Analyzing Cloud Technology's Role: Quint Group Case Study Report

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Added on  2023/02/03

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This research project analyzes the importance of cloud technology within Quint Group Ltd., a company operating in the fintech and consumer-finance sector. The report outlines the research aims and objectives, focusing on the significance of digital tools, cloud computing for data storage, and its relevance for small businesses. The data analysis section presents findings from a survey, examining themes such as the importance of cloud technology for data storage and manipulation, the tools and techniques used, the divisions where cloud computing is most utilized, its impact on workload reduction, the benefits for small enterprises, and the biggest beneficiaries of cloud computing. The analysis includes frequency tables and visualizations for each theme, providing a detailed overview of the findings. The conclusion summarizes the key insights, emphasizing the role of digitalization and cloud technology in improving business operations and driving growth in the modern business environment. The report also includes a list of references.
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Research
Project
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Cover Content
Introduction
Research Aim
Research Objectives
Data Analysis and Interpretation
Conclusion
References
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Introduction
In the world full of digitalisation, people are very much relay on digital tools
and technologies as these are effective in making humans life more easy
and comfortable. In the modern business environment each small as well as
large business enterprises are concern on implementing innovative
technologies as to maintaining the flow of organisational operations in
effective manner. Quint Group Ltd. Is a chosen organisation for this
particular project, the company owns and operates a number of fin-tech
business and online consumer brands and also providing market leading
technology for the consumer-finance sector.
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Aims and objectives
This considered as the most important past of research work, as it is the
primary aspect of any project, which refers as a predetermined statement in
which research issue is mentioned in appropriate manner. This part of
research helps the investigator in providing an appropriate direction as to
drawing valid and relevant outcome. The essential aim of this particular
project is “To analyse the importance of cloud technology in storing and
manipulation of information within an organisation”. A case study on
Quint Group Ltd.
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Research Objectives
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 and information sharing.
To determine the relevance of cloud technology for small business
enterprises.
To evaluate the influence of digital tools on business productivity and
performance.
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Data Analysis
Data analysis is considered as the most essential part of research work which
helps in analysing the data and information that are collected by
investigator in respect to carry out the whole work in right direction. The
section of data analysis creates a way to implement valid outcomes and
decide appropriate course of action for future determination. It is through
an in-depth evaluation of the relevant information that the researcher is
able to achieve the pre-defined objectives and aims.
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Theme 1: Cloud Technology is important for the purpose
of storing and manipulation of Data within Quint Group.
Q 1) Does Cloud Technology is important for the purpose of
storing and manipulation of Data within Quint Group?
Frequenc
y
Yes 23
No 7
Yes No
0
5
10
15
20
25
23
7
Column B
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Theme 2: Different tools as well as techniques used by
Quint Group company for storing and managing the data.
Q 2) Which tools as well as techniques used by Quint
Group company for storing and managing the data?
Frequency
Cloud Computing 15
Internal Storage Frame Work 10
External Storage Service Provider 05
Cloud Computing
Internal Storage Frame Work
External Storage Service Provider
0
2
4
6
8
10
12
14
16
15
10
5 Column B
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Theme 3: Different division of Quint Group, Cloud
Computing is used most often.
Q 3) In which division of Quint Group, Cloud Computing is used
most often?
Frequency
Information Technology Division 10
Operations and Management Department 8
Production Department 6
HR Department 6
Information Technology Division
Operations and Management Department
Production Department
HR Department
0
1
2
3
4
5
6
7
8
9
10
10
8
6 6
Column B
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Theme 4: Cloud Computing has reduced the work load on
organisation and its employees.
Q 4) Does use of Cloud Computing has reduced the
work load on organisation and its employees?
Frequency
YES 20
NO 10
YES NO
0
2
4
6
8
10
12
14
16
18
20
20
10
Column B
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Theme 5: Different benefits can be availed by small
enterprises through effective use of Cloud Technology.
Q 5) What benefits can be availed by small enterprises through
effective use of Cloud Technology?
Frequency
Less Work Load 15
Higher Efficiency 5
Reduction in Cost 10
Less Work Load Higher Efficiency Reduction in Cost
0
2
4
6
8
10
12
14
16 15
5
10
Column B
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Theme 6: The biggest beneficiary of Cloud Computing
within and outside organisation.
Q 6) Who is the biggest beneficiary of Cloud Computing within and
outside organisation?
Frequency
Employees 10
Suppliers 5
Customers 10
Share Holders 5
Employees Suppliers Customers Share Holders
0
1
2
3
4
5
6
7
8
9
10 10
5
10
5
Column B
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Theme 7: There are different reasons for which a
company opts for Cloud computing for storage of its Data
as well as information.
Q 7) What are the reasons that a company opts for Cloud computing
for storage of its Data as well as information?
Frequency
For reducing the level of work. 10
For achieving Cost Effectiveness 15
Outsourcing of Data saves Time. 05
For reducing the level of work.
For achieving Cost Effectiveness
Outsourcing of Data saves Time.
0
2
4
6
8
10
12
14
16
10
15
5 Column B
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Theme 8: The role of digital technology, especially Cloud
Computing, in development of business opportunities for
Quint Group in Financial Sector.
Q 8) What are the role of digital technology, especially Cloud
Computing, in development of business opportunities for Quint
Group in Financial Sector?
Frequency
Growth as well as Development in business. 15
Low cost Services to customers 5
Cloud Solution 10
Growth as well as Development in business.
Low cost Services to customers
Cloud Solution
0
2
4
6
8
10
12
14
16
15
5
10
Column B
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Conclusion
From the above given report it has been concluded that in the modern era
people are very much engage in various activities which are implemented
by the use of digital tools and technologies. Digitalisation is consist to be
the most essential which plays vast role in improvising the operations and
functions of firm. In the modern business environment growth is important
for each business enterprises and organisations are focused on
implementing new and innovative technologies as to developing the
operations of firm in effective manner.
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References
McCabe, S., Sharples, M. and Foster, C., 2012. Stakeholder engagement in the
design of scenarios of technology-enhanced tourism services. Tourism
Management Perspectives. 4. pp.36-44.
Molz, J. G., 2012. Travel connections: Tourism, technology, and togetherness
in a mobile world. Routledge.
Morrison, A. M., 2013. Marketing and managing tourism destinations.
Routledge.
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