1. Shashank Melkote sm3190

2.  Cloud Computing Cloud computing is Internet-based computing, whereby shared resources, software and information are provided to computers and other devices on-demand, like a public utility.Internetcomputing  Saas: Software as a service (SaaS, typically pronounced 'sass') is a model of software deployment over the internetsoftware deployment

3.  Low cost of entry  No hidden costs  Onus on the vendor to deliver a good and secure product  Less risky investment

4.  Online connectivity  Data security  Uptime of data and availability  Uncertain payment methods

6.  Reduces cost of software Create a more generalized software that caters to most of the needs of an average user. Charge premium rates for additional features  Eradicate issues related to software up gradation By regularly releasing new versions of the software it becomes difficult for users to keep up to date with the latest versions.  One central repository of all data and reduction of redundancy Keep one repository of data which can be accessed from multiple devices.

7.  Processing speed on demand Two industries that need high computational speed to take their business to the next levels  Healthcare  Finance  One license per user This allows the user to use the software service anywhere and not restricted to any hardware

8.  Reduction in piracy As all content is on the internet as can be accessed only via login, and content not being downloadable it makes it difficult for piracy

9.  Faster rates of data connectivity  Reliable connectivity  Need for new protocols

10.  User/ Customers view Reduction of costs a great news Flexibility of using services  Vendor/Providers view Reduce piracy Generate processing power and take industries to the next level

11.  [1] http://www.internetworldstats.com/stats.htm http://www.internetworldstats.com/stats.htm  [2] http://www.jimkukral.com/what-are-the-reasons- people-use-the-internet-if-you-dont-know-now-you- do/ http://www.jimkukral.com/what-are-the-reasons- people-use-the-internet-if-you-dont-know-now-you- do/  [3] http://news.cnet.com/8301-17938_105-9727337- 1.htmlhttp://news.cnet.com/8301-17938_105-9727337- 1.html  [4] http://www.gartner.com/it/page.jsp?id=1224645http://www.gartner.com/it/page.jsp?id=1224645  [5] Software as a Service (SaaS)-A look at the migration of applications to the web  [6] http://www.bridging-the-gap.com/pros-and-cons- of-software-as-a-service-models/ http://www.bridging-the-gap.com/pros-and-cons- of-software-as-a-service-models/  [7] Gartner - Who's Who in Application Platforms for Cloud Computing: The Enterprise Generalists