Introduction to thebusiness idea High-technologyentrepreneurs are into securing revenue and growth from industry sectors affectedby new and rapidly changing technology. Thesedays advance computing technology is beingutilized in so many aspects of business in different industries that it isbeing classified as a subset of its own unique industry..
Today, industry saturationof high tech businesses is pretty decent with these hi tech businessesoperating in varying industries such as oil extraction, food exporting andothers. This paper is mainly going to look into this idea of cloud computing and potentially providinga private cloud service to the corporate sector of India and then beyond as oneof the high tech entrepreneurship ideas,outlining the appropriate mechanisms that are needed in protecting the intellectual property of the high tech entrepreneurship, outline some of the resourcesthat are needed in bringing the concept of high tech entrepreneurship into the current market as well as abilitiesneeded in taking forward the idea of high tech entrepreneurshipas far as market trends is concerned. So what is cloud computing? Cloudcomputing is the practice of using a network of remoteservers hosted on the Internet to store, manage, and process data, rather thana local server or a personal computer.
So what about a private cloud. A privatecloud is infrastructure operated solely for a single organization, whethermanaged internally or by a third party, and hosted either internally orexternally. Private clouds can take advantage of cloud’s efficiencies, whileproviding more control of resources and steering clear of multi-tenancy. (IBM,N.D.) Define and explorethe high-growth nature of the concept of cloud computing in entrepreneurshipThe nature of growth in this industry is exponential if theproduct is good enough but the % of market saturation is slowly and steadilygrowing as we are yet to see consumers moving to a cloud based system in massessuch as towards Google’s chrome operating system that puts the importancetowards internet based applications rather than desktop/laptop based.
Today moreand more devices come prepackaged with or offer downloadable access to servicesthat store the users’ data remotely. Giving employees the access to easilycollaborate on company tasks from the ease of their homes, projects being updated in real time right from theproject site are just some benefits to cloud computing which enhances itsnature of growth as this ease of work will catch on.. Along with these propoints (remote working and backup, instant information sharing etc), there arealso some cons (privacy, data retrieval upon machine failure, cyber security).
Butfuture of computing is with a laptop that’s with the user no matter the location,be it on a cruise or at workplace. Keep in mind that this industry came intoexistence in the current decade an dis now a 300 billion dollar industry. That’sthe growth potential in terms of numbers.