Cloud Computing - A New Paradigm in the IT Industry


In the world of Information Technology, a new concept emerges as being the next great leap in technology in every few years. One of the current concepts trending in the IT world is Cloud Computing and with its use, organizations do not have to make large upfront investments in hardware and spend a lot of time on managing any particular hardware.

It is a model for supporting appropriate, on-demand network-based access to a mutual pool of configurable computing resources that can be quickly endowed and issued with least management effort or service provider interactions. Cloud computing technology allows you to access all the features and files of the system without having the need to keep bulk on computer systems.

69% of businesses are utilizing cloud technology in one capacity, and on the other side, 18% plan to execute cloud-computing solutions at a certain point, reveals a recent study by the International Data Group. Even Dell has reported that companies investing in big data, cloud, security, and mobility enjoy up to 53% faster revenue growth as compared to their competitors.

According to the available data, the tech-savvy businesses and industry leaders are apprehending the many advantages of cloud computing to efficiently run their organizations and increase overall profit margins. Below mentioned are the business advantages of cloud computing:



1.      Reduced IT costs

Moving to the cloud can really be beneficial in reducing the cost of maintaining and handling your IT systems. The downtime is rare in cloud systems thus, saving money and time to fix certain issues related to downtime. You can diminish your costs by using the resources of cloud computing service providers, as they help to eliminate the need for procuring expensive systems and equipment for your organization. Moreover, you will not have to pay wages for expert staff, fewer time delays, and energy consumption price will be reduced.

2.      Data Security

One of the major concerns of organizations is data security as data breaches can devastate a company’s revenue, brand positioning, and customer loyalty. Cloud provides many advanced features including data encryption and strong password necessities which guarantees that the data is stored securely.

3.      Scalability

A cloud service is easy to scale up or down than the traditional computing service and also the perfect option for companies that require flexibility in a competitive business environment. The cloud can be seen as an ‘elastic’ medium as every service can be personalized and scaled to address individual preferences whereas traditional computing demands the purchase of additional hardware.

4.       Mobility

Over 2.6 billion mobile phones are being used today, cloud computing permits mobile access to corporate data through smartphones and is a great way to ensure that no one is left out of the circle. The staff living away from the head office or with a busy schedule can make use of this feature to constantly be updated with clients and other co-workers. Because cloud environments are network-based, the staff traveling for work can conveniently access all the important information. Hence, it can be seen that organizations with employee satisfaction are more likely to expand cloud usage of up to 24%.

5.       Control

It is necessary for a company to have control over sensitive data as an important document can anytime get in the wrong hands and cloud enables you proper visibility over your data. You can decide on whom to provide access to what data and streamline work as the staff will have the information on what document are assigned to them thus, maintaining consistency in data, eliminating human error, and a clear record of any updates.

6.       Disaster Recovery

Regardless of how much control you have over certain things, there will always be something that is out of your control and in current time, even one downtime can have a negative effect on the organization. Hence, cloud services can help you provide quick data for all types of emergency situations, from power outages to natural disasters. Even the recent survey on disaster recovery states that 43% of the executive has plans to invest in cloud-based disaster recovery solutions.

7.       Competitive Edge

Cloud computing is getting popular day by day but still, there are organizations who prefer to keep things local and hence, lag behind when competing with those who have the advantage of the cloud at their fingertips. Implementing a cloud solution will help you stay ahead of competitors like the latest study by Verizon shows that 77% of businesses feel that cloud services provide them a competitive edge and the other 16% believe that this benefit is vital.

Cloud computing has the potential to change the way organizations look and deal with IT needs. Cloud is an approach that needs to be evaluated as the government and private sectors constantly look for ways to reduce costs. In general, the cost of this type of infrastructure will be lower, but to some degree at the expense of customization and control over security in the organization's IT structure. By fully investigating all of the considerations and options, an organization will be well-positioned to make a smart decision on cloud computing for their current and future needs.



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