Question

Explain why cloud computing is likely to revolutionize the way firms acquire and use information technology resources.

Answer 1

Cloud computing is an internet based technology that facilitates different types of IT services to its users. Since cloud computing makes data access to be fast, secure and minimal maintenance, it has a revolutionary impact upon the firms who want a service package that is efficient and cost effective as well. Further, the maintenance of the IT infrastructure as well as its security and maintenance is the responsibility of the cloud service provider, then it reduces the additional burden what the firms had to take when they maintained their own IT framework. The next revolutionary impact is the ease of access of the resource from anywhere in the world using the internet. Since, cloud computing gives localization effect, it gives the fast and accurate services to the user. Besides, the technology is based upon the subscription or number of users, then cost varies with the volume of usage. Hence, it is suitable for the smaller organizations also who cannot afford the high cost of stand-alone software or security framework. Data is also secured when cloud technology is used. Therefore, in different ways, firms can use the IT resources without fear of high costs or theft of the data.