PROJECT REPORT

Submitted To :
Submitted By:
Prince Garg Sir
Batch No. : 141
Chetan Bhasin Sir
Batch Timings : 2-8 P.M.
Deepanshu Goel Sir
Centre : Prashant Vihar
Himanshi Gaba Ma’am
Roll no: 31-38
 MEMBERS
Roll No. Name Registration No.
31 Swidhi Goel CRO0737289
32 Tanish Jain NRO0526160
33 Tannu Sharma NRO0545625
34 Vanshaj Bablani NRO0534039
35 Vanshika Goyal NRO0538872
36 Vanshika Jain NRO0535250
37 Vishal NRO0538841
38 Vishesh Jain NRO0545697
 ACKNOWLEDGEMENT
We would like to express our sincere gratitude to everyone who contributed to the success of
this presentation. First and foremost, we extend our heartfelt thanks to our faculties for their
invaluable guidance and continuous support throughout the preparation of this presentation.
We would also like to thank our peers for their constructive feedback and collaborative spirit,
which helped shape this work. Additionally, we appreciate the resources and knowledge shared
by ICAI, which enriched the content of this presentation.
Finally, we are grateful to everyone present today for your time and attention. Your participation
is greatly appreciated.
Thank You.
 TABLE OF CONTENTS
1. What is Cloud Computing?
2. Examples of Early Use Cloud Computing
3. Types of Cloud Computing
4. Benefits of Cloud Computing
5. Cloud Service Providers
6. Cloud Security
7. Cloud Computing in CA Profession
8. Challenges and Limitations
9. Future Trends
 What is Cloud Computing?
• Cloud computing refers to the delivery of
computing services—including servers,
storage, databases, networking, software,
analytics, and intelligence—over the internet
("the cloud").
• It allows users to access these resources on
demand, without the need for local
infrastructure
• It offers faster innovation, flexible resources,
and economies of scale.
 On-Demand Self-Service Broad Network Access
Users can provision computing Resources are available over a network,
resources independently and as often the internet, and accessible from
needed various devices.

Resource Pooling Rapid Elasticity

Providers serve multiple consumers Computing resources can be quickly
using shared resources, allowing for scaled up or down based on demand.
flexibility and cost savings.
 EXAMPLES
 In 2002, Amazon introduced its web-based  One of Amazon Web Services’ sites, called
retail services. It was the first major Amazon Mechanical Turk, provides a variety
business to think of using only 10% of its of cloud-based services, including storage,
capacity. computation, and “human intelligence.”
 The cloud computing infrastructure  In 2006, Google launched Google Docs
model allowed them to use their computer’s services.
capacity more efficiently.
 Google Docs was originally based on two
 In 2006, Amazon launched Amazon Web
separate products, Google Spreadsheets and
Services, which offers online services to
Writely. Google purchased Writely, which
other websites or clients.
allows renters to save documents, edit
documents, and transfer them into blogging
systems.
 TYPES OF CLOUD
COMPUTING

BASED ON BASED ON SERVICE

DEPLOYMENT MODEL

PLATFORM AS SOFTWARE AS
INFRASTRUCTURE AS
PRIVATE PUBLIC HYBRID SERVICE (IAAS) SERVICE SERVICE
(PAAS) (SAAS)
DEPLOYMENT MODEL SERVICE MODEL

TYPES OF MODELS

SERVICE MODEL
PUBLIC CLOUD
The public cloud makes it possible for anybody to access systems and services. The public cloud may
be less secure as it is open to everyone. The public cloud is one in which cloud infrastructure services
are provided over the internet to the general people or major industry groups.

PRIVATE CLOUD
The private cloud deployment model is the exact opposite of the public cloud deployment model. There
is no need to share your hardware with anyone else. The distinction between PRIVATE AND PUBLIC is
in how you handle all of the hardware.

HYBRID CLOUD
By bridging the public and private worlds with a layer of proprietary software, hybrid cloud computing
gives the best of both worlds. With a hybrid solution, you may host the app in a safe environment while
taking advantage of the public cloud’s cost savings.
Infrastructure as a Service (IaaS)
Infrastructure as a Service (IaaS) contains the basic building blocks for cloud IT and typically provide access to
networking features, computers (virtual or on dedicated hardware), and data storage space. Infrastructure
as a Service vendors can help you with the highest level of flexibility and management control over your IT
resources

Platform as a Service (PaaS)

Platforms as a service (PaaS) vendors remove the need for organizations to manage the underlying
infrastructure (usually hardware and operating systems) and this integration allows you to focus on the
deployment and management of your applications. This helps you be more efficient as you don’t need to
worry about resource procurement, capacity planning, software maintenance, patching, or any of the other
undifferentiated heavy lifting involved in running your application.

Software as a Service (SaaS)

Software as a Service (SaaS) vendors provide you with software applications that is run and managed by the
vendor. In most cases, people referring to Software as a Service are referring to third-party end-user
applications. With a SaaS offering you do not have to think about how the service is maintained or how the
underlying infrastructure is managed; you only need to think about how you will use that particular piece of
software.
Advantages of Cloud Computing :-

• Online form of Computing

• Reduced Cost
• More storage
• Automatically updated
• Mobility
• Computing flexibility
• No downloads
 1. Online form of computing :-
• Cloud computing is a online form of computing where users can
access applications via a browser, while the application is installed
and stored on a server.

• An example of this would be Google Docs.

 2. Reduced cost :-
• It helps keep the cost down for both the users and website owners.
Also for the users, they can access it from any computer and still
have the file they need.

• The main advantage of using cloud computing facility is that

customers do not have to pay for infrastructure installation and
maintenance cost.

• As a user of cloud computing you have to pay the service charges

according to your usage of computing power and other networking
resources.
 3. More storage :-
• It can hold more storage than a personal computer can. It
takes away the need for the upgrading computer memory,
which also helps keep the cost down for the companies
and users alike.

• User do not have to worry about installation, email

servers, anti-viruses, backups, web servers and both
physical and logical security of your data.
4. Mobility :-
• It allows users to connect even without their own computers, meaning you
can do your work from anywhere in the world as long as you have a internet
connection and a computer access.

• So you can take your work with you on your wedding and vacations.
5. Automatically updated :-
• Owners no longer need to hire people to update mote than one
server, and It also helps the users the users who do not like to
download updates for the software.

• The server gets the updates and everyone who uses the service
gets the updates without updating anything on their end.
6. Computing flexibility & No downloads

• Computing Flexibility- It has more

flexibility than other network computing
systems and saves time plus money for
people who are in a time crunch.

• No Downloads- The users do not need to

download anything, so that saves time and
hard drive space for users. They can just
log onto the network.
 Introduction to Cloud Service Providers
• A cloud service provider is a company that offers
components of cloud computing typically, infrastructure
as a service (IaaS), software as a service (SaaS), or
platform as a service(PaaS).

• Cloud service providers use their own data centers and

compute resources to host cloud computing-based
infrastructure and platform services for customer
organizations. Cloud services typically are priced using
various pay-as-you-go subscription models.
 Why go for CSP?
Using a cloud provider is a helpful way to access computing services that you would
otherwise have to provide on your own, such as;
 WELL KNOWN CLOUD SERVICE
PROVIDERS
1. AMAZON WEB SERVICES (AWS)
Microsoft Azure, or Azure, is a cloud computing service developed by Microsoft for building,
Google Cloud Platform is a suite of public cloud computing services offered by
testing, deploying, and managing applications and services in Microsoft-managed data
2.Google.
GOOGLE CLOUD PLATFORM (GCP)
centres.
The platform
It offers softwareincludes a range
as a service of hosted
(SaaS), platformservices for (PaaS),
as a service compute,
andstorage and as a
infrastructure
3.application
service development
(IaaS).
MICROSOFT AZUREthat run on Google hardware.
It supports
Google a widePlatform
Cloud range of was
programming
launchedlanguages, tools,2008.
on April 7th, and frameworks, including
Microsoft-developed and third-party software.
In February 2010, the Windows Azure platform became commercially available.
OVERVIEW AND SPECIALISATION
WHAT IS CLOUD
SECURITY?
Cloud security is a collection of
procedures and technology designed
to address external and internal
threats to business security.
Organizations need cloud security as
they move toward their digital
transformation strategy and
incorporate cloud-based tools and
services as part of their infrastructure
 TYPES OF CLOUD SECURITY
SOLUTIONS
LP)
Identity and access management (IAM)

Data loss prevention (DLP)

ms
Security information and event management (SIEM)
IMPORTANCE OF CLOUD SECURITY
1. Data Protection: Cloud services store vast amounts of sensitive data, from personal
information to business-critical files. Without proper security, this data could be vulnerable
to unauthorized access, breaches, or theft.

2. Risk Management: Cloud environments are often targeted by cybercriminals due to their
high value and the complexity of managing them. Strong security measures help mitigate
risks such as data breaches, ransomware, and other cyber threats.

3. Business Continuity: Reliable cloud security includes features like backup, disaster
recovery, and redundancy, which are essential for ensuring that data is protected and
available even in the event of an incident.

4. Cost Efficiency: While investing in security might seem costly, it can prevent far more
expensive consequences associated with breaches and data loss. Proper cloud security
can save money in the long run by avoiding these costly incidents.
CLOUD SECURITY CHALLENGES
 Lack of visibility
It's easy to lose track of how your data is accessed and by whom, since many cloud services are
accessed outside of corporate networks and through third parties.

 Compliance
Regulatory compliance management is oftentimes a source of confusion for enterprises that use
public or hybrid cloud deployments. Overall accountability for data privacy and security still rests with
the enterprise, and heavy reliance on third-party solutions to manage this component can lead to
costly compliance issues.

 Misconfigurations
A substantial portion of breached records can be attributed to misconfigured assets, making the
inadvertent insider a key issue for cloud computing environments. Misconfigurations can include
 Cloud Computing in CA Profession
Cloud computing accounting involves
hosting and carrying out accounting tasks
such as auditing, storing data,
bookkeeping, data entry, and data
processing on the internet, a feature borne
out of an innovative marriage between
technology and business.
Importance in Chartered Accountant Field

Automates tasks Data Analysis

Reduces mistakes and Helps CAs analyze data
saves time. quickly and accurately

Collaboration Client Service

Multiple people can work on the same Easy sharing of
document. documents with clients
Automation and
Efficiency
• Automates routine accounting
tasks.

• Reduces manual errors and saves

time.

• Integrates with other tools for

seamless workflows.
 Enhanced Accessibility
• Chartered Accountants can access financial data
from any location.

• Real-time collaboration with clients and team

members.

• Flexibility in working hours and location.

 Challenges due to Cloud Computing

• The use of the cloud provides a number of opportunities:

– It enables services to be used without any understanding of their
infrastructure.
– Cloud computing works using economies of scale:
• It potentially lowers the outlay expense for start up companies, as they
would no longer need to buy their own software or servers.
• Cost would be by on-demand pricing.
– Data and services are stored remotely but accessible from
“anywhere”.
Challenges due to Cloud Computing
• In parallel there has been backlash against cloud computing:
– Use of cloud computing means dependence on others and that could
possibly limit flexibility and innovation:
• The others are likely become the bigger Internet companies like
Google and IBM, who may monopolise the market.
• Some argue that this use of supercomputers is a return to the time
of mainframe computing that the PC was a reaction against.
– Security could prove to be a big issue:
• It is still unclear how safe out-sourced data is and when using these
services ownership of data is not always clear.
Disadvantages of Cloud Computing

• Requires a constant Internet connection:

– Cloud computing is impossible if you cannot connect to the
Internet.
– Since you use the Internet to connect to both your applications
and documents, if you do not have an Internet connection you
cannot access anything, even your own documents.
– A dead Internet connection means no work and in areas where
Internet connections are few or inherently unreliable, this could
be a deal-breaker.
Disadvantages of Cloud Computing

• Stored data might not be secure:

– With cloud computing, all your data is stored on the cloud.
– Can unauthorized users gain access to your confidential data?
• Stored data can be lost:
– Theoretically, data stored in the cloud is safe, replicated across multiple
machines.
– But on the off chance that your data goes missing, you have no physical
or local backup.
Top 4 Future Technology Trends In
Cloud Computing

Cross-platform Integration

Cloud Computing Through Ai

Cloud Gaming : The Future Of Gaming

Adoption Of Hybrid And On-premise Cloud

 Cross-platform
Integration
• The industry is moving towards
hybrid and multi-cloud
environments.
• Cloud offers increased flexibility
for cross-platform integration.
• The multi-cloud approach trend
opens a new space for start-ups to
offer innovative services that
create seamless cross-platform
collaboration on various cloud
platforms.
FUTURE TRENDS IN CLOUD COMPUTING

• According to Gartner, by 2027, cloud computing

will become a key driver for business innovation
and the common style of computing.

• The future of cloud computing is very bright as

most organizations are moving to cloud
infrastructure due to its flexibility, scalability, data
analytics, and innovations.
Cloud Gaming : The Future Of Adoption of hybrid and on-
Gaming premise cloud
• Cloud gaming is going to be one of the fastest • Organizations are becoming increasingly aware of
growing industries in cloud space. the benefits of hybrid cloud environments.
• Leading global companies such as Amazon and • Hybrid cloud environment allow users to select
Tencent are offering dedicated cloud individual elements from the service provider’s
computing capabilities. product suite as per their requirements.
• Massive game libraries are available to gamers • The need to move in raw computing and storage
via the cloud. infrastructure will also increase, enabling
• The need to spend massive amounts on businesses to move their existing systems onto
dedicated gaming hardware will become the cloud without adapting to pre-installed
obsolete. software.
 CONCLUSION
• The coronavirus pandemic accelerated the use of the internet for e-commerce and working
remotely.
• Automated data governance software for dealing with a growing number of internet laws and
regulations seems a reasonable prediction for the future of the cloud.
THANK YOU