Module II

Online data storage

Online data storage is a virtual storage model that lets users and businesses
upload their data across Internet channels to a remote data network. Data is
stored in the cloud, or stored on servers that are not owned by the person
using them. Other users can also access the same infrastructure.
Examples of online storage include services such as Google Drive,
Dropbox and Apple iCloud.
Relevance of online data storage
• Data storage is a key component of a successful business. You
need to store all the files you're currently processing in accounts
payable, expense reporting, and other departments somewhere you
won't lose them. Written policies, budgeting records, and other
frequently used files have to stay easily accessible.
• The largest benefit of online storage is the convenience of the
system; giving the user a simple way to access their files and share
them with others. Online storing also allows for collaboration
worldwide and the ability to access your files from any internet-
capable device.
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
• Examples of Cloud Computing:
• Dropbox, Facebook, Gmail
• Banking, Financial Services
Google and IBM
• IBM Consulting Services for Google Cloud
Platform supports an open and secure path
to multicloud transformation.
• Companies use IBM cloud computing are –
American Airlines, Ubank, Bitly
 È commerce applications
• An ecommerce application is a software application that is specifically designed to support the creation of an
ecommerce website or add functionality to it. Plug-ins and add-ons to ecommerce website software are
included, but applications that don't have specific ecommerce utility wouldn't be considered
• E commerce applications are-
• Retail and Wholesale.
• Online Marketing.
• Finance.
• Manufacturing.
• Online Booking.
• Online Publishing.
• Digital Advertising.
• Auctions.
Advantages of E commerce
• Faster Buying Process-E-commerce has speed up the whole buying process for customers. They do
not need to visit physical outlets for shopping and can purchase products by just sitting at their
home.
• Eliminates Operating Cost: It has reduced the overall operating cost of businesses. E-commerce
has eliminated the need of opening physical outlets by the business.
• Personalize Shopping Experience: E-commerce enables customers in enjoying personalized
shopping experience.
• Available 24×7: Online shopping facility is available at all the time that is 24 hours a day and 7 days
a week
• Connects far and wide: Online businesses are able to reach and connect to customers at far distant
places with no geographical limits.
• Detailed Product Information: Peoples can acquire a full description in detail regarding the products online.
• Retargets the Customers: Online shopping has made it easy for a business to retargets their
customers.
Disadvantages of E commerce
• Lack of Personal Touch: Customers lack the facility of touching and feeling products in case of
online shopping.
• No Guarantee about Product Quality: Customers cannot get ensured regarding the quality of
products available online.
• No Guarantee about Product Quality: Customers cannot get ensured regarding the quality of
products available online.
• Long Delivery Period: Another major disadvantage of online shopping is that customers need to
wait for longer time periods for getting their products delivered. In the case of offline shopping,
customers get on-spot delivery of their products.
• Cannot try before Buying: Customers cannot take a trial of products before purchasing when they
are doing online shopping.