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Cloud Computing. By: Stephen Johnson Ira Roberts. Cloud Computing. History of Cloud Computing. 1960’s – John McCarthy's Idea 1970’s – Timesharing Introduced by IBM 1980’s – Arpanet 1990’s/Early 2000’s – Software as a Service 2000’s – Cloud Computing Takes Off
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Cloud Computing By: Stephen Johnson Ira Roberts
History of Cloud Computing 1960’s – John McCarthy's Idea 1970’s – Timesharing Introduced by IBM 1980’s – Arpanet 1990’s/Early 2000’s – Software as a Service 2000’s – Cloud Computing Takes Off 2009- Present – Cloud Computing Finds Niche
http://blog.nskinc.com/IT-Services-Boston/bid/118077/7-Statistics-You-Didn-t-Know-About-Cloud-Computinghttp://blog.nskinc.com/IT-Services-Boston/bid/118077/7-Statistics-You-Didn-t-Know-About-Cloud-Computing
http://blog.nskinc.com/IT-Services-Boston/bid/118077/7-Statistics-You-Didn-t-Know-About-Cloud-Computinghttp://blog.nskinc.com/IT-Services-Boston/bid/118077/7-Statistics-You-Didn-t-Know-About-Cloud-Computing
What is Cloud Computing? • Resources on-demand via the Internet • The “Cloud” is a metaphor for the Internet
5 Characteristics of Cloud Computing On-demand self-service Broad network access Resource Pooling Rapid Elasticity Measured Service
Types of Clouds Private Cloud Community Cloud Public Cloud Hybrid Cloud
What is Cloud Computing Software-as-a-Service (SaaS) Platform-as-a-Service (PaaS) Infrastructure-as-a-Service (IaaS)
Benefits of Cloud Computing Lower Total Cost of Ownership Availability of Data Streamlined Business Processes/Improvement Simple Upgrades Lower Capital Expenditure Speed of Deployment *Excerpt from “Why Cloud Computing Matter to Finance”, Ron Gill, CPA
Reduced Expenses • Up-Front Expenses/Implementation • Software License • IT Infrastructure • Hardware • Support/Maintain • Servers • Backups • Database • Fewer IT Personnel • “On-Demand” Capacity
Data Accessibility Secure Access To Data Anywhere/Anytime Real-Time Data/Collaboration Retain Best Employees/Globalization
Speedy Deployment, Ease of Upgrading/Configuration • No Setup/Installation • Configurations and Upgrades Completed by Cloud Service Provider • Automatic Upgrades • Minimize Functionality/Usability Change • Configurations Remain Intact
Increased Ability to Focus on the Improvement of Business Processes • Reduction in IT Expenses/Personnel • Reallocation of Resources • Create and Sustain Competitive and Operational Advantages
What are the Risks of Cloud Computing? Sacrifice of direct control over company resources Lack of Transparency High Value Cyber Attacks Service Outages
What Controls Can Reduce the Risk? Require a right to audit clause in the contract Evaluate what controls the CSP lacks Inquiry with CSP prior to contract Data Classification Disaster Recovery Plan Contract with a backup CSP
Cloud Computing • Key Factors of Cloud Computing • Understand Current System • Identify Needs • Preform Cost Analysis • Understand/ Assess Risk