CLOUD TECHNOLOGY FOR SMALL BUSINESS – A GAME CHANGER

Abstract

Cloud services characterize all variety of IT capability that is offered by the cloud service hosting to cloud service consumers. Cloud Computing networks access to a shared pool of configurable networks, servers, storage, applications, services, and other computing resources that can be rapidly provisioned and released with least management effort or service provider interaction. In modern era of Information Technology, the accesses to all information related to a business activity in large scale manufacturing units can be made available at threshold, by certain checks and balances. The maximum population of Indian manufacturing not only comes from small and medium scale industry but also such companies contribute maximum share to Indian GDP. Large scale industries and O.E. Ms are in a position to spend as well are spending the required budget on IT (Information Technology) and control various costs and inventories on day–to-day basis by incorporating latest system software ( For example ERP’s ,SAP, Sales Force)etc. The small and medium scale industries lack in using such software because it is of high fixed, operating costs and its privacy. Cloud computing is an emerging technology where server is maintained by parent software company and domains are to be shared. In case parent host company charges reasonably affordable cost and encrypts the confidential data and stores it such that only authenticated users can access the data and ensures the security, safety, and confidentiality of data, it can revolutionize the medium and small-scale industry users in enhancing the overall business performance. This research paper has been aimed at exploring the possibilities for implementing the cloud computing technology for improving the overall business performance for medium and small-scale industries in India.