JKP Cloud TeamCloud ComputingWhat is cloud computing?Characteristics.Types of Cloud Computing.Deployment.Proposal. Concerns.Conclusion.
AgendaAllows companies to access IT-based services via the Internet. Its a growing reality for todays businesses because of the pervasiveness of the Internet and its technologies, combined with advances in virtualization, hardware commoditization, standardization, and open source software.What is cloud computing?Characteristics
4Application LevelPlatform LevelInfrastructure Level3 Types of cloud computinginfrastructure level:Infrastructure cloud providers draw from a pool of shared resources and dynamically expand and contract to accommodate fluctuating demand from different user organizations. As a result, they provide far greater elasticity, economies of scale, and cost advantage compared to standalone data centers.
platform level:application levelbusiness process level
Private cloud infrastructure operated solely for a single organization and by themselvesPublicservices are rendered over a network that is provided by a third-party providerHybridcomposition of private and public cloud computingDeployment Models
Insurance company offering a wide variety of products:Car insuranceHome insuranceLife insuranceProposal: who we areAmazon EC2Microsoft Azure
9Pay As You Go
4 Virtual Cores - $529 per month.$529 per month * 12 months = $6,348$6,348 * 3 years = $19,044Microsoft azure
4 Virtual Cores - $0.568 per hour24 hours * 365 days * 3 years = 26,280 hours26,280 hours * $0.568 per hour = $14,927.04
Pay As You Go
24 hours * 365 days * 3 years = 26,280 hours26,280 hours * $0.973 = $25,570.44
24 hours * 365 days * 3 years = 26,280 hours26,208 hours * $0.408 per hour = $10,692.86$10,692.86 for 3 years + $971 down payment = $11,663.86Amazon EC2
ComparisonPre PaidPay As You GoAmazon EC211,663.8625,570.44Microsoft Azure14,927.0419,044.00Cost Efficient
Almost Unlimited Storage
Backup and Recovery
Easy Access to Information
Security in the Cloud/Prone to Attack Disadvantages
** Risks and Concerns
Security and data privacy remain prime concerns.To realize the full benefits of cloud computing, insurers need to adopt a very practical approach to security and data privacy in the cloud.Low Level Data= PublicHighly Sensitive Data= Private
CIOs are concerned that their data could be stolen or compromised by hackers, mixed with data from their cloud providers other customers, or released by mistake.
So, for example, low level data and access may well be suitable to go onto a public cloud infrastructure service with simple password access, whereas highly sensitive data may require dedicated servers housed in ultra secure data centers with strong authentication required for access.