How business work Assignment Example | Topics and Well Written Essays - 250 words - 1

How business work - Assignment Example The key disadvantage is that it does not provide grants or financial loans to entrepreneurs. Moreover, once the business starts, SBDC does not help in day today business and one is more or less, left alone to cope with business and new challenges as one interacts with various stakeholders like customers, suppliers etc. Yes, one day I do envisage myself as a business owner working with SBDC and group of new students. SBDC provides students with huge opportunities of learning the intricacy of businesses and helps them to identify new opportunities and factors that impact business. SBDC encourages students and entrepreneurs to exploit personal competencies through innovative ideas and business plans that can be successfully implemented. It also helps expand the horizon of their experience by exposing them to different businesses and different working condition so that they become aware of the ways business is run. They learn how innovative measures can considerably increase productivity and grow. As such, their exposure to myriad business imperative encourages them to develop lateral thinking to identify new opportunities of growth. (words:

Trends in Cloud Computing Assignment Example | Topics and Well Written Essays - 1000 words

Trends in Cloud Computing - Assignment Example The users of the technology need not to have knowledge of, expertise in, or control over the technology infrastructures "in the cloud" that supports them. Buyya et al. (2009) stated that the concept incorporates infrastructure as a service (IaaS), platform as a service (PaaS) and software as a service (SaaS) as well as Web 2.0 and other recent technological trends that have the common theme of dependency on the Internet for meeting computing needs of the users. Examples of such providers are Dropbox.com, Salesforce.com, and Google Apps, which all provide common business applications online that are accessed from a web browser, while the software and data are stored on the servers. Referring to the writings by Cohen (2012) the term cloud is used as a metaphor for the Internet, based on how the Internet is depicted in computer network diagrams, and is an abstraction for the complex infrastructure it conceals. The diagram below helps to demonstrate the architecture of cloud computing an d how it incorporates the use of other technologies in order to provide a variety of applications of services. Figure 1: Graphical representation of cloud computing Sources: http://www.dummies.com/how-to/content/comparing-public-private-and-hybrid-cloud-computin.html In the writings by Saboowala et al. (2013), they stated that cloud computing mainly involves software as a service and utility computing. Under Software as a Service, cloud computing is known for providing an application via the internet, which ends up being used by millions of people located in different corners of the world. Under utility computing, it is noted that cloud computing provide storage and virtual servers that users can easily access on real time basis. The top trends in cloud computing In the writings by Cohen (2012), he noted that the latest trends in cloud computing are because of continued application of cloud computing in various forms, and therefore, the technology has been realigning itself to the c hanging needs of providers and businesses, which has created new utility options for the technology of which key among them is big data analytics. Big data analytics According to Schlesinger (2013), big data analytics is one of the latest trends in cloud computing and it refers to the capability of cloud computing to manage big amounts of data from various sources. Therefore, the latest trends is the analysis of big data that is available â€Å"in the cloud† in a single approach without any sub-division of data into manageable chunks. The big data analytics enables organizations to carry an analysis of data that that is generated from a long period of time from multiple sources using a common approach. For example, Buyya et al. (2009) stated that within the public cloud, access can be obtained to individual files containing variety of data from different businesses within the same industry and the analysis of such data will provide a global outlook of the entire industry. Big data analytics services by cloud computing provide key benefits of reduced cost in analyzing wide data and shortened duration of analyzing data. Increased application of hybrid clouds Cohen (2012) wrote that as businesses are increasingly identifying the benefits of cloud computing they are equally increasing their adoption of the use of cloud computing for various business purposes. This has resulted in a trend