As Their Computing Power and Security Demands Escalate,few Businesses Want

question 83

Essay

As their computing power and security demands escalate,few businesses want to maintain their own hardware and servers anymore.Instead,they look to the cloud,where they seek to purchase more computing power,provided at a faster speed,with lower costs.Describe IBM's response to this customer need and the services provided by the cloud.

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Definitions:

Business Firm

An organization engaged in commercial, industrial, or professional activities with the aim of earning a profit.

Percentage Discount

A reduction from the original price of goods or services, expressed as a percentage of the original price.

Cash Customers

Consumers who pay for goods or services with cash at the time of purchase, rather than using credit.

Inventory Turnover

A ratio indicating how many times a company's inventory is sold and replaced over a specific period.