In: Accounting
The following are the top cloud computing vendors:
1)Amazon Web services,2)Microsoft Azure,3) Google cloud platform, 4) Adobe, 5) VMware, 6) IBM Cloud etc..
There are pros and cons on the usage of Cloud Computing by services of Cloud Vender:
Pros:
1. It helps in maintaining Focus on business operations.
2. Reduce in CAPEX requirement and there by increasing increasing working capital
3. Anywhere and Anytime Access
4. Staffing efficiency
Cons:
1. Downtime may be there.
2. Security concerns: The ease in pricuprocand accessing cloud services can also give Nefarious users the ability to scan, identify and exploit loopholes and vulnerabilities in the system.
3. Vendor Locking: As it is difficult to migrate from one vendor to another.
So, every firm has to analyze in details of Pro and cons, vendors, SLAs and Cost benefit analysis before taking decision.Highly sensitive information not to be maintained on cloud.