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10 slides on the cloud

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Cloud computing can help businesses meet demands for greater agility as it is changing the ability for companies to deliver solutions at the new speed of business. Cloud computing solutions have the …

Cloud computing can help businesses meet demands for greater agility as it is changing the ability for companies to deliver solutions at the new speed of business. Cloud computing solutions have the potential to accelerate innovation and time-to-market, enhance customer engagement, and improve connections across the network of suppliers, time zones, and cultures.

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  • 1. pwc.com/us/en/10minutes/cloud-computing.jhtml10 Slideson the cloudAn instant presentation onunderstanding the cloud
  • 2. Understanding the cloudAs executives begin embracing the cloud, Key considerationsthe focus becomes more about businessstrategy and less about technology.However, it’s essential that everyoneunderstand the IT context and the Essentialchoices available to the business. characteristics Deployment Service model modelSource: PwC, View Magazine, Issue 13: Cloud computing gets strategic
  • 3. Essential characteristicsOn-demand self-service Attributes of cloud computingA customer can automatically access computingresources, as needed, without requiring humaninteraction with the provider.Broad network access EssentialServices are available over the network and characteristicsaccessed by a variety of computing platforms.Resource poolingThe provider pools computing resources to servemultiple customers. The resources are dynamicallyassigned according to demand.Rapid elasticityCustomers access just what they need, with Deployment Servicecapabilities quickly scaling up or down. model modelMeasured serviceCloud resource use is automatically managedthrough metering, enabling customers andproviders to monitor, control, and report on usage.Source: PwC, View Magazine, Issue 13: Cloud computing gets strategic
  • 4. Service modelSoftware-as-a-Service (SaaS) Accessing the cloudAn application and its supporting environment(hardware, network, operating system, database,etc.) are managed centrally by a service provider.Users typically access the application through aWeb browser. Essential characteristicsPlatform-as-a-Service (PaaS)This model enables companies to build customcloud-based applications. Everything but the specificapplication code is hosted remotely by a serviceprovider—hardware, network, operating system,and database.Infrastructure-as-a-Service (IaaS) Deployment ServiceHardware and network resources are available model modelon-demand from the service provider, while thecustomer manages any applications and theiroperating systems in-house.Source: PwC, View Magazine, Issue 13: Cloud computing gets strategic
  • 5. Deployment modelPrivate The architecture supporting cloud services:The hardware and software that compose the in-house, shared or a mix of the twoservice are maintained for the use of a singleorganization, which might have distinct businessunits or internal customers. EssentialPublic characteristicsThe service—and its underlying hardware andsoftware—are shared by multiple organizationsor customers.HybridIn this model, a company augments its privatecloud with public-based cloud services whenneeded. Deployment Service model modelSource: PwC, View Magazine, Issue 13: Cloud computing gets strategic
  • 6. Cloud strategyAll areas of your organization will beimpacted by cloud computing, or they nal audit Intershould be if you have a comprehensivestrategy in place. Cloud computing ismore than an IT solution. It represents e nc Ta atransformation for your entire organization x Fin—people, processes, and systems. Impact on business Mark k-in etin loc g& or al d en es s V Ris k & complianceSource: pwc.com/us/en/issues/cloud-computing/index.jhtml
  • 7. Cloud strategyFinance — Identifying cloud servicesand analyzing accounting models will nal audit Interhelp your organization determine how toproceed most efficiently and effectivelywith activities such as research and e nc Ta adevelopment and revenue recognition. x Fin Impact on business Mark k-in etin loc g& or al d en es s V Ris k & complianceSource: pwc.com/us/en/issues/cloud-computing/index.jhtml
  • 8. Cloud strategyInternal audit — In order to accommodatethe move to cloud computing, cloud nal audit Interservice providers will need to modify,upgrade, or replace systems to process,measure, and control use. Buyers of cloud e nc Ta aservices must give themselves the same x Fincontrol and monitoring capability in thecloud that they have on internal networksand servers. Impact on business Mark k-in etin loc g& or al d en es s V Ris k & complianceSource: pwc.com/us/en/issues/cloud-computing/index.jhtml
  • 9. Cloud strategyTax — If you’re buying or selling cloudcomputing services, it is critical to nal audit Interdetermine what you’re buying or selling.You may be leasing equipment, makingservice payments, or paying a license for e nc Ta ausing software—these distinctions are x Finimportant and can have an impact on yourcompany’s tax filings. Impact on business Mark k-in etin loc g& or al d en es s V Ris k & complianceSource: pwc.com/us/en/issues/cloud-computing/index.jhtml
  • 10. Cloud strategyVendor lock-in — The viability andcapabilities of small and start-up cloud nal audit Intervendors could be a concern for long-termcontinuity of service. Enterprises that areusing proprietary vendor technology may e nc Ta aincur heavy costs if they move to another x Fincloud platform. Impact on business Mark k-in etin loc g& or al d en es s V Ris k & complianceSource: pwc.com/us/en/issues/cloud-computing/index.jhtml
  • 11. Cloud strategyRisk and compliance — Cloud computingrepresents a risk, as it moves data and nal audit Interinformation into the hands of a third-party provider for storage, processing, orsupport. Buyers of cloud services will need e nc Ta ato set the criteria for the evaluation of x Fincloud computing providers. Impact on business Mark k-in etin loc g& or al d en es s V Ris k & complianceSource: pwc.com/us/en/issues/cloud-computing/index.jhtml
  • 12. Cloud strategyMarketing and sales — New servicesand products lead to new sales models nal audit Interand customer interfaces. To realize thefull potential of cloud computing, yourorganization needs to understand the e nc Ta avalue of these products and services, x Finand then price them correctly. Impact on business Mark k-in etin loc g& or al d en es s V Ris k & complianceSource: pwc.com/us/en/issues/cloud-computing/index.jhtml© 2011 PricewaterhouseCoopers LLP. All rights reserved. In this document, “PwC” refers to PricewaterhouseCoopers LLP, a Delaware limitedliability partnership, which is a member firm of PricewaterhouseCoopers International Limited, each member firm of which is a separate legal entity.This document is for general information purposes only, and should not be used as a substitute for consultation with professional advisors.10Minutes ® is a trademark of PricewaterhouseCoopers LLP US.