Cloud Computing   everything Defined

In the field of information technology, a new paradigm seems to arise every few years as the next major leap in technology. One of the current concepts in the IT world which suits that definition is called cloud computing. Yet before a company wants to accept cloud computing, it has to make sure it knows all the ramifications of this new service. Like with other innovations, there are many advantages that can be achieved, but the business risks do need to be weighed along with recognizing the advantages. It is necessary to bear in mind not just the short-term needs but also the organization’s long-term goals and objectives when making this assessment. Have a look at tecmint.com/servermania-discover-high-availability-cloud-computing-powered-by-openstack/ for more info on this. The Obama administration has pressured all federal agencies in recent years to study cloud computing and see how it can help every department. “Under the direction of the Office of Management and Budget (OMB) and the Federal Chief Information Officer ( CIO), Vivek Kundra, the Federal CIO Council developed the Cloud Computing Initiative to meet the President ‘s goals for cloud computing. “5 Cloud computing is expected to expand by leaps and bounds over the next few years with the recent drive from the current administration. There are projections in some reports that “in 2013, cloud services would hit $44.2 billion , up from today’s $17.4 billion, according to research firm IDC.”4 This paper would discuss the factors an company will weigh before making a decision to use or ignore cloud computing at present.

Cloud Computing Snapshot:

“Cloud Computing is a paradigm for allowing easy, on-demand network-based access to a common pool of configurable computing resources (e.g., networks , servers , storage, software , and services) that can be easily distributed and released with minimal management effort or service provider interactions. “2 This concept is one of many that has been implemented within the IT industry, but what is it? The cloud model can be described as a “leasing-versus-owning model-an operating expense versus a capital one. “4

For more clearly grasp the idea of cloud computing, let us equate it to a more familiar concept: paying for electric utilities. A household or business uses a certain amount of electricity every month which is regulated by a company which charges the user based on their use.