It has become a critical part of the IT landscape for increasing capabilities and reducing cost, leading to organizations moving more business processes to the cloud. The advantage of the cloud is evidenced by the ever increasing flow of data entering the cloud each day. However, as in the case of the Internet of Things (IoT), a growing reliance on cloud computing and data is stimulating fears over security, privacy & ownership of user data. Cloud based software solutions have been a growing trend in business & practice for many years, helping firms & their clients to access & share information.
This positions businesses to make the most of the cloud based resources such as servers, storage, processing and other services, which are becoming increasingly common. Increase usage of cloud based applications will facilitate use of real-time data and more in-depth analytics. Internet of Things (IoT) infrastructure will enable comprehensive and real time assurance process, and will make the process of gathering evidence to support assertions very fast and error free.