer need to pay wages for expert staff 3. your energy consumption costs may be reduced 4. t… In 2015, almost $70 billion was spent on cloud services. Cloud computing can make a big difference to the way you run your business. A Framework for Estimating the Value of Cloud Computing, The Economic Impact of Cloud Computing on Business Creation, Employment and Output in Europe. However, as good and innovative as cloud computing may be, it does not necessarily mean that cloud computing is good for all businesses. A growing percentage of small- and medium-sized businesses (SMBs) consider the ability to be productive remotely as critical to their operations: 66 percent said they need to allow employees to work anywhere at any time, according to a 2010 survey by Microsoft.1 Using Cloud-based software, teams in different location… Spending is increasing as more individuals and businesses realize the value of the cloud. Transforming IT into Business Value ..... 13. Cloud computing offers its customers reliable • Cloud Agility – Nimble cloud resources for quick response to opportunities Hard copy, local-level record keeping is no longer necessary when managers can … If we consider cloud computing as an applications delivery platform, then generally, organizational value increases as the business applications gain closer alignment to organizational strategy and business processes. If your business demands increase, you can easily increase your cloud capacity without having to invest in physical infrastructure. Cloud-based programs can be used at any time on almost any device with an Internet connection, a benefit that leads to greater collaboration, particularly for businesses with remote employees. Moving to cloud computing may reduce the cost of managing and maintaining your IT systems. 248.299.0300. It revealed that majority of these companies have spent more than a third of their IT budget to Cloud Computing. By researching the cloud computing services available, this…, Benefits and Challenges of the Adoption of Cloud Computing in Business, The Business Value of Cloud Computing in South Africa, A Review of Cloud Computing Evolution Individual and Business Perspective, A Conceptual Model for Cloud Computing Adoption by SMEs in Australia, Benefits of Cloud Computing: Literature Review in a Maturity Model Perspective, Server-Less Cloud Computing—An Economical Solution for Business Operations, Open Cloud Computing with Fault Tolerance, Analysis of Cloud Services on Business Processes in the Digitalization of the Consumer Product Industry, Do Clouds Compute? Keep that in mind as you create the business case and sell cloud computing to your executive team. The ability to make money will always outsell something cool and popular. The cloud service provider is providing a cost-effective substitution to the expenses of owning an applications platform. The best approach to Generate Business Value with Cloud Computing is an important question given that Cloud Computing is a very innovative platform. Companies can also save money through the integration of cloud services. Rather than purchasing expensive systems and equipment for your business, you can reduce your costs by using the resources of your cloud computing service provider. It emphasizes the paradigmatic strength of cloud computing, which trans-forms how applications are developed and delivered. Further information available at Generate Business Value with Cloud Computing. Castillo Technologies, LLC | Privacy Policy, Generate Business Value with Cloud Computing, Cloud Computing Technologies AWS Services. This adoption has been fueled mainly by the ever-increasing number of smartphones and mobile devices that can access the internet. Cloud computing is perhaps the most flamboyant technological innovation of the 21st century. 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