Impact of Cloud Computing

• Cloud is booming even though it is in an early stage.
• The use of Cloud alone is not enough. Make sure that Cloud is designed with security, reliability, no lock-in and scalability.
• Cloud is highly scalable with SaaS (Software as a Service); PaaS (Platform as a Service); IaaS (Infrastructure as a Service), and BaaS (Business model as a Service) for pricing and provisioning solutions.
• Cloud is driven by benefits like resource pooling, use on demand, cutting costs, improving agility, increasing scale, reliability and leveraging best practices.
• The challenges are multi-cloud management, configuration, operation, lock-in, security and standardization.

Here I will focus on the business impact of the Cloud. Cloud computing not only changes the business model for companies; it can also provide new business opportunities for startups.