Goldman Sachs reported that cloud computing infrastructure and systems are growing at a compounded rate of 30% annually (CAGR) beginning from 2013 to 2018. This is a substantial percentage considering that overall enterprise IT was pegged only at 5%.
This has given rise to cloud access security brokers (CASB) to monitor traffic. CASB’s are onsite cloud-hosted software systems as a conduit between cloud service providers and consumers that maintains standard protocols for security, compliance, and governance policies for cloud applications. CASB’s function to provide organizations with security controls of their on-premises infrastructure to the cloud. Businesses adopting to cloud-related services are accelerating faster than expected. In fact, it moves so fast that technology intelligence group Forrester revised its 2011 forecast of public cloud market size by up to 20%.
Whether it’s Software-as-a-Service (SaaS), Infrastructure-as-a-Service (IaaS), or Platform-as-a-Service (PaaS) system, the projections remain the same. So, how can businesses benefit from cloud-computer technology and services? Here are three major benefits that businesses can leverage from cloud-computing services.
Reduced cost and spending
Cloud computing allows companies to reduce the size of data centers but at the same time expand the network. This is mainly because of the virtual nature that allows it to be more dynamic and robust by eliminating the physical data center footprint in the process.
This drives down costs because it reduces the number of servers for its databases, cost of software and number of staff intended to manage it. All this without impacting the company’s IT-driven capabilities
Round the clock availability
One of the limitations of traditional IT staffing companies is the 9 to 5 workday of personnel, providing coverage to service for a specific time range. But with cloud computing services, there’s a 99.99% uptime in cloud-based processes and services. As long as there is an active internet connection, you can expect ready access to support and services any time of the day, no matter where you are in the world.
This is an advantage in attracting more customers and ensuring customer satisfaction.
You might not be totally aware of it, but have you ever used Google Docs or DropBox? Well, these are examples of cloud storage systems where you don’t have the physical storage media on hand but have it available online. Businesses could stand to benefit most from on-call and always-ready collaboration with business partners, suppliers or customers whether you are sitting on a lounge chair at a beach in Acapulco or skiing in the Alps- you can always conduct meetings and share files without worrying about lugging around too many gadgets with you.
So, have you explored cloud computing already? Experience what the majority of companies who are leveraging in this resource to enhance their businesses.