Potential Applications of Cloud Computing in Commercial Projects

Potential Applications of Cloud Computing in Commercial Projects Deals With Valuable Assets for the Economy and Form the Basis for Success in Business. The IT department is therefore an important part of a company. This process is collecting the information needed for the operational and strategic business processes to evaluate and make them available. Usually they are divided in to Projects for better tracking of Progress, ROI etc.

While today largely internal IT departments, external consultants and rarely dynamically flexible systems are used in businesses, a paradigm shift in information technology is emerging that is revolutionizing the industry. Thanks to technological development, particularly in the area of ??hardware and software virtualization the operation of cloud computing. This is becoming one of the most important and most promising trends of recent years.

Table of Contents 1 Introduction 2 Basics 3 Cloud Computing Related Definitions 4 Business and Service Models 5 Applications

 

Potential Applications of Cloud Computing in Commercial Projects : Introduction

 

Cloud computing flexible systems can be created and information, applications and entire business processes in real time can be delivered via the Internet. In the private sector, many vendors have already established the private use of cloud applications and data stores on the internet. In the economic environment, the companies still react with skepticism to the revolution, precisely because of unresolved safety and legal aspects.

The economic sector of trade, undergoing a paradigm shift, which is due to the technological development. Trading through the Internet and via mobile devices is constantly growing. The traditional stationary trade is in an upheaval. Especially in this area, cloud computing could bring added value and competitive advantage for a trading company. This leads to the question of which potential applications of cloud computing in the commercial ever made and is connected to which opportunities and risks of using cloud computing. With regard to the objective of this article to go for an analysis of possible scenarios and application potentials of Cloud Computing on the market and seek the opportunities and also the risks are identified and evaluated for commercial projects.

 

Potential Applications of Cloud Computing in Commercial Projects : Definitions

 

The term cloud computing is composed of coined words, deriving from the English words cloud and computing. The cloud serves as a symbolic representation for the Internet, which is the medium through which the products and services offered by cloud service providers. Cloud computing is marked by different solutions and interpretations of each cloud provider.

Although there are a number of definitions, but no uniform definition is established for Cloud Computing . A widespread, recognized and commonly used definition published by the NIST (National Institute of Standards and Technology). According to the NIST Cloud computing is a model that allows ubiquitous access to on demand constantly available networks.

In this there is a pool of configurable computing (Electronic Data Processing) resources (eg, networks, servers, storage, applications, services) on which the user can access and without major management effort or engagement of the provider quickly to the requirements of can be customized, deployed and enabled customers . In summary, cloud computing can therefore be described as the provision of resources, services, IT infrastructure or complete applications for electronic data processing over a network. The resources are scalable and automatically, dynamically and flexibly adapt to the needs of the customer. NIST definition names the five essential characteristics that describe cloud computing.
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1. On-Demand Self-Service
2. Broadband network access
3. Pooling of resources
4. Rapid elasticity
5. Measurable Service

 

Potential Applications of Cloud Computing in Commercial Projects : Business and Service Models

 

The business models in cloud computing differ based on the offered by cloud providers services. We distinguish between three basic models:

1. IaaS (Infrastructure as a Service)
2. SaaS (Software as a Service)
3. PaaS (Platform as a Service)
4. In addition, there are other variations as the model BPaaS (Business Process as a Service).

However, we will not discussed these three topics within this article :

1. Basics of Cloud Computing
2. Cloud Computing Business Model
3. Cloud Computing Service Models and Deployment

 
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Potential Applications of Cloud Computing in Commercial Projects : Applications

 

The Internet is more and more increasing in importance, both in the private and in the entrepreneurial field. In the age group between 10-44 years, the percentage is even higher than 95%. Consumers have to go to the higher degree of Internet usage compared to earlier times.

This creates a market transparency, which would have been unthinkable a few years ago. For this reason, companies need these days as efficiently as possible to deal with all the available resources in order to use them, especially in the price competition targeted to.
A significant task of strategic management in the commercial is “the existence of the enterprise of new by creating and to secure the development of existing potential for success.” Commercial companies are dependent on a functional and stable IT environment in order to ensure a smooth flow of intra-and extra-company business activities.

To meet these requirements and the resulting potential for success, the use of cloud computing is recommended. This will allow the company offered an innovative way to optimize the information technology architecture of the company and to work permanently on the basis of the latest technologies.

This in turn is an important key to business success. The Different Types of cloud computing offer trading companies excellent opportunities to use one hand tailored to the company IT solutions and to develop, on the other hand, resorting to standard solutions from the cloud.

Which service of cloud computing is to be used here, is dependent on the requirements of the company. This may range from a complete outsourcing of IT hardware within the meaning of IaaS to the integration of individual systems supported business processes within the meaning of BPaaS vary. Trading company must also decide which is to be used cloud architecture. This decision must be made ??as a function of the internal corporate guidelines and requirements for the IT individual. Attention should be paid in particular the rules on data protection, which often represent the most significant obstacle to the use of cloud computing. If the cloud are used exclusively in-house, the private cloud offers such. For cooperation with external companies, the hybrid cloud should be used, since the benefits of the various cloud architectures can be used here.

Risks are already discussed via various articles. One can perform a search with phrases like Cloud Computing Risks for wider search results suitable to own need.

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