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How are businesses changing as a result of the use of Internetand cloud computing resources?...

How are businesses changing as a result of the use of Internet and cloud computing resources?

Discuss specific technology disruptors the industry/business sector has seen in the last 1-3 years.

Explain how the use of Internet and cloud computing resources has helped the company gain competitive advantage by providing a specific example.

PLEASE do not copy other answers from Chegg thank you

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Answer #1

Internet and Cloud Computing In Business

The business was always a tricky and hard activity to engage in and business organizations and its management needed to use a lot of manpower to run the business organization in the market. But as the technology improves and business gets the options of using services like internet and cloud computing the process of handling business to become more easy and manageable and this is the reason technology and all its services like internet and cloud computing has played a vital role in transforming the organization and its day to day operations. Now the organizational management can handle multiple locations easily as they can access data worldwide through internet and cloud computing and monitor their performance and they don't need to even leave their office. This has made business management much more efficient and effective.

Now let us discuss some technology disruptors the industry/business sector has seen in the last 1 - 3 years.

  • One of the major technology disruptors that organizations have faced in the last 1 - 3 years is the usage of data. This has greatly impacted the usage of internet and cloud computing for business operations. In recent years the government came up with the issues that as personal data of the people are shared with the organization through the internet there is a chance of miss using that data due to which the government has started closely monitoring and implementing restrictions in using any specific kind of data.
  • As the technology is improving after every interval of time there are new tools and techniques that also comes in the market and in order to stay in the competition the organization needs to invest in those tools and learn their uses and implement them in their organization which can sometimes require changes within the organization which totally distract the organization attention.

Now let us discuss the competitive advantages of using internet and cloud computing resources in business

  • The first and most beneficial part of using the internet and cloud computing for business is the uninterrupted accessibility of the organizational data that means we can access any data from any time from our portal device which truly helps to monitor the current situation and make necessary decisions instantly.
  • The organization can share data easily and quickly which is truly affordable as well. Through this service the organization can share important data anywhere safely and start working on any project quickly which reduces the planning cost and improves the organizational efficiency which is truly required to stay in the market for a longer period of time.
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