CLOUDNOVATION - Innovation in Cloud Computing: A perspective on Innovation in Cloud Computing

In just a few short years, cloud computing has taken the corporate world by storm. According to a recent survey conducted by IBM and the Economist Intelligence Unit, 67 percent of companies with revenues less than U.S. $1 billion have adopted cloud at some level. Companies recognize that being able to share resources changes the economics of business by eliminating the hefty budgets that comes with dedicated hardware. It’s a win-win situation. The company saves money while its employees spend less time on IT maintenance. This ebook addresses how companies must focus on cloud innovation now to modernize not only IT, but their entire business. The ebook delves into the characteristics of true cloud which integrates and automates an increasingly complex and sophisticated array of tasks.The topics deals with how to innovate using cloud as a tool in different disruptive ways. Certainly tapping into the cloud to drive innovation may not be as readily apparent or as easy for businesses as using cloud to reduce fixed IT costs. It requires forcing businesses to consider cloud in entirely new ways. The topics depicts that Cloud technology is not a commodity; it’s a strategic resource.Cloud computing is being used by a growing number of businesses of all sizes as a way to obtain secure access to advanced technology that is not necessarily owned or hosted by the user. The variety of applications and approaches to cloud solutions and the different resources companies can draw on will make a difference in how they implement cloud computing into their business."Cloud computing" includes three basic categories: cloud applications, cloud platforms, and cloud infrastructure. The first two categories are included under the general heading of software as a service" (SaaS) as is the system infrastructure software part of cloud infrastructure. The SaaS part of cloud computing holds the largest share of total cloud spending, roughly two-thirds, with spending increasing by almost 18% annua