Emerging Trends In Cloud Computing: Is It A Friend Or Foe For The Economic Development And New Age Of Globalisation: A Case Study Approach
||International Journal of Computer Trends and Technology (IJCTT)||
|© 2019 by IJCTT Journal|
|Year of Publication : 2019|
|Authors : Dr. Kamaljit Kaur , Tajinder Singh Sahdev , Anmoldeep Singh Sahdev|
|DOI : 10.14445/22312803/IJCTT-V67I5P111|
MLA Style:Dr. Kamaljit Kaur , Tajinder Singh Sahdev , Anmoldeep Singh Sahdev"Emerging Trends In Cloud Computing: Is It A Friend Or Foe For The Economic Development And New Age Of Globalisation: A Case Study Approach" International Journal of Computer Trends and Technology 67.5 (2019): 63-69.
APA Style:Dr. Kamaljit Kaur , Tajinder Singh Sahdev , Anmoldeep Singh Sahdev (2019). Emerging Trends In Cloud Computing: Is It A Friend Or Foe For The Economic Development And New Age Of Globalisation: A Case Study Approach International Journal of Computer Trends and Technology, 67(5), 63-69.
Cloud computing is a sort of internet-based computing process which on requirement shares the available processed data to computers and other devices. According to Pang(2015) by the end of 2019, the total market opportunity will have the cloud-application subscription and the revenue that will be generated out of it will be 35 percent of the existing market. The growth of individual cloud service providers such as AWS, AZURE, GCP, IBM, ORACLE, Alibaba, etc. reflects in similar lines. These service providers build several data centers around the world, and then use these facilities to provide services to customers from different countries. Major credit goes to the global infrastructure of the cloud, multiple data centers around the world, which ensures the accessibility and availability of critical business data. The main aim and objective of the study are to study the emerging trends in cloud computing and whether it is a friend or foe for the economic development and new age of globalization. The methodology adopted for the research paper is the case study approach. The data is collected different from various secondary sources and the websites of the industry who have adopted cloud computing and study the resultant factors of cloud computing and its impact on globalization. Findings of the study: The cloud computing adoption trends by different sectors of industry to bring agility and business transformation have an impact on globalization. The research paper has implications for managers and researchers. The paper further focuses on the impact of cloud computing on organizations and globalization in the near future.
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Cloud computing, globalization, technology, economics