May 26, 2014

The Pay as you go Delivery System Establishing Opportunities

By Syed Raza

Pay as you go delivery system Cloud computing is a term used to describe a paradigm for delivery of computing services on a pay-as-you-go basis. Users utilize the internet and remote data centers to run applications and store data, thus eliminating the need for in house hardware and software. The cloud technology allows efficient computing […]

Pay as you go delivery system

Cloud computing is a term used to describe a paradigm for delivery of computing services on a pay-as-you-go basis. Users utilize the internet and remote data centers to run applications and store data, thus eliminating the need for in house hardware and software. The cloud technology allows efficient computing by removing most of the upfront cost of establishing an IT infrastructure.

Pay as you go delivery system

Sounds promising! But wait – we are not used to having someone else dictate, manage, and maintain our data as well as infrastructure. For corporations, there may be intrinsic risks, confidentiality issues, data security, and other potential areas of concern. The advantages of using the cloud, however, seems to outweigh all the potential negative components. In today’s economy, the biggest motivation perhaps is the cost savings that a company can enjoy using the cloud, therefore, cloud adoption is growing at an increasing rate each year as more and more corporations realize its potential. For Instance, 2013 future of cloud computing survey conducted by North Bridge Venture Partners reveals that “business driving cloud adoption in everything as a service era”, and that “The survey reveals that business is driving the revolution deriving clear benefits from cloud adoption in the form of continuous innovation and business agility to yield competitive advantage. That growth is consistent with forecasts from GigaOM Research, which expects the total worldwide addressable market for cloud computing to reach $158.8B by 2014, an increase of 126.5 percent from 2011”.

Having said that, it seems like cloud computing, despite its inherent security and data risks, continues to grow at a higher rate. During the last decade, the phenomena of outsourcing businesses processes that may be redundant within an organization is also on the rise. The cloud offers you the best available human resource you require for your business at considerably low cost. Again, cost savings for corporations. In one way or the other, reducing costs play a major role in ascertaining the opportunity cost of adopting cloud computing technologies. Among others, the important factors that drive organization to seamlessly adopt cloud computing technologies are:

  1. Many technologies in Grid Computing and Web 2.0 are mature enough to simply complex processes while maintaining and delivering high performance capabilities over the web.
  2. Physical reduction in hardware such as servers, along with server maintenance and personnel costs.
  3. Electricity, and operational costs
  4. Elasticity, closely related to agility and adaptability, allows corporations the flexibility to select amount and size of data to store in data centers, and allows for dynamic computing power.
  5. Pay-per-use option, making costs variable for organizations
  6. Higher Return on Investment (ROI)
  7. Going Green
  8. Virtualization is one of the core characteristic of cloud computing, and the use of Virtual Machines (VM) and VM Consoles enable enhanced flexibility through routing, aggregation and translation. Additional advantages include, ease of use, infrastructure independency, flexibility
  9. and adaptability, and location independence

The barrier and hurdles that remain in the face of cloud computing are primarily the security and privacy issues associated with it. As rules and regulations become invariably stringent relating to protection of data and developing higher standards of data encryption may mitigate risks, allowing for faster adoption of cloud computing technologies.

By Syed Raza

Syed Raza

Syed is the CEO of ClayDesk which is an emerging leader in Business and Legal Process Outsourcing industry. Syed Raza (PhD) has over 25 years experience as an entrepreneur, technologist, and an attorney.

A.I. is Not All It’s Cracked Up to Be…At Least Not Yet!

Exploring AI’s Potential: The Gap Between Aspiration and Reality Recently Samsung releases its new Galaxy [...]
Read more
Katrina Thompson

Why Zombie APIs are Such an Important Vulnerability

Zombie APIs APIs have a lifecycle, the same as anything else. They are born, they [...]
Read more
Steve Prentice

Get Smarter – The Era of Microlearning 

The Era of Microlearning Becoming employable and then staying employable requires ongoing, up to date [...]
Read more
Jeff DeVerter

Charting the Course: An Interview with Rackspace’s Jeff DeVerter on AI and Cloud Innovation

Rackspace’s Jeff DeVerter on AI & Cloud Innovation In an insightful conversation with CloudTweaks, Jeff [...]
Read more

Azure Free Tier vs. AWS Free Tier: Which Provides More Value?

Cloud computing has become a cornerstone for the digital transformation of businesses. From startups to [...]
Read more

Lambda Cold Starts: What They Are and How to Fix Them

What Are Lambda Cold Starts? Lambda cold starts occur when AWS Lambda has to initialize [...]
Read more

SPONSORS

Interviews and Thought Leadership

Jeremy Smillie

Securing the Future: Insights from DevSecOps Expert, Jeremy Smillie

Welcome to another insightful discussion on CloudTweaks. Today, we have the privilege of delving into the dynamic intersection of DevOps, Security, and Tokenization with a seasoned expert in the field, [...]
Read more
Algirdas Stasiūnaitis

The Future of Cybersecurity: Insights from Cyber Upgrade’s Founders

AI and Cybersecurity: Innovations and Challenges In the rapidly evolving landscape of technology, where artificial intelligence and cybersecurity shape the future of our digital world, CloudTweaks is pleased to present [...]
Read more

Leveraging Artificial Intelligence in Insurance Claims Analytics Software Development

Enhancing Insurance Claims Analysis with AI Technology Nowadays, digital technology affects all aspects of our everyday lives, and the insurance [...]
Read more

5 Azure Cost Management Strategies

What Is Azure Cost Management? Azure cost management refers to the practices and processes that organizations implement to monitor, manage, [...]
Read more

How AI Machine Learning Is Enhancing Customer Experience Across Industries

Elevating Customer Satisfaction: AI’s Impact in Every Sector Recent years have witnessed an incredible transformational leap with regard to Artificial [...]
Read more

SPONSOR PARTNER

Explore top-tier education with exclusive savings on online courses from MIT, Oxford, and Harvard through our e-learning sponsor. Elevate your career with world-class knowledge. Start now!
© 2024 CloudTweaks. All rights reserved.