Challenges and Benefits for Adopting the Paradigm of Cloud Computing

Cloud computing is a rapidly emerging technology that has removed the saddle of buying licensed software and heavy hardware. By exploiting this technology, clients are able to access resources remotely by using a simple web browser. They are not required to maintain hardware devices or software applications, so it saves managing cost and time for organizations. Many industries, such as banking, healthcare, and education, are moving towards the cloud due to the efficiency of services provided by the pay-per-use pattern. The utilization and payment process of cloud computing is similar to other common utilities such as electricity. As the users of electricity are only required to pay for the amount of electricity consumed throughout the month. Similarly, cloud providers charge the users based on the exploitation of a cloud system or resources such as processing power used, transactions carried out, bandwidth consumed, data transferred, or storage space occupied. Cloud computing is a completely internet dependent technology where client data is stored in the data center of a cloud provider. There are various challenges for adopting cloud computing such as privacy, interoperability and reliability. Beside these challenges, there are also several benefits for adopting this technology such as cost savings, easy scalability, and increased productivity. This research paper introduces a big picture of cloud computing and analyzes the key challenges as well as benefits of adopting the paradigm of cloud computing.