The efficacy of the cloud computing is apparently the most debated topic in the Information Technology (IT) landscape. Carving out a special place in the hearts of entrepreneurs and elasticizing the boundaries of an enterprise’s capabilities, cloud computing is often being hailed by all those who embraced it, especially in the recent past.
Digital transformation is the on the rise not just in private companies but even in the government sectors. In a recent survey carried out by Gartner, cloud computing, transformation and analytics were on the priority list for many governments while 16% government CEOs expressed their interest to stretch their investment on business intelligence (BI).
According to another research firm, Emergent Research and Financial Software Company Intuit, enterprises using cloud computing would increase to 80% from the current 37% in the next five years. The following are some of the merits that hold a mirror up to the fact that cloud computing is transforming the businesses.
- Business Hives: It would often be a herculean task to build teams in the same location for a short period of time. This would even result in unnecessary CAPEX. Cloud computing eliminated this risk by bringing them closer to business hives. An SME can now get in touch with a business hive, who might have his teams set up in different locations and yet work together in real-time to accomplish the goals of the project.
- Scalable: Cloud services are highly scalable. An enterprise, at any time, can scale up or down its service depending on the workload by paying an additional charge on contrary to the traditional IT infrastructure where the company is required to purchase the new hardware even for the future if it wants to boost the bandwidth.
- 360-Degree View: Cloud computing promotes 360-degree page view of the offerings. Employees can access the data in real-time and manages can track the work as to which resource is working on which project.
- Increased customer support: Customers want to purchase things 24×7 and they don’t want to dial up a number and order the thing. While many eCommerce websites are already making use of cloud, many of them reportedly started getting in touch with the vendors in real-time to get the products dispatched to customers and provide a tracking facility from their better understanding. Even bills can be generated online. Oracle’s PeopleSoft applications like financial supply chain management are based on cloud services itself and they are helpful in increased customer support.
- Reduced IT expenditure: By switching to the cloud, enterprises needn’t shell out extra on IT infrastructure. Cloud is a pay-as-you-go model wherein a company would be required to pay only the data it has consumed, which will be helpful in putting a check to the unwanted expenditure of maintaining the infrastructure. Also, companies don’t have to hire engineers who would manage the legacy IT system as cloud service providers handle all the end-to-end operations.
The Edge Computing–Factors Pushing Cloud to Edge:
Cloud computing is now witnessing yet another trend. It’s been optimized to meet the growing demands of the customers and enterprises. Below are some factors pushing cloud to the edge.
Internet of Things (IoT): IoT is the buzzword. Every individual wants to stay connected with each other round the clock and small devices rightly popped up that stay connected to the Internet. These devices exchange data in real-time, be it tracking your car or recording the climate or sending an alert notification, and to leverage the technologies of IoT, cloud computing plays the heroic role. Yes, the data that needs to be transmitted is essential done through the cloud. Microsoft’s Azure IoT Edge stands as a shining example of cloud edge computing.
Smart Cities: Smart City is the new concept creating new waves in the technology space. Essentially, it’s all about connecting all the things in the city with one another. From hospital to streetlights, everything in the city will be connected. To transmit such vast amounts of data to the public cloud will be challenging and expensive too. Therefore, the cloud is leveraged where information would be transmitted from point to point where edge locations would be set-up.
Connected Cars: Connected Cars is now becoming the reality with big names such as BMW and Audi venturing into this revolutionary idea. Cars will be embedded with sensors that will exchange the critical data between vehicles. Cloud edge would be used to transmit the data only that’s crucial, which will save the bandwidth.
Conclusion: Given that cloud computing has so much to offer and is helping companies to transform digitally with minimal to low downtime, almost all companies are embracing the cloud. With the introduction of the cloud edge, cloud computing is undoubtedly transforming the companies. If you are on the list of yet-to-migrate to cloud, it is high time that you consider cloud computing services. Techwave is an expert in deploying customized cloud solutions. We provide support for AWS, Azure and IBM cloud. Get in touch with us today at email@example.com to know more about our cost-effective cloud solutions.