Why is cloud computing the future?

In today’s digital era, companies are becoming digital enterprises where their customers and suppliers interact via IT based mechanisms (eg. Mobile apps), faster and easier accessibility of data and resources has been an integral part for a company which has been possible through cloud computing. Over the past few years, the cloud computing industry has generated a lot of interest and investment. In general terms as defined by Google, cloud computing is the practice of using a network of remote servers hosted on the Internet to store, manage, and process data, rather than a local server or a personal computer.

As we know that everything in this digital world is connected to the cloud in some way or another unless it’s specifically kept in local storage for security reasons. As tech giants and startups find new ways to organize process and present data cloud computing will become a more and more integral part of our lives. Success in today’s business environment requires more than just speed, though. Just as critical is innovation, the ability to develop new offerings, evaluating their potential market adoption which the why cloud computing has gained interest and provide benefit for future.

Matt Riley, CEO & Co-founder of Swiftype, stated in an article interview that, “A decade from now, every business will be operating primarily from the cloud, making way for more flexible yet more productive and efficient ways of working. Hardware won’t be the problem in decade software will”. So, we can predict that in next few years cloud will be transformative for companies for data analytics, artificial intelligence and other capabilities become available as services.

With the help of cloud, Smart elevators and parking lots, driverless cars and drone taxis, trains and subways, farms and power plants all will be safer and better managed. Similarly, with different cloud such a commercial aviation cloud, will help airlines manage ground operations such as maintenance, fueling, baggage handling, and cabin cleaning, thereby increasing efficiency and helping flights take off on time, banking cloud will let financial institutions scan thousands of transactions per second to prevent fraud which will in fact provide more security in future days to come.

To sum up, some of the key benefits that will make cloud the future are:

  • Reliability, Scalability & Sustainability: the services should continue to work correctly even in the face of adversity(in data volume, traffic volume, or complexity).
  • Secure storage management: the data is kept secured with the help of experts and data is stored in third party data centers.
  • Pay as you use, lower total cost of operation: you only pay for the services that you choose and not for the entire system or server (unlike on-premise).
  • 24*7 support: due to the option for operators to work in the cloud space from anywhere in the world & any device, the support is available 24/7.
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