Governance in the Cloud Research Paper Example | Topics and Well Written Essays - 750 words

Governance in the Cloud - Research Paper ExampleCurrent governance strategies mustiness be closely evaluated when translating to the smear environment due to unique characteristics and difficulties presented with the manipulation of the cloud. The term cloud figurer has been thrown around all too a lot as of late and some tend to use it as a buzz word without fully go throughing what the cloud is. The term Cloud computer science describes Internet-based technology (either software, platform, stem or a combination) that stores and processes information and is provided as an on-demand service (Speed 1). It is the on-demand feature of this outsourcing solution that draws numerous to the cloud as it projects scalability and increased availability to lymph glands. These advantages of cloud computing cut both ways as there are some concerns raised with each of these and in addition with the security and governance of the cloud environment. Cloud services offer scalability with t he option to rapidly increase/decrease storage and processing violence to meet current demands. Though scalable, cloud environments are not very flexible as they often upgraded, such as forcing users to adapt to new operating systems in the case of PaaS (Platform as a Service). This is not always the case as some cloud services, such as Amazons EC2, offer a lot of flexible options however setting them up and maintaining the configuration takes more effort and skill than other out-of-the-box offerings (Speed). Despite this potential draw back they are still flexible in that they give the bounce easily be turned on and off at will without committing to large upgrades in infrastructure and/or software. This scalability and flexibility provide the potential for a great savings in the IT bottom line. To understand the basics of cloud economics we must consider the risk and reward of cloud services versus conventional IT cost over time. Traditional IT projects are an immense undertaki ng requiring vast amounts of resources furthermore they fall into a lifecycle and eventually pick up upgraded or replaced at an additional cost. The advantage to cloud computing is that when an upgrade is mandatory or available it applyed in a relatively short time and a more lower cost, typically the client organization will see no increase in cost. The client organization can reap this benefit due to the economy of scale with the Cloud provider share cost across all users. Considering Fig 1 (Speed, p. 2) we can see the benefit cloud computing offers on a long term basis. When looking to upgrade software or infrastructure it is lots easier for the finance department to handle a more balanced financial requirement vice the dramatic cycle that the traditional IT approach subjects us to. Using COBIT to Manage Benefit, Risks and Security in the cloud In this ever-increasing competitive world, companies are heavily relying on data and information to make complex decisions on manip ulate and risks that would be rapid and flourishing. However, for this purpose management needs to be familiar with the actions that should be taken and how to implement them. In this scenario, organizations require an objective method to recognize where they are and where they need to make improvements they as intumesce require being capable to execute management tool kits to observe this development. Control Objectives for Information and related Technology (COBIT) is a set or group of resources that holds all the information that a business would need to put into