Your company is evaluating the option of renting some of its computing services from a cloud provider.
Question:
Your company is evaluating the option of renting some of its computing services from a cloud provider. After many discussions, your company is considering renting only the accounting module. Your supervisor has asked you to develop, as soon as possible, a short document about how this type of service is provided by a cloud computing provider and the necessary steps that should be taken to implement this service. (Q6.4, 6.5)
Your report to your supervisor would include:
1. The problems with and opportunities for cloud migration
2. The risk associated with using a cloud accounting system
3. How important is the reliability of the service provider (for example Amazon.com)?
4. Issues associated with cloud service interruption
Migrating into cloud is considered a project and like all IT technologies should go through all phases of systems development life cycle.
Fundamentals of Financial Management
ISBN: 978-0324272055
10th edition
Authors: Eugene F. Brigham, Joel F. Houston