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Online data storage uses Internet channels to store information on remote servers kept secure by
service providers. Explore the benefits and challenges of using online data storage, with many famous
companies as examples.
Ease of making reports — Since data is already processed, it can be obtained and used directly. These
processed facts and figures can be arranged appropriately such that it that helps executives in making
quick analysis. Pre-defined reports help professionals in making reports speedily.
Accuracy and speed – Digitization helps to process the information quickly. Thousands of files can be
processed in a minute, storing required information from each. During business data processing, the
system itself checks for and takes care of invalid data or errors. Such processes thus help companies
ensure a high accuracy in information management.
Cost reduction – The cost of digitized processing is much lesser than that of managing and maintaining
paper documents. It decreases expenditure on stationery such as photo copies and mailing by using
digital information and email system. Companies can thus save millions of dollars every year by
improving their data management systems.
Cloud computing
Cloud computing is the on-demand availability of computer system resources, especially data storage
and computing power, without direct active management by the user. Large clouds often have functions
distributed over multiple locations, each location being a data center.
Cloud computing is an internet-based computing service in which large groups of remote servers are
networked to allow centralized data storage, and online access to computer services or resources.
Using cloud computing, organizations can use shared computing and storage resources rather than
building, operating, and improving infrastructure on their own.
Cloud service providers can enable a pay-as-you-go model, where customers are charged based on the
type of resources and per usage.
In 2006, Amazon Web Services (AWS) started to offer IT services to the market in the form of web
services, which is nowadays known as cloud computing. With this cloud, we need not plan for servers
and other IT infrastructure which takes up much of time in advance. Instead, these services can instantly
spin up hundreds or thousands of servers in minutes and deliver results faster. We pay only for what we
use with no up-front expenses and no long-term commitments, which makes AWS cost efficient.
Today, AWS provides a highly reliable, scalable, low-cost infrastructure platform in the cloud that
powers multitude of businesses in 190 countries around the world.
Compute Service
These services help developers build, deploy, and scale an application in the cloud platform.
•AWS EC2
It is a web service that allows developers to rent virtual machines and automatically scales the
compute capacity when required.
It offers various instance types to developers so that they can choose required resources such as CPU,
memory, storage, and networking capacity based on their application requirements.
•AWS Lambda
It is a serverless compute service. It is also responsible for executing code for applications.
•Storage
AWS provides web data storage service for archiving data. Also, its primary advantage is disaster data
recovery with high durability.
•Amazon S3
It is an open cloud-based storage service that is utilized for online data backup.
Amazon S3 provides storage through a web services interface and is designed for developers where
web-scale computing can be easier for them. Click here, to know more.
•Amazon EBS
It provides a high availability storage volume for persistent data. It is mainly used by Amazon EC2
instances.
EBS volumes are used explicitly for primary storage such as file storage, databases storage, and block-
level storage.
•Database
AWS database domain service offers cost-efficient, highly secure, and scalable database instances in the
cloud.
•DynamoDB
It is a flexible NoSQL database service that offers fast and reliable performance with no scalability
issues.
It is a multi-region and durable database with instant built-in security, backup and restores features
•RDS
It is a managed distributed relational database cloud service that helps developers to operate and
scale a database in a simple manner.
We launched it to simplify the setup, operation, and scaling process for developers while accessing a
relational database.
It offers a highly secure cloud platform and connects your physical network to your private VN with a
high transfer speed.
•VPC
It helps a developer to deploy AWS resources, such as Amazon EC2 instances into a private virtual
cloud.
It gives you control over the complete cloud network environment, including the section of your IP
address range, subnets, route table configuration, and network gateways.
With this, developers can both IPv4 and IPv6 at a time for your resources in a highly secure
environment.
•Route 53
It is a web service with a highly available Domain Name System (DNS) that helps users to route
software by translating the text into an IP address.
We launched it for developers to provide them a cost-effective method of routing end users to cloud
applications.
GCP contains a distinct set of cloud services for computing, cloud storage, and application
As for the users of this platform and the beneficiaries of Google Cloud services are all
interested in the IT sector from software developers, and cloud computing administrators, to
IBM
1. Compute Infrastructure – includes its bare metal servers (single-tenant servers that are
highly customizable), virtual servers, GPU computing, POWER servers (based on IBM's POWER
Foundry runtimes
3. Storage – includes object, block and file storage, as well as server-backup capabilities
4. Network includes load balancing, Direct Link private secure connections, network
5. Mobile – includes IBM's Swift tools for creating iOS apps, its MobileFirst Starter package for
getting a mobile app up and running, and its Mobile Foundation app back-end services
6. Watson – includes IBM's artificial intelligence and machine learning services, which it calls
“cognitive computing," such as Discovery search and content analytics, Conversation natural
7. Data and analytics – includes data services, analytics services, big data hosting, Cloudera
8. Internet of Things – includes IBM's lot platform and its loT starter packages
9. Security – includes tools for securing cloud environments, such as a firewall, hardware
security modules (physical devices with key management capabilities), Intel Trusted Execution
10. DevOps – includes the Eclipse IDE, continuous delivery tools and availability monitoring
11. Application services – includes Blockchain, Message hub and business rules, among others
12. Integration – includes tools for building virtual bridges for hybrid cloud and multi-cloud
Ecommerce applications
E-retailing or on-line retailing is the selling of goods from Business-to-Consumer through electronic
stores that are designed using the electronic catalog and shopping cart model.Cybermall is a single
Website that offers different products and services at one Internet location. It attracts the customer and
the seller into one virtual space through a Web browser.
2 Marketing:
Data collection about customer behavior, preferences, needs and buying patterns is possible through
Web and E-commerce. This helps marketing activities such as price fixation, negotiation, product feature
enhancement and relationship with the customer.
3 Finance
Customers can check the balances of their savings and loan accounts, transfer money to their other
account and pay their bill through on-line banking or E-banking.Another application of E-commerce is
on-line stock trading. Many Websites provide access to news, charts, information about company profile
and analyst rating on the stocks.
4 Manufacturing
Some companies form an electronic exchange by providing together buy and sell goods, trade market
information and run back office information such as inventory control.This speeds up the flow of raw
material and finished goods among the members of the business community. Various issues related to
the strategic and competitive issues limit the implementation of the business models.Companies may
not trust their competitors and may fear that they will lose trade secrets if they participate in mass
electronic exchanges.