Design and Development of Cloud Computing and Cloud Economics in I.T. Companies

computer science

Cloud computing” is a term that encompasses the evolution of several aspects related to information technologies, telecommunication networks and advances in microprocessors, the most significant being virtualisation or hardware abstraction. Virtualisation software enables running an application concurrently on several remote machines, and the concurrent sharing of system hardware resources (CPU, RAM, network adapters, etc.) by different applications and operating systems. Thus, by making the hardware independent of the software it runs, it provides ubiquitous, on-demand access to a shared set of configurable computing resources. Economics of Cloud Computing is based on the PAY AS YOU GO method. Users/Customers must have to pay only for their way of usage of the cloud services. It definitely beneficial for the users. So that Cloud is economically very convenient for all. Another side is to eliminate some indirect cost which is generated by assets such as license of software and their support. In cloud, users can use software application on subscription basis without any cost because the property of the software providing service remains to the cloud provider.

This work is licensed under a Creative Commons Attribution-ShareAlike 4.0 International License.