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To Analyse the Importance of Cloud Technology

   

Added on  2020-10-05

36 Pages8276 Words358 Views
RESEARCHPROJECT

TITLE: To analyse the importance of cloud technology in storing and manipulation ofinformation within an organisation. A case study on Quint Group Ltd. CHAPTER 1: INTRODUCTIONOverview of the Research In the world full of digitalisation, people are very much relay on advance tools andtechnologies as these are effective in creating humans life more easy and comfortable. In themodern business environment each small as well as large business enterprises are concern onimplementing innovative technologies as to maintaining the flow of organisational operations ineffective manner (Beetham and Sharpe, 2013). Technology continues to affect the directionwhich is taken by the business enterprises in an apparent attempt to attain higher competitiveadvantage over the rest of its direct rivals. One of the advancement that best embodies the desiresto attain an advantage over competitors is by the use of cloud computing to develop efficiencyand effectiveness in the satisfaction of buyers. Cloud computing mainly involves using a networkstemming through remote server on the internet to access and disseminate data and information.Cloud computing applying remote network server instead of a personal computer or a localserver and its use also involve managing and storing information for a variety of purpose which abusiness selects to involve in at its pleasure. Quint Group Ltd. Is a chosen organisation for thisparticular project, the company owns and operates a number of fin-tech business and onlineconsumer brands and also providing market leading technology for the consumer-finance sector.Data security is the major responsibility of firm or its management and for this organisations arewidely concern on applying the tool of cloud computing as it is more effective in storing andmanipulating data and information. This is also effective in maintaining the appropriate flow ofinformation in regards to smooth operations and function of firm (Benckendorff, Sheldon andFesenmaier, 2014). Cloud computing is determined as the most essential source of digitaltechnology, which is significantly used by small as well as large business enterprises as tomanaging the flow of information and securing the data and information. Background of the Research Cloud computing and business are consist to be the two major elements that integrates tocreate a potential relationship which will lead the firm towards newer heights as to attaining1

fruitful outcome through enhancing the performance of firm. Data and information areconsidered as the most essential elements which are needs to be secured by firm as tomaintaining the confidentiality of information. Quint Group Ltd. Providing market leadingtechnology for the consumers in finance sector. The company was founded in the year of 2009by chief Executive officer Greg Cox, in response to a continuous changing consumer-financeenvironment driven through implementing advancement in technology, the involvement ofalternative leaders and a shift to online operating models. Quint have brands in USA, China,Poland, South Africa and Australia. Cloud computing is consist to be the most essential sourcewhich is effective in storing and manipulating data and information within the workingenvironment. With the help of maintaining appropriate flow of information and data organisationare able to create proper decision which create value in developing the business operations offirm. Significance of the Research The investigation into consideration is based on the importance of cloud technology instoring and manipulation of information within an organisation. In the competitive businessenvironment the major purpose of each small as well as large business enterprise is to keep theirdata and information safe in nature n respect to maintaining the confidentiality of personal data.Cloud technology is effective in providing all relevant data and information to each departmentof an organisation without any kind of issues and conflicts (Bizirgianni and Dionysopoulou,2013). The major purpose of administration the research is to heighten the knowledge base oflearner in a specified area. Cloud technology is consist to be a crucial concept which helps anorganisation in keeping their data and information safe. The specified area of study helps thelearner in enhancing their knowledge base and skills which create value in conducting theirfuture projects in appropriate manner. With the help of research, the ability of finding data andinformation in regards to a specified area of study will also enhance.Research Aim This reasoned as the most important past of research work, as it is the primary aspect ofany project, which refers as a predetermined statement in which research issue is mentioned inappropriate manner. This part of investigation helps the investigator in providing an appropriatedirection as to drawing valid and relevant outcome. The major aim of this specific project is “To2

analyse the importance of cloud technology in storing and manipulation of information withinan organisation”. A case study on Quint Group Ltd. Research ObjectivesThis is also an another important part of research work which is interconnected with theaim of research. This section is appropriate in providing a right way to researcher to implementall activities of research in systematic manner (Brynjolfsson and McAfee, 2012). Researchobjectives are available in the form of small statement which are effective in finding out the endresults and outcome. The major objectives of research are described as under: To identify the significance of digital tools within Quint Group Ltd. To ascertain the concept of cloud computing as an important source of data storage andinformation sharing. To determine the relevance of cloud technology for small business enterprises.To evaluate the influence of digital tools on business productivity and performance.Research Questions This can be determined as the significant part of research work, which provides a cleardirection to implement the session of literature review in effective manner (Brynjolfsson andMcAfee, 2014). In this section data has to be gathered through analysing the opinion of variousauthors and writers. The major questions of the research are associated as below: What are the major significance of digital tools within Quint Group Ltd? How to ascertain the concept of cloud computing as an important source of data storageand information sharing? What are the essential relevance of cloud technology for small business enterprises? What are the major influence of digital tools on business productivity and performance? Time Scale Time frame is determined as the fundamental duty of researcher, as it is essential for aninvestigator to create an appropriate time scale in which all the activities are implemented in bestand possible manner. Time frame provides a systematic evaluation of implementing all activitiesin respect to completion of the work in effective manner. This is created by researcher as toimplementing all research activities as their priority and this is a best way to drawing relevantoutcome with proper utilisation of resources and information. 3

CHAPTER 2: LITERATURE REVIEW It is a text of a researcher paper which includes the current knowledge and informationincluding substantial outcomes and results and in addition hypothetical and methodologicalcontribution to a specified area of study. This piece of research helps in giving an inside and outresearch as to reaching at suitable outcome and result (Buhalis and Foerste, 2015). This sectionof research is based on secondary source of information collection as in this information must begathered through books, journals, online sites, newspapers etc. In this section past researchworks are consist to be the major element in accumulating relevant information or some actualfacts that are effective in fulfilling the requirements of research work. This segment gives ageneral hypothetical edge about the exploration in which every one of the targets are examinedin detailed manner. An in-depth analysis is conducted through analysing the theoretical elementof past research. In this data is gathered through secondary sources and in this opinion and viewpoints of various authors are analysed as to reaching at final result and outcome. The major significance of digital tools within Quint Group Ltd. As per the views expressed by Geralad C. Kane, Doug Palmer, Anh Nguyen Phillips,David Kiron and Natasha Buckley, 2016, In this modern era firms are widely based onimplementing advancement in their technologies in respect to achieving high growth and successat market place. In the modern business world competition is so high at market place and it isessential for firm to use innovative technologies as to providing high competition to their rivals.As a small business enterprise Quint Group Ltd is focused on using new and advancetechnologies such as cloud computing in respect to rendering beneficial services to theirsignificant buyers (Cohen and et. al., 2014). There are various significance of digital tools, inwhich some are described as below: Creating an effective digital culture: The company with digitalisation are constantly cultivatingtheir organisational cultures. This is effective in developing the operations and function of firmin effective manner. An effective culture plays vast role in providing a good and friendlyenvironment in which employees can work with more collaboration and coordination. Developing performance: In the modern scenario competition is so high at market place andsmall as well as large business enterprises are concern on increasing their execution through4

implementing appropriate source. Digital technologies are effective in improvising theoperations of firm in appropriate manner. The concept of cloud computing as an important source of data storage and information sharing.As per the views expressed by Don Sheppard, 2013, Cloud technology is considered as amethod for delivering information technology services in which sources are retried through theinternet by web-based applications and tools, as opposed to direct connection to a server. In themodern world people are very much based on digital tools and technologies, cloud technology isconsist to be the most essential element of digital technologies. Previously organisations wereusing different tools such as proprietary hard drive or local storage device and now a day's firmsare consistently adopting advancement in their technologies in respect to enhancing theiroperations at market place (Del Chiappa and Baggio, 2015). Quint Group Ltd is using cloudbased storage as to keeping organisational data and information more safe and secure. Thismakes it possible to save the data and information to a remote database. A cloud refers to adistinct the IT environment which is created for the purpose of remotely provisioning scalableand measured IT resources. Cloud computing is depicted as a disruptive change in howcomputing and communication is delivered to, and it is applied by the end users. Information isconsist to be the most essential element which is needs to be handled by organisations in respectto completion of the organisational of an organisation in effective manner. Cloud computing ismajorly plays vast role in storing the data and information in effective manner as to conductingall business operations in effective manner.The essential relevance of cloud technology for small business enterprises. As per the opinion of Chris Harding, 2013, cloud technology is an effective tool which isappropriate in handing the source of data and information in effective manner. In the modernbusiness era the major purpose of each business enterprises is to attaining high competitive edgethrough developing their performance and operations. The major relevance of cloud computingin small business enterprises is that it is effective in storing the important data and informationsafe and secure. In the small business enterprises the major focused area of small businessenterprises is to expanding their business operations at wide scale through implementinginnovation within the work place. Cloud technology is providing various benefits to the firm orits operations in keeping the data and information secure (Di Pietro, Di Virgilio and Pantano,2012). This also helps in implementing the appropriate flow of data and information in respect to5

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