Introduction. The importance of technology for the economic development is widely recognized considering the impact it can have on the success, survival or failure of business activities of the companies, particularly in an environment of intense and global competition. Technology often provides saving solutions in downward economic cycles because it allows the creation of more effective business models and ecosystems.
Aim of the study. The article addresses the issue of Cloud Computing concept from the perspective of its implications on the business environment. In this respect we have analyzed the changes brought by the new technology which come to connect the discontinuities between the IT solutions adopted by small and medium organizations and those adopted by large corporations. The article analyzes the benefits and limitations of cloud both in terms of small companies and in terms of more developed entities. Whatever the size and type of organization but especially for SMEs Cloud provides a competitive advantage by providing access to affordable, reliable and flexible IT solutions that allows them to operate more efficiently among their competitors in the market.
Keywords: cloud, small companies, corporations, benefits, challenges
Introduction. The Coronavirus disease (COVID-19) has triggered an unprecedented social and economic crisis by terrifying the very core of human existence. The COVID-19 pandemic has affected entire business segments especially educational services for children because the main way of working – direct interaction – was completely disturbed. Numerous questions arise such as: What is the first thing you can do as an organization in times of deadlock?, What options are left in the race of survival?, What are you heading for, as an organisation, in time of total uncertainty?In this respect, Fun Science Romania may provide answers as it is the Romania’s leading science enrichment provider, delivering unique science experiences for children. This study is based on findings from fifteen years of practice in science events area.
Aim of the study. The spaper describes consequences of COVID 19 on Fun Science Romania, an organization providing educational services. It also reveals the best strategic options according to SWOT analysis. The aims of the paper are to present the challenges and opportunities in educational management during COVID-19 pandemic.
Keywords: educational management, COVID 19, Fun Science, challenges, opportunities
JEL Classification: A10, I20, M10