Practice TestTake a test on your terms and definitions
Spaced RepetitionScientifically backed study method
Matching GameHow quick can you match all your cards?
FlashcardsStudy terms and definitions
1 / 26
There's no tags or description
Looks like no one added any tags here yet for you.
27 Terms
1
Cloud Computing
The on-demand delivery of compute power, database, storage, applications, and other IT resources via the internet with pay-as-you-go pricing.
New cards
2
Infrastructure as a Service (IaaS)
Provides access to networking features, computing resources, and data storage space with the highest level of flexibility and management control over IT resources.
New cards
3
Platform as a Service (PaaS)
Reduces the need to manage underlying infrastructure, allowing focus on the deployment and management of applications.
New cards
4
Software as a Service (SaaS)
Delivers software applications over the internet on a subscription basis, managed by the service provider.
New cards
5
Cloud Deployment Models
Different environments for deploying applications in the cloud: Public, Hybrid, and Private.
New cards
6
Public Cloud
Cloud-based applications fully deployed in the cloud, running on shared infrastructure.
New cards
7
Hybrid Cloud
Connects cloud-based resources with existing on-premises infrastructure.
New cards
8
Private Cloud
Resources deployed on-premises, offering dedicated resources and control over the infrastructure.
New cards
9
Economies of Scale
Cost advantages obtained due to size or scale of operation, leading to lower variable costs.
New cards
10
Variable Expense
An expense that can be altered or avoided easily, such as the cost associated with cloud computing resources.
New cards
11
Hard Benefits
Direct and visible cost reductions and efficiency improvements from adopting cloud computing.
New cards
12
Soft Benefits
Indirect advantages that are harder to quantify but may include increased productivity and customer satisfaction.
New cards
13
Knowledge Worker
Professionals who create, modify, and synthesize knowledge as part of their jobs.
New cards
14
Digital Divide
The gap between individuals who have access to digital technology and those who do not.
New cards
15
Transaction Processing System (TPS)
Systems that record and process routine transactions efficiently.
New cards
16
Management Information System (MIS)
Systems that provide middle management with reports on organizational performance.
New cards
17
Enterprise Resource Planning (ERP)
Integrated systems that manage core business processes in real-time.
New cards
18
Customer Relationship Management (CRM)
Systems that manage a company's interactions with current and potential customers.
New cards
19
Supply Chain Management (SCM)
Systems that optimize the flow of goods, data, and finances in a supply chain.
New cards
20
Mass Customization
The capability to tailor products and services to meet individual customer needs on a large scale.
New cards
21
Social Commerce
The use of social media to influence shopping behavior and facilitate transactions.
New cards
22
Viral Marketing
A marketing strategy that uses the network effect to increase brand awareness by encouraging users to share content.
New cards
23
Cloud Adoption Framework (CAF)
A guide for organizations to identify gaps in skills and processes while transitioning to the cloud.
New cards
24
Hard Costs
Measures that provide a quantitative understanding of the expenses involved in operating an IT infrastructure.
New cards
25
Cloud Total Cost of Ownership (TCO)
An analysis comparing the costs of on-premises infrastructure versus cloud solutions.
New cards
26
Collective Intelligence
The shared knowledge and expertise of a group that exceeds that of individual experts.
New cards
27
Peer Production
The creation of goods or services by self-organizing communities, exemplified by open-source projects and wikis.
Studied by 0 people
Note 
Flashcard (27)