ADOPTION OF CLOUD COMPUTING AS A BUSINESS SOLUTION FOR SME’s

Abstract

Cloud Computing has evolved over the years in providing platforms for SME's to thrive while accessing technology on a different level and capacity. More businesses are moving into the cloud based on criteria such as insights on big data, sustainability, flexibility and scalability, efficient collaboration, business continuity, disaster recovery, and cost-effectiveness. The structure and logistics behind how the cloud works have been explained in detail. Cloud deployment models include public, private, community, and hybrid cloud. Typical cloud services include Software as a Service (SaaS), Platform as a Service (PaaS), and Infrastructure as a Service (IaaS). Cloud characteristics and features cut across different criteria which eventually combine to form the benefits and challenges. The focus of this paper is on evaluating why cloud computing has become one of the best solutions for SME's worldwide and the need for businesses to begin to consider moving to the cloud. The pandemic has also proven the essence of cloud computing as a business solution for SME's.