Cloud-Based Business
Applications
Cloud Computing’s Transformation of the World’s Business Environment
This paper aims to explore
and describe the disruptive impact of cloud computing-based applications on the
global business environment.
The advent of high-speed internet, coupled
with rapidly developing computing technologies, have enabled businesses to tap
into ‘The Cloud’ – a vast server pool of resources – and obtain access to
integrated software applications and profound computing capacity without the
need to install or maintain hardware and software.
This is a paradigm shift
in providing productive, flexible, cost-effective and holistic improvement in
how firms manage their information and business activities.
The rationale behind choosing this topic:
I am fascinated by how
the cloud is transforming the way that businesses can exchange information by
collaborating and integrating their internal and external operations. Personally,
I feel that the savings in time, energy and money make this technology truly
disruptive.
A game-changer for small
businesses, cloud computing continues to shrink capital costs for start-ups and
fuel competition by breaking entry barriers.
In times of economic
uncertainty, cloud computing is a cost-cutting boon for both private and public
sector organizations whose operations are being stretched. Cloud computing
promises higher efficiency at lower costs; automation will diminish the need
for staff to maintain and upgrade systems regularly. This will also allow IT
staff to focus on more important, strategic goals. Firms will only pay for what
they use; therefore, computing will change from a heavy cost to a utility.
Additionally, in this paper, I intend to focus on:
v The pre-cloud era: how organizations managed their information and IT
needs prior to the origins of cloud computing-based platforms and services.
v How cloud computing has already changed the business landscape through
cloud services like Google Apps, Salesforce CRM, Skype and Office 365.
v How current firms plan to integrate cloud computing into their
operations and propel their firms into a new era of efficiency and
profitability.
v How new services and applications built on cloud platforms will
transform age-old industries, such as healthcare, financial, manufacturing and
education.
v The implications of this technology for staff; it is likely to have a
positive effect on business culture by providing flexibility, as professionals
will be able to access their business information anytime, anywhere and from a
bevy of devices including their smartphones and tablets.
v In times of environmental concern, cloud computing is a greener
alternative, allowing firms to cut down on their carbon emissions.
v What are the possible or likely drawbacks and concerns about the use of
this technology, such as: security, reliability, and control; and what
developers are doing to counter them.
The paper will conclude
with my perspectives on the impact that cloud computing applications have on business
competitiveness, and why I feel cloud computing is a significant technology
revolution that will define the new IT-centric business era.