Cloud Computing is a technology which helps in eliminating the headaches of storing and managing the data in hard drives or other hardware. It is a shared infrastructure and works like a utility meaning the users are provided with the options of paying only for what they need. The upgrades of technology are automatic and enable easy up and downscaling.This proposal is providing a brief overview of the cloud computing technology and the various impressions and consequences of cloud computing.
They are of opinion that cloud computing may not be successful in long-run as the organizations are required to lose control of their data. The data shared through cloud computing is vulnerable to attacks and security breaches.The organizations adopt this technology for improving their efficiency, but it may also result in shut down of business. The most crucial factor in the success of cloud computing is knowledge.
For the study purpose, the reference of the Commonwealth Bank of Australia will be taken and how it has pioneered the usage of cloud computing services in supporting its customer services and infrastructure will be talked in the later part. Commonwealth Bank is one of the multinational banks that operates in different nations including Australia and uses cloud services for customer services.
The key aims and objectives of the proposal are as follows:
On closing thoughts, it can be stated that there are various organizations that benefit from the scalability, pay-per-use billing and agility of the cloud services.With the advent of cloud computing technology, the companies are able to focus on its core competencies rather than IT or infrastructure matters. Privacy and security are always an essential component of discussions on cloud computing. There are various companies that were shut down as a result of a breach of deletion of data. However, cloud computing has been the biggest success factor for various organizations.
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