The future of cloud computing

Why is cloud computing the company’s future? To answer this question, it must first be understood that data storage in companies has grown exponentially. There has also increased the demand for cloud solutions. However, this is not the only reason why Cloud Computing is being adopted by a large proportion of smes and large companies. An interesting competitive advantage provided by the cloud is: efficiency. With all the corporate data centralized, accessing the information, editing it and sending emails with important files, among other activities, is much easier for any collaborator. This means that the Cloud’s adoption allows a company to ensure its operational excellence and thus acquire a new culture of accelerated innovation that reduces costs and optimizes processes.

However Another crucial factor for cloud implementation is the physical space issue. A company that wants to do this migration needs to hire this service from a specialized provider and use the provider’s own physical space to store the data of the company. In this way, it is possible to conserve more space for new employees and also to allow remote work for some of them.

Therefore Cloud technologies companies rent their equipment over the Internet or provide some type of service immediately. Cloud solutions market will double in the next 4 years, according to expert analysis, and it will grow 3 times in 10 years.

Primary consumers of cloud technology

Today in every contemporary company, the use of cloud systems is part of everyday work. It simplifies information exchange with each other, thereby boosting the effectiveness of all job procedures enormously. There fast-growing small and medium-sized company is the primary consumer of cloud technology.

However Wholesale and retail businesses, which are unable to create a large-scale IT infrastructure, occupy the major roles. Many businesses have been using personal clouds to decrease the cost of using their current IT infrastructure and improving it. However, based on confidentiality and data security issues, the banking system still utilizes its own data centers.

How the world is getting benefits from cloud computing

Types of cloud solutions: 

There are three namely directions in cloud technologies:

  • Software as a service (saas)
  • Infrastructure as a service (iaas)
  • Platform as a service (paas).

Now In brief simplest explanations

Software as a service (saas):

Saas is a type of software that you do not need to install on your computer, it can be used via the Internet. There simplest As an example is email or Google Docs.

Popular types of saas:

Such as Workflow systems, services for organizing collaboration and communication with customers.

However Companies with a large market share: Microsoft, Adobe and SAP. Saas direction revenue will increase in 2020 by 70%, to $ 99.7 billion.

Infrastructure as a service (iaas): 

With this technology, you cannot store information on your computer and hard drive – the data will be in the cloud. There most famous As an example is Amazon’s cloud servers. The company has installed huge data warehouses and sells places in them. By purchasing the amount of memory, you download data and access it over the network.

Segment Leaders:

Amazon, Microsoft, and IBM. Revenue by iaas direction will grow by 108% by 2020, to $ 72.4 billion. Therefore direction of cloud technologies is developing faster than the rest.

Platform as a service (paas):

The technology enables you to create your own programs without installing special software and hardware. Thus all of these will provide the cloud to the company.

Furthermore You need to pay for the resources used-the leased equipment needed for the processing and storage of information. Microsoft Azure is one As an example. With it, you can create your own Windows and Linux operating systems-based applications, and the Azure platform processes and stores data. There is a cloud platform that allows you to create your own software or process information.

Therefore Large market shares in this segment are of Sales force, Amazon and Microsoft. In 2020, the revenue of the direction will grow by 67.23% to $ 14.8 billion.

The main advantages of cloud computing in today’s life

  • Cost savings compared to on-site installation
  • Access anytime, anywhere via the Internet
  • Reduced IT support dependency
  • Cloud solutions are most often faster deployed than local solutions.
  • Cloud solutions, as a rule, allow organizations to acquire larger products with much greater functionality, which would be prohibitively expensive if similar functions were acquired using a non-cloud solution in place
  • IT professionals can focus more on value-added activities, rather than IT infrastructure management, as infrastructure management moves to the cloud service provider.
Here is Cloud solutions usually contribute to the following:
  • More timely financial information
  • Optimization of business processes
  • Communication with employees and providing opportunities for employees to work remotely

The bottom line

In the near future, cloud computing will be an essential part of every successful business. All business sectors must use cloud services either as SAAS, PAAS or IAAS.

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