IBM, Wachovia, and PayPal: Grid computing makes it Easier and Cheaper.

1)      Applications for grid computing in this case include medical diagnosis and financial transaction processing. What other areas do you think would be suited to the use of grid computing and why? Provide several examples from organizations other than those included in the case.

Grid Computing is one of the most reliable and detail application used by organization to get the accurate results in a very easy way with consideration to cost of the technology. It’s far cheaper than using mainframes and big servers and at the same time very easy to access and maintain. Grid computing is a technology used to harness computing powers from various sources and use them in harmony to achieve a specific goal. The great advantage of grid computing is the ability to significantly reduce the time that is taken to accomplish that goal, also increasing efficiency.

Educational organizations like colleges and universities can use grid computing and support their online teaching program. By doing this they can bring all the students together in one forum and solve problems and have discussions. By using grid computing they can save cost and time of both, theirs and their students.

Weather forecasting agencies can use grid computing to make the process more reliable and less time consuming. Adjustments can be made by information providers from different place at the same time, which makes it easy to update and give accurate readings.

Grid computing can also be used while making movies. It facilitates in adding up of different sections from different sets at the same time, reducing the cost and increasing the profitability of operation.

2)      The joint effort by IBM and the cancer institute of New Jersey works by digitalizing medical diagnoses on the world community grid (WCG).What are the advantages and disadvantages of relying on a volunteer based network such as this? Provide examples of both.

Grid computing is an emerging concept in Information sharing. It’s been very fruitful to those organizations whose market is huge. There are several advantages of this along with some disadvantages. Examples of both advantage and disadvantages of using grid computing are listed below.

ADVANTAGES

·         Better understanding of the process due to classification of the process into several bits and bytes.

·         No need to buy big servers, which costs a fortune.

·         Helps in making accurate comparisons between........ Click below to read all.

condition of disease now and before, which helps in understanding the effectiveness of the treatment.

·         Facilitates prediction procedure and reduces the chances of danger.

·         Ensures the accuracy of the diagnosis.

·         Volunteers can donate their free time as per their convenience, which helps in saving time and cost.

DISADVANTAGES

·         Need to have very fast interconnection between computing resources.

·         Some applications may need to be changed to take the full advantage of new model.

·         Political challenges associated with sharing resources may arise due to such kind of sharing.

·         Since it’s a volunteer based network so it may take long to find a certain fact, since nobody in particular is obligated towards it.

·         Efficient tools for managing change and keeping configurations in synchronization can be challenging in large environments.

3)      IBM, Wachovia and PayPal are arguably large organizations. However, several vendors have started offering computing power for rent to smaller companies, using the principles underlying grid computing. How could a small and medium companies benefit from these technologies?

Technologies get all over once they get started. Every organization gets benefit by using it, if managed properly considering every aspects of the business. Small and medium companies as well can use small scale of grids in minimizing their cost and maximizing the accuracy of their business. The advantages of using Grid computing in small and medium organizations are listed below:

·         Small cluster grid can be developed and maintained in very low cost, which enhances the profitability of companies along with easy accessing.

·         Improves the client-organization relationship by providing information to them in double rate.

·         Decision making process becomes easier and faster.

Increases the chances of substantial growth in future by doing something very small in everyday basis.

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