Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

Can you help me with a Swat Analysis using this information? This is my document and my personal notes. Subject: Cloud Platform Recommendation Introduction: As

Can you help me with a Swat Analysis using this information?

This is my document and my personal notes.

Subject: Cloud Platform Recommendation Introduction:

As the Purchasing Manager for a privately owned Tampa-based Fintech Company, this report aims to support the Chief Information Officer and Executive Vice President of the Fintech Company in deciding which cloud platform would be best for the firmunderstanding that this new platform needs to be flexible for innovation, adding from Fintech and to program, and accessible for customers to use. Evaluation of Cloud Platforms: The cloud platforms researched were Microsoft Azure, Google Cloud Platform (GCP), and Amazon Web Services (AWS),

While all these platforms offer flexibility, security, and coding abilities, they vary in critical areas. This report will explain the research findings of the three platforms and the recommendation for the best option to serve The Fintech Company's needs. Amazon Web Services (AWS) AWS is the cloud platform offering the most comprehensive services and a large user and software builder

While it is one of the most used cloud platforms, it can be challenging to use and expensive. Google Cloud Platform (GCP) Google's cloud platform is newer than the others; however, it has rapidly growth as a favorite cloud platform because of its innovative capabilities. GCP has done an excellent job at open source (OSS); technology development is a great resource because it gives firms access to the coding used on the platform. Another added benefit of GCP is that it is more affordable than other cloud platforms, such as Amazon Web Service.

It also has a more accessible pricing structure to follow. Microsoft Azure (Azure) Azure offers a myriad of services compatible with Microsoft. The major drawback with Azure is the expense. Implementing it costs more, and the platform is not as innovative as GCP or AWS. It is more expensive than most other platforms. Azure may have a broader scope of scenario capability and supports cloud-to-hybrid models.

It has flexibility of use and has a cloud data store. GCP also offers affordable data storage for 365 days at a low cost, GCP would be the best product to reach the company goals and to allow Fintech teams to achieve their goals of innovation and product launches more efficiently. Spending less on a cloud platform will allow Fintech to stay more competitive in the market and produce the innovations its internal and external consumers desire. It is important to choose both an innovative cloud service and one that will not blow the firm's budget so it can stay competitive in its pricing strategy.

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image_2

Step: 3

blur-text-image_3

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Introduction To Business Management And General Management

Authors: Don Hellreigel; John Slocum; Susan Jackson

2nd Edition

0190748850, 978-0190748852

More Books

Students also viewed these General Management questions

Question

Did you check photos for quality and rights clearance?

Answered: 1 week ago

Question

Did you check the facts, their accuracy, and sources?

Answered: 1 week ago