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Jordan Wissel Eric Lewis Sarah Basile. Introduction This presentation will analyze: Overview/History Implementation Advantages/Disadvantages Security.

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Presentation on theme: "Jordan Wissel Eric Lewis Sarah Basile. Introduction This presentation will analyze: Overview/History Implementation Advantages/Disadvantages Security."— Presentation transcript:

1 Jordan Wissel Eric Lewis Sarah Basile

2 Introduction This presentation will analyze: Overview/History Implementation Advantages/Disadvantages Security Issues SWOT Analysis Accounting Implications

3 Video https://youtu.be/JhS_iysIAFk

4 Overview Idea 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

5 Origin of “Cloud Computing”

6 Deployment Models Private Cloud Public Cloud Community Cloud Hybrid Cloud

7 Types of Cloud Services SaaS – Software as a Service PaaS – Platform as a Service IaaS – Infrastructure as a Service

8 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 vendor 5. Perform a cost analysis of potential savings 6. Have tech person help implement cloud computing

9 Other Considerations of Implementation Obtain information about providers security system Look at the 10 key elements of the provider’s security protocols

10 10 Key Elements of Cloud Security 1. Physical security 2. Software updates 3. Keeping public traffic separate 4. Separate Domain Name System (DNS) 5. Edge Computing Capabilities 6. Encryption utilization 7. Intelligent network design 8. Environment isolation 9. User access policies 10. Monitoring

11 Benefits/Advantages Access from anywhere/anytime Reduced costs Space savings Lower barriers for innovation Scaled resources Increased compliance

12 Risks/Disadvantages Security concerns Privacy concerns Reach versus rich Reliability Bandwidth

13 Security/Privacy Issues Security Confidentiality Integrity Availability Privacy Personal Information Solution Trusted Third Party

14 SWOT Analysis StrengthsWeaknessesOpportunitiesThreats 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-friendlyLack of standards. Less personnel training is needed Incompatibilities with certain devices GovernmentPossibility of third-party bankruptcy

15 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

16 Conclusions Overview/History Implementation Advantages/Disadvantages Security Issues SWOT Analysis Accounting Implications

17 Discussion of Cloud Concerns Do recent cloud security breaches discourage you from using the service? (iCloud, Google Docs) Leaked celebrity pictures

18 Question?


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