Business innovation in cloud computing

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<ol><li> 1. Business Innovation In CloudComputingEeshan SidharthaGurpreet SinghLalit NayyarKundan SinghShamik Guha </li><li> 2. What is Cloud ComputingThe practice of using a network ofremote servers hosted on theInternet to store, manage, andprocess data, rather than a localserver or a personal computer. </li><li> 3. Cloud Computing It specifically refers to a computing hardware machine or group of computinghardware machines commonly referred as a server connected through acommunication network such as the internet , an intranet, a LAN or wide area network(WAN). Therefore, instead of using a personal computer every-time to run the application, theindividual can now run the application from anywhere in the world. Typically, the seller has actual energy-consuming servers which host products andservices from a remote location, so end-users don't have to; they can simply log on tothe network without installing anything. The major models of cloud computing service are known as software as a service,platform as a service, and infrastructure as a service. These cloud services may be offered in a public, private or hybrid network Google, CSC, Amazon, IBM, Oracle Cloud, Rackspace, Salesforce, Zoho and MicrosoftAzure are some well-known cloud vendors. </li><li> 4. CloudInnovationRapid elasticityThe ability toincrease ordecreaseservices andresources asdemandfluctuatesUbiquitous anytime,anywhere accessResources are accessibleanytime via multipledevicesResource poolingMulti-tenantarchitectureswhere resourcesare sharedamong manycustomers</li></ol>


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