Growth in Cloud Computing – The Future is Now 

In recent years, cloud computing has emerged as the answer to many business problems, and while some companies are still deciding if it’s right for them, others have already realized the benefits of this technology and made the leap. But what exactly is cloud computing, and how can you best leverage its potential? Follow along to learn more about how cloud computing can work for your business. 

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Trends in Cloud 

Cloud computing refers to online services that provide access to computer resources and data over a network, usually on a pay-per-use basis. Google’s email service, Gmail, represents one of many cloud services. Accessing these services from any web browser or Internet-connected device makes cloud computing convenient for businesses that operate with remote employees. These services also ensure users can avoid purchasing expensive hardware and software licenses. As more consumers embrace cloud technology, more companies are opting to use it too; according to a recent study by Cisco Systems, worldwide growth in cloud computing will reach 19 percent annually through 2015. That percentage points toward an estimated growth of US$176 billion between 2011 and 2016, up from US$35 billion in 2011. 

Growth Opportunities 

While it may seem like cloud computing has been on a steady growth trajectory for some time, it’s only now that we’re seeing major businesses truly embrace its potential and build their strategies around it. It’s easy to see why: businesses are reaping huge benefits from using cloud services from increased productivity to cost savings. And as more companies realize these benefits, demand for cloud technology is expected to continue growing steadily. In fact, according to Gartner, global public cloud services spending will increase by 12.7% annually through 2019; we’ll spend over $215 billion globally over that period. 

What Does This Mean For You? 

Whether you’re a business owner or a consumer, it’s hard to ignore how quickly cloud computing has grown in popularity. The global market for SaaS and IaaS alone will grow at about 21% CAGR between 2015 and 2020, with total revenue expected to reach $65 billion. And we’re still just getting started Cloud computing may be at only 1% of its potential today. So as traditional on-premise technology contracts, businesses are looking to cloud providers for additional storage space and information processing capacity.  

How Can I Get In on This? 

You have probably heard of cloud computing, but are wondering what it means and how you can get involved. This introduction to cloud computing will help you learn more about what it is and how you can take advantage of it. First, let’s start with a definition: Cloud computing is a model for enabling ubiquitous access to shared pools of configurable resources via web services (source). It uses web-based technologies that allow users to run applications on servers hosted somewhere else and accessed via an internet browser. Users don’t need to worry about managing servers or software licenses; everything is taken care of automatically by remote systems administrators who make sure your information is safe and secure at all times. 

Where to Go From Here 

Growth in cloud computing has created a new platform for growth for small businesses, making it easier than ever to gain access to high-quality tech services. From accounting software and storage capabilities to daily back-ups and web hosting, smart SMBs are turning to reliable, cost-effective cloud platforms instead of spending on hardware that may not be needed. Take advantage of the growth in cloud computing for your business by choosing solutions like those offered by Amazon Web Services; Bluehost or GoDaddy . These simple, dependable solutions can help you grow without breaking your budget. 

Few things can cause as much stress as starting a business from scratch and few aspects of running that business are more important than having an efficient, flexible and secure office space. 

 

By aamritri

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