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Home | Blogs | Cloud Computing & Today's Business World
Fri Apr 16 08:40:47 UTC 2021

Cloud Computing & Today's Business World

Let's begin with the basics!

What is Cloud Computing?

Simply put, cloud computing is delivering computing services over the internet, such as servers, storage, databases, networking, software, analytics, and intelligence. These services allow for faster innovation, more flexible resources, and cost savings.

Cloud computing provides internet-based access to the same types of applications. As a result, the cloud-accessing device does not have to work as hard. Cloud servers free up memory and computing power on individual computers by hosting software, platforms, and databases remotely.

What are the types of Cloud Computing services?

Cloud computing services fall into three main categories, namely Infrastructure as a Service (IaaS), Platform as a Service (PaaS), and Software as a Service (SaaS).

  • Infrastructure as a Service (IaaS)

This is the most common cloud computing service model because it includes the basic Infrastructure of virtual servers, networks, operating systems, and data storage drives. It provides the flexibility, reliability, and scalability that many businesses seek from the cloud while also eliminating the need for office hardware. This makes it ideal for small and medium-sized businesses looking for a low-cost IT solution to help them expand. 

  • PaaS (Platform-as-a-Service)

Platform-as-a-service (PaaS) refers to the supply of on-demand tools for developing, testing, delivering, and managing software applications. PaaS provides a platform for developers and IT architects to build scalable web and mobile apps without having to worry about setting up or maintaining the underlying infrastructure of servers, storage, network, and databases. 

This cloud computing approach entails the distribution of information over the internet to a variety of companies that pay on a subscription or per-use basis. It's a great tool for CRM and apps that need a lot of webs or device access, including mobile sales management applications. SaaS is suitable for short-term projects because it is operated from a central location, enabling companies to concentrate on their core competencies.

Who are the top Cloud Computing Service Providers?

Below is a list of top cloud service providers in 2021:

  1. Amazon Web Services (AWS)
  2. Microsoft Azure
  3. Google Cloud
  4. Alibaba Cloud
  5. IBM Cloud
  6. Oracle
  7. Salesforce
  8. SAP
  9. Rackspace Cloud
  10. VMWare

What was the COVID-19 impact on cloud service providers?

The COVID-19 pandemic has wreaked havoc on many people's lives and industries on a massive scale. However, if one industry has benefited from this, it is the cloud computing industry. Businesses have been forced to follow a remote work model as a result of the introduction of lockdowns. This scenario, in turn, has created cloud service providers a plethora of new market opportunities.

Furthermore, the proportion of IT spending allocated to the cloud is expected to increase even further. Cloud platforms are increasingly being used by companies for new projects or to replace existing systems, suggesting that conventional IT investment is being reallocated to the cloud. As a result of this evolution, cloud computing has become one of the most disruptive forces in IT markets since the dawn of the digital era.

That being said, the increased use of conferencing and collaboration services by employees working from home is putting a strain on cloud back-end support services and increasing traffic on networks that connect users to these services. Only providers with a robust and abundant architecture that can maintain a consistent customer experience will be able to handle the increased demand.

CLOUD COMPUTING TRENDS TO WATCH OUT FOR IN 2021:

  • Multi-Cloud Approach

The use of two or more public cloud providers to serve an organization's IT services and infrastructure is known as multi-cloud. Costs, technological specifications, regional availability, and other considerations are used to determine the best services from each cloud provider. For example, an organization can use Google Cloud for growth and testing, AWS for disaster recovery, and Microsoft Azure for business analytics data processing. 

With a multi-cloud approach, companies can spread workloads selectively between different computing infrastructures, resulting in cost savings, reduced barriers to innovation, improved disaster recovery and business continuity planning, and increased productivity.

  • AI Cloud Computing

AI cloud computing combines artificial intelligence's machine learning capabilities with cloud-based computing environments to allow intuitive, connected experiences. Siri, Amazon Alexa, and Google Home are examples of digital assistants that incorporate a seamless flow of artificial intelligence technology and cloud-based computing tools to enable users to make transactions, change a smart thermostat, or listen to a favorite song instantly. 

On current cloud computing systems, artificial intelligence technologies are being used to provide more value. Furthermore, to offer end-users more functionality, SaaS (software-as-a-service) providers are integrating AI tools into larger software suites.

  • Virtual Cloud Desktops

Virtual Cloud Desktops are essentially where our entire workstation environment is distributed to our laptop or desktop screen as a controlled cloud service. This ensures that businesses will pay for the time their workers spend working at their computers by the hour, minimizing the expense of hardware upgrades and the need to dispose of obsolete technology.

This model of computing, also known as desktop-as-a-service, is provided by Amazon's Workspaces platform and Microsoft's Windows Virtual Desktop. The feature is also available on Google's Chromebook computers.

In practice, this will boost overall productivity by ensuring that everyone is using the most up-to-date, coordinated technology. It also improves security by allowing all devices to be handled centrally rather than having to ensure that everyone on the network follows best practices.

A BRIEF LOOK AT EDGE AND FOG COMPUTING

We’ve heard a lot about cloud computing as the most prominent form of IoT data management. Along with cloud computing, fog and edge computing are becoming popular as well. Below is a brief look at what is fog and edge computing, how the market of these technologies is poised. 

  • Edge Computing

Edge computing is a method of handling data at the network's edge. One of the main factors driving consumer demand is the ability of edge computing to help applications that research and process collected data in real-time.

 The introduction of 5G networks, various IoT software platforms and languages is creating a surge of opportunities for edge computing market growth in the coming years. Furthermore, factors such as the rise in demand for low latency processing and real-time, automated decision-making solutions necessitate the need for edge computing. 

  • Fog Computing

Fog computing is a decentralized computing architecture where data, compute, storage, and applications are distributed between the data source and the cloud. Fog computing, like edge computing, takes the cloud's benefits and power closer to the point where data is generated and used.

 As there is a rise in the adoption of smart devices to facilitate smart grids, smart cities, vehicle networks, software-defined networks, etc., there is a considerable increase in the demand for fog computing. Additionally, the increasing adoption of cloud computing platforms is elevating the fog computing market size.

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