The Impact of the Cloud Computing Model on Functioning and Competitive Abilities of SMEs

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The aim of this paper is to analyze the potential impact of utilization of the cloud computing model by small and medium sized enterprises (SMEs) on their functioning and ability to compete effectively. It is composed of six parts. The first part offers a brief overview of the development of these new technologies and their impact on businesses. The next part is focused on the notion of cloud computing, the basic elements of this model and the most important reasons for its development. The following part is devoted to an analysis of the benefits to SMEs of using the cloud computing model, while the fourth part focuses on the most significant challenges connected to its use. The fifth part discusses the most important elements connected to the implementation of cloud computing solutions. The final part of the paper provides a summary of the most significant conclusions.

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243-252

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October 2015

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© 2015 Trans Tech Publications Ltd. All Rights Reserved

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