Which of the following statements regarding cloud computing is true?
A) The shift to cloud computing does not alter the margin structure for many in the computing industry.
B) Cloud computing has brought about a drop in hardware and software sales, while augmenting service revenues.
C) Cloud computing discourages innovation and therefore changes the desired skills mix and job outlook for IS workers.
D) Cloud computing has raised the barriers for entry to new entrants to the information technology markets.
E) Cloud computing has shifted power towards venture firms in those industries that had previously needed little startup capital.

Question

Quizplus · Accepted Answer

Cloud computing has brought about a shift in revenue streams from hardware and software sales towards service revenues. This has been accompanied by a drop in sales of hardware and software as more companies move their computing needs to the cloud. However, the shift to cloud computing has also created opportunities for new software applications and services, leading to overall growth in the industry.

Which of the Following Statements Regarding Cloud Computing Is True