Cloud ComputingJordan Wissel

Eric LewisSarah Basile

IntroductionThis presentation will analyze:

Overview/HistoryImplementationAdvantages/DisadvantagesSecurity IssuesSWOT AnalysisAccounting Implications

Videohttps://youtu.be/JhS_iysIAFk

OverviewIdea originated in 1960s from J.C.R. Licklider

His vision- “everyone on the globe to be interconnected and accessing programs and data at any site, from anywhere”

Simple definition- “on-demand computing resources that a company outsources from cloud service providers and access from the internet”

Four Models

Cloud Services

Origin of “Cloud Computing”

Deployment Models

Private Cloud

Public Cloud

Community Cloud

Hybrid Cloud

Types of Cloud Services

SaaS – Software as a Service

PaaS – Platform as a Service

IaaS – Infrastructure as a Service

Implementation Six Steps for Transitioning to the Cloud

1. Analyzing costs, benefits, and other reasons of influence

2. Most important features needed in the near future

3. Work with a tech person to look at different vendors

4. Do research on each vendor5. Perform a cost analysis of potential savings6. Have tech person help implement cloud

computing

Other Considerations of Implementation

Obtain information about providers security system

Look at the 10 key elements of the provider’s security protocols

10 Key Elements of Cloud Security1. Physical security2. Software updates3. Keeping public traffic separate4. Separate Domain Name System (DNS)5. Edge Computing Capabilities6. Encryption utilization7. Intelligent network design8. Environment isolation9. User access policies10.Monitoring

Benefits/AdvantagesAccess from anywhere/anytimeReduced costsSpace savingsLower barriers for innovationScaled resourcesIncreased compliance

Risks/DisadvantagesSecurity concernsPrivacy concernsReach versus richReliabilityBandwidth

Security/Privacy IssuesSecurity

Confidentiality IntegrityAvailability

PrivacyPersonal Information

SolutionTrusted Third Party

SWOT AnalysisStrengths Weaknesses Opportunities Threats

More computing power on the fly

Loss of physical control of information

Easier for developing countries

Handing operations to third-party

Control how, when, and where parties have access to resources

Possible downtimes during increased demand periods

Eco-friendly Lack of standards.

Less personnel training is needed

Incompatibilities with certain devices

Government Possibility of third-party bankruptcy

How to Account for Cloud Computing

For Customers:No current applicable GAAP

Pricing Systems for Providers:2 Most Practiced Systems

Time Based Pricing Utility Based Pricing

Conclusions Overview/HistoryImplementationAdvantages/DisadvantagesSecurity IssuesSWOT AnalysisAccounting Implications

Discussion of Cloud Concerns Do recent cloud security breaches discourage

you from using the service? (iCloud, Google Docs)

Leaked celebrity pictures

Question?