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.
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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