Pam Carnahan's Blog

I choose Cloudonomics, Written By: Byron Deeter and Philippe Botteri; Affiliation: Bessemer Venture Partners.
URL: http://www.slideshare.net/botteri/cloudonomics-101-creating-a-financial-plan-for-your-saas-or-cloud-computing-business

The site discussed the importance of using Cloud Finance when creating a financial plan for a business. I have included a few of the top 10 laws of cloud computing:
• Less is more! Leverage the cloud everywhere you can.
• Study the sales learning curve and only invest behind success.
• Forget everything you learned about software channels.
• By definition, your sales prospects are online- Savvy online marketing is a core competence.
• The most important part of Software-as-a-Service isn’t “Software” it’s “Service”! Support, support, support!
• Mind the GAAP! Cloud accounting is all about matching revenue and costs to consumption….well, except for professional services!
• Cloudonomics requires that you plan your fuel stops very carefully.
These cloud computing laws are great ways to understand how to get started and understand what needs to be done to have a successful business using Cloud Computing.

Reference:

C9 After reading chapter 9 I was interested in the final page of everything changes and predicting the future. I agree with the many changes that will continue to develop it can be difficult to keep up with the technology. Schools will have to continue to make changes to update the technology in their schools and using outside companies to maintain their software applications, etc. Using the Cloud will help students and teachers to be able to access information at any time which is moving towards virtual schooling. Using the cloud in a business class would be nice for the student to be able to store all their work in one place and for the teacher to be able access it at any time. Keeping in mind that the teacher will always be the designer of curriculum, planner of activities and responsible for assessing students learning abilities.
Using the Cloud in the business world is similar to what most companies use now. Using the computerized storage units outside their companies IT dept. will be a new way for them to operate. I feel it could help a business with storage problems and a cheaper way to go to assist the IT dept.