Cloud Computing - Opportunities and Challenges
The IT industry was the worst hit by the recent US economic meltdown. So IT giants had to start a search to find ways of providing the best optimal services with minimum cost. With the profit margin of almost every IT company declining, it had become necessary to find a way out for survival. Finding innovative ways to keep the business margin ticking was the need of an hour. With the database not providing the scalability option and with increasing infrastructure costs, there arose a need to implement a solution which could mitigate these two critical issues. In such a scenario, cloud computing emerged as a disruptive wave, promising to deliver IT as a service in the most cost-effective manner.