Impact of Cloud Computing Technology Research Report 2022

MITS Advanced Research Techniques
Research Report
Candidate:
Student Name
Higher Education Department
Victorian Institute of Technology
Report Title:
The Impact of the Cloud Computing Technology on the
Development of the Business Organization
Extended Abstract
The cloud computing technology has opened new ways in which the world or the business. The
advancement of various cloud computing technology like the hybrid cloud, the technology has evolved
further. The business are capable of utilizing the technology for the various purposes, such as the
resources pooling, storing, securing and many more. Thus to make the cloud computing services more
viable to the people and to raise awareness of the cloud services to the people, the research has been
conducted. In order to implement certain technology in the business sector, it is essential to understand
the ways in which can provide effective business solutions to the company. The research here depicts
the effectiveness as well as the ineffectiveness of the cloud computing technology and what probable
outcomes can be achieved with the help of technology. The cloud computing technology as we all know
that the cloud is one of the most accountable technology when the storage is considered. However, the
cloud computing technology is capable of cost reduction, collaboration, security, sharing and many
other purpose which is of equal importance when it comes to the business sectors around the world and
the not only the Small business, even the bigger business sectors are benefited from this technology as
well. The research not only lay emphasis upon the ways in which the technology can be beneficial for
the business sectors, it also discusses about certain challenges which should be kept in mind while
using the technology for better benefits to the organization, With the help of the deductive approach in
the research methodology, breaking down each and every facets of the research becomes much easier
in the research