Cloud Computing in Small Business

A GUIDE TO CLOUD COMPUTING IN SMALL BUSINESS CLOUD COMPUTING HAS BECOME AN INTEGRAL PART OF ALMOST ALL PROFESSIONAL OPERATIONS AS A GROWING NUMBER OF BUSINESSES LOOK TO CUT COSTS AND INCREASE EFFICIENCY. WITH CONSTANT CHANGES AND IMPROVEMENTS WITHIN THE CLOUD, BUSINESSES OPTING OUT OF THE CLOUD AND ITS SERVICES WILL FIND THEMSELVES WITHOUT A COMPETITIVE ADVANTAGE. SO WHAT IS CLOUD COMPUTING? CLOUD COMPUTING IS A MODEL FOR ENABLING ON-DEMAND NETWORK ACCESS TO A SHARED POOL OF CONFIGURABLE COMPUTING RESOURCES. IT CAN BE RAPIDLY PROVISIONED AND RELEASED WITH MINIMAL MANAGEMENT EFFORT OR SERVICE PROVIDER INTERACTION THE ESSENTIAL CHARACTERISTICS ARE ON-DEMAND BROAD NETWORK RESOURCE RAPID MEASURED SELF-SERVICE ACCESS POOLING ELASTICITY SERVICE SERVICE MODELS FOR CLOUD COMPUTING INCLUDE: SOFTWARE AS 52% USED BY 52% A SERVICE (SAAS) 26% USED BY 26% PLATFORM AS A SERVICE (PAAS) INFRASTRUCTURE AS A SERVICE (IAAS) 25% USED BY 25% 23% DATA AS A USED BY 23% SERVICE (DAAS) SERVICE MODELS FOR CLOUD COMPUTING CAN BE DEPLOYED USING: PRIVATE CLOUD COMMUNITY CLOUD PUBLIC CLOUD HYBRID CLOUD THE MAJORITY OF ARE USING ARE USING 58% BUSINESSES ARE USING BOTH PUBLIC AND 7% PRIVATE CLOUD ONLY 29% PUBLIC CLOUD ONLY PRIVATE CLOUDS (58%) CLOUD COMPUTING ADOPTION HAS EXPERIENCED RAPID GROWTH LATELY 43% OF AMERICAN THE U.S. SMALL BUSINESS CLOUD MARKET REACHED $24B AT THE END OF 2013 BY 2020, 78% OF SMB WILL BE ADAPTED TO SMALL BUSINESSES REPORTED USING CLOUD COMPUTING IN 2013, UP FROM CLOUD COMPUTING ONLY 5% IN 2010 65-70% OF BUSINESSES HOWEVER, 9% OF SMALL WILL MOVE SOME OR SIGNIFICANT AMOUNT OF PROCESSING TO THE BUSINESS OWNERS STILL DO NOT KN OW WHAT CLOUD COMPUTING IS CLOUD IN THE NEXT 12-24 MONTHS WHY ARE BUSINESSES IMPLEMENTING CLOUD TECHNOLOGIES? 24-HOUR ACCESS TO IMPROVED DATA BACKUP APPLICATIONS/DATA 40% SERVICES/DISASTER 42% RECOVERY TOP DRIVERS FOR CLOUD COMPUTING ADOPTION 38% 35% 35% REDUCED ON-SITE INFRASTRUCTURE NEEDED COST SAVINGS SCALABILITY/FLEXIBILITY IN THE AMOUNT OF CAPACITY NEEDED TOP FUNCTIONS USED OR BEING IMPLEMENTED IN THE CLOUD 55% WEB/ OFFICE TOOLS/ 56% 63% EMAIL/COLLABORATION E-COMMERCE PRODUCTIVITY SOFTWARE 54% IT DEPARTMENT 52% MARKETING 50% SALES TOP 10 BUSINESS AND IT FUNCTIONS USED OR BEING IMPLEMENTED FOR CLOUD USAGE IN THE NEXT 12 MONTHS 48% 44% CUSTOMER CARE OPERATIONS 37% PRODUCT HR 39% MANAGEMENT WHAT IS YOUR SMALL BUSINESS MISSING WITHOUT CLOUD COMPUTING? OF CLOUD BEGINNERS 29% ORGANIZATIONS THAT ADOPT CLOUD COMPUTING APPLICATIONS AND TECHNOLOGIES REPORT GREATER SCALABILITY, FASTER ACCESS TO INFRASTRUCTURE, HIGHER 50% OF CLOUD EXPLORERS AVAILABILITY AND FASTER TIME TO MARKET FOR PRODUCTS AND SERVICES 79% OF CLOUD FOCUSED ORGANIZATIONS REPORT THESE BENEFITS THE FARTHER ALONG YOU ARE IN YOUR CLOUD ADOPTION, THE GREATER THE BENEFITS OTHER BENEFITS INCLUDE 23% IMPROVED ABILITY TO 40% 33% ACQUIRE, SHARE, ANALYZE AND ACT ON DATA IMPROVED ABILITY TO MOVE INTO NEW BETTER DELIVERY OF INTERNAL RESOURCES 23% GEOGRAPHIC MARKETS FASTER ROLLOUT OF 37% NEW BUSINESS INITIATIVES 31% O TO EXPLOIT NEW OPPORTUNITIES SIMPLIFICATION OF NEW WAYS FOR EMPLOYEES INTERNAL OPERATIONS TO WORK, CONNECT AND COLLABORATE SOURCES http://csrc.nist.gov/publications/PubsSPs.html http://investor.j2global.com/releasedetail.cfm?releaseid=813287 http://reports.informationweek.com/abstract/5/12526/Cloud-Computing/2014-Cloud-ROI-Survey.html http://sp.parallels.com/products/hosting-cloud-enablement/smb-report/ http://www.ipsos-na.com/news-polls/pressrelease.aspx?id=6499 http://www.nsba.biz/wp-content/uploads/2013/09/Technology-Survey-2013.pdf http://www.oxfordeconomics.com/my-oxford/projects/274048 http://www.pcconnection.com/CloudSurvey http://www.rightscale.com/blog/cloud-industry-insights/cloud-computing-trends-2014-state-cloud-survey http://www.slideshare.net/IntuitInc/future-of-smb-for-slide-sharev2/1 http://www.slideshare.net/mjskok/2014-future-of-cloud-computing-4th-annual-survey-results NJIT New Jersey Institute of Technology mba.online.njit.edu