Essay about Cloud Computing And Its Impact On Business

762 Words May 4th, 2015 4 Pages
Increasingly, small to mid size entities (SMEs) are reducing large portions of their Information Technology (IT) teams to adopt cloud computing architectures. They are moving away from traditional in house computing and opting for Software as a Service (SaaS) and the other categories of cloud based computing as a replacement. Organizations seek cost benefits, technical agility, process specialization, and the shifting of governance tasks and responsibilities. They look to be more nimble and competitive in global business markets.
An Overview of Cloud Computing
There has been a myriad of technological advancements that have occurred with computer architecture and software over the past twenty years. The advancements combined have impacted business in a variety of ways globally. Cloud computing is a technology that is redefining how business and government organizations operate. Advancements in areas of computer networking, mobile computing, and web technologies has helped propel Cloud Computing into a multi-billion dollar industry. The industry is driving ahead rapidly and is revolutionizing the way people work and how businesses perform. It is estimated that the cloud market will reach two hundred fifty billion by 2017.
Cloud computing is comprised of internet based services, that are delivered via web and hardware systems software at the cloud service provider that offers the service, offerings are divided into three sectors, Infrastructure as a Service (IaaS),…

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