Managing Cloud Computing Assets for Scalability and Cost Efficiency

There are several definitions and measurements for scalability, elasticity, and efficiency in cloud computing. However, stakeholders face minimal direction when selecting measures and definitions for these high-quality traits, which might result in misconceptions. It seems that there is not a lot of proof to support the assertion that cloud computing is more cost-effective than traditional data center procedures, despite the fact that it is currently all the rage. It usually makes use of elastic, dynamically expandable, on-demand self-service accessibility and pools of frequently used virtual resources. An entirely new model for the provision of IT services is introduced by cloud computing. Because of cloud computing rapid startup, flexibility, scalability, and cost, it has the potential to improve business and IT operations. Despite its many benefits and affordable options for IT service and growth, cloud computing poses new threats and the possibility of security lapses. Management needs to understand and evaluate cloud computing risks in order to protect systems and data from security vulnerabilities. In order to provide safe cloud computing environments, this study focuses on risk reduction for cloud computing security.