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Cloud computing is a combination of technologies, including grid computing and distributed computing, that use the Internet as a network for service delivery. Organizations can select the price and service models that best accommodate their demands and financial restrictions. Cloud service providers choose the pricing model for their cloud services, taking the size, usage, user, infrastructure, and service size into account. Thus, cloud computing’s economic and business advantages are driving firms to shift more applications to the cloud, boosting future development. It enlarges the possibilities of current IT systems.
Over the past several years, the ”cloud computing” industry has exploded in popularity, going from a promising business concept to one of the fastest expanding areas of the IT sector. Most enterprises are hosting or installing web services in a cloud architecture for management simplicity and improved availability. Virtual environments are applied to accomplish multi-tenancy in the cloud. A vulnerability in a cloud computing environment poses a direct threat to the users’ privacy and security. In our digital age, the user has many identities. At all levels, access rights and digital identities must be regulated and controlled.
Identity and access management(IAM) are the process of managing identities and regulating access privileges. It is considered as a front-line soldier of IT security. It is the goal of identity and access management systems to protect an organization’s assets by limiting access to just those who need it and in the appropriate cases. It is required for all businesses with thousands of users and is the best practice for ensuring user access control. It identifies, authenticates, and authorizes people to access an organization’s resources. This, in turn, enhances access management efficiency. Authentication, authorization, data protection, and accountability are just a few of the areas in which cloud-based web services have security issues. These features come under identity and access management.
The implementation of identity and access management(IAM) is essential for any business. It’s becoming more and more business-centric, so we need more than technical know-how to succeed. Organizations may save money on identity management and, more crucially, become much nimbler in their support of new business initiatives if they have developed sophisticated IAM capabilities. We used these features of identity and access management to validate the robustness of the cloud computing environment with a comparison of traditional identity and access management.
Cloud computing has revolutionized the way businesses operate by providing them with access to scalable, cost-effective, and flexible IT resources. This technology has enabled businesses to store, manage, and process data more efficiently, leading to improved competitiveness and increased revenue. The purpose of this thesis is to explore the impacts of using cloud computing from a business perspective. The research employs both primary and secondary sources of data, including a literature review, interviews with employees who have more than 5 years of experience, a questionnaire, and observations from Billwerk+ company.
The findings of this research indicate that cloud computing has had a significant impact on businesses, providing them with cost savings, improved agility and flexibility, and enhanced access to data and applications. However, it has been revealed that the benefits of cloud computing for companies may vary according to the departments of the employees. The results of this research contribute to the existing body of knowledge on the topic of cloud computing and its impact on businesses. The findings of this thesis can be used by business owners, managers, technology professionals, and students to make informed decisions about the adoption and use of cloud computing technology.
In conclusion, this thesis provides a comprehensive understanding of the impacts of using cloud computing from a business perspective, highlighting the factors that companies consider when deciding to use cloud environments and the views from different departments. The results of this research will be valuable to a wide range of individuals interested in exploring the implications of cloud computing for businesses.