Cloudcomputing - represents a new way to deploy computing technology to give users the ability to access, work on, share, and store information using the internet.
The ideal way to describe Cloud Computing would be to term it as 'Everything as a Service' (abbreviated as XaaS).
PrivateCloud - also known as Internal Cloud
Privatecloud - is a cloud-based infrastructure operated exclusively for a single organization with all data protected behind an internal firewall.
Privatecloud - Usually physically located at the company's on-site data center or can also be managed and hosted by a third-party provider.
PublicCloud - also known as External Cloud
Public cloud - is available to the public where data are created and stored on third-party servers.
Service infrastructure belongs to service providers that manage them and administer pool resources. (Public cloud)
It is based on a shared cost model for all the users or in the form of a licensing policy such as pay per use. (Public cloud)
Hybrid Cloud - encompasses the best features of the abovementioned cloud computing deployment models.
It allows companies to mix and match the facets of public and private cloud that best suit their requirements. (Hybrid Cloud)
Key Features of Cloud Computing
Agility
LocationIndependence
Multi-Tenacity
Reliabilty
Scalability
Ease of Maintenance
Agility - helps in rapid and inexpensive re-provisioning of resources.
LocationIndependence - resources can be accessed anywhere (except on limitations set by company's internal control)
Multi-Tenacity - resources are shared amongst a large pool of users.
Reliability - dependable accessibility of resources and computation.
Scalability - dynamic provisioning of data helps in avoiding various bottleneck scenarios.
Ease of Maintenance - users (companies/organizations) have less work in terms of resource upgrades and management, handled by service providers of cloud computing.
SAP - stands for Systems, Applications and Products in data processing
SAP (stands for Systems, Applications and Products in data processing) is a European multinational software corporation founded in 1972, headquartered in Walldorf, Baden-Wurttemberg, Germany with regional offices in 180 countries.
It is founded by five IBM engineers namely:
Hasso Plattner
Klaus Tschira
Claus Wellenreuther
Dietmar Hopp
Hans-Werner Hector
SAP is considered as one of the world’s largest business software company:
Commands 67% share of the Business Software Market
2 Million Users. 95,000 Installations in more than 130 countries
1,500 Partners. 25+ Industry Solutions. 60,000 employees
SAP Business One is an ERP (Enterprise Resource Planning) Solution.
SAP Business One is arranged into 15 functional modules, automating the major functions in a business organization.
SAP Business One's system prides itself on having the following characteristics:
Integrated
Real-time
Flexible
Easy to use
On Premise v.s. On Cloud: Deployment
On Premise; Onpremiseinstallation of SAP Business One
On Cloud; Through the internet
On Premise v.s On Cloud: Accounting
On Premise; Localized/ Independet
On Cloud; BranchAccounting/Multiple user
On Premise v.s On Cloud: Accessibility
On Premise; Limited (within the premises of the installation)