EVOLUTION & EFFECT OF CLOUD COMPUTING ON THE INDUSTRY

Abstract

Thoughts are required to keep up with the inevitable pace of transformation. The majority of organizations adopt virtualization to reduce their computing expenditures. The growth of Cloud Computing has evolved from the search for cheaper computing costs. Cloud technology computing improves computer performance by reducing administrative & infrastructural costs while boosting utilization. Cloud technology is divided into two types: SaaS and Utility Computing. Cloud technology & computing is still in its youth, and it is a comparatively recent corporate technology. As a consequence, the vast majority of companies are unwilling to use it. Cloud technology & computing is still in its infancy, and it is a relatively novel knowledge for businesses. Consequently, the majority of commerce are hesitant to implement it. This research study looks at the financial and security implications of this problem for businesses. In this article, I address the cost and security advantages and downsides that a company may face while adopting Cloud Computing. OBJECTIVES OF THE STUDY: 1. To present an overview of Cloud Computing 2. To study the influence of cloud computing technologies on a business. 3. To investigate the factors that promote or dissuade a company from using cloud computing technologies, such as cost and security. METHODOLOGY 1. There are 2 key sources for the investigation: secondary along with primary. The data for this study endeavor is gathered from both sources. One of the fundamental tenets of data gathering is to deplete all secondary data before doing primary research. To create interpretations, the same will be evaluated. 2. Any publications connected to the study subject will be extensively searched in key journals and sessions. 3. In addition, a search for the key terms was conducted in peer-reviewed publications.