Master of Business Administration Executive
Faculty / School
Faculty of Business Administration (FBA)
Year of Award
MBA Executive Research Project
Cloud computing is not a new buzzword anymore but rather an evolving IT consumption and delivery mechanism, that has been providing and provisioning a wide variety of computing services server responsibilities.Cloud computing platforms and service models provide substantial benefits to enterprises that are driving rapid adoption, including: Public & Private Cloud, and Hybrid Cloud Computing Services.
Technology has been grown mature and evolved especially for the last decade. We witnessing that most of enterprises in today’s digital world are striving hard to cut their cost through virtualization technologies and that immense urge to reduce the computing cost has led to the inception &innovation of Cloud Computing. Cloud computing offers better computing through improved utilization, enhance business productivity and reduced administrative& infrastructure related costs. Cloud Computing is the blend of Software as a Service (SaaS), Infrastructure as a Service (laaS), and Platform as a Service (PaaS).
Though the growth of the cloud computing has been gaining momentum, the more critical part is the effects of cloud computing in terms of cost & security for driving growth across other sectors. Cloud computing provides an IT environment where technology can be located in accordance with infrastructure and labor efficiencies, rather than being localized and provisioned independently, capitalizing on the economies of scale of network computing like never before. As a result, cloud computing presents a major innovative opportunity to businesses of all sizes, and across all sectors of the economy from SME to Enterprises. This opportunity has opened the door of opportunities for small and medium-sized entities (SMEs) that usually has resource scarcity especially capital to invest on IT infrastructure. With cloud computing, Enterprises can innovate more effectively and grow more quickly, therefore leveling the playing field.
Cloud computing is based on an open standards for software and data interoperability. Open standards are critical for the successful adoption and delivery of cloud computing, which requires an environment where services can be provisioned efficiently and effectively across multiple browsers, and can run on multiple platforms such as desktop PCs, laptops, tablets, and mobile devices. This lead directly to greater choices and lower prices for consumers.
While cloud computing services has been providing great cushion by minimizing cost infrastructure development for enterprises; there was also a dire concerns regarding the security of the infrastructure systems and apps. This happens because of the data to be put on public cloud which might increase vulnerability and confidentiality of the sensitive data. However, major leading cloud computing providers have come up with one of the best cloud computing services
based on international best practices (accredited by international IT standards) which are capable of improving on several key security practices, such as predicting and detecting new threats, providing for quicker remediation, and providing for greater protection against end user breach or corruption, and lost or stolen data.
This research document discussed all the aspects of Cloud Computing in terms of cost & security in realm of real world scenarios and also recommends the best practices.
Haq, F. (2014). Cloud computing effect on enterprises (in terms of cost & security) (Unpublished graduate research project). Institute of Business Administration, Pakistan. Retrieved from https://ir.iba.edu.pk/research-projects-emba/315
Available for download on Tuesday, December 31, 2030
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