New Age Corporate Houses Adopt

The national Institute of Standards and Technology under the department of Commerce defines Cloud Computing as “a model for enabling ubiquitous, convenient, on-demand network access to a shared pool of configurable computing resources (e.g., networks, servers, storage, applications, and services) that can be rapidly provisioned and released with minimal management effort or service provider interaction”. Another definition for cloud computing is a term used to describe a network of computers that deliver information technology

Cloud computing is storing and surveying data and programs over the internet rather than the computer's hard drive. Moreover, the cloud is a personification for the internet. It is linked to flowcharts and presentations that epitomize a huge, server-farm infrastructure of the internet as a puffy, white cumulus cloud, acquiring connections and dispensing information as it floats.

Organizations around the world are increasingly perceiving cloud computing as a set of disruptive technologies that can significantly impact business transformation. As organizations begin to move more functions into the cloud, they recognize that cloud adoption is a complex process that requires a clear understanding of the concept of cloud computing.

According to Wang et al. (2008, p. 3), “A computing cloud is a set of network enabled service, providing scalable, QoS guaranteed , normally personalized inexpensive computing infrastructure on demand, which could be accessed in a simple and pervasive way”.

Cloud computing is a relatively new business model in the computing world. According to the official NIST definition, "cloud computing is a model for enabling ubiquitous, convenient, on-demand network access to a shared pool of configurable computing resources (e.g., networks, servers, storage, applications and services) that can be rapidly provisioned and released with minimal management effort or service provider interaction." The NIST definition lists five essential characteristics of cloud computing: on-demand self-service, broad network access, resource pooling, rapid elasticity or expansion, and measured service. It also lists three "service models" (software, platform and infrastructure), and four "deployment models" (private, community, public and hybrid) that together categorize ways to deliver cloud services. The definition is intended to serve as a means for broad comparisons of cloud services and deployment strategies, and to provide a baseline for discussion from what is cloud computing to how to best use cloud computing.[1]

Cloud computing refers to an internet based computing technology where shared servers provide infrastructure, software and various other resource to customers on a “pay-as-use” basis. Cloud users need not know how the resources are managed. Hence they can concentrate on the business functionality of the service rather than the underlying functionality involved in the management of the resources. These customers do not own the physical infrastructure, but rent these resources from a third-party agency. This concept is widely utilised by the industry, government and in the educational sector due to the ability to provide robust, resilient and scalable computing power. The resources are provisioned to the user based on determining the required computing resources by the customer.

The cloud aims to cut costs, and help the users focus on their core business instead of being impeded by IT obstacles Cloud computing is so named because the information being accessed is found in the "clouds", and does not require a user to be in a specific place to gain access to it. The services are offered from data centres all over the world, which collectively are referred to as the "cloud." The idea of the "cloud" is to simplify the huge network connections and computer systems involved in online services. Cloud computing is a computing model, not a technology. In this model of computing, all the servers, networks, applications and other elements related to data centres are made available to IT and end users. Cloud computing is a type of computing that is comparable to grid computing. It relies on sharing computing resources rather than having local servers or personal devices to handle applications.

Cloud computing, in its most basic form, is “using computer services [such as computer and data storage, management and processing] that are delivered over a network” (Kim & Solomon, 2013, p. 189). For example, an organization may require a great deal of storage for their data but may not want to purchase the servers, the physical space for the servers, or the personnel to manage the infrastructure. Instead, they take advantage of the many cloud computing options and outsource their needs, hiring someone to do everything off-site usually with the goal of reducing their overall cost of ownership. As defined by the National Institute of Standards and Technology (NIST), cloud computing has five essential characteristics, three service models, and four deployment models (Mell & Grance, 2011) which will be covered, briefly, in the next few sections.

Cloud computing can be defined as a model for enabling pervasive, convenient, on-demand network access provided to users to provide a shared pool of configurable computing resources. Networks, Storage, services, and applications make a part of these network sources. (Mell & Grance, 2011). In general terms, cloud computing can be stated as the process by which the users with the help of a web browser over the internet can remotely access data and program applications. A few characteristics of cloud computing are:

Cloud computing is Internet-based computing, whereby shared information, resources, and software, are provided to terminals and portable devices on-demand. It is a rapidly developing and excellent promising technology. Cloud computing is the product of the combination of grid computing, distributed computing, parallel computing, and ubiquitous computing. Cloud Computing model has enabled IT organizations to serve the users globally. It gives the services like Platform as a Service, Software as a Service and Infrastructure as a Service without users being much aware of the details in which the services are provided.

The impact of cloud computing can be realized with the mitigation of having to acquire and maintain knowledge about the support of core business competencies such as computer maintenance, data warehousing, customer interfaces, etc., which leads to less capital investment. For example, no longer will an entity need to have in-depth knowledge of server maintenance or hiring of competent employees to support the business since the entity can use a cloud service provider. The cost would be cheaper due to the cloud service provider’s economies of scales, in addition to providing security, availability, and innovation. Cloud computing has taken many of the traditional supporting costs and either made it easier to maintain or cost less. In the next section, we will be discussing the ways in which cloud computing features can impact entities.

The largest Buzzword in emerging trends for the computer world is “Cloud”. Cloud computing in the future for data, services and platform. The concept of cloud computing is to make whatever aspect it is being used in available at all times and to act as a resource. Turning computing into a utility will transform how the IT industry uses services, designs hardware and uses network infrastructures. The term “Cloud” however has many meanings, but understanding what exactly is meant by cloud computing is the first step to

Cloud computing is a model for allowing convenient on-demand access from anywhere to a shared pool of computing resources. These can include servers’ storage, networking, applications, and services that can be rapidly and easily provisioned and released.

The explanation of “cloud computing” from the National Institute of Standards and Technology (NIST) [2] is that cloud computing enables omnipresent, convenient, on-demand network access to a shared pool of configurable computing resources (e.g., networks, servers, storage, applications, and services) that can be rapidly provisioned and released with minimal management effort or service provider interaction. According to the explanation, cloud computing

scheduling bandwidth, storage and compute resources on the fly without required end-user knowledge of physical location and system configuration that delivers the service. , Cloud computing is a model for enabling convenient, on demand network access to a shared pool of configurable computing resources