Cloud Computing and Management

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Our world is constantly upgrading. With the introduction of movable type by Johannes Gutenberg the major idea of making everything fast became the mission of life. The world of business is constantly changing. The process of how things are handled is different than years past. It is at the most importance to stay ahead of the competition as much as possible. The key to have a competitive advantage is having access to knowledge of new technology that may have the capability to increase work speed and productivity. Another part of competitive advantage is cost competiveness. The new evolution of computing cloud computing is going to be a great completive advantage for business departments around the world especially in the management field. This will have appositive effect on the management side of business in this global economy.
What is Cloud Computing
Cloud computing is the storing and accessing data and programs over the Internet instead of your computer's hard drive. The cloud is just a metaphor for the Internet. This means that all hard drives would be useless. When you store data on--or run programs from the hard drive, that's called local storage and computing. Cloud computing is a complex structure. It is organized into three different models: Infrastructure as a Service, Platform as a Service, and Software as a Service. The three main delivery models are the public cloud, the private cloud, and the hybrid cloud. The public cloud allows for public access. The private cloud is for private use. The hybrid cloud is the mixture of the two. The cloud can allows for anyone to access it at any time. Google chrome resembles the functions of cloud computing. Instead of saving your documents to your personal hard dri...

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...avel from station to station and keep all of his information in one central location. While working in different stations across the world the manager will be able to run test and keep all the information all the cloud instead of transferring it from computer to computer.
Financial Management
Financial Management means the efficient and effective management of money (funds) in such a manner as to accomplish the objectives of the organization. It is the specialized functions directly associated with the top management. Keeping up with financial records is a must in the business world. By moving financial information management systems to the cloud access
Conclusion
Every aspect of the management world deals with computer technology. Though the people who use it, use it differently. With the invention of cloud computing a new aspect of computer technology has

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