Knowledge@SMU

Authors

Knowledge@SMU

Publication Type

Journal Article

Publication Date

12-2010

Abstract

Many organisations invest heavily in information technology, acquiring the best IT equipment, backup for the best IT equipment, and hiring highly skilled and reputable IT consultants and vendors. While a great IT infrastructure will be critical to business success, its escalating costs have become somewhat prohibitive, thanks, in part, to a vicious lock-in cycle that handcuffs organisations to heavy machines. Enter cloud computing – a new paradigm in IT management that slashes capital expenditure and operating costs. Amazon.com, which runs the world's largest online retail store on a cloud, believes that cloud computing is the way forward for the connected business.

Disciplines

Business | Technology and Innovation

Copyright Owner and Holder

Copyright © Singapore Management University 2012

Article ID

1328

Subject(s)

Technology and Information Systems

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