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The Virtual Business Organization

Author

Listed:
  • Krassimira Schwertner

    (Faculty of Economics and Business Administration, Sofia University St Kliment Ohridski)

Abstract

Virtualization is a base technology for realization of cloud computing model. Virtualization requires good planning, a reliable infrastructure, and a solid management strategy. For the organization there can be many aspects to virtualization, depending on technology infrastructure and corporate strategy. Any organization that wants to adopt cloud computing really needs to adopt virtualization first. The virtualization reduces energy costs provides power savings, maximizes the use of hardware, and improves overall cost efficiencies. Virtualization isn’t just about servers any more. With new solutions, organizations can virtualize everything from desktops (to increase security or decrease deployment issues) to storage (for increased performance, reliability, and flexibility). A successful virtualization strategy requires organizations to take an integrated approach to both virtualization and management. Maintaining performance in times when resources could fluctuate is important. Virtualization allows organization to consolidate some of legacy applications into a single. Virtualization provides significant benefits in terms of being able to respond quickly to need for more resources or more-isolated resources.

Suggested Citation

  • Krassimira Schwertner, 2014. "The Virtual Business Organization," Yearbook of the Faculty of Economics and Business Administration, Sofia University, Faculty of Economics and Business Administration, Sofia University St Kliment Ohridski - Bulgaria, vol. 12(1), pages 361-371, March.
    • Handle: RePEc:sko:yrbook:v:12:y:2014:i:1:p:361-371
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