acy are major concerns. Small and medium-sized companies recognize that cloud companies for the most part have more skilled staff to manage security and privacy. Large companies with the resources to manage security better than smaller companies, are careful not to place highly confidential or strategic files in the cloud. There is never a 100 percent guarantee that a cloud company won't be hacked or have an outage. However, it is generally accepted that the advantages for most applications need to be weighed against security and privacy concerns. Cloud computing advantages include faster time to market that enables companies to implement new, strategic applications in less time with fewer staff. However, staffs and consultants with different skills from those required to manage in-house applications are required to move applications to the cloud. This can be an issue where there is a shortage of employees with these skills. Moreover, total cost of running IT services may not be lowered by using the cloud because of usage fees that often increase over time. Major implication of using cloud computing is the fact that local area networks within buildings and broadband networks carry an exponentially increasing amount of traffic. Moreover, these networks are more critical than ever as many computing functions are not possible without broadband and in-house network links. Thus, it behooves companies to have network backup plans and redundancy in the event of failures in their networks. www.TechnicalPDF.com SUMMARY The rapid pace of innovation and technological advancements is powered by computer chips that are faster and smaller and have increased memory and processing power. Chips are the engines in personal and business computers and all electronic devices including wristwatches, headsets, printers, fitness gear, televisions, set-top boxes, thermostats, and newer vending machines. Much of this gear is connected to broadband networks. Broadband networks transmit data, voice, and video over high-capacity fiber-optic 