Topic > Business Impact Analysis (BIA) - 2658

Introduction Interestingly, Business Impact Analysis (BIA) is a critical tool that provides business consistency in any enterprise. Why is it fundamental? BIA is necessary for generating disaster recovery plans or ensuring that a business remains consistent. It allows business leaders to determine IT processes and critical elements within an organization. Additionally, a BIA describes the period required for a business unit to complete and provide deliveries to its customers along with all resources needed to continue business operations. Business impact analysis could be relevant in multiple areas. For example, a business impact analysis might be relevant in cloud computing. That's because the emergence of cloud computing shows a rudimentary transformation in how information technology services are developed, invented, scaled, deployed, paid for, and maintained. Today, computing is a paradox because computers are rapidly becoming powerful, but the costs to produce them are falling. As a result, information technology is emerging as a changing trend in the business society. Most customers are avid users of cloud computing due to statistics that 30.2% of cloud computing services are expected to go public by 2018 (…………….). Indeed, it is obvious that the number of global users of cloud computing services such as social media, email, mobile application users and games are rapidly increasing. Therefore, entrepreneurs are embracing cloud computing as a sufficient solution to improve business agility while reducing costs. This document is a business impact analysis on cloud computing because it provides a detailed description, technology, future trends, company examples, regulations... in the middle of the document... Microsoft who entered the industry later, Google and Amazon have been running cloud services for some time. This has led to the development of privacy and regulatory concerns in the industry. For example, outsourcing data storage services to third parties is risky due to information and data leakage. As a result, end users of cloud services are advised to use service level agreements that can protect them from such shortcomings. The use of cloud computing has implications worldwide. This is because statistics reveal that the development of cloud computing can generate 88 billion euros of the EU's gross domestic product by 2020. Furthermore, it can lead to both the loss and creation of jobs. Considering the legal aspects, issues, future trends and implications of cloud computing, it is sufficient to conclude that the sector has numerous growth potentials.