Premium Essay

Cloud Vendor Report

In:

Submitted By csrgl
Words 1006
Pages 5
CLOUD VENDOR REPORT
SECTION 3 - GROUP H

In the given scenario, we’re looking for the matching cloud-vendor for the young CEO of a wealth management company in central London. Since, the company is active in the financial industry, there is a high importance on the security of the client’s data and the need for highly analytical tools. The business will employ 13+ sales analysts by the end of the year and is hooked up to a well-performing Internet connection. The CEO requests cloud services to set up customized application tools in order to manage his clients’ portfolios and ensure a high security of the clients’ data, in addition. Standardized off-the-shelf cloud products might not fulfill all the needs, which the wealth management business requires. Depending on the size of a company, staff and budget, there are three different types of cloud computing service models, which build upon one another (see appendix A). Software-as-a-service (SaaS) is the most complete cloud service model in which whole applications are being managed from a central location and made available to the end-users.i Then there is platform-as-a-service (PaaS), which supports the creation of software, rather than fixed software, being delivered over the web. It gives the opportunity to easily develop applications and not to depend on specific platforms to run. Additionally, there is the flexibility to take advantage of cloud benefits while retaining data and applications on site as needed.ii Finally, infrastructure-as-a-service (IaaS) simply provides the computing power, memory and storage. The client will remain responsible for monitoring, managing and patching the on-demand infrastructure.iii Due to a more customized need for analyzing tools, SaaS doesn’t seem to be the appropriate one. Neither is IaaS, since it requires more staff to actually implement and run applications. With PaaS,

Similar Documents

Premium Essay

Hafford

...successfully. To improve the sale, company needs to: 1. Send an email to all customers and explain the situation briefly with honesty 2. Offer attractive discounts and incentives to its loyal customers for lost orders and satisfy them 3. Find a certified vendor to turn on its cloud computing system again 4. Retrieve the lost orders and process them quickly 5. Make sure that new orders are coming smoothly without delay Long-Term Plan Organizational Structure and Culture In general Hafford needs to move toward decentralization. For achieving that goal, Feckle needs to give more autonomy to his vice presidents. His only responsibility should be looking at the Hafford’s whole situation in the market and controlling Hafford in general. He may participate in decision making process, but when decision making is about financial side of a new plan. Making decision about the technological and scientific part of a plan must be left to Hafford’s professional and relevant teams. Internal Control Hafford’s internal control system must be reviewed and activated. Internal control system must be audited by external auditors routinely. Feckle and his vice presidents must take any revealed weakness in external auditors’ report serious. Hiring external auditors for auditing Hafford’s internal control will ensure management that internal control system is powerful enough to find any financial problem and track its underlying reasons including management poor performance. Providing...

Words: 677 - Pages: 3

Premium Essay

Nt1330 Unit 3 Assignment 1

...develop the application which offers encrypted data for the security. So in this way the extra security from organizations is not required and all security loads are placed on cloud services provider.IT leaders must define the policy and main security fundamentals to identify where the data encryption is required. Services vendor should propose a new prototype for storage and retrieved the data in clouds. And define the scheme which avoids storing duplicate encrypted files of the same data. In this infrastructure, clouds store only the encrypted data to enhance the security of data storage. Data is segregated on multiple servers so data are implicitly protected and it do not require to be encrypted...

Words: 686 - Pages: 3

Premium Essay

Infs 1602 Assignment B

... Executive Summary The purpose of this report is to outline the advantages and disadvantages of cloud- based CRM and SCM solutions, how it can enhance a business’ customer relationships and supply chain as well as balancing the risks of the use of this technology with the benefits. This report will firstly illustrate the benefits and disadvantages of implementing a cloud-based CRM and SCM solutions, in comparison to traditional on-site processes to assist Forever 21 in making a decision whether to use these CRM and SCM solutions or not. It will then describe how CRM and SCM solutions can maintain customer relationships and retention through the leveraging of an enhancing the efficiency of supply chain management and tailoring the product range through the use of these technologies. This report will accentuate the security, ethics and privacy issues that are associated with cloud-based CRM and SCM solutions. A recommendation of a specific vendor for cloud-based CRM and SCM solutions will then be provided to assist the CIO of Forever 21 in making a decision which is most suitable to a retail business such Forever 21. Table of Contents Executive Summary 2 Introduction 4 Supply Chain Management 4 Benefits of a cloud-based SCM solutions 4 Drawbacks of a cloud-based SCM Solution 5 Customer Relationship Management 5 Benefits of cloud-based system CRM solutions 6 Drawbacks of cloud-based CRM solutions 6 Leveraging Cloud-based SCM and CRM solutions to Improve Business...

Words: 5235 - Pages: 21

Premium Essay

Mis535

...March 2009 Sales and Marketing System in a Cloud Environment at FLAVOR SHAKES ltd. by Table of Content 1. Abstract 2. Company Overview 3. Discussion of business problem(s) 4. Name of the Company 5. Brief description of proposed solution 6. General benefits it will provide the company 7. Audience to whom you are presenting the recommendation(s) 8. References 1- ABSTRACT The world is changing daily and many companies are looking to develop ways to save on production and hardware. The idea of having a system called “the cloud” allows a company to store files away from the main server will help a company to store more and free space on the main server. Computer owners always try to speed up their systems and find secure location to store files and other media. The best recent technological advancement “cloud storage” is centralized, secure and accessible from anywhere in the world. A healthy computer system runs fast and without downtime. Cloud storage system just does that, it keeps company computers running with the least amount of downtime, faster and reliable. In this paper, Flavor Shakes Ltd., has issues with server space and need newer solutions of developing better service to its customers, vendors and facilities. I believe, after reading my research and conclusion, Flavor Shakes will benefit from its membership with a “cloud server space “ by boosting server speed and shipping products as promised...

Words: 996 - Pages: 4

Premium Essay

Business Analytics Using Secured Data Forwarding

...Business Analytics using Secured Cloud Storage System M Swetha Chandra1, M Suma Latha2, KODAVATIKANTI S M Aditya Kumar3, S K R Swamy4 1,2,3,4 Department of CSE, TRR College of Engineering, Inole, Patancheru, Hyderabad, AP, India 1 sweet.smily99@gmail.com 2 msumalathacse@gmail.com 3 smaditya@gmail.com 4 kramas2004@yahoo.com | | | ABSTRACT Business analytics go far beyond reports, dashboards, and scorecards. Analytic impact occurs after the numbers are delivered, and analytic value is driven by the kinds of questions that are answered. Ordinary analytics tell you what has already happened. Good analytics provide insight into why things happen, and great analytics provide foresight to see what lies ahead. Today’s business climate demands extraordinary analytics. Business managers need to know more than what. The hard questions today are why, what if, and what next. According to Gartner, BI and Analytics is a $12.2 billion market with 16.4% growth in 2011. Gartner's 2012 CIO survey showed that analytics/BI is the No. 1 technology priority for CIOs. The mega vendors such as Oracle, SAS, IBM etc., are already having major portion of the revenue with their packaged applications in these areas. It is estimated by Gartner that Analytics will be touching 75% of potential users by 2020. This is proven by the growth rate of new vendors such as QlickTech and Tableau by 45% (as per Gartner report). Cloud Storage: Cloud Storage, also referred as Data Storage as a Service, is...

Words: 2222 - Pages: 9

Premium Essay

Cloud Compuing

...Running head: IN THE CLOUDS In the Clouds, the Future of Cloud Computing and Security Shane Thans American public University Abstract Cloud computing has grown in popularity and implantation across a wide venue of platforms and its uses have changed the way business and the private sector access and store not only data but applications and resources as well. The question that comes to mind is what the security of this platform is and what is in the future for cloud computing as a whole. The problem is with the growth of the cloud technology platform is that it is growing so fast in popularity that keeping all this information secure is trying to keep up with the security aspects of this new platform. The technology is growing and changing so quickly that as soon as we secure one area, hackers and those with the skills and time on their hands find way to circumvent the security put in place. In the Clouds, the Future of Cloud Computing and Security Cloud computing is a broad term, that covers not only storage but access to applications and information that resides on servers outside of the physical domain of the user. A major concern is the security of that platform, and most people do not even think twice about it. Today Approximately 90% of global internet users are already on the cloud – Danova, T. (2014). Most people do not even realize they are using cloud technology, and even fewer know what that even is., this is due to the integration of the technology in...

Words: 1469 - Pages: 6

Premium Essay

Web Application Firewalls

...Magic Quadrant for Web Application Firewalls Page 1 sur 13 Magic Quadrant for Web Application Firewalls 17 June 2014 ID:G00259365 Analyst(s): Jeremy D'Hoinne, Adam Hils, Greg Young, Joseph Feiman VIEW SUMMARY The WAF market is growing quickly from a small base; it is composed of pure players, application delivery controller vendors, cloud service providers and network security vendors. Buyers should evaluate how WAFs can provide high security, minimize false positives and sustain performance. STRATEGIC PLANNING ASSUMPTIONS At the end of 2018, less than 20% of enterprises will rely only on firewalls or intrusion prevention systems to protect their Web applications — down from 40% today. By year-end 2020, more than 50% of public Web applications protected by a WAF will use WAFs delivered as a cloud service or Internet-hosted virtual appliance — up from less than 10% today. Market Definition/Description The Web application firewall (WAF) market is defined by a customer's need to protect internal and public Web applications when they are deployed locally (on-premises) or remotely (hosted, "cloud" or "as a service"). WAFs are deployed in front of Web servers to protect Web applications against hackers' attacks, to monitor access to Web applications, and to collect access logs for compliance/auditing and analytics. WAFs are most often deployed in-line, as a reverse proxy, because historically it was the only way to perform some in-depth inspections. Other deployment modes...

Words: 10448 - Pages: 42

Premium Essay

Cloud Computing

...complex and expensive. Cloud computing services has been gaining significant importance due to its characteristics of making IT infrastructure and resources more agile, has reduced dependency on device and location, enhance performance and productivity with several other benefits. The basic meaning of cloud computing is the storing and accessing of data and programs over internet rather than one’s computer’s hard drive. The cloud is defined as a collection of interconnected IT services and infrastructures, which are accessible through a network (Erl et al., 2013). Cloud computing enables multiple users to share resources, which are located dynamically and used as per the demand. The main aim of cloud computing is that it allows users to use all the technologies, without requiring to have deep knowledge or expertise about each one (Rhoton, 2010). The cloud services aims to reduce the cost of setting up and maintaining IT infrastructure instead it enables the user to concentrate on the core business. Cloud computing services provides the advantage of fewer operational issues, which is a great advantage for the small and medium size businesses since it allows they do not have to own the resources such as servers, software and infrastructure and can use the resources of the service provider. Cloud computing services allow the users to transfer data between different systems without locking the businesses into one provider (Nielsen, 2013). The other advantages of cloud are that it provides...

Words: 4309 - Pages: 18

Premium Essay

Cloud Computing

...Infotech | 7 | Learning | 8 | Future scope | 9 | References | Executive summary Time-to-market, more flexible support for business strategies by IT, and faster response time to competitive conditions are combining to accelerate cloud computing adoption today. This report aims to learn the major aspects of IT sales especially in cloud computing, which involves understanding the technologies involved in the functioning of an IT business model. For this purpose, various articles were referred and few corporate visits were done within the span of two-week of the SLIP. The report discusses various information about overview of top IT companies, types of cloud, virtualization, Saas, Paas, DRaas, Capex, Opex, Marketing and pricing strategies involved in cloud solutions. Our professional mentor was from Zenith Infotech. Zenith Infotech is an international company that specializes in delivering innovative business continuity and cloud computing solutions for IT service providers. The report further discusses Zenith’s products,learnings imbibed from the programme and the future scope of cloud computing in detail. Literature Review 1.Identifying Cloud Computing Security Risks (February 2011) -Paul Wooley Tyco Electronics Abstract Cloud computing services including Infrastructure as a Service promise potential cost savings for businesses by offering remote, scalable computing resources. However attractive these services are, they pose significant security risks to customer...

Words: 3858 - Pages: 16

Premium Essay

Cloud Computing

...EXECUTIVE SUMMARY Cloud computing is the latest evolution in computing. Computing resources are available when needed, and you pay for their use in much the same way as for household utilities. Just as water is piped to your home and you pay for as much or as little as you use, cloud computing resources are available whenever needed and charges are applied on how much you use them. With cloud services you can connect at home, work or on the go via a laptop, desktop, smartphone or other handheld devices. Widespread cloud computing is made possible by the Internet, and this is the most common way of accessing cloud resources. The basic cloud computing model is shown below. Servers, storage, applications, and services are accessed via a common network. They are shared between organizations, and accessed by users or applications. The users may be members of the organizations working on-premise, remote workers, customers, or members of the general public. Cloud computing has three service models. These are the basic kinds of service that cloud service providers provide. They are Infrastructure as a Service (IaaS), Platform as a Service (PaaS), and Software as a Service (SaaS). [1] Infrastructure as a Service (IaaS) is a cloud model which allows organizations to outsource computing equipment and resources such as servers, storage, networking as well as services, such as load balancing and content delivery networks. The IaaS provider owns and maintains the equipment while the organization...

Words: 1585 - Pages: 7

Premium Essay

Cloud Computing

...Why Cloud Computing Matters to Finance By Ron Gill, CMA, CFM When was the last time you upgraded your ERP system? If the answer is “not in recent memory,” then you aren’t alone. About two-thirds of mid-sized businesses are running old versions of their enterprise resource planning (ERP) system—in some cases, it’s software that’s three or more versions old. This is the legacy of decades of on-premise (in-house) software deployments, incremental releases that never seemed worth the pain of a major upgrade migration project, and fear of losing critical customization. January 2011 I S T R AT E G I C F I N A N C E 43 TECHNOLOGY But in the midst of rapidly changing revenue recognition rules and a constantly evolving regulatory environment, it’s more important than ever to have your business systems reflect the current business environment. At NetSuite, at the time of this writing (December 2010), we’re running the company on the current version of NetSuite’s cloud ERP solution—2010.2—that was released in October 2010. In fact, every other business running its financials on NetSuite’s cloud ERP—from the smallest business that started using it more than 10 years ago to the largest enterprise that signed up last quarter—is also running on the latest version of the software. In contrast, the fact that the bulk of finance organizations are running traditional, on-premise accounting systems that are too painful to upgrade is just one data point that the era of cloud computing...

Words: 3388 - Pages: 14

Premium Essay

Cloud Storage

...known it for the last four decades is facing significant internal and external pressures. The rapid growth of inexpensive or even free public cloud storage for consumers has created a bring-your-own storage grass-roots revolution demanding IT deliver simple self-service storage at costs far below current chargeback levels. At the same time the capacity requirements for user-generated content from sources like mobile applications is becoming a driving force in storage expansion. While public cloud options exist for enterprises they still have often unacceptable gaps in security and control despite their favorable economics compared to legacy on-premise storage. All of these factors are making it both technically and economically indefensible to just keep expanding your reliance on existing legacy NAS and SANs that suffer from years of vendor lock-in and are burdened by costly proprietary hardware. Something new is needed and the option of pushing data out to public cloud providers just isn’t feasible for organizations who need their storage to protect intellectual property and comply with regulations. But there is another cost-effective alternative. A new approach called Software-Defined Storage delivers reliable and secure private cloud storage far cheaper than legacy NAS/SAN storage and less than half the cost of business-grade public cloud storage. Building on...

Words: 4121 - Pages: 17

Premium Essay

Cloud Computhing

...Cloud Computing Service for all most everything | Submitted To:Dr. Richard EganSubmitted By:Team 2 | Table of Contents Cloud computing 2 Introduction 2 Definition of Cloud Computing 3 Services Models of cloud computing 4 Software as a Service (SaaS): 4 Platform as a Service (PaaS): 5 Infrastructure as a Service (IaaS): 5 Deployment Model of cloud computing 5 Public Cloud: 5 Private Cloud: 6 Community Cloud: 6 Hybrid Cloud: 6 Challenges of cloud computing 7 Benefits 7 Implementation Plan 9 How Does Data Stay Safe in the Cloud? 9 Are your applications ready to run on cloud? 9 Will you able to receive customer support for the service? 10 Client considerations for Best Practices during Implementation and Deployment 10 Implementation Strategy 10 Cloud architecture: 10 Market Analysis 11 Important Questions to be address by management 11 Implementation Cycle 12 References (Author, Year) 14 Cloud computing Introduction Whenever technology changed or company move to new business plan, it costs them and many of these companies cannot afford in current economic environment. And most of the time all the investments are not useful at the same time. They wish to “pay for what they use” services and use their efforts and money in main business to add value to it. So these challenges and expectations cause the born of cloud computing.Cloud Computing provides a simple, economicaland efficient way to access servers, storage, databases and a broad set of application...

Words: 3580 - Pages: 15

Premium Essay

Cloud Computing

...Contents Introduction 1 Management Information System 1 Cloud Computing 3 Defining Cloud Computing 3 Cloud Service Models 4 Infrastructure as a Service (IaaS) 4 Platform-as-a-Service (PaaS) 4 Software -as-a-Service (SaaS) 5 Cloud Delivery Models 5 Public Cloud 5 Private Cloud 6 Hybrid Cloud 6 Challenges and Outstanding Issues 6 Loss of IT-control 7 Data Management 7 Privacy and Legal 7 Performance and QoS 8 Security 9 Conclusion 11 Introduction : Information recognized as essential for human life , where it helps to make choices and decisions in every activity . Nowadays, organizations needs information to be able to achieve its goals and maintain for survive. In business , management requires to planning , directing , controlling , making decisions and solving problems in efficient and effective way . information systems helps managers to do these functions by providing timely , accurate and relevant information . for this reason organizations investing in information systems and technology in order to achieve the most important objectives for any business through improving businesses operations efficiency and productivity which leads to customer returning and purchasing more and gaining high profits. Also , it enables to create new products and services such as ; iTunes music service . in same context , it helps mangers to make decisions with real time information which is reflected on organization's performance. As a result , firms...

Words: 3624 - Pages: 15

Premium Essay

Cloud Computing

...Dublin Institute of Technology ARROW@DIT Dissertations School of Computing 2010-09-01 Cloud Computing:Strategies for Cloud Computing Adoption Faith Shimba Dublin Institute of Technology, faith.shimba@gmail.com Recommended Citation Shimba, F.:Cloud Computing:Strategies for Cloud Computing Adoption. Masters Dissertation. Dublin, Dublin Institute of Technology, 2010. This Dissertation is brought to you for free and open access by the School of Computing at ARROW@DIT. It has been accepted for inclusion in Dissertations by an authorized administrator of ARROW@DIT. For more information, please contact yvonne.desmond@dit.ie, arrow.admin@dit.ie. This work is licensed under a Creative Commons AttributionNoncommercial-Share Alike 3.0 License School of Computing Dissertations Dublin Institute of Technology Year  Cloud Computing:Strategies for Cloud Computing Adoption Faith Shimba Mr. Dublin Institute of Technology, faith.shimba@student.dit.ie This paper is posted at ARROW@DIT. http://arrow.dit.ie/scschcomdis/1 — Use Licence — Attribution-NonCommercial-ShareAlike 1.0 You are free: • to copy, distribute, display, and perform the work • to make derivative works Under the following conditions: • Attribution. You must give the original author credit. • Non-Commercial. You may not use this work for commercial purposes. • Share Alike. If you alter, transform, or build upon this work, you may distribute the resulting work only under a license identical...

Words: 35464 - Pages: 142