Building a business in the cloud

November 4, 2010 - TAGS: Innovation, E-business, Managing

Cloud computing is more than just a trend - it's a new way to store data and access software that can save you money and help you streamline the way you manage technology.

The term “cloud computing” refers to accessing software and data storage services that reside on servers around the world - no need to run software or store data on your own computer or server. You simply connect to a centralized host that stores your programs and files on a network of computers, known as the “cloud”.

Many business activities can be conducted in the “cloud”. For example, you can:


Affordable, convenient and easy to use - these are some reasons why many organizations are turning to the cloud for some or all of their IT needs. Cloud computing can help your business:


There are also challenges to consider regarding cloud computing:

Now that you know a bit more about cloud computing, the next step is to do your own research. Can your company benefit from moving all or some applications to the cloud? Do the benefits outweigh the risks? What risk-management solutions can you implement?

Check out the Privacy Commissioner of Canada's website for more information on Privacy Issues related to Cloud Computing. For more information on managing risk, check out our section on Risk management.


Posted by Subodh on November 14, 2010
We are an IT company and an approved vendor or United Nations and World Bank. We have office in Windsor and seeking new projects in cloud computing and Blackberry technologies. Please put us in touch with possible business partners in Ontario or other provinces of Canada. Also please make us aware of the new tenders and bid opportunities related to any Software, IT and publishing areas.
Posted by Scott on November 17, 2010
I was very displeased when I heard that the Interactive Business Planner would soon cease to exist on the Canada Business website. I work with a non-profit agency and we refer people to the Interactive Business Planner everyday. It was a great resource and tool for people wanting to write their own Business Plan. Very sad to hear that it won't be an option for people anymore.

If there is anyway to keep the IBP on the Canada Business website, please ensure that this option is available for the many people who think its a valuable resource. Thanks,
Posted by Bill on November 24, 2010
What a neat idea!
Posted by dytecture on October 5, 2011
this is a great idea especially for companies with employees from different parts of the globe.

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