This report delves into the advantages and disadvantages of cloud computing, a crucial technology for modern businesses. It begins by outlining the research problem and questions, focusing on the impact of cloud computing on business operations and growth. The report then discusses major theories and models related to cloud computing, including its various service models (SaaS, IaaS, PaaS) and the 5-3-2 principle. A comprehensive literature review is conducted, examining the viewpoints of experts on cloud computing, its benefits (such as scalability, cost-saving, and ease of implementation), and its drawbacks (including security concerns, downtime, and limited control). The review analyzes various research papers published in the last five years, highlighting key findings on the impact of cloud computing on data management, business collaboration, and overall productivity. The report emphasizes the importance of understanding both the advantages and limitations of cloud computing for effective implementation and strategic decision-making in business environments. It addresses security vulnerabilities, the need for reliable internet connections, and the potential for configuration-related problems. Ultimately, the report provides a balanced perspective on cloud computing, offering valuable insights for businesses considering or currently using cloud-based services.
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