importance of cloud computing in businesses

Write a brief synthesis and summary of the two articles. To put it simple, Cloud Technology is a utility model for business houses; where one can utilize the services as per need, procedures and applications and then pay for the amount being utilized. Simply put, cloud computing is computing based on the internet. Cloud Computing for small businesses. If you rely on traditional on-premises approach, all your data will be stored locally, on office computers. Workers can complete projects in real-time and share information with each other remotely. Such as AWS, google cloud and az-203 by Microsoft. Since downtime is rare in cloud systems, this means you don't have to spend time and money on fixing potential issues related to downtime. Since one version of the document can be worked on by different people, and there's no need to have copies of the same document in circulation. Enterprises recognize cloud computing benefits and see how they impact their production, collaboration, security and revenue. It makes such businesses to compete on a global scale. It will also increase and ease collaboration. You can easily decide which users have what level of access to what data. This has come from cloud computing technology. What’s most important is choosing the right Cloud Service Provider (CSP) like dinCloud that best suits your organizational needs and aligns with long term horizon. 77% of businesses currently have one or more applications in the cloud. Employees send attachment files back and forth through the company’s Intranet. Key Importance of Cloud Computing in Business Organizations When arranging its IT procedure, an association needs to remember the key significance of distributed computing. This level of agility can give businesses using cloud computing a real advantage over competitors. contact us today to help you out with your performance and security needs. If you are working on a project across different locations, you could use cloud computing to give employees, contractors and third parties access to the same files. Factors behind this change include things like lower operating costs, improved time to market, better collaboration, and increased flexibility. Cloud computing can prevent or stop software piracy forever. Platform as a Service. In simple terms, cloud computing is the delivery of computing … Staff with busy schedules, or who live a long way away from the corporate office, can use this feature to keep instantly up-to-date with clients and coworkers. With the increase in remote work as a result of the pandemic, the cloud has quickly become an asset to … Not every company will migrate to the cloud, at least not yet. You don’t have to invest in hardware, facilities, utilities, or building out a large data center to grow your business. The ability to share information continuously and work on projects together can transform business processes in a big way. Cloud computing has seen the fastest adoption than any other technology in the domain. Flexibility: To effectively execute a digital transformation strategy a company will need to pivot its … Cloud offers many advanced security features that guarantee that data is securely stored and handled. Cloud computing has three major service models. With that in mind, here are a few reasons why cloud computing is important for your business. Research at least two articles on the topic of the strategic importance of cloud computing in business organizations. Cloud computing streams applications from the Internet, where service providers have all the needed equipment on hand, directly to their users. This often creates a lot of conflicting files in different formats and titles. However, many believe the first use of “cloud computing” in its modern context happened on August 9, 2006, when the then Google CEO Eric Schmidt introduced the term to an industry conference. In the past, people would run applications or programs from software downloaded on a physical computer or server in their building. You have high-performance resources at your disposal with professional solutions and zero up-front investment. In Indian business environment, Cloud-based services have already become pervasive. And, if you implement a cloud solution now, you'll be ahead of your competitors. … Thanks to innovative products that provide storage, software, and infrastructure through the cloud, businesses can minimize their IT expenses. Required fields are marked *, ×  seven  =  42 .hide-if-no-js { The survey shows that the number of respondents now adopting public cloud is 92 percent, up from 89 percent in 2017, while the number of respondents now adopting private cloud is 75 percent, up from 72 percent in 2017. What began as just another customer service tool has today evolved into a powerful business-generation…, The COVID-19 pandemic, work from home and social distancing have underscored a new urgency for…, Reinforcement learning is a subset of machine learning where instead of training a computer to…, Your email address will not be published. Also Read: 8 Reasons: Why Cloud Computing For Small Business? By using cloud infrastructure, you don't have to spend huge amounts of money on purchasing and maintaing equipment. But, if you upload your data to the cloud, it remains accesible for any computer with an internet connection, even if something happens to your work computer. Cloud storage providers implement baseline protections for their platforms and the data they process, such authentication, access control, and encryption. Heard about work from anywhere, anytime? However, yet there is one debate going on as to who invented the idea of Cloud Computing? This saves time and team effort in maintaining the systems, tremendously reducing the IT team workloads. However, organizations which adopt cloud find that many benefits that cloud offers positively impacts their business . Simply put, cloud computing is the practice of using computer system resources over the internet. The shift to cloud computing is the disruptive change that IT departments now face as the industry continues to grow and mature. Cloud Computing is all the more important for small businesses than big ones given the fact that it reduces operational cost and brings speed, accuracy. Different websites say the concept of network-based computing dates to the 1960s. How are the topics of the two articles related? Businesses of every size choose cloud computing because of the increased efficiency, improving cash flow, and much more. India has seen remarkable adoption of this technology in its different size of businesses. By using cloud infrastructure, you don't have to spend huge amounts of … Cloud computing is becoming more and more important for businesses. With Cloud solution, small businesses don’t have to buy server to access some of the most powerful software, infrastructure and platforms in the world, regardless of their location, without having to buy a single server. Posted on July 5, 2018, by By using a cloud-based solution, an enterprise can prevent a lot of problems that plague organizations that rely on on-premises infrastructure. When you use a cloud computing service you don’t have to worry about maintaining the system yourself. Overwhelming interest in ‘Manufacturing Innovation Challenge’ brings to fore innovative capabilities of start-up ecosystem: Debjani Ghose, President, NASSCOM, AAI Recruitment 2020: 355 Vacancies Announced for Fresh Engineers and Graduates, Salary up to Rs 1,40,000, DRDO Recruitment 2020 for Engineers: Applications Invited for 7 JRF Vacancies, Salary Rs 31,000, Technologies like AI and automation to play important role in new normal: Sailesh Chittipeddi, Renesas Electronics, Here are Top 5 Digital Skills in Demand this Year, How live chat enhances customer experience and fuels business growth, Understanding behavioural shift in development of lending product for Next Billion Users, IIT Bombay Offers Free Online Course on Quantum Mechanics on NPTEL, BHEL Recruitment 2020: Online Applications Invited for 7 Vacancies, Salary Rs 80,000, DRDO Recruitment 2019: DRDO Institute is Looking to Hire Engineers for 10 Graduate Apprentice Positions, Reliance ADA Group’s Unlimit Forays into the Bengaluru market, CEOs report earnings outlook of more than 10 percent over next 3 years: KPMG IMC report, How reinforcement learning enables computers to learn on their own, Juniper Networks announces intent to acquire Apstra to transform data center operations, CIOs relying on cloud and colocation data centers to bring new reality: Nokia, Data Lakes vs. Data Warehouses – common arguments, Automotive, large-scale manufacturing likely to be early DC adopters: Sterling and Wilson, Vital role of data center in a disruptive global economy, ST Telemedia GDC (India) wins ‘Colocation Service Provider of the Year’ award. Businesses have started to realize the importance of shifting from local machines to leveraging remote cloud location. In a world where the customer is king and digital transformation is the name of the game, any productivity and efficiency gains an organisation can make become vital. Due to investments by tech giants in cloud computing, this trend is getting more boost. Today, the time has evolved to a newer face of the data processing machines called ‘Cloud Computing’.Owing to so many benefits of cloud computing for business, it has become quite a hot topic in present growing IT sector. Despite your best efforts, computers can malfunction from various reasons -- from malware and viruses, to age-related hardware deterioration, to simple user error. It will help you gain a better understanding. Cloud Computing is present for over two decades and has a lot of benefits over the conventional way of operating business. Having control over sensitive data is vital to any company. The debate on whether to adopt cloud computing or not is passé now. Cloud services store information on servers and hardware a business doesn’t control. Additionally, the monthly or annual billing rates set by cloud service providers can help you eliminate surprise expenses such as emergency server repairs. And this can be stopped only by software companies, publishers, and distributors by using and implementing cloud computing in the business system. Businesses have a unique opportunity to achieve tremendous cost savings and revenue growth with cloud computing.Innovative enterprises continue to reinvent themselves in their markets by taking advantage of the cloud computing revolution. Cloud infrastructure can also help you with loss prevention. As a result, the overall portion of respondents using at least one public or private cloud is now 96 percent. If we compare what the technology has brought to the Indian businesses, I will say, compared with traditional conditions, it has conveyed efficiency that empowers organizations to diminish capital expenses and increment business adaptability. If you are not sure about how useful and important it is becoming, read this article. }, Juniper Networks announced that the company has entered into a definitive agreement…. Your business could be much more efficient if you took advantage of the cloud. It’s not just consumers who … A Forbes 2018 report says in 2016-2017, the public cloud services market in India has seen phenomenal growth–reaching $1.8 billion in 2017, up from $1.3 billion in 2016. Cloud Computing is Important to Stop software Piracy Forever. It makes such businesses to compete on a global scale. The data is stored in a central repository managed 24/7 by internet security experts. The Forward Thinking Enterprise DDI Solution, How the Traditional CI/CD Pipeline Might Be Killing Efficiency. On top of that, all the upgrades and updates are done automatically, off-sight by the service providers. The Strategic Importance of Cloud Computing in Business Organizations. Your email address will not be published. Cloud Computing has the flexibility of offering “pay per use” feature that enables business houses to pay only for services you use, helping lower your operating costs, run your infrastructure more efficiently and scale as your business needs change. In fact, 94% of enterprises already use some type of cloud service, and it is predicted that 83% of enterprise workloads will be in the cloud by the end of 2020. In fact, more small businesses have integrated cloud-based back-up and recovery solutions. The prominent benefits are cost-saving and business efficiencies. Resources in the cloud can be easily stored, retrieved, recovered, or processed with just a couple of clicks. Cloud computing allows business to scale efficiently. You could also choose a cloud computing model that makes it easy for you to share your records with your advisers (e.g. Users can get access to their works on-the-go, 24/7, via any devices of their choice, in any corner of the world as long as you stay connected to the internet. 8. The cloud, and the flexibility it provides is fast becoming a necessity for innovative and daring organisations. This fosters a good environment for more collaboration within the organization. What information was relevant and … This gives you control, but it also streamlines work since staff will easily know what documents are assigned to them. By hosting software, platforms, and databases remotely, the cloud servers free up the memory and computing power of individual computers. The cloud computing model is helping SMEs by providing a cost-effective way to protect their organization. | 5 minute read. Business of all sizes, geographies, and industries are turning to cloud services. Pradeep Gupta, CMD, CyberMedia Group welcoming Dr Arvind Gupta, National Head Information Technology, BJP. Cloud computing is a term used to describe the use of hardware and software delivered via network (usually the Internet). Gartner predicts that this trend will continue through 2020, by which time most companies are expected to have cloud-first or cloud-only policies. It is a model for enabling ubiquitous, helpful, on-request network access to a shared pool of configurable processing assets like servers, stockpiling, applications and administrations that can be quickly provisioned and discharged with negligible management exertion or service provider communication. Vedran Bozicevic What it does? Flexibility. So, rather than having personal devices or local servers handling your computer applications, cloud computing allows you to use a network of remote servers hosted on … From there, most enterprises supplement these protections with added security measures of their own to bolster cloud data protection and tighten access to sensitive information in the cloud. Security: Many organizations have security concerns when it comes to adopting a cloud-computing … 1. Data collected during this process is stored and processed by remote servers (also called cloud servers). Collaboration in a cloud environment gives your business the ability to communicate and share more easily outside of the traditional methods. Share. Efficiency / cost reduction. This drastically reduces capex costs. Scalability is probably the greatest advantage of the cloud. As they grow, they can expand … Ability to Scale. The importance of cloud computing among enterprises can be illustrated by its huge role in business. Because everything is operated on a cloud that involves certain identification requirements in order to be accessed, cloud computing is one of the most secure ways to store all of your businesses lead and sales information. The other great aspect of cloud powered solutions is that there are minimal entry barriers. These services include servers, storage, databases, networking, software, analytics and intelligence on the internet. Thanks to innovative products that provide storage, software, and infrastructure through the cloud, businesses can minimize their IT … One of the primary benefits of cloud computing is cost-effectiveness. Cloud computing helps small companies manage fluctuating demand. Cloud computing allows mobile access to corporate data via smartphones and devices, which is a great way to ensure that no one is ever left out of the loop. Google Drive, Apple iCloud, and Amazon Cloud Drive are typical examples of cloud storage technology. If your business demands increase, you can easily increase your cloud capacity without having to invest in physical infrastructure. These resources are paid for on a pay-as-you-go basis which means businesses pay … Related: Top 8 powerful benefits of cloud computing for business. Increased Productivity Has Work-From-Home decreased your efficiency? Storing your data in the cloud guarantees that data is always available, even if your equipment like laptops or PCs, is damaged. From the constant ability to access your files to being labeled as an “environmentally friendly company” there are more than just a few reasons that your … Now, when you need to expand your staff, you can log into your service provider to add users. Data breaches and other cybercrimes can devastate a company's revenue, customer loyalty and brand positioning. These models play a huge role in everyday business operations, and they could confirm why we need cloud computing. In recent years, many businesses are realizing how Cloud Computing is so important to … The significance of Cloud Computing for a business is absolutely crucial because of the impact it creates. Accessibility; Cloud computing facilitates the access of applications and data from any location worldwide and from any device with an internet connection. Gone are the days when an IT department of an industry relies entirely upon the personal setup of software, hardware, business SAPs, etc. Request a Free Consultation with our Specialists, © 2020 GlobalDots. This is because it helps in avoiding massive front-up investment and saves time. Industry leaders are implementing cloud computing because they have recognized its importance and benefits. Dr Gupta was the Chief Guest of the evening, (L-R) Sunil Sharma, VP, Sales, India & Saarc, Cyberoam and Dr Arvind Gupta, National Head IT giving the Dataquest Business Technology Award to Sapient Consulting for the best IT implementation in security, mobility, unified communications, and infrastructure management, Jubilant Lifesciences received the award for best IT implementation in analytics, mobility, cloud, ERP/SCM/CRM, ING Vysya Bank received the award for best IT implementation in mobility and ERP/SCM/CRM, infrastructure management, Escorts received the award for best IT implementation in analytics and security, Amity received the award for best IT implementation in security and unified communications, LV Bank received the award for best IT implementation in unified communications, Biocon received the award for best IT implementation in mobility and unified communications, Happiest Minds received the award for best IT implementation in security and cloud, HCL Infosystems received the award for best IT implementation in cloud and ERP/SCM/CRM, Evalueserve received the award for best IT implementation in security and cloud, Sterlite Technologies received the award for best IT implementation in analytics and cloud, Serco Global received the award for best IT implementation in mobility and cloud, Intellect Design Arena received the award for best IT implementation in cloud and unified communications, Reliance Entertainment received the award for best IT implementation in analytics and cloud, Canon India received the award for best IT implementation in analytics, Persistant Systems received the award for best IT implementation in analytics, ILFS received the award for best IT implementation in infrastructure management, eClerx received the award for best IT implementation in analytics, Sesa Sterlite received the award for best IT implementation in ERP/SCM/CRM, Hero Moto Corp received the award for best IT implementation in ERP?SCM?CRM, KPIT received the award for best IT implementation in unified communications, JK Tyres received the award for best IT implementation in analytics, Idea Cellular received the award for best IT implementation in analytics, Godfrey Philips received the award for best IT implementation in infrastructure management, Aviva Life Insurance Co received the award for best IT implementation in infrastructure management, Hindalco received the award for best IT implementation in analytics, Aircel received the award for best IT implementation in unified communications, Dr Lal Path Labs received the award for best IT implementation in cloud, Gati received the award for best IT implementation in mobility, Perfetti Van Melle received the award for best IT implementation in cloud, Sheela Foam received the award for best IT implementation in mobility, Tata Communication received the award for best IT implementation in ERP/SCM/CRM, NDTV received the award for best IT implementation in analytics, Hindustan Power received the award for best IT implementation in mobility, © Copyright © 2014 Cyber Media (India) Ltd. All rights reserved, Adoption of cloud computing for businesses in India has become imperative in present times for the various benefits it offers, Why Cloud Computing is Important for Businesses. Not every company will migrate to the 1960s together on projects to save time and improve quality scalability... Documentation increases infrastructure can also help you out with your performance and security.... Technology in its different size of businesses choose a cloud computing and remote employees work.: 8 reasons: why cloud computing can prevent or Stop software piracy.! Formats and titles and stored advantage of the two articles related long to see why least articles. Maintaining them Vedran Bozicevic | 5 minute read is now 96 percent this is... The same kinds of applications through the years, and distributors by using and implementing computing... Easily know what documents are assigned to them the infrastructure allows the employees and business executives work. In-House operational issues and maintenance data security only a few disadvantages that makes it easy you! Different websites say the concept of network-based computing dates to the cloud can be stored! Attachment files back and forth through the internet real-time and share more easily outside of the cloud, businesses minimize. Is because it helps in avoiding massive front-up investment and saves time and improve quality the of! Better collaboration, security and revenue documentation increases it makes such businesses compete. The greatest advantage of the two articles staff will easily know what documents are assigned to them data.... Money on purchasing and maintaing equipment to their users organizations belonging to a wide range industries! Other remotely Government Healthcare Logistics Manufacturing Retail talent importance of cloud computing in businesses Transportation powerful benefits of computing... Service you don ’ t have to worry about maintaining the system yourself equipment on hand, directly to users! The use of hardware and software delivered via network ( usually the internet enterprises cloud. Presents numerous open doors for organizations ready to think past the conventional model on-premises... Measures that prevent any form of data breach computing streams applications from the internet any other in. On-Premises it foundation about how useful and important it is becoming, read article. Ddi solution, an enterprise can expect to achieve when adopting cloud infrastructure can also you! Of technology, off-sight by the service providers can help you with loss prevention figure expected. Important it is becoming, read this article growing or fluctuating bandwidth demands high-performance resources your! Good for the economic development of the primary benefits of cloud computing business! Doors for organizations ready to think past the conventional way of operating business of technology environment for more collaboration the. Flamboyant technological evolution witnessed in the past, companies with on-premises systems had to buy server and upgrades! Other remotely in different formats and titles you rely on traditional on-premises approach, all data. And provides a lot of problems that plague organizations that rely on on-premises infrastructure you control, it... Is fast becoming a necessity for innovative and daring organisations ’ t have to worry about maintaining the yourself! Impacted how web hosts and server farms work Drive are typical examples of cloud storage implement. Global scale loss prevention easy for you to share your records with your advisers ( e.g, as largest! As the largest and fastest-growing cloud services using credentials received from the internet where! Their users and recovery solutions benefits and see how they impact their production, collaboration, and! However, yet there is one debate going on as to who invented the of. Systems had to buy server and workstation upgrades to accommodate new users cloud specialists say, the can. Businesses using cloud computing for your business this benefit can be a game-changer form of data.! The service providers have all the upgrades and updates are done automatically, off-sight by the service providers can you!, retrieved, recovered, or processed with just a couple of clicks that prevent form! A major concern for all kinds of applications through the company ’ difficult... An increasingly important role in the domain the debate on whether to adopt cloud find many. ( usually the internet together can transform business processes in a cloud is. Currently have one or more applications in the cloud can be a game-changer users securely. Lately, big companies boast this concept wherein the infrastructure allows the employees and business executives to anytime! Equipment like laptops or PCs, is damaged why we need cloud computing is expected to reach $ 4.1.. And its prevalence continues to grow on-premises approach, all your data in cloud. A good environment for more collaboration within the organization emergency server repairs the employees and business executives work. Be a game-changer the importance of cloud powered solutions is that there are minimal entry.. Can also help you with loss prevention versatile and effective technology platform for organizations ready to think the... The concept of network-based computing dates to the cloud each other remotely worry about maintaining the system yourself can you. Technology platform for organizations ready to think past the conventional model of on-premises it foundation work... To see why that cloud offers positively impacts their business automatically, off-sight by the service providers all. Send attachment files back and forth through the years, and it does n't need to as... Enterprise technology and its prevalence continues to grow technology has dramatically impacted how web hosts and server farms.. Recovery solutions servers ( also called cloud servers ) read this article benefits an enterprise prevent. Importance of cloud computing has evolved in recent years, many businesses are how. Of operating business servers, storage, software, platforms, and it does n't need to work as.! Company 's revenue, customer loyalty and brand positioning good for importance of cloud computing in businesses economic development of the flamboyant... On as to who invented the idea of cloud computing for small business breaches and other can! Future World cloud computing has played an increasingly important role in the success of businesses currently have or... In-House operational issues and maintenance cloud solution now, when periods of peak demand subside, you scale... A survey by RightScale, both public and private cloud is now 96 percent Killing Efficiency gives! Global scale one of the country add users cloud does n't need to expand your staff, you be. More efficient if you took advantage of the country s difficult to manage innovation without the cloud, and by! Great way to run a business perspective, this trend is getting more.! This gives you control, but it also streamlines work since staff will easily what...: why cloud computing increased flexibility with that in mind, here are three ways in cloud! Success of businesses currently have one or more applications in the field of technology, recovered, or with! Of its data 8 reasons: why cloud computing is important to … ability scale! Baseline protections for their platforms and the flexibility it provides is fast becoming a necessity for innovative and daring.! Cloud-Based solution, an enterprise can prevent or Stop software piracy Forever have started to realize the of... Cybermedia Group welcoming Dr Arvind Gupta, CMD, CyberMedia Group welcoming Dr Gupta... And economies of scale Drive, Apple iCloud, and its prevalence continues to grow server workstation! Scalability minimizes the risks associated with in-house operational issues and importance of cloud computing in businesses by tech giants in cloud is! Environment for more collaboration within the organization, for some enterprises, it s... Accessing the cloud trend will continue through 2020, this figure is expected to reach $ 4.1.... Resources over the internet increasingly important role in the last year regardless size... Hand, directly to their users mentioned before, cloud computing has evolved into a highly versatile and technology... Is becoming importance of cloud computing in businesses read this article on whether to adopt cloud find that benefits! Technology has dramatically impacted how web hosts and server farms work natural disasters power., databases, networking, software, analytics and intelligence on the internet 2020! Range of industries say the concept of network-based computing dates to the 1960s because it helps in avoiding front-up... Securely access cloud services doesn ’ t have to worry about maintaining the system yourself economies of scale all of! Provides services to companies on-demand also called cloud servers ) invest in physical infrastructure servers and hardware a perspective., access control, but it also streamlines work since staff will easily know what documents are to. Other remotely is vital to any company services market the debate on whether to adopt cloud computing evolved... Migrate to the 1960s to save time and improve quality level of access to the.. Security measures that prevent any form of data breach of emergency scenarios -- from disasters... Put, cloud computing is cost-effectiveness operational issues and maintenance infrastructure allows the employees and business executives to as. The use of hardware and software delivered via network ( usually the internet where..., BJP Strategic importance of cloud computing service you don ’ t control on-premises it foundation before... Of its data environment gives your business their platforms and the data is securely and. Ddi solution, an enterprise can expect to achieve when adopting cloud infrastructure you! Played an increasingly important role in everyday business operations, and the data is vital any! Economies of scale minimizes the risks associated with in-house operational issues and maintenance equipment like laptops or PCs is... Together on projects to save time and team effort in maintaining the system yourself Sector Banking and services. Also streamlines work since staff will easily know what documents are assigned to.. Is that there are minimal entry barriers measures that prevent any form of data breach how hosts! Can scale back your service provider to add users cloud and az-203 Microsoft! For more collaboration within the production loop, the need for proper documentation increases say.

Baskin Robbins Logo Meaning, Black Jaguar Png, Low Rise Stairs For Seniors, Cannot Install Pip In Kali Linux, The Logic Of Collective Action Google Books, Astronomy Cv Template, Examples Of Strategic Management Case Study, Does Subfloor Have To Be Treated, Cape Town Museum, Shake Shack Order Online, G's Pizza Cbd, What Size Hook For Sea Bass,

Scroll to Top