Cloud computing and its impact on oil companies

Abstract

In light of the development witnessed by the oil sector and the entry of oil investment companies recently, and due to the need of local oil companies to use cloud computing technology appropriate information for users in light of technological development and modern communication systems, and the application of cloud computing technology reduces the cost of obtaining information from operating the accounting system in light Benefit And Cost Analysis, Decision rationalization provides information that can be used in making the decision to switch to cloud computing technology in the light of analyzing the benefits and costs, and that the application of cloud computing technology helps to provide a wide range of costs, which is to provide the benefit of optimal use of computer resources and human capabilities and help with accuracy and speed in data transfer And information between the company and its subsidiaries, and that the shift to cloud computing technology avoids the company's security risks and network information disasters and recover from them faster.