Cloud Computing: Importance, Development, Platforms, and Business Applications

Digital Business & New
Technologies

Contents
INTRODUCTION...........................................................................................................................1
MAIN BODY...................................................................................................................................1
TASK 1............................................................................................................................................1
Why the chosen topic is considered as important?......................................................................1
How this technological topic has developed?..............................................................................1
Brief description of the technology used along with its importance...........................................1
What technological platforms and software are used in the topic?.............................................1
What type of business and organisation uses the technology......................................................1
How is it used as a business tool and its effectiveness in the business?......................................1
TASK 2............................................................................................................................................1
Critically discuss the nature of relationship between digital technologies. Also discuss the
emerging theories, both old and new, on business and management structures and practices?. .1
TASK 1............................................................................................................................................2
CONCLUSION ...............................................................................................................................2
REFERENCES................................................................................................................................2

INTRODUCTION
Digital business is increasing with each passing day in today's hectic world. With the
growth in digital businesses, new technologies are also coming into force. Businesses use these
technologies to make their work easier and initiate smart work rather than hard work (Markus
and Loebbecke, 2013). Digital businesses and the formation of new technologies are quite
common now-a-days. This report contains a critical analysis on the topic “Cloud Computing”.
Further, the report discusses about the new technologies along with their importance in
businesses and the challenges faced while dealing with these techniques.
MAIN BODY
TASK 1
Why the chosen topic is considered as important?
Cloud computing serves as a data storage in computer systems used for storing important
information by the businesses. Cloud allows to have access to the network of communication
techniques such as emails, messages, etc. All the information of the business regarding
everything is now-a-days, stored on the computer systems (Keen and Williams, 2013). Cloud
computing keep this information safe by preventing data loss. All the information entered into
the computer systems are stored in the hardware of service providers. It is much reliable in
comparison to manual work where people can easily make changes resulting into fraud and
forgery. Manual work, once destroyed, will never be recovered. On the other hand, backup of
data stored online can be retrieved easily. Hence, cloud computing is quite useful for businesses
to store important information and keep them safe.
How this technological topic has developed?
In the earlier days of 1960s, the concept of sharing information became popular.
Platforms such as Multics were used for the purpose. Amazon was the one who sew the seeds for
the incorporation of cloud computing. It introduced its Simple Storage Service (S3) which was
later replaced and was named as Elastic Compute Cloud (EC2) for its customers. The purpose of
the storage service was to make it convenient for the customers to store data at one place so that
they can find and use it easily later, if needed. Also the aim of the storage service was to make
innovations in their application (El Sawy and Pereira 2013). The introduction of Simple Storage