Modern companies and Cloud Computing are synonymous today. Whether to adopt cloud computing or not to is now passé as businesses have made remarkable strides in the adoption of cloud technology for various business sizes. It is more crucial for small businesses when compared to large ones since it reduces IT operational costs, infrastructure costs for data storage and allows for the efficient leverage of data bringing in accuracy, speed, and modern technology.
Business Benefits:
Gartner forecasts that the amount spent globally on Public clouds is estimated to grow from $270 billion in 2020 to $332 billion in 2021. This figure is expected to reach $397 billion by 2022.
Here are the essential benefits accruing to a business due to the use of cloud services.
Costs: A CCoE- Cloud Center of Excellence creation customized for your company’s needs means no more unnecessary IT data storage or infrastructure costs. The pay-as-you-use model is super-efficient.
Efficiency: Up your production and take products to the market in the shortest time periods meaning extra revenues and a competitive edge over the competition.
Data losses: Avoid downtime and ensure data integrity with cloud security measures, increasing compliance and preventing data theft.
Scalability: Yes, the customization of cloud tools and services means you scale down or up speedily and in a jiffy. Fluctuating workloads, hardware failure, unnecessary downtimes, etc., are a thing of the past with the most modern use of technologies.
Global Access: Work from home or anywhere as you securely log in to the cloud from any internet-connected device.
Business Trends:
The Cloud Computing report from Forbes is interesting and divulges why businesses are going the cloud-way.
- Today, at least one of the many applications of a business is on the cloud 77% of the time.
- Enterprises claim to have spent an average of 3.5 million USD on services, cloud platforms, and apps.
- IT enterprises and their budgets keep 30% of their annual spending for IaaS, PaaS, and SaaS models.
- A whopping 76% of the global IT enterprises have migrated to cloud services for accelerated service deliveries of IT. Cost reduction, business strategy, flexibility, and quick delivery times are the main reasons for demand.
- Cloud-based services are nearly 100% in demand in the high-tech utilities, telecommunications, and manufacturing industries.
- Unified single systems, better quality management, scheduling, visibility, optimization of workflows, customer satisfaction, and fulfilment of deliveries were reported with cloud services by these 3 major industry titans.
- Nearly 95% of the business deliveries model are choosing SaaS for 18-month schedules of application deliveries. The availability of technological stacks, better collaboration, communication, and global availability of Cloud professionals are driving the demand.
- Disaster recovery, data warehousing, and data analytics of various enterprises have moved to the cloud, with over 45% of them looking to migrate in 1 to 3 years.
The parting words:
Great Learning’s cloud computing program can help you embark on a cloud computing career complete with all concepts and practical exposure to the latest technologies and network support. Choose wisely to further your career. Enrol today!
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