Cloud Computing Enhancing Business Expansion
Cloud hosting is a mainstream phenomenon today, hence growing in popularity. Cloud solutions have really passed way beyond the early adopter phase. Companies no longer just consider storing data externally, they do it. Enterprises are drifting towards cloud computing as such technologies are now essential for surviving in the digital age.
Cloud computing is all about storing and accessing data of users or enterprise over the internet instead of a computer hard drive. Such technology has been around for decades, but now it allows businesses to truly outsource their IT and trust that this deployment model will work for them. Cloud platforms are permitting new ecosystems of developers and designers beyond the four walls of an enterprise to extend software like never before.
The prime motivating factor for cloud adoption consists of increased application performance, faster delivery of services and data, and improved operational efficiencies. The legacy of a data repository is shielded with secure backup services and data process with strong encryption methods.
Today’s cloud services address different customer requirements (for instance, mobility, privacy, and multiple device access) and support near-term business opportunities as well as long-term strategic priorities for network operators, both private and public.
Cloud services are primarily important for enterprises using large amounts of data. The Parallel processing capability of cloud segregates the tasks and sends them to multiple servers, contributing to internal data center traffic. Data center of the cloud will continue to dominate Internet traffic for the foreseeable future. The global cloud evolution is highlighted by the researcher in the updated forecast that by 2019 eighty-three percent, or more than four-fifths of data center traffic, will be cloud traffic.
Enterprise cloud computing continues to be the fastest-growing segment as enterprises move their infrastructure needs to the public cloud. As per IDC, there will be 11% growth in the dedication of resources from private cloud to provider's cloud. Also, 44% of the investment is going to be preferably done on cloud-based solutions. As per IDC research, enterprises are picking up the pace of migration towards cloud platform.
Enterprises are shifting large portions of their IT infrastructure and resources over to the cloud services and preferring cloud hosting solutions.
"Across a wide range of cloud market segments, 2015 overall growth rates averaged 28 % and annual revenues reached the $110 billion milestones," John Dinsdale, Synergy Research Group chief analyst, told Datamation.
"Among all the segments, public IaaS/PaaS [infrastructure-as-a-service/platform as a service] observes the maximum growth rates, however, cloud infrastructure hardware and software still generate the maximum revenues at existing scenario," continued Dinsdale. Combined, the public IaaS and PaaS existing market segments, led by Amazon and Microsoft, grew at a glowing rate of 51 percent.
The private and hybrid cloud infrastructure services segment is also not left behind, with an approximate growth rate of 45 %. Amazon and IBM were the top performers in the category. In totality, all segments grew at a rate of minimum 16 %, observed Synergy.
Cloud hosting services and solutions providers generated $20 billion from infrastructure services (IaaS, PaaS, private and hybrid cloud services), in the 12-month survey of the market. SaaS contributed accounting for $27 billion in cloud spending.
Any enterprise that runs on its own infrastructure needs physical access to technology, backing up data and administration of hardware and software. On the cloud and enterprise does not need to build, buy, administrate or back up anything. Management of the cloud is the responsibility of the provider. Enterprises can concentrate on their own business.
Cloud hosting solutions empowers employees, customers, and vendors in new ways, unleash new operating models and potentials, gain business insights that drive enterprise growth and profitability and accelerate business competitive advantage in today’s ultra-competitive world. Lower cost, efficiency, flexibility, and simplicity of cloud services are the vital potential features of the Cloud for an enterprise to boom.
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