Organizations wanted a new IT solution which can reduce their cost, increase speed and a less time to market, increase security transparency, reduce complexity of managing and a solution which can increase capacity utilization. This is where the cloud computing was born.
According to a research based on cloud computing, as the most important benefit majority of the potential cloud computing users voted the factor of enabling new services / products. As for the other important benefits they voted for reduction of cost and collaboration and information sharing. But in comparison less number of users considered mitigating business risk and helps to focus on core business as important benefits.
In Cloud computing market the highest demand is for IaaS (Infrastructure-as-a-Service) which includes provision of hardware and storage services and Saas(Software-as-a-service) which includes provision of software services such as CRM, ERP, etc.
Today more and more businesses move to the cloud even there are some challenges which cloud computing faces such as security, governance, fear of vendor lock and lack of standards. Cloud computing providers are continuously working on overcoming these barriers to provide better solutions for their customers.