The Adoption of Cloud Computing is a Strategy used by Businesses to Improve Scalability

Cloud services are taking the business world by storm and cloud adoption statistics tell the same story. Cloud adoption is a strategy used by enterprises to improve the scalability of Internet-based database capabilities while reducing cost and risk. A variety of industries benefit from cloud adoption, including healthcare, marketing and advertising, retail, finance, and education.

 


 Some of the top industries leveraging cloud computing include the IoT industry, automotive industry, entertainment industry, retail industry, and many, many more. Today, there are sophisticated web- and cloud-based solutions that allow users to create simple web, mobile or computer apps within a few minutes. Cloud computing, also known as cloud architecture, covers a broad range of cloud-based models. The most trending cloud computing services are AWS Cloud Services (Amazon Web Services), Google Cloud, and Azure. It is an evolving and comprehensive platform for cloud computing offered by Amazon.

 

1.    SaaS: Software as a Service

2.    PaaS: Platform as a Service

3.    IaaS: Infrastructure as a Service

 

Top benefits of cloud computing:

 

Speed- Contemporary cloud computing solutions alleviate latency issues and increase speed across the board.

Scalability and Flexibility- Cloud-based computing is ideal for brands that have growing or fluctuating bandwidth demands. It allows brands to easily scale up their cloud capacity by simply changing their usage plan.  

Cost- Cloud computing eliminates the capital expense of buying hardware and software and setting up and running on-site datacenters. Cloud follows the model of the pay-per-use model, thereby helps you save money, time, and resources.

Increased Collaboration- Cloud computing makes collaboration a simple process. Team members can view and share information easily and securely across a cloud-based platform.

Security- Cloud computing offers great security when any sensitive data has been lost. As the data is stored in the system, it can be easily accessed even if something happens to your computer.

 

The Growing Adoption of Cloud Computing-

Cloud adoption is a strategy used by enterprises to improve the scalability of Internet-based database capabilities while reducing cost and risk. A variety of industries benefit from cloud adoption, including healthcare, marketing and advertising, retail, finance, and education.

The research report by “Harvard Business Review Analytic Services” on cloud computing revealed that over 74% of businesses believe that they have got a competitive edge over their competitors with cloud computing. The adoption of cloud computing is keeping getting higher as global companies placing their trust in this new-age technology.

The global cloud computing market size is expected to grow from USD 371.4 billion in 2020 to USD 832.1 billion by 2025, at a Compound Annual Growth Rate (CAGR) of 17.5% during the forecast period. Cloud computing usage is gaining momentum in the world mainly because of government support, vendor offerings, and proven best practices, which have resulted in many organizations across the globe planning to move to the cloud on priority.

Cloud services are taking the business world by storm and cloud adoption statistics tell the same story. Cloud computing is of growing interest to organizations around the globe, but many are finding greater costs and greater obstacles to the adoption of cloud computing.     

 


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