ABSTRACT

Cloud computing is an emerging technology which could replace long-established IT systems. Cloud computing made big strides forward in 2013, and if a host of industry experts proves correct, it will make even bigger advances in 2014. As Forbes, CxoToday, GigaOM, and other news services that cover technology report, the experts forecast many more companies joining clouds or creating their own; new professional services emerging to manage the clouds and the data within them; and the clouds’ expansion transforming IT and work life in general trough out the world. Cloud computing makes it possible for an organizations’ IT to be more malleable, save costs and process information and data faster than with long-established IT. Cloud computing is the operating of programs and storage of data and files in an online network, not on physical disks and hardware’s. Cloud computing arises from the IT technicians desire to add another layer of separation in processing information. Cloud Vendor Evaluation & Selection offering leverages the database to accelerate the identification and screening of candidate vendors in four-step vendor evaluation and selection process.

Keywords: - Cloud Computing, Cloud vendors, cloud risk, SAAS, PAAS, and IAAS.