Benefits And Drawbacks Of Cloud Computing To Enhance Business Sector – An Overview

Types of Cloud Offerings

Discuss about the Heterogeneity in Mobile Cloud Computing.

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The concept of cloud computing can be considered as one of the most advanced forms of technology which can be very much beneficial for any organisation. It can be stated here that the organisation, which is taken into consideration GBI, can implement the various form of technology by which they can enhance the business sector (Tao et al., 2014).

The main aim of the report is to provide an overview including the advantage and the disadvantage of the technological aspects, which can be included in the business sector. The main point of emphasis is the adaptation of the technology and how it can be used to gain advantage from them.

There are three types of cloud based offering which is mainly the concept of private cloud, public cloud and hybrid cloud. The classes are described in details below:

  • Public cloud: The public cloud can be considered as a primary form of the internet. Services providers make use of the internet to provide services for an example application (software as a service) and storage. These concepts are available to the public or on a public cloud (Yan et al., 2018). Taking into consideration the users these type of cloud will provide the best means of economies of scale and can be considered to be very much inexpensive due to the factor that the service providers cover the cost which is related to the application, hardware and bandwidth.
  • Private cloud: private cloud can be considered as datacenter, which is owned by only organisations that provide the direct farcicality of scalability, flexibility, automation and monitoring. The concept of private cloud can be expensive with the aspect of the modest economies of scale. The private cloud can sometimes be a bad option for the medium-scaled organisation and is usually put into use by the large enterprises. Private cloud is driven by the concept around the compliance and the security keeping the assets within the firewall.
  • Hybrid cloud: The concept of the hybrid cloud makes the organisation use the idea of the private cloud relying on the idea of the public cloud (Rittinghouse & Ransome, 2016). The main advantage, which can be achieved from the concept, is that during the peak season a particular application or a portion of the form can be directly migrated to the concept of the public cloud. The approach can also be beneficial during the period of predictable outages such as schedule, hurricane warning, scheduled maintenance of the windows and rolling blackouts and brown.

Some of the benefits of using Cloud based ERP system are stated below:

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  • Fewer resources required: the central aspect of the cloud based ERP system is that there is no need for additional capital outlay for the hardware networking. This is due to the factor that the users are buying subscription form the SaaS providers the lack of purchasing a new server would be reduced. The other concepts which do not have to be taken care of are the troubleshooting and the aspect of managing the software and the hardware which are associated with the ERP system
  • Scalability: one of the significant benefits of the concept is the cloud subscription. It can be stated that it is very much easy to scale the requirement according to the need. In significant cases, if the organisation needs tremendous expansion, it can be facilitated by the increase in the size of the license. On the other hand, the reverse can also be done within the concept that is minimising the resources.
  • Enhanced security: ones the people had a concern about the data and the protection which is applied to the data and who has the control over the data. Then the concept of the cloud ERP came in the scenario, which provided enhanced security of the data.
  • Support: Since the service providers of the ERP owns the aspect of the hardware and the software, they often provide around with the cloud service without any interruption included in the process. Taking into consideration on-premises hosting the customers sometimes have to buy support packages, but in the case of ERP system, it is contained within the container with the aspect of the software upgrades (Almorsy, Grundy & Müller, 2016).

Some of the disadvantages of using Cloud based ERP system are stated below:

  • Limited product suites: most of the offering, which is done form the ERP cloud vendors are focused on a particular application such as the HCM and the Financial aspect. There are very few of the service providers, which offers single suite product to meet the overall requirement of the customers. This aspect can lead to increase in the cost.
  • Limited customisation: taking into consideration most of the recent releases the cloud products are becoming more and more advanced. This directly impacts the concept of functionality that can be used for the payment of the customization and is now being offered as a standard. However, the fact of the high implementing customization remains one of the biggest problem relating to the concept.
  • Consideration of cost: it can be stated that the overall cost of the solution is very much cost effective, but on the other hand the factor of cost related to the long-term license and support is very much high. When considering the aspect of moving to the concept of the cloud the thought of value in the initial stages would not match when taking into consideration the solution in the long run (Rittinghouse & Ransome, 2016).

The pricing model of a cloud-based system is explained below with the help of tables:

Pricing model

Pricing approach

Fairness

Pros

Cons

Implementation

Subscription

The price is based on the period of subscription

The customer may sometimes overpay or overuse

If the usage of the resources are extensively the customer may have to pay extra

Customers have to pay more if he does not use them extensively

Commonly implemented

Pay-as-you-go model

The pricing is set by the service providers and is fixed

Unfair for the customer because he might more for the services he has not received

The customer is aware of the price he is to pay.

Service providers may store the resources of the services the customer does not want to use

Commonly implemented

Novel finance economic model

Usage-based (dynamic)

Fair for both the service providers and the customers

Helps the service provider to recover the initial price

Does not take into consideration of the maintenance cost

Commonly used.

Pay-for –resources model

Cost based (static)

Fair for both the customers and the service providers

Offer maximum utilisation of the resources

Difficult to implement

Commonly implemented

Value-based pricing

Prices are set according to the amount which is used by the customers

Fair to the producers as the price is set according to the value

High revenue on each item, which is sold.

Difficult to obtain and interpret data

Implemented.

            The cloud-based technology can be considered as a forerunner to the concept of the blockchain and both the sectors of designers and developers are delivering him innovation in the area. The key benefits, which can be achieved by the blockchain on the cloud-based system, are stated below:

  • The concept of blockchain and cloud have the security system protection aspect, which allows the data to be fully encrypted. The encryption process does not let any authorised user get the access to the data.
  • Both the concept of the blockchain and cloud computing are resistant to the cybercrime. The security aspect is achieved in the blockchain by the peer to peer model while in the concept of cloud it is protected by an adequate solution that is continuously creating risk-free
  • Both the aspect of blockchain and cloud are considered as a concept, which is reducing, the price. Blockchain like the cloud helps in avoiding the design potential of the inefficacy of the different process it can be related to (Rittinghouse & Ransome, 2016).

On-premises can be considered as a software and a technology that is located within the physical outlines of an enterprise often in the concept of the companies data centre – as opposed to the running remotely on the servers which are hosted or in the idea of the cloud.

They are much difference between a cloud solution and an on-premises solution. Most of the most prominent example of the approach is how the approach to each of the concepts are made. The on-premise solution can be considered to be those aspects which are installed on the user’s computer. Cloud solution, on the other hand, is accessible through the internet that is typically hosted by a third-party vendor. The second most significant difference is the concept if the pay as a go concept or it can be stated as on-demand usage model (cloud) versus the traditional upfront capital expenditures (on premises). For accounting, counting on the concept of on-demand usage as a “utility” versus a significant capital expenditure can be very much beneficial. Sometimes it can be considered as one of the most indicating aspects of using the concept of cloud computing – low cost and low entry point (Avram, 2014).

A third party application which is becoming popular in recent years is the hybrid solution like the Microsoft Azure stack which directly enables the enterprise to run some of the workload and the application on premises while utilising the cloud for the other workloads.

Benefits and Drawbacks of Cloud Computing

The on a perm or the on-premise, on-premises software/system is more a traditional method for the working with the enterprise software and tropically requires a license of the software for each of the servers and or end user that will be directly working with the software (Yan et al., 2018).

On the other hand, the concept of cloud can be stated that the spectrum, which are, hosted service for the managing of the data and the public cloud solutions. This is where the third parties are responsible for the concept of securing and managing the infrastructure that houses the data, which are stored on the server. This software as a service and cloud computing alternatives to an on-premises software is considered frequently considered for their potential cost-saving aspect which results from the reduction of the expenses which are related to the staffing, maintenance, power consumption and security.

The primary recommendation which would be suiting the demand of the GBI is the concept of the cloud computing. The main reason for the selection of the solution of the cloud computing is due to the factor that the underlying implementation of the concept can be very much expensive. In a later stage when the business orientation changes it could be enhanced with a minimum charge included in the idea.

The main advantage of the in-house database development are stated below:

  • Control of the database: since the entire concept of the database is created in the house it can be very much better controlled and the maintained by the organisation. The necessary modification can be performed quite easily and quickly.
  • Proprietary knowledge: materials about the intellectual properties, research and development, copyright, financial figure and other essential data stays within the structure of the organisation so that no third party can have control over the data.
  • Staff allocation: The staff allocation in the company can also be modified using distribution for the database of the related website projects as well as current hardware and the software of the organisation. If the organisation have a limited amount of resources allocation of the project to a new project might be a big problem for the organisation (Avram, 2014).

The main disadvantage of the in-house database development are stated below:

  • Expertise: the need of the person who is fully aware of the concept of the database may not be available inside the framework of the organisation.
  • Extra work: developing of the database related to the website can create an additional amount of work for the in-house department. This can lead to involvement of the database which would be requiring experienced developers who would be taking the overall charge of the aspect.
  • No advice: The advice from the vendors would not be available who has direct experience in the field, and the guide would not be possible (Sanaei et al., 2014).

One of the in-house memory system, which is very much familiar, is the MongoDB. In the concept of the MongoDB the data is not stored on the disk. This concept can be very much advantageous for the applications such as write massive cache in front of a slower relational database management system (Yan et al., 2018). There are many advantages, which can be achieved from the concept of MongoDB, which are stated below:

  • Secure: Network isolation, authentication, encryption and the access, which is a role, based control to keep the data secured. MongoDB atlas can be considered to the independently audited and confirmed to access the compliance and the [privacy of the standard.
  • Availability: The concept of MongoDB is available over 50 cloud regions on AWS, GCP and Azure.
  • Live migration: The concept of live movement relating to the data into the MongoDB with the impact, which is minimal to the user’s
  • Customizable and comprehensive alerts: dashboard optimisation, which is highlighted. View the performance of the real time; dig into the details very quickly.

The decision of which database to choose, the correct choice would be on the type of storage and the place of storing the data. There are three groups which are RAM, hard disk drives and solid-state drives. Both the in-house database and the standard database can work with all the three types. An in-house database system can store the copy of the data in the RAM and persists this data to a Solid state drive and hard disk drive. A standard database uses the RAM for caches, other optimisation and writes back buffer (Hashem et al., 2015).

Pricing Model of Cloud-Based Systems

The primary recommendation for the GBI would be to proceed with an in-house database system this is due to the factor the data would be in possession of the organisation. This would be beneficial in the way of providing security of the data so that intruders cannot indulge in the data. This would directly enhance the safety of the data of the organisation.

The primary recommendation relating to the implementation of the organisation would be the use of the Global ERP template. The options, which would be available with the application, are stated below:

Option 1: single business management system: the organisation needs to move out of the concept of the silos of the system and the data. Especially considering the vast difference on the culture and the geography and operate with the best processes and people working together across different locations. The Global adaptation would be allowing the business to break down the difference, which is related to the exposure to global aspects.

Option 2: adoption of best practices: A global ERP can open the option for the organisation to optimise the standardise the processes of the business. The concept is implemented with the encouragement of the adaptation of the best practices throughout the organisation. Global adaptation best practices also support the idea of cost-effective expansions, which would be enabling the organisation to use template, companywide standards and best practices.

Option 3: Reduction of operation cost: the organisation can directly reduce the aspect of the reduction of the price, which is related to the operating system and processes which are related to the operating system. This can help the organisation to focus more on the aspects of innovation, which can be helpful in the sector of growth compared to the organisation.

Option 4: Reduction of labour: In the process of achieving the concept of automation, the labour aspect can be reduced. The automation of the system would be helpful in minimising the risk factors also due to the automatic execution of the data. In most of the cases, the shortage of the labour or it can be stated as a shortage of experienced work can involve various sort of problem attached to it.

Option 5: Internal operation enhancement: The internal operation enhancement can directly affect the overall working of the organisation. It can be stated here that the inside job of the organisation can be considered as one of the most sectors, which should be taken care.

Comparison between Cloud Computing and On-Premises Systems

The primary recommendation for the GBI would be the Global ERP template. The main reason for the selection of the process due to the factor that the implementation of the concept would be providing financial result in the sector of the management, which can be a significant advantage for the organisation. The Global ERP solution would be offering high visibility to the individual global goal of the entities and the ability to view the enterprise with multiple factors of currencies and various locations. This positions the organisation to quickly grow and expand as the market dictates (Hashem et al., 2015). The central aspect, which should be taken into consideration, is the gaining of the competitive advantage in the different sectors of the working. The implementation of the Global ERP template would be helping to alter the internal as well as an external job within the organisation. The central aspect, which can be stated here, is that the infrastructure of the organisation would not be changed and on the other hand, the system can be implemented over the existing system (Sanaei et al., 2014). In most of the cases, it can be seen that the infrastructure, which exists within the organisation, has to be modified and this lead to a problem in different sectors, but in the case of Global ERP template, this would not be a problem. The adaptation of the concept should be done in a way to improve the functionality of the organisation and regain the formation of the system. The global ERP template can be an advantage in the form of restoring the sector of the marketplace due to the extensive functionality which would be involved in the process (Karimi & Walter, 2015).

The concept of the digital disruption can be considered as another side of the digital opportunity. Most of the organisation indulge into the idea to gain the advantage in the sector of the fight to dislodge the incumbents, protects entrenched positions or re-invent the entire industry and the activities of the business (Yan et al., 2018).

The intelligent agent solution can be used to interact with the users learn their behaviour and directly understand their needs and even on the other hand make a decision on their behalf. The prototypes in this concept are the Amazon’s Alexa, Microsoft Cortina, Google Now and the Google home the landscape of the technology is increasing very much rapidly in most of the cases with the involvement of the Chabot’s, robotics process and other digital assistants.

In-House Database Development: Benefits and Disadvantages

Augment reality overlays the concept of the digital information and the experience which is related to the world while virtual reality (VR) creates a new interactive digital environment. The augmented reality has the direct potential to radically change the experience of the customer, and the way employee performs their daily duty. The Virtual reality will be affecting the life of the people shortly more. The example of the augmented reality can be seen in the concept of Lowe’s introduction in-store navigation using the augmented reality.

Software’s and interfaces that allows the devices to simultaneously translate and leverage between two or more different wireless providers, frequency bands and protocols such as radio, light, Wi-Fi, cellular and big fox. Connecting everything with the new communication infrastructure coupled with the analytics of the advanced cellular division. The current case study, which can be included in this aspect, is the Comcast unveils Xfinity mobile (Hashem et al., 2015).

The primary sector the advantage are stated below:

  • Marketing: marketing can be considered one of the most advantageous industries, which is related to the communication era. This concept can be easily achieved in the idea of the digital disruption. The digital disruption has opened a brand new era of possibilities. It creates a sector of new opportunities and beyond which the overall working of the organisation can be altered (Sanaei et al., 2014)
  • Mobile device: most of the revolution in the sector of the digital disruption has come from the industry of the mobility. Sometimes back people needed a computer to access the internet. Therefore, the activity, which is related to the email and other services, were very much restricted. The digital disruption concept has helped to overall indulge in the idea so that the people can be advanced.

The primary sector the disadvantage are stated below:

  • Journalism: the concept of writing can be considered as one of the most challenging areas, which are related to the digital disruption. There is no way by which people spread the news with rumours. When a rumour fills in a communication channel, it is up to the journalists to get the real information into the scene.
  • Role of government: the part, which is played by the government, is very much unclear relating to the sector of digital disruption. There have been different sets of rules according to which the industry of the governance of the internet is not lost.
  • People: The people play an active role in this sector. The need of the people is continuously changing as a growth of the different facility they want to achieve.

Digital disruption performance: the performance of the organisation can be improved with the functionality of the concept of the cloud computing. This is due to the factor that it would be eventually helping the organisation to be more digitalised, which would be enhancing the services of the organisation

Competitive differentiation: the competitive differentiation aspect can be achieved using innovation sector of the organisation. In this case, the GBI should be focusing more on the requirement of the people so that the interaction between the people is made more, which would be helping them to build a better foundation.

Growth in the future: the growth of the future depends upon the initiatives, which are taken in recent times. In most of the cases, the sector of advancement is reliable on the infrastructure of the organisation.

The GBI is considered one of the most famous organisations, which are related to the service, which is related to the professional, and cyclist for the touring and off-road racing. In the recent times, it can be seen that if the technology is added to the sector of the business, it can be very much beneficial for the company. This is due to the factor that it would be directly helping the organisation to interact with more people, which would be directly enhancing the sector of the business (Karimi & Walter, 2015).

Conclusion

The report can be concluded on a note that the organisation, which is taken into consideration in GBI, can implement the different forms of technology. The central aspect, which should be playing a role in the sector, is the implementation and the adaptation of the technology in the way of advancing to the area of market enhancement. Here are different sorts of options which are stated in the report which would be directly helping the organisation to excel in the business sector.

References

Almorsy, M., Grundy, J., & Müller, I. (2016). An analysis of the cloud computing security problem. arXiv preprint arXiv:1609.01107.

Avram, M. G. (2014). Advantages and challenges of adopting cloud computing from an enterprise perspective. Procedia Technology, 12, 529-534.

Botta, A., De Donato, W., Persico, V., & Pescapé, A. (2016). Integration of cloud computing and internet of things: a survey. Future Generation Computer Systems, 56, 684-700.

Gai, K., Qiu, M., Zhao, H., Tao, L., & Zong, Z. (2016). Dynamic energy-aware cloudlet-based mobile cloud computing model for green computing. Journal of Network and Computer Applications, 59, 46-54.

Hashem, I. A. T., Yaqoob, I., Anuar, N. B., Mokhtar, S., Gani, A., & Khan, S. U. (2015). The rise of “big data” on cloud computing: Review and open research issues. Information Systems, 47, 98-115.

Herrmann, M., Boehme, P., Mondritzki, T., Ehlers, J. P., Kavadias, S., & Truebel, H. (2018). Digital transformation of the health care sector: what kind of disruption is underway?.

Karimi, J., & Walter, Z. (2015). The role of dynamic capabilities in responding to digital disruption: A factor-based study of the newspaper industry. Journal of Management Information Systems, 32(1), 39-81.

Krishnan, Y. N., Bhagwat, C. N., & Utpat, A. P. (2015, February). Fog computing—Network based cloud computing. In Electronics and Communication Systems (ICECS), 2015 2nd International Conference on (pp. 250-251). IEEE.

Myruski, S., Gulyayeva, O., Birk, S., Pérez?Edgar, K., Buss, K. A., & Dennis?Tiwary, T. A. (2017). Digital disruption? Maternal mobile device use is related to infant social?emotional functioning. Developmental science.

Rittinghouse, J. W., & Ransome, J. F. (2016). Cloud computing: implementation, management, and security. CRC press.

Sanaei, Z., Abolfazli, S., Gani, A., & Buyya, R. (2014). Heterogeneity in mobile cloud computing: taxonomy and open challenges. IEEE Communications Surveys & Tutorials, 16(1), 369-392.

Tao, F., Cheng, Y., Da Xu, L., Zhang, L., & Li, B. H. (2014). CCIoT-CMfg: cloud computing and internet of things-based cloud manufacturing service system. IEEE Transactions on Industrial Informatics, 10(2), 1435-1442.

Yan, Q., Yu, F. R., Gong, Q., & Li, J. (2016). Software-defined networking (SDN) and distributed denial of service (DDoS) attacks in cloud computing environments: A survey, some research issues, and challenges. IEEE Communications Surveys & Tutorials, 18(1), 602-622.

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