The Impact of Cloud Based Information Systems on Organization's Performance

Abstract

Cloud computing and mobile applications today are still buzzwords, and important resources in the business strategies of companies. More and more organizations have adopted and currently are using cloud computing and mobile technologies. Big companies developed their own big data centers, private cloud or hybrid cloud as a support for their processes within the shared services architecture. Since Information Systems (IS) process and store a series of sensitive and confidential data. Technological evolution becomes more and more a daily reality for organizations and individuals who use information systems, for supporting their operational activities. This paper focuses the cloud based information systems and discus the impact of these information systems on organization's performance. Organizational productivity is one of the most widely used accounting performance indicator of evaluation of the information systems value, Among the financial market-based measures, adopters of the performance-based approach towards determining IS value often utilize return on assets, performance measures have proven to be useful in identification of the business value of the information technology and information systems used in the organizations as they provide simple quantifiable indicators.