The Impact of Cloud Computing On Small and Medium Enterprises: Opportunities and Challenges

• Author(s): Dr. Amit Mishra
• Paper ID: 1704992
• Page: 366-374
• Published Date: 30-08-2023
• Published In: Iconic Research And Engineering Journals
• Publisher: IRE Journals
• e-ISSN: 2456-8880
• Volume/Issue: Volume 7 Issue 2 August-2023

Abstract

The majority of companies located all over the globe may be classified as either "small" or "medium" in terms of their size. According to Nowotarski and Paslawski (2017), they are responsible for more than sixty percent of the gross domestic product of the European Union and seventy percent of its labor force. According to the Small Business Administration (2018), small firms are responsible for the creation of more than half of all employment in the United States. Small and medium-sized businesses (also known as SMEs) need simple access to and inexpensive information technology in order to remain competitive in their respective markets and to make lasting contributions to the economies of the nations in which they operate. By using cloud computing (CC), small and medium-sized companies (SMBs) have the potential to save both time and money. This study was a result of the growing interest shown by SMEs in cloud computing, which encouraged us to perform this research. The first of the six primary subjects that will be discussed is the inquiry, "What different kinds of data analysis are utilized?" I was curious about which cloud service providers are presently being considered for use. Find out how often and in what context this topic has been brought up before. Which hypotheses and models do they base their work on? Where would one generally be able to get research of this kind? What strategies do you have in place to persuade other individuals to assist you with this endeavor? In the past, CC reviews would seldom undertake data analysis and would instead focus on criticizing the methodologies used in the research. The purpose of this literature review was to offer potential researchers with information that would be helpful to them as they deliberate on how to approach the data gathering and analysis required for CC studies. The vast majority of economies are highly dependent on small and medium-sized firms (SMEs), which may be explained by the fact that there are so many SMEs and that they employ a significant number of people. The capacity for small and medium-sized businesses to provide new products and services is critical to the development of any economy.

Keywords

Opportunities and Challenges, Cloud Computing, small and medium-sized businesses (SME)

Citations

IRE Journals:
Dr. Amit Mishra "The Impact of Cloud Computing On Small and Medium Enterprises: Opportunities and Challenges" Iconic Research And Engineering Journals Volume 7 Issue 2 2023 Page 366-374

IEEE:
Dr. Amit Mishra "The Impact of Cloud Computing On Small and Medium Enterprises: Opportunities and Challenges" Iconic Research And Engineering Journals, 7(2)