Cloud Computing: An Innovative Tool for Business Progress

Cloud computing provides a way for business to manage its computing resources online. The term has evolved over recent years, and can be used to describe the use of a third party for storage and computing needs. Cloud computing allows businesses to access information virtually, creating a flexible and global way of accessing data any place, any time. It enables all businesses to get the best of technology at extremely economical costs. While a lot of research is currently taking place in the technology itself, there is an equally urgent need for understanding the business-related issues surrounding cloud computing. In this paper, we identify the strengths and weaknesses for the Cloud computing in prospective of business and few companies providing different services to use cloud.