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The Effects of Cloud Computing on Enterprises N Terms of Cost and Security

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Concept of cloud computing was started in 2000s. Once this was introduced it has created a new business model and platform for many online business and technologies. To store any kind of data local servers will be used. But in today’s world with internet, the practice of using servers and networks on internet for storing, processing and managing any kind of data online is the concept of cloud computing (Margaret Rouse, 2015). Through this, both its platform and type of applications can be described, cloud computing provides its services in several layers to its users. By using this technology and internet applications can be run based on large data centers and servers. Cloud computing has gone through number of several phases including grid and utility computing (Margaret Rouse, 2015).
Many enterprises have already started to implement cloud computing by knowing the potential of this technology. In 2012 according to IDG reports, (IDG ENTERPRISE MARKETING, 2016) the usage of cloud computing was 12% and by 2014 the number increased to 69% with the humongous change. The main reasons for many of enterprises to adopt to this technology was its cost and the flexibility to run any application faster than by the traditional method.
Few features in could computing and its business functions like data analytics, data and storage management content management, conferencing solutions and collaborations. By 2015, 24% of enterprises used cloud computing for standardizing their IT budgets. Gartner thought and analyzed that cloud computing will become more influential to e business in future (Kim Weins, 2015). Any new technology will always be adopted in business for its own benefits. For cloud computing also provides benefits for any business in this 21st century. (Salesforce, 2015) Cloud Computing gives an opportunity to reduce the business cost by using online factors and

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