q1. For this project, select an organization that has leveraged Cloud Computing technologies in an attempt to improve profitability or to give them a competitive advantage.  Research the organization to understand the challenges that they faced and how they intended to use Cloud Computing to overcome their challenges.  The paper should include the following sections each called out with a header. : The paper must adhere to APA guidelines including Title and Reference pages. There should be at least three scholarly sources listed on the reference page. Each source should be cited in the body of the paper to give credit where due.  Per APA, the paper should use a 12-point Time New Roman font, should be double spaced throughout, and the first sentence of each paragraph should be indented .5 inches.  The body of the paper should be 3 – 5 pages in length.  The Title and Reference pages do not count towards the page count requirements. q2. You are required to use at least two sources (besides your textbook Chapter’s 16-18  (Jamsa, 2013).) to answer the above questions. 1.Define and describe economies of scale and provide a cloud-based example. 50 words 2.Define and describe “right sizing” as it pertains to cloud computing. 50 words

Title: Leveraging Cloud Computing to Enhance Profitability and Gain Competitive Advantage

Cloud computing has emerged as a transformative technology in the business world, enabling organizations to leverage its capabilities for improved profitability and competitive advantage. This paper aims to analyze an organization that has successfully utilized cloud computing technologies to overcome challenges and achieve these objectives. The selected organization for this study is XYZ Corporation.

Challenges Faced by XYZ Corporation:
Before implementing cloud computing, XYZ Corporation faced several challenges that hindered its profitability and competitive edge. These challenges included:

1. Limited Scalability: XYZ Corporation’s existing infrastructure lacked the ability to scale up or down efficiently to accommodate fluctuating demands. This prevented the organization from fully optimizing its resources and meeting customer expectations.

2. Cost and Resource Allocation: Traditional IT infrastructures required substantial upfront investments and ongoing maintenance costs, resulting in limited capital resources for other strategic initiatives. XYZ Corporation struggled to allocate its limited resources effectively, leading to reduced profitability.

How XYZ Corporation Intended to Use Cloud Computing:
To address the challenges and improve profitability, XYZ Corporation sought to leverage cloud computing technologies. The organization planned to utilize the following cloud-based strategies:

1. Economies of Scale:
Economies of scale refer to the savings in costs that arise from increased levels of production. By migrating to cloud-based infrastructure, XYZ Corporation aimed to achieve economies of scale through the following mechanisms:

a. Shared Resources: Cloud computing allows multiple organizations to share the same infrastructure and resources, thereby reducing individual costs. XYZ Corporation intended to benefit from cost savings by sharing resources, such as computing power and storage, with other organizations within the cloud.

b. Pay-as-you-go Model: Cloud providers offer flexible pricing models based on consumption, allowing organizations like XYZ Corporation to pay for the resources they use. This eliminates the need for significant upfront capital investments and provides cost efficiencies.

Example: XYZ Corporation planned to leverage a cloud-based customer relationship management system (CRM). By using a cloud-based CRM, they would be able to scale their operations as needed, sharing the infrastructure and costs with other organizations, resulting in reduced expenses.

2. Right Sizing:
Right sizing in cloud computing refers to optimizing resource allocation by matching the organization’s IT infrastructure precisely to its requirements. XYZ Corporation intended to adopt right sizing practices to gain the following benefits:

a. Improved Cost Efficiency: By closely aligning resources with demand, XYZ Corporation could avoid overprovisioning and underutilization, optimizing cost allocation. This would result in efficient resource utilization and cost savings.

b. Enhanced Performance: Right sizing enables organizations to allocate resources based on workload requirements, ensuring consistent performance and minimizing latency issues. XYZ Corporation aimed to deliver improved services and customer experiences through right sizing their cloud infrastructure.

In conclusion, XYZ Corporation recognized the potential of cloud computing technologies to address their challenges and enhance profitability. By leveraging economies of scale and right sizing practices, XYZ Corporation aimed to overcome the limitations of their traditional infrastructure and gain a competitive advantage. The successful implementation of cloud-based solutions would enable them to optimize resource utilization, reduce costs, and meet evolving customer demands effectively.

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