Your company is evaluating the option of renting some of its computing services from a cloud provider. After many discussions, your company is considering renting only the accounting module. Your supervisor has asked you to develop, as soon as possible, a short document about how this type of service is provided by a cloud computing provider and the necessary steps that should be taken to implement this service. (Q6.4, 6.5)

Your report to your supervisor would include:

1. The problems with and opportunities for cloud migration

2. The risk associated with using a cloud accounting system

3. How important is the reliability of the service provider (for example Amazon.com)?

4. Issues associated with cloud service interruption

Migrating into cloud is considered a project and like all IT technologies should go through all phases of systems development life cycle.