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Data Mining and Cloud Computing
Transcript of Data Mining and Cloud Computing
One of the age-old demands of corporate managers is access to timely benchmark data that can help them evaluate their operations. Of course, the most valuable benchmark data is information gathered from comparable organizations that permits the manager to measure themselves against their peers. Advantages Use of device:
Cloud computing services can be used and accessed from any device such as computer, mobile phone, or iPhone. CLOUD COMPUTING WITH DATA MINING Cloud computing is the use of computing resources such as hardware
and software that are delivered as a service over a network typically the Internet. What is Cloud Computing? Cloud computing as of now comes into focus only when you think about what IT always needs: a way to increase capacity or add capabilities on the fly without investing in new infrastructure, training new personnel, or licensing new software. Cloud computing encompasses any subscription-based or pay-per-use service that, in real time over the Internet, extends IT's existing capabilities. Cloud computing tells us how to use the computer resources more efficiently. Decrease in cost:
The biggest advantage of cloud computing is the elimination of the investment in stand-alone software or servers by the user. By cloud computing, one can easily save the overhead charges such as cost of data storage, software updates, management, and most importantly cost of quality control. Now anyone can use the services of cloud computing at affordable rates. Speed and scalability of cloud services:
With cloud computing, the user has no need to install the hardware or software for a new application; he or she can easily scale up or down the services, limiting them according to their requirements. There are many data centers that are located at multiple locations for the storage of data from near locations. Innovation in technology:
With the innovation in technology, the user has no need to manage or own the resources; cloud computing does that and provides the user the complete benefits. Selection of location:
Service providers can select the location for infrastructure freely, according to their requirements, minimizing their overhead expenses. Advantages Easy Access to Information
Once you register yourself in the cloud, you can access the information from anywhere, where there is an Internet connection. This convenient feature lets you move beyond time zone and geographic location issues. CLOUD COMPUTING WITH DATA MINING Cost Efficient
Cloud computing is probably the most cost efficient method to use, maintain and upgrade. Traditional desktop software costs companies a lot in terms of finance. Adding up the licensing fees for multiple users can prove to be very expensive for the establishment concerned. The cloud, on the other hand, is available at much cheaper rates and hence, can significantly lower the company’s IT expenses. Besides, there are many one-time-payment, pay-as-you-go and other scalable options available, which makes it very reasonable for the company in question. Almost Unlimited Storage
Storing information in the cloud gives you almost unlimited storage capacity.
Hence, you no more need to worry about running out of storage space or
increasing your current storage space availability. Backup and Recovery
Since all your data is stored in the cloud, backing it up and restoring the same is relatively much easier than storing the same on a physical device. Furthermore, most cloud service providers are usually competent enough to handle recovery of information. Hence, this makes the entire process of backup and recovery much simpler than other traditional methods of data storage. Automatic Software Integration
In the cloud, software integration is usually something that occurs automatically. This means that you do not need to take additional efforts to customize and integrate your applications as per your preferences. This aspect usually takes care of itself. Not only that, cloud computing allows you to customize your options with great ease. Hence, you can handpick just those services and software applications that you think will best suit your particular enterprise. Quick Deployment
Lastly and most importantly, cloud computing gives you the advantage of quick deployment. Once you opt for this method of functioning, your entire system can be fully functional in a matter of a few minutes. Of course, the amount of time taken here will depend on the exact kind of technology that you need for your business. Cost Effective Speed & Scales Innovation Convenient Location Multiple Users at one time Flexible Device Diversity Lots of Storage Space Customize Settings DISADVANTAGES OF CLOUD COMPUTING CLOUD COMPUTING WITH DATA MINING Advantages in a Nutshell 1)Possible downtime
Cloud computing makes your small business dependent on the reliability of your Internet connection. When it's offline, you're offline. And even the most reliable cloud computing service providers suffer server outages now and again 2) Security issues.
How safe is your data?
Cloud computing means Internet computing.
So you should not be using cloud computing
applications that involve using or storing data
that you are not comfortable having on the Internet.
That being said, established, reliable cloud computing vendors will have the latest, most sophisticated data security systems
possible as they want your business and realize that data security is a big concern. 4)Cost.
At first glance, a cloud computing application may appear to be a lot cheaper than a particular software solution installed and run in-house, but you need to be sure you're comparing apples and apples. Does the cloud application have all the features that the software does and if not, are the missing features important to you? 3) Inflexibility.
Be careful when you're choosing a cloud computing vendor that you're not locking your business into using their proprietary applications or formats. You can't insert a document created in another application into a Google Docs spreadsheet, for instance. Also make sure that you can add and subtract cloud computing users as necessary as your business grows or contracts. The biggest concerns about cloud computing are security and privacy. Users might not be comfortable handing over their data to a third party. This is an even greater concern when it comes to companies that wish to keep their sensitive information on cloud servers. While most service vendors would ensure that their servers are kept free from viral infection and malware, it Is still a concern considering the fact that a number of users from around the world are accessing the server. Privacy is another issue with cloud servers. Ensuring that a client’s data is not accessed by any unauthorized users is of great importance for any cloud service. To make their servers more secure, cloud service vendors have developed password protected accounts, security servers through which all data being transferred must pass and data encryption techniques. After all, the success of a cloud service depends on its reputation, and any sign of a security breach would result in a loss of clients and business. 5)Dependency (loss of control):Quality problems with CSP(Cloud Service Providers).No influence on maintenance levels and fix frequency when using cloud services from a CSP.
No or little insight in CSP contingency procedures. Especially backup, restore and disaster recovery.
No easy migration to an other CSP.
Measurement of resource usage and end user activities lies in the hands of the CSP
Tied to the financial health of another Company. 5.Knowledge And Integration.Knowledge:
More and deeper knowledge is required for implementing and managing SLA contracts with CSP’s ,Since all knowledge about the working of the cloud (e.g. hardware, software, virtualization, deployment) is concentrated at the CSP, it is hard to get grip on the CSP.
Integration with equipment hosted in other data centers is difficult to achieve. Peripherals integration. (Bulk)Printers and local security IT equipment (e.g. access systems) is difficult to integrate. But also (personal) USB devices or smart phones or groupware and email systems are difficult to integrate. Cloud Computing in Health Care to Reach $5.4 Billion by 2017 Cloud computing in healthcare
is projected to grow to US$ 5.4 billion by 2017. Modernization in the healthcare system is going beyond Electronic Healthcare Records (EHR). According to research firm MarketsandMarkets, the use of cloud computing in healthcare will span both clinical and non-clinical applications. Apart from EHR, cloud computing will also apply to other clinical uses, such as physician order entry and software imaging and pharmacy use. Non-clinical uses will likewise benefit, including management apps for patient billing, claims and revenue cycle management. Advantages of the Cloud According to MarketsandMarkets, the use of cloud computing in healthcare will be greatly beneficial in sharing EHR data across facilities in different geographic locations. Using cloud applications will ensure that patients get treated on time, regardless of location and facility. According to a 2011 study by KLAS Research, 55 percent of hospital executives interviewed said they stored data on the cloud. This included applications like clinical software and email. 71 percent of healthcare providers already deploy, or are planning to deploy, cloud-technology services. However, there is doubt among healthcare providers what cloud computing actually entails, and how it can be effectively used in the industry. According to a 2011 study by KLAS Research, 55 percent of hospital executives interviewed said they stored data on the cloud. This included applications like clinical software and email. 71 percent of healthcare providers already deploy, or are planning to deploy, cloud-technology services. However, there is doubt among healthcare providers what cloud computing actually entails, and how it can be effectively used in the industry. At present, cloud service providers mostly hold minority market shares, with no single provider holding a share greater than 5 percent. Providers in this industry include Agfa Healthcare, CareCloud, Dell, GE Healthcare and Merge Healthcare. With the industry growing to US$ 5.4 billion in five years' time, service providers will need to assure industry players of security and privacy in storing data and running applications on the cloud, in order to get these apps to scale. What's Holding Back the Cloud? Even with the prospective benefits of cloud computing
in healthcare, there are some things holding back facilities
and providers from migrating their applications to the cloud.
For instance, the Health Insurance Portability and Accountability Act (HIPAA)
was found to have impeded the adoption of public cloud systems.
The concern lies in the fact that third parties host the data. The “Healthcare Cloud Computing Market – Global Trends, Challenges, Opportunities & Forecasts” report predicts that cloud computing will serve as a boon to the healthcare industry, as the market has already witnessed a deluge of this technology. Because healthcare organizations (HCOs) are expected to deliver more while simultaneously reining in healthcare costs with the technology, a large number of HCOs are allocating funds for migration to cloud computing over the next five years. North America represents the biggest share in the global cloud computing market, with the biggest players being CareCloud, Carestream Health, Merge Healthcare and GE Healthcare. Private, public and hybrid clouds are the three deployment models available to healthcare, but the industry has been slow to adopt public clouds due to their highly regulated nature. Moreover, there has been increased scrutiny over potential privacy and security issues the technology poses – issues that further stymie the adoption process within the industry. http://goanimate.com/videos/0gjNa8B5O_sk/1 Cloud computing means that instead of all the computer hardware and software you're using sitting on your desktop, or somewhere inside your company's network, it's provided for you as a service by another company and accessed over the Internet, usually in a completely seamless way. Exactly where the hardware and software is located and how it all works doesn't matter to you, the user—it's just somewhere up in the nebulous "cloud" that the Internet represents.