Information flow is a crucial part today in the business parlance. The changes in the technology, both in the infrastructure and the supporting software are fuelling the growth of information systems and its role in the overall business process.

1. Business Information System Progress Report
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Abstract
STC Enterprise Cloud Services are utility-based virtual hosting solutions for the servers and
data driving the business for various organizations. STC provides a complete, managed, on-
demand IT infrastructure ecosystem for customers and businesses to load and run their
applications. Charges for the same are as per the data storage requirements. The system
facilities are supervised by a team of specialized experts on a 24*7 basis. (STC, 2012)
Telecom operators eager to exploit this wave of opportunity are actively exploring their
position in the emerging cloud value chain, some through direct investments while others
through partnerships and acquisitions. U.S.-based Verizon, for instance, reported that it has
spent well over US$2 billion in 2011 alone, including a major acquisition, in a bid to capture
“a big share” of the global cloud services opportunity, whereas France Telecom’s Orange
Business Services has invested €750 million in its global network backbone in 2011 to
achieve the requirements for cloud based service delivery. Telstra, meanwhile, which has
partnered with leading software, hardware and IT services companies, declared that cloud
offerings will generate 25 to 30 percent of its total revenue within the next five years. The
Australian operator plans to make $800 million, cloud-related investments during the next
five-year period (Bhiksheswaran, 2011).