Cloud computing

Definition

Cloud computing refers to the delivery of computing services—such as storage, processing power, and software—over the internet, enabling users to access and use these resources on demand without the need for local infrastructure. This approach allows businesses and individuals to scale their operations easily, enhance collaboration, and reduce costs by utilizing shared resources hosted in data centers around the world. It also supports various applications across different markets by enabling localization and adaptation in a seamless manner.

5 Must Know Facts For Your Next Test

1. Cloud computing enables scalability by allowing businesses to quickly adjust their resources based on demand, which is particularly useful for handling fluctuating workloads.
2. Security is a key consideration in cloud computing; providers implement robust measures, but users must also manage access controls and data protection.
3. Global data centers are used in cloud computing, allowing for data redundancy and ensuring availability even during localized outages or disruptions.
4. The collaborative features of cloud computing facilitate real-time communication and project management among teams distributed across different geographical locations.
5. Localized adaptations in cloud computing are crucial for businesses entering new international markets, as they can modify services to comply with local regulations and cultural preferences.

Review Questions

• How does cloud computing facilitate localization and adaptation for businesses entering international markets?
  • Cloud computing provides businesses with the flexibility to tailor their services to meet local requirements through various configurations offered by providers. This includes compliance with regulations, language support, and cultural considerations that are crucial for user engagement. By leveraging cloud-based solutions, companies can effectively deploy localized versions of their platforms while maintaining central control over their resources.
• Discuss how the core components of platform architecture are influenced by cloud computing.
  • Cloud computing impacts platform architecture by emphasizing modular design and interoperability. With cloud services like IaaS, PaaS, and SaaS, platforms can be built on top of existing cloud infrastructures, allowing developers to focus on functionality rather than hardware constraints. This architecture promotes innovation and faster deployment cycles, as components can be updated or replaced independently without disrupting the entire system.
• Evaluate the role of cloud computing in the evolution of business ecosystems and its implications for competitive advantage.
  • Cloud computing has transformed business ecosystems by enabling more agile and interconnected networks of businesses. It allows organizations to easily collaborate with partners, access shared resources, and innovate rapidly. This interconnectedness fosters competition by lowering entry barriers for new players while encouraging established firms to adapt quickly to changing market conditions. As a result, companies leveraging cloud computing can gain significant competitive advantages through enhanced responsiveness and resource efficiency.

Related terms

Software as a Service (SaaS): A cloud computing model that delivers software applications over the internet, allowing users to access programs on a subscription basis without needing to install them locally.

Infrastructure as a Service (IaaS): A form of cloud computing that provides virtualized computing resources over the internet, enabling businesses to rent IT infrastructure such as servers and storage.

Platform as a Service (PaaS): A cloud computing model that provides a platform allowing developers to build, deploy, and manage applications without dealing with the complexities of maintaining the underlying infrastructure.