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Cloud Computing

In: Trends and Challenges in Digital Business Innovation

Author

Listed:
  • Vincenzo Morabito

    (Bocconi University)

Abstract

During the last decade, the Information and Communication Technology (ICT) industry has been transformed by innovations that fundamentally changed the way we use computers, how we access information, how businesses derive value from ICT and how consumers live their daily lives. This fast evolution made the ICT able to cover more areas in business and other fields. It can be used to reduce costs by keeping accurate records of all the transactions that are happening in the company, which enables better stock controlling by using Electronic Point of Sales (EPOS), Electronic Data Interchange (EDI) and Electronic Funds Transfer at Point of Sale (EFTPOS), and allows improved automation of the production process by using computer controlled machines. Moreover, marketing has benefited from ICT in many ways such as analyzing the results of market research in more effective ways by utilizing the capabilities of Business Intelligence (BI), ICTs have important role in improving communications between the different departments and branches within the same company, among other firms by using mobile phones, emails, intranet, internet, and faxes, and between the business and its customers. One important new development in the ICT field is the cloud computing, which will be investigated in details in this Chapter.

Suggested Citation

  • Vincenzo Morabito, 2014. "Cloud Computing," Springer Books, in: Trends and Challenges in Digital Business Innovation, edition 127, chapter 0, pages 23-45, Springer.
    • Handle: RePEc:spr:sprchp:978-3-319-04307-4_2
    DOI: 10.1007/978-3-319-04307-4_2
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