Cloud Computing Leashes New Life to Businesses

Without a doubt, cloud computing will go down in history as a turning point in human evolution. The number of services operating online has seen a colossal increase in the past few years. Inarguably, the biggest proponent of this rise are the small and middle business sectors, which thrive on ready to implement online-based services and tools. If not for the huge variety of HR services, chat tools, and security frameworks available on the web, a whole lot of indie firms would have ceased to exist. All those essential, must-have online services fall into the category of cloud computing.

Cloud Computing- to Be on Cloud Nine or Not to Be, That Is the Question

In present days, cloud computing services have become a prerequisite for success for big and small businesses alike. But what exactly is the cloud computing and what is it based on? It is simply the delivery of computing services via centralized server facilities. The model aims at provisioning companies with highly configurable system resources, easy to scale, and requiring minimum management. Therefore, companies that struggle to accommodate for huge computing facilities can find a remedy in the cloud architecture. Just think of necessities as storage and data backups, website hosting, VoIP, chat and social media, information analysis, all those services wouldn’t be possible on a global scale if not for cloud computing. On the technical side, the building blocks of the cloud are represented by logically modulated virtual machines. Virtualization is performed by specialized software or on OS level. What this essentially does, is creating, logically independent units, which are easy to allocate and manage. This optimizes geometrically the utilization of physical space needed for the hardware and in turn, makes leasing system resources feasible. Cloud computing churns out metrics on a regular basis, which insure the system against failure, as well as self-maintain the whole business model.

connected devices on the cloud

Why Cloud Computing Saves Money and Boosts Efficiency

The big thing with centralization is that distribution to the public is made easier and at a lower cost. But this is not the only distinct advantage of the cloud computing brings to the table, how about adding efficiency and flexibility to the equation. In addition, the end-users don’t need to perform regular and costly maintenance to keep the equipment going. Now that we pinpointed the key moments in the cloud computing service let’s break them down into categories.

Bringing the cost down

One compelling argument in favor of cloud computing is it lowers the operation cost of an organization by letting it wash hands of maintaining cumbersome equipment, buying high-end software or hiring IT experts. By cutting costs, the cloud technology confers the freedom to nurture just the core business structures as opposed to investing capital in unfamiliar sectors.

Flexibility

Typically cloud computing services come with various plans for small and big businesses. This effectively gives the ability to change gears in transition whether you want to upgrade, downgrade or halt. The shift in speed or capacity can be regulated seamlessly with no need for sophisticated planning beforehand. Such flexibility plays in favor of both small and big organizations.

Performance

Because the cloud-based services are backed by the high-end hardware you will rarely experience setbacks of any sort. What’s more, the collective computing power of industrial proportions can deliver an unrivaled performance even to the big corporations. The neat thing being that no reservation is needed, and the volume controller remains in your hands at all times.

Ease of access

When we put into perspective that everything on the cloud moves through the Internet it’s easy to assume that a connection to the world wide web is the underlying prerequisite for successful use of cloud-based services. Fortunately, this is the only requirement organizations will ever face in order to manage their cloud resources. Regardless of where the company is based, the cloud resources can be accessed from anywhere through a simple web browser.

Who Are the Biggest Players

Stripe is an online payments company that caters to giants of the caliber of Facebook and Unicef. So many organizations bank on Stripe’s software to advance their business, that the valuation of the company is estimated at 9.2$ billion. While Stripes is the clear leader valuation-wise, a lot of other companies contribute to the popularity of the cloud and reel in new customers. One such example is Dropbox. Deal in storage space , the company is definitely on to something with millions of fans and loyal clients. Proponents of Dropbox advocate the ease-of-use and reliance of the service. While Dropbox lets their users store and share files, the more corporate-oriented business solution Slack provides the tools of the trade for every business. Slack, DocuSign and Adyen place 3rd, 4th, and 5th respectively on the valuation list. A commanding part of the cloud is reserved for data and analytics companies. At the forefront of the sector are Utah based research & experience company Qualtrics. Despite its relatively low


Populated area, Utah is home to several accomplished companies, providers of cloud services, like Domo, Pluralsight and more. The shapeshifting nature of the cloud is hard to put into a few words. The services are constantly morphing or evolving and readjusting, but we would like to briefly mention the information technologies, security, marketing, healthcare and web hosting sectors.

What Cloud Computing Holds in Store for the Future

First of all, the numbers show, that in a matter of few years, all companies will inevitably adopt the cloud technology in their business model. We make this conclusion on grounds of the emerging tendency entrepreneurs to switch to cloud space services. At some point in time, the local server rooms will be regarded as cumbersome and inefficient and the leap towards cloud computing will become mandatory. The concept of centralized system resources addresses some crucial issues, impeding the proper collaboration between offices and even partnering companies. Setting up individual workstations with software suits, not only is not rational thinking, but it’s expensive too. So by unifying the work environment via shared resources, cloud services eliminate this problem. By using a single platform, no compatibility or standardization issues could occur, therefore the door to cooperative endeavors is left wide open. A massive effect of the cloud computing phenomenon will be an alienation of the average user from the software market since all software will be running in the cloud. This brings us to the point. User terminals or workstations will also experience a notable shift because they will be nothing more than access points to the cloud, therefore they will most likely be deprived of the modules accounting for serious computing power.

Finishing Touches

All things considered, we made it clear to the unbiased reader, that thanks to cloud computing every organization with access to the Internet can leverage services with tremendous value via flexible payment plans. The cloud holds a bright future for small and big organizations alike, it will bring down operation costs, dumb down the working process, introduce new opportunities for cooperation. As we speak, a number of cloud giants are working in the trenches to transform the Internet space as we know it.