Assessment of the extent of using cloud computing technology in economic applications

The objective of this research is to assess the factors that will affect the economic status of the organizations as a result of using cloud computing systems. Among these factors, which will be examined in this study, the relative economic benefit expected through the application of cloud computing, which relies primarily on the degree of complexity or simplicity in the work, the compatibility between the components of information system, top management support, the expected growth in the volume of business, technological preparations, and finally competitive advantages achieved. The research also aims to help organizations to make financial and economic analysis, to identify several economic characteristics of their work, as well as to identify the resources required to shift to cloud computing. IT portfolio Model has been developed according to cloud computing system Also cost-benefit analysis has been used in order to perform the economic assessment, taking into account the impact of the intangible resources and intangible benefits at the expense of investment in cloud computing. The cost-benefit analysis has provided a broader vision for the work outcomes in the cloud computing systems.