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Started by : Disha Roy, Lecturer, St Xaviers College   07 29 2010 10:26:36 +0000
Industry : InternetFunctional Area : Innovation(Strategy & Execution)
Activity:  42 views;  last activity : 02 18 2011 22:16:27 +0000

When a major change arrives on the IT scene it’s not always clear what the implications will be, if any, and so for large organizations a risk-managed wait-and-see attitude tends to prevail.

Occasionally however some shifts offer cost savings, improvements to operations, or ways to tackle business problems that offer significant strategic advantage.

So, in what other ways cloud computing will affect the business process??

 
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1 2 3 4 5
1 Creation of a new generation of products and services
2 The rise of new industry leaders and IT vendors
3 Step up your service
4 capital expenditure to operational expenditure
5 Reducing paper works

Creation of a new generation of products and services

idea posted by Disha Roy Lecturer, St Xaviers College

The economics of cloud computing lets innovative companies create products that either weren’t possible before or are significantly less expensive than the competition (or just more profitable.) This part of cloud computing is an arms race and there are short windows of opportunity since competitors can often put the economic advantages of cloud computing into their product formulations fairly quickly once they see that it works for you.

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The rise of new industry leaders and IT vendors

idea posted by Ruchi Chawla Associate/Sr. Associate -(Technical), Cisco Systems

Good question Disha... Infact cloud computing the hottest & latest trend now.While we’re seeing many of the top players in computing use their existing strengths to create successful cloud computing offerings, there were also be a new generation of companies that businesses generally aren’t used to dealing with as suppliers.

Amazon and Google are two firms that generally aren’t regarded as deeply experienced in the enterprise, and there are many others.

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Step up your service

idea posted by AHCVKumar Project Manager, Nokia Siemens Networks

Step up your service to be in business always.....

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capital expenditure to operational expenditure

idea posted by Danish khan Business Analyst, cognizant business consultancy
Cloud computing converts capital expenditure to operational expenditure which allows even small companies to use latest technology with investing huge amounts upfront.it also helps in scaling up and scaling down in different phases of the business cycle.cloud computing increases the agility of the business model which is required in this dynamic environment.
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Reducing paper works

idea posted by Mohammad Bakhsh Project Leader/Managing Consultant, Freelancer

The business needs not invest in creating infrastructure except compute and internet access.The service is fully managed by  provider.

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