Answer to Question #323652 in Computer Networks for TEEKAY

Question

What kind of businesses are most likely to benefit from using Cloud computing?

Provide justification for your answer. 

Answer 1

As cloud computing has taken greater roles in the business world, there are many types of business industries that can take advantage and gain more profit by utilizing cloud computing. Such businesses include the automotive industry which has a heavy dependence on data availability. Herein, the cloud ensures that automotive companies have a shared location for inventory that can be easily accessed. Another industry is education in which schools have found the cloud an invaluable solution to students accessing information in a single collection. Also, industries including financial and banking, real estate, hotels and healthcare, production insurance can benefit from cloud computing services. According to Vajjhala (2021), these industries can utilize cloud computing to enhance security, flexibility, efficiency and survival in the market considering how most companying are shifting to the digital environment.

Furthermore, cloud computing is beneficial to small businesses such as online retailers as they find using cloud infrastructure services more efficient. Cloud computing provides services that are more cost-effective and time-efficient given that clients pay the company as a substitute to manage and maintain their data.

Reference

Vajjhala, N. R. (2021). Big data using cloud computing-opportunities for small and medium-sized enterprises.