Cloud deep down — SWOT analysis

Information Technology has shown its advancements in terms of field of Big Data Analytics and Cloud Computing. Cloud Computing as the name suggests refers to computing of the shared resources in an open manner in terms of internet, electricity grid etc. Cloud Umbrella offers wide range of services and browser based applications to the users and masses. The major key factors that are responsible for the advancement in Cloud are the Virtualization Technology, different Load Balancing Techniques along with various Load Scheduling Strategies. Cloud Computing is becoming more prominent and is required for fast analysis. Cloud Computing is one of the buzzword in the computing and business world for many years now. Cloud computing has matured and evolved in a very short span of time and still more to go. The impact of cloud is massive. International Data Corporation (IDC), the premier global market intelligence firm predicts that by 2020, Growth in SaaS, PaaS & IaaS will exceed $500 billion - over three times what it is today. From the technology point of view, Cloud is a mainstream churner. Right from its inception to the current stage, it has undergone various trials, tests and development phases in terms of its suitability, reliability, security, energy efficiency, cost, trust management and so on. This paper presents a set of novel market survey in the cloud computing. This paper tries to clarify concerns about performance in cloud computing, analyzing the factors that make the performance of clouds unpredictable, the factors which make it efficient as IaaS, PaaS and Saas. A SWOT (Strength, Weaknesses, Opportunities and Threats) analysis has been performed to get the in depth knowledge of the benefits and limitations of the cloud.