AMCIS - Impact of cloud computing adoption on firm stock price - An empirical research

In this paper, we investigate how cloud computing adoption impacts publicly traded 26 cloud&adopting companies\u27 stocks. In an effort to perform a valid assessment of a firm\u27s cloud adoption initiatives, we also evaluate the stocks of 26 companies, which did not adopt cloud computing and operate in the same industry with similar market capitalization. Our study differs from the previous studies in the area because it uses Fama&French three factor model to d erive the stock abnormal returns for both adopters and non&adopters. Furthermore, given the announced risks of cloud computing in the literature, we analyzed the stock risk between adopters and non&ad opters. Our preliminary analysis implies that businesses adopting cloud computing experience positive cumulative abnormal returns during the time the event was announced. Our research also indicates that both cloud adopting and non&cloud adopting companies suffer from higher stock risk during the announcement but this risk is not statistically significant

Impact of cloud computing adoption on firm stock price - An empirical research

In this paper, we investigate how cloud computing adoption impacts publicly traded 26 cloud-adopting companies\u27 stocks. In an effort to perform a valid assessment of a firm\u27s cloud adoption initiatives, we also evaluate the stocks of 26 companies, which did not adopt cloud computing and operate in the same industry with similar market capitalization. Our study differs from the previous studies in the area because it uses Fama-French three factor model to derive the stock abnormal returns for both adopters and non-adopters. Furthermore, given the announced risks of cloud computing in the literature, we analyzed the stock risk between adopters and non-adopters. Our preliminary analysis implies that businesses adopting cloud computing experience positive cumulative abnormal returns during the time the event was announced. Our research also indicates that both cloud adopting and non-cloud adopting companies suffer from higher stock risk during the announcement but this risk is not statistically significant

Impact of Cloud Computing Adoption on Firm Stock Price – An Empirical Research

In this paper, we investigate how cloud computing adoption impacts publicly traded 26 cloud&adopting companies\u27 stocks. In an effort to perform a valid assessment of a firm\u27s cloud adoption initiatives, we also evaluate the stocks of 26 companies, which did not adopt cloud computing and operate in the same industry with similar market capitalization. Our study differs from the previous studies in the area because it uses Fama&French three factor model to d erive the stock abnormal returns for both adopters and non&adopters. Furthermore, given the announced risks of cloud computing in the literature, we analyzed the stock risk between adopters and non&ad opters. Our preliminary analysis implies that businesses adopting cloud computing experience positive cumulative abnormal returns during the time the event was announced. Our research also indicates that both cloud adopting and non&cloud adopting companies suffer from higher stock risk during the announcement but this risk is not statistically significant

Decision Support Tools for Cloud Migration in the Enterprise

This paper describes two tools that aim to support decision making during the migration of IT systems to the cloud. The first is a modeling tool that produces cost estimates of using public IaaS clouds. The tool enables IT architects to model their applications, data and infrastructure requirements in addition to their computational resource usage patterns. The tool can be used to compare the cost of different cloud providers, deployment options and usage scenarios. The second tool is a spreadsheet that outlines the benefits and risks of using IaaS clouds from an enterprise perspective; this tool provides a starting point for risk assessment. Two case studies were used to evaluate the tools. The tools were useful as they informed decision makers about the costs, benefits and risks of using the cloud.Comment: To appear in IEEE CLOUD 201

A guide to implementing cloud services

The Australian Government’s policy on cloud computing is that agencies may choose to use cloud computing services where they provide value for money and adequate security, as stated in the April 2011 Australian Government Cloud Computing Strategic Direction Paper1 (the Strategic Direction Paper).   Readers new to cloud computing should read the Strategic Direction Paper which provides an introduction to cloud computing, a definition and an overview of its associated risks and benefits as they apply to Australian Government agencies. The guide supports the Strategic Direction Paper and provides an overarching risk-based approach for agencies to develop an organisational cloud strategy and implement cloud-based services. It is designed as an aid for experienced business strategists, architects, project managers, business analysts and IT staff to realise the benefits of cloud computing technology while managing risks

Review of the environmental and organisational implications of cloud computing: final report.

Cloud computing – where elastic computing resources are delivered over the Internet by external service providers – is generating significant interest within HE and FE. In the cloud computing business model, organisations or individuals contract with a cloud computing service provider on a pay-per-use basis to access data centres, application software or web services from any location. This provides an elasticity of provision which the customer can scale up or down to meet demand. This form of utility computing potentially opens up a new paradigm in the provision of IT to support administrative and educational functions within HE and FE. Further, the economies of scale and increasingly energy efficient data centre technologies which underpin cloud services means that cloud solutions may also have a positive impact on carbon footprints. In response to the growing interest in cloud computing within UK HE and FE, JISC commissioned the University of Strathclyde to undertake a Review of the Environmental and Organisational Implications of Cloud Computing in Higher and Further Education [19]