Cloud Computing Benefits for Business Operations: Cost, Accessibility, and Flexibility

Running head: CLOUD COMPUTATION IN BUSINESS OPPERATIONS
CLOUD COMPUTATION IN BUSINESS OPPERATIONS
Name of the Student
Name of the University
Author note

1CLOUD COMPUTATION IN BUSINESS OPPERATION
Table of Contents
Answer to question1...................................................................................................................2
Answer to question2...................................................................................................................4
Answer to question 3..................................................................................................................5
Answer to question4...................................................................................................................5
Answer to question5...................................................................................................................6
Answer to question 6..................................................................................................................7
Answer to question 7..................................................................................................................8
Answer to question 8..................................................................................................................9
Answer to question 9................................................................................................................10
Answer to question 10..............................................................................................................12
Answer to question 11..............................................................................................................13
Answer to question 12..............................................................................................................14
Answer to question 13..............................................................................................................14
Answer to question 14..............................................................................................................16
Answer to question15...............................................................................................................16
Answer to question16...............................................................................................................17
Answer to question17...............................................................................................................17
Answer to question 18..............................................................................................................18
Reference list............................................................................................................................19

2CLOUD COMPUTATION IN BUSINESS OPPERATION
Answer to question1
Benefits of cloud computing
1. Low cost
In cloud, computing there is no need of hardware so it reduces the cost of
maintenance of hardware (Etro 2015).
2. Accessibility at any time
Most of the cloud providers are available in 24 hours and 7 days. The organisation can
use the data at any time (Yang et al 2017).
3. Flexible usage
Cloud computing gives the flexibility of usage, for example, it is possible to turn off
or turn on the system at any time and in any situation as the user wants.
4. Functionality
The cloud computing offers the benefit of working from any place in the world, as
long as the user has the internet connection. Even the user can work through a mobile.
5. Automatic update in software
The server supplies regular update in the software of cloud computing for that the user
does not have to regret for loss of time in updating the system.
6. Environment friendly
Cloud computation gives the benefit of avoiding the use of papers and thus
encourages the organisations to keep the environment green.

3CLOUD COMPUTATION IN BUSINESS OPPERATION
7. Control of documents
Before the concept of cloud computation come into existence, organisation used to
keep different files for keeping different documents at various places. The cloud computing
system has enabled the organisations to keep a centralised process of keeping all the
documents (Gargees et al 2017).
8. Easy management
Cloud computation process is very simple and easily manageable for the centralised
system of managing all the documents .the basic user interface is made in such a way that
anyone can use the system without facing any problem or issues (Wang Gao and Fan 2015).
Opportunities of cloud computation
1. Innovation
The cloud computation system brings innovation in the accounting system of the
organisation. The implementation of artificial intelligence has made it possible to bring
innovation in keeping all the documents in one centralised system.
2. Customised computing system
The cloud computation has made it possible to customise the computing system of the
organisation, which enables the organisation to keep all the financial data as per its own
requirement.
3. User friendly
The cloud computation has made complex accounting system easy and simple to use.
Thus, it gives the opportunity to work with more comfort.

4CLOUD COMPUTATION IN BUSINESS OPPERATION
4. Availability
The major opportunities that cloud computing system provide that it is possible to
avail data at any time during a day. Therefore, the opportunity of using data, as per
requirement of the organisation, can be availed by using cloud computation system.
Answer to question2
Risk associated with cloud computing method
1. Privacy of data
The biggest risk associated with the cloud computation system is the privacy of data,
while uploading some confidential data in the system some part of the end users security and
privacy is transferred to the vendor of the cloud computation system (Ali Soar and Yong
2016).
2. Cyber crime
Cybercrime has become a major threat for the users of cloud computation system.
Any information stored in the internet has the risk of being hacked by the cyber attackers.
3. Lack of expertise
In the modern days, more organisations are showing their interest for the cloud
computation system however, they find difficulties in implementing the tools of cloud
computation due to the non-availability of experts in this area.
4. Software cost

5CLOUD COMPUTATION IN BUSINESS OPPERATION
Cloud computation may help to reduce the cost of hardware maintenance but it
require extra cost for software installation .the bandwidth cost that the organisation has to pay
to get access of their workloads is high in comparison to other software’s.
Answer to question 3
The importance of conducting a cost analysis before implementing the cloud computing
Before implementation of any system in the organisation, it is required to estimate the
cost required to maintain that system. The reason of the popularity of the cloud computation
is the cost benefits that it provides to the organisation. So it is very essential to make an cost
analysis of all the relevant layers of cost that are associated with the implementation of cloud
computation from which it will be possible for the organisation to make an assessment of the
cost benefit that the cloud computation system can bring in to the organisation.
Answer to question4
Types of cost associated with cloud computing
There are several type of cost are associated with the cloud computing system
however among these costs the major three types of costs that are associated with the
installation of cloud computing are explained below:
1. Implementation configuration and migration cost
The implementation and configuration cost is the most essential cost for cloud
computation. The major portion of the cost is incurred in the initial stage to ensure that in
future no obstacles arise in the usage of the cloud computation system (Alam et al 2015).