Question

In: Accounting

What are the names of some current cloud computing vendors? Do you think that all firms...


What are the names of some current cloud computing vendors? Do you think that all firms should use cloud vendors, or are there some reasons why they should be avoided?

Solutions

Expert Solution

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.


Related Solutions

What are the names of some current cloud computing vendors? Do you think that all firms...
What are the names of some current cloud computing vendors? Do you think that all firms should use cloud vendors, or are there some reasons why they should be avoided?
1-What are the drawbacks of cloud computing? Do you think they outweigh the benefits and why?...
1-What are the drawbacks of cloud computing? Do you think they outweigh the benefits and why? 2-What is scalability and do you think it is essential to business success? Why?
What is cloud computing? What is Amazon's general approach to the cloud computing services it provides?
What is cloud computing? What is Amazon's general approach to the cloud computing services it provides?
What are some of the advantages of the cloud-computing feature of integrated accounting software? What are...
What are some of the advantages of the cloud-computing feature of integrated accounting software? What are some of the disadvantages of a hosted solution?
7. What are some potential opportunities you might recognise associated with introducing cloud computing?
7. What are some potential opportunities you might recognise associated with introducing cloud computing?
What are the benefits of cloud computing? What is a business continuity plan? Why do organizations...
What are the benefits of cloud computing? What is a business continuity plan? Why do organizations implement a disaster recovery plan before testing it?
Do you use virtualization and/or cloud computing at home or at work? If so, how? Which...
Do you use virtualization and/or cloud computing at home or at work? If so, how? Which applications do you use? Do you like them/hate them? Do you have any recommendations for us? If you have limited experience working with cloud computing/virtualization, do some research on different services available. Which do you think you might consider using in the future?
Some authors make the assertion that there are no new security issues with cloud computing at...
Some authors make the assertion that there are no new security issues with cloud computing at a network-, host-, or application-level. They maintain that cloud computing may exacerbate existing issues, but that cloud computing does not present new security issues. Do you agree with that assertion? Explain security issues with cloud computing. Include how they differ from privacy issues. How are organizations and CSPs overcoming those issue? Use examples and references to support your answer. Provide at least one reference...
Cloud Computing In your chapter 5 reading assignment, you will learn all about the components of...
Cloud Computing In your chapter 5 reading assignment, you will learn all about the components of a traditional information technology infrastructure. This includes all the equipment, beyond your desktop or laptop computer, which allows you to communicate and share information with others. Some of this equipment includes cables, servers, network devices, telecommunications lines, data storage systems, and other devices. Many of these components are usually found behind the scenes in a data center. There has been a developing trend in...
If you were manager, what are some challenges you anticipate in computing the WACC? Do you...
If you were manager, what are some challenges you anticipate in computing the WACC? Do you agree or disagree with the following statement: Using an inaccurate WACC could totally offset the capital budgeting decision. Please explain.
ADVERTISEMENT
ADVERTISEMENT
ADVERTISEMENT