Analysis of Digital Transformations | IoT and Cloud computing

Running head: ANALYSIS OF DIGITAL TRANSFORMATIONS
ANALYSIS OF DIGITAL TRANSFORMATIONS
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Introduction to the emerging digital transformations
Two of the emerging technologies that are considered in this context are IoT and Cloud
computing.
IoT:
The internet of things refers to network of devices where these devices are connected to
internet and provide context to communicate with these devices through internet. Some of the
most popular devices that are part of IoT network are security sensors, surveillance cameras,
smartphones, wearable devices for example smartwatches, and along with these devices even
household appliances for example washing machines, refrigerators are included as well.
However, it is important to identify that nay devices that are capable of communicating and
transferring data over the network even if there is no direct human interaction, then those
devices are also included in IoT network as well.
Cloud computing:
Cloud computing is to deliver computing services through internet. These computing services
include servers, storage, databases, networking, software, analytics, and intelligence as well.
This is a revolutionary invention which has made computing advanced and affordable. In
cloud computing organizations do not need to invest in expensive hardware, servers, and
storage as these services are provided by cloud service provider. Therefore, advanced
computing is being provided to organizations including SMES as well.
These services are classified into three main categories for example software as a service or
SaaS, platform as a service or PaaS and infrastructure as a service or IaaS. In these services,
different strategies are considered for providing cloud services as well. In SaaS, only access
to software are provided where data of these software is stored in cloud provided by the cloud
service provider. In PaaS, platform is provided for designing and deploying application in

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cloud for ensuing easy access to these applications anytime and from anywhere according to
the requirements. However, in IaaS, infrastructure is provided that is required for designing
and deploying applications in cloud for enhanced access to these applications as well.
Explanation of the differences with respect to IoT and Cloud Computing for business
services
IoT and cloud are two important technologies that are revolutionizing business and providing
context to different business organizations to design innovative solutions for enhancing
business process as well.
In order to identify how applications of these technologies differs, it is important to analyse
how these technologies works.
This disruptive technology is empowering consumers as it has ensured greater control for
consumers of their household systems and appliances while providing data to organizations
which has provided them context to obtain greater insight regarding critical areas of business
interest and helping them in designing innovative products, solutions while providing them
new business opportunities as well.
IoT will impact various industries and business. It includes manufacturing, logistics and
healthcare as well. Application of IoT in business context is becoming significantly popular
for its effectiveness in enhancing business process. According to a report of Gartner, there are
already 3.1. billion IoT devices as of now and this number is estimated to become 7.6 billion
by 2020.
IoT is playing an important role in revolutionizing business. According to a Forbes report that
analyses impact of IoT on business. It analyses few areas where the application of IoT is
becoming popular.