What does PaaS stand for?
Platform as a Service
Name all four stakeholders in cloud computing?
1. Consumers
2. Providers
3. Enablers
4. Regulators
True or false:
Mantra 4: Compliance and Security Risk have to be Accepted
Answer: True - certain compliance and security risks must be accepted, in order to adopt cloud computing
True or False: Cloud computing allows businesses to make upfront capital investments in IT infrastructure
False: Cloud computing allows firms to reduce upfront Capex by paying for operational services instead
Name one of the five advantages to cloud computing
1. Lower Cost of entry for smaller firms
2. Lower Capex spend - immediate access to hardware
3. Lower IT barriers to innovation
4. Scalability and Flexibility of services
5. New class applications
For which types of firms does it make more sense to use cloud computing? (Hint think about the size of the firm)
Answer: SMEs
What does the first Mantra say?
High cost advantages can be achieved through minimising upfront investments and turning fixed costs into variable costs.
Does the Second Mantra relating to shorter implementation times hold for Bayer? Explain the key points.
Shorter Implementation Times:
True: Holds for Emerging markets with no CRM systems and less regulatory requirements.
False: Does not hold for European regions with more stringent regulations.
Which of these of the following is not an "established player"?
1. IBM
2. Google
3. Cisco
4. Microsoft
3. Cisco - is a key technology provider
Fill in the blank: Governments need to ensure that cloud computing providers comply with regulations regarding data privacy, security, and data location, as the physical location of data could be in _______ countries, raising concerns about which country's privacy laws apply.
Answer: different
Name and explain one of the firm context inhibiting factors?
1. Business processes complexity
2. Regulatory differences
3. Distribution of IT Ownership
Name and explain one of the lessons learned?
Example:
1. Consider Multi-Platform Strategy
2. Perform a Competitive Vendor Review and Negotiate Contact Terms