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Cloud Computing Economics For Information Technology industry

Cloud Computing Economics For Information Technology industry
Author: Dr.V.V.L.N. Sastry
Publisher: Idea Publishing
Total Pages: 428
Release: 2020-05-20
Genre: Business & Economics
ISBN:
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Cloud Computing, a new prototype of computing infrastructure provision, gives an assurance of fulfilling a dream of optimal utilization of computer utilities for an economical and smooth functioning of businesses. In Cloud Computing, the economic aspect along with cloud offerings is a research topic in itself. This research presents an overview of the economic aspects involved. Cloud architecture brings with it an assurance of a low-cost delivery, speedy implementation, enhanced flexibility and thus has been adopted widely in a very short period of time. Statistics show that there is a possibility of the cloud services market reaching a level of 160 billion dollars by the year 2020. Although cloud computing technology is being widely accepted, the research is still in the beginning stage. This research attempts to bring out the viability of adoption of this technology based on suitability index and uses further, parameters like number of servers, geographical coverage, extent of data to be migrated, size of operations of the companies and the various financial parameters like ROI (Return on Investment), Payback period, NPV (Net Present Value). However there is more in-depth research that requires to go into the details of company business and gaining further insight into cloud adoption. Here, the study encompasses 35 companies with a view to provide different available variations in terms of all the above mentioned parameters in an attempt to aid the decision making regarding adoption of cloud architecture. The research highlights the reasons for the adoption of cloud architecture by different companies from the chosen 35 companies. The researcher is optimistic that this research will definitely prove helpful in taking the correct decision and will help more number of companies to implement the cloud technology and reap the benefits of the same. Keywords: Cloud Computing, Architecture, Suitability, ROI, Adoption of cloud or Migration.

The Economics of Cloud Computing

The Economics of Cloud Computing
Author: Bill Williams
Publisher: Cisco Press
Total Pages: 107
Release: 2012-06-25
Genre: Business & Economics
ISBN: 0132904160
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The Economics of Cloud Computing An Overview for Decision Makers Bill Williams Foreword by George Reese, author of Cloud Application Architectures The decision-maker’s guide to cloud computing: from making the case to managing the transition This concise book delivers the insight and tools you need to make intelligent decisions about cloud computing and effectively manage the transition to this new paradigm. Bill Williams explains how cloud computing platforms are transforming business IT and helps you fully understand the economies of scale and other benefits associated with “the cloud.” Williams defines and explains cloud computing platforms and technologies, analyzes the costs associated with the IT supply chain, and (using industry standard metrics) creates a process for measuring the value of implementing cloud service models. He presents realistic and up-to-date ROI and NPV calculations comparing cloud strategies with conventional investments in owned/leased hardware. Through additional examples, he addresses costs and savings related to software licensing and disaster recovery/high availability, offering even deeper practical insight into the financial impact of cloud computing. Writing for business leaders and “in-the-trenches” managers, Williams outlines the impact of cloud computing on the IT supply chain by contrasting legacy processes and systems with cloud computing implementations. To simplify deployment, Williams presents easy-to-use tables, a decision-maker checklist, and a comprehensive collection of additional resources for further study. · Understand today’s leading cloud service and deployment models · Identify the major characteristics of cloud computing platforms · Use key performance/success indicators to measure IT performance and influence business strategies · Quantify the baseline costs of your current IT value chain · Use TCO, the payback method, ROI, NPV, and other metrics to justify cloud deployments · Calculate the total financial impact of migrating to “the cloud” · Place cloud computing in the historical context of technological revolutions · Recognize the long-term social and global benefits of cheap and ubiquitous computing This volume is in the Network Business Series offered by Cisco Press®. Books in this series provide IT executives, decision makers, and networking professionals with pertinent information about today’s most important technologies and business strategies.

Inventing the Cloud Century

Inventing the Cloud Century
Author: Marcus Oppitz
Publisher: Springer
Total Pages: 624
Release: 2017-08-03
Genre: Computers
ISBN: 3319611615
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This book combines the three dimensions of technology, society and economy to explore the advent of today’s cloud ecosystems as successors to older service ecosystems based on networks. Further, it describes the shifting of services to the cloud as a long-term trend that is still progressing rapidly.The book adopts a comprehensive perspective on the key success factors for the technology – compelling business models and ecosystems including private, public and national organizations. The authors explore the evolution of service ecosystems, describe the similarities and differences, and analyze the way they have created and changed industries. Lastly, based on the current status of cloud computing and related technologies like virtualization, the internet of things, fog computing, big data and analytics, cognitive computing and blockchain, the authors provide a revealing outlook on the possibilities of future technologies, the future of the internet, and the potential impacts on business and society.

The Economics of Cloud Computing

The Economics of Cloud Computing
Author: Bill Williams
Publisher: Cisco Press
Total Pages: 107
Release: 2012
Genre: Business & Economics
ISBN: 1587143062
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This text provides decision makers with the insight and practical tools they need to make intelligent decisions about cloud computing and manage an effective migration to this new paradigm.

Cloudonomics

Cloudonomics
Author: Joe Weinman
Publisher: John Wiley & Sons
Total Pages: 416
Release: 2012-07-05
Genre: Computers
ISBN: 1118282884
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The ultimate guide to assessing and exploiting the customer value and revenue potential of the Cloud A new business model is sweeping the world—the Cloud. And, as with any new technology, there is a great deal of fear, uncertainty, and doubt surrounding cloud computing. Cloudonomics radically upends the conventional wisdom, clearly explains the underlying principles and illustrates through understandable examples how Cloud computing can create compelling value—whether you are a customer, a provider, a strategist, or an investor. Cloudonomics covers everything you need to consider for the delivery of business solutions, opportunities, and customer satisfaction through the Cloud, so you can understand it—and put it to work for your business. Cloudonomics also delivers insight into when to avoid the cloud, and why. Quantifies how customers, users, and cloud providers can collaborate to create win-wins Reveals how to use the Laws of Cloudonomics to define strategy and guide implementation Explains the probable evolution of cloud businesses and ecosystems Demolishes the conventional wisdom on cloud usage, IT spend, community clouds, and the enterprise-provider cloud balance Whether you're ready for it or not, Cloud computing is here to stay. Cloudonomics provides deep insights into the business value of the Cloud for executives, practitioners, and strategists in virtually any industry—not just technology executives but also those in the marketing, operations, economics, venture capital, and financial fields.

Economics of Grids, Clouds, Systems, and Services

Economics of Grids, Clouds, Systems, and Services
Author: Kurt Vanmechelen
Publisher: Springer
Total Pages: 258
Release: 2012-11-28
Genre: Computers
ISBN: 3642351948
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This book constitutes the refereed proceedings of the 9th International Workshop on Economics of Grids, Clouds, Systems, and Services, GECON 2012, held in Berlin, Germany, in November 2012. The 12 revised full papers presented together with 6 work in progress papers were carefully reviewed and selected from more than 36 submissions. The papers are organized in the following topical sections: market mechanisms, pricing and negotiation; resource allocation, scheduling and admission control; work in progress on tools and techniques for cost-efficient service selection; market modeling; trust; cloud computing in education; and work in progress on cloud adoption and business models.

The Economics of Cloud Computing

The Economics of Cloud Computing
Author: Federico Etro
Publisher:
Total Pages: 0
Release: 2012
Genre:
ISBN:
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The paper examines the economic impact of the diffusion of a new technology as cloud computing. This will allow firms to rent computing power and storage from service providers and to pay on demand, with a profound impact on the cost structure of all the industries, turning some of the fixed costs into marginal costs of production. Such a change will have a substantial impact on the incentives to create new business, and through this, on investments and macroeconomic growth, job creation in all industries and job reallocation in the Information and Communications Technology (ICT) sector, and public finance accounts, through the direct impact on the public sector spending and the indirect one on the tax revenues. The paper investigates the consequences of the diffusion of cloud computing on market structures and competition, and tries to disentangle the above-mentioned aspects with a particular focus on a simulation run for the European economy.

Cloud Computing

Cloud Computing
Author: Antonio García Zaballos
Publisher: Inter-American Development Bank
Total Pages: 60
Release: 2018-04-18
Genre: Computers
ISBN:
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Latin America and the Caribbean is well positioned to participate in the digital economy and leverage its opportunities. Cloud computing is an enabling technology, forming the foundation of big data analytics, artificial intelligence, and the Internet of Things, and constituting one of the main pillars of the digital economy. Cloud computing allows government customers to access industry-shaping technology at a speed, cost, and scale previously reserved for the largest companies in the private sector. Governments can essentially do more with less and use newly freed resources—in cost and human capital—to address key challenges they face. In addition to maximizing investments and avoiding additional investments in legacy IT infrastructure, cloud computing enables public sector organizations and government agencies to meet mission-critical objectives and to innovate. Cloud computing represents a unique opportunity for governments in the region to improve productivity and facilitate adoption of the latest technologies and those still to come. By eliminating the upfront costs of IT infrastructure, and having thousands of IT tools and almost unlimited computing capacity available with a pay-as-you-go model, cloud computing also represents a unique opportunity to small and medium enterprises and large corporations to adopt and use state-of-the-art IT solutions. To leverage the benefits of cloud services and new technological developments, governments in Latin America and the Caribbean need to undertake public policy initiatives to develop policy frameworks that quell concerns around data protection, cybersecurity, financial market regulation, and data privacy. This publication provides a specific review on key policies and actions to encourage the adoption of digital infrastructures based on cloud that will empower the global competitiveness of Latin America and the Caribbean.

Cloud Computing one of the success factors for Industry 4.0

Cloud Computing one of the success factors for Industry 4.0
Author: Patrick Haug
Publisher: GRIN Verlag
Total Pages: 33
Release: 2018-02-19
Genre: Business & Economics
ISBN: 3668638837
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Seminar paper from the year 2016 in the subject Business economics - Business Management, Corporate Governance, grade: 1,3, University of Applied Sciences Essen, course: Strategic Management, language: English, abstract: The aim of this term paper is to outline the opportunities and risks connected with the introduction of cloud systems. In addition to the strategic aspect the term paper will evaluate the economic aspect of cloud strategies by examining how to adapt the Total Cost of Ownership (TCO) method to suit cloud services. The first chapters of this paper will present the underlying relationships between Industry 4.0, Internet of Things (IoT), Smart Production and the underlying technology stack behind, followed by an overview of the cloud solutions available as of today. This paper then evaluates the strategic potential of cloud strategies before finally providing a valuation model to deal with the challenge of ascertaining the economic potential of cloud solutions. The first objective of the term paper work is to evaluate the potential of a cloud strategy based on SWOT analysis. The second key question is how to adapt and extend information technology typical commercial valuation models to a cloud strategy based business case.

Cloud Computing

Cloud Computing
Author: Thomas Erl
Publisher: Pearson Education
Total Pages: 533
Release: 2013
Genre: Business & Economics
ISBN: 0133387526
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This book describes cloud computing as a service that is "highly scalable" and operates in "a resilient environment". The authors emphasize architectural layers and models - but also business and security factors.