Cloud Computing: Trends, Challenges and Benefits

By Veritis

Cloud Computing Trends Challenges Benefits

It is interesting to see how our world has moved from a physical realm to more of a cloud realm.
Yes! We’re talking about the mighty ‘Cloud’.

70% of our businesses run on the cloud rather than in-house systems. Whether it is office work, booking flight tickets, getting medical help or conducting research, it’s all there!

As the cloud computing scenario is taking off, we have come to notice certain cloud computing trends. But before we move ahead, let us see what cloud computing is all about!

Cloud computing is the delivery of computing services over the network or Internet. A network of shared and remote servers (hosted on the Internet instead of a PC or local server) is used to store, manage and process huge volumes of data, minimizing IT infrastructure costs.

Top 5 trends that we see picking as part of the cloud computing exercise:

1) Doing it the Cloud Way – Why would you still want to struggle with the hassles of working your report on a physical work file when you have a better notepad on the cloud with smarter features and sharing them takes less than a minute?

That’s right! Software-as-a-Service (SaaS) has kicked off over the years with players like AWS, Azure and Google entering the market. Their suite of services has made many industries see major advancements in their respective fields. With the dawn of Infrastructure-as-a-Service and Platform-as-a-Service, more and more public and private sector companies are opting for cloud services to meet their business needs.

A recent survey by Cisco projected a rise in demand for cloud solutions in the near future with SaaS alone making up for more than 60% of cloud-based workloads and IaaS & PaaS showing a 5 percent progression.

2) More Space, More Storage – Most of the business owners were concerned about running out of space for their unaccountable data, but not anymore! With the cloud and its magical properties in place, most owners don’t even have to worry about data storage space. Since businesses have to run at ‘God-speed’, they don’t even want to be concerned over this aspect.

The cloud’s scalability feature lets entrepreneurs play with their cloud-holding bandwidth as per their need. Cisco estimates that the total capacity of global storage will race to touch 600 EB (exabyte) or even higher in the following years.

3) Taking IoT to Level Next! – Thanks to the Cloud, the Internet of Things is picking up! In the 2018 scenario, machine-to-machine communication has simplified human workload leading to less exertion. Now, it gets better when IoT goes a level higher to become a more human-friendly environment, IoE (Internet of Everything). This is today’s reality and has been made possible with data analytics and various other resources and tools of the cloud.

When we say IoE is level next, it means more human interaction with machines, appliances and everything that spells ‘ease’ and ‘comfort’. Not just that, IoE will define why and how customers choose products and services through in-depth analytics that gives producers the right approach to customer satisfaction.

4) It’s time we said goodbye to 4G! – Yes! That was the in-thing but that was yesteryear. Rapid developments in the market make business owners think more updated and take a step ahead of the curve and why not?

And there’s a continuous cycle where consumers expect speed in the download for personal gratification, social status and more, and providers need to improve the provision of quality goods and services. Hence the need for the most updated SaaS, PaaS and web applications through a higher network and faster bandwidth. While it’s true that 4G spuns the world around faster, we can’t disagree that we’ll need to welcome 5G.

5) Oops! Security – Before we forget that one! It’s amazing to see how the cloud is scaling highs but we must not forget the security disasters of 2017 like the Ransomware. Nope! You don’t want to be there. While disasters can have catastrophic effects, they also teach us important lessons. Hackers and cybercriminals are getting shrewd enough to get their hands on precious data. In that case, IT personnel and cloud computing owners should get their firewalls higher.

Solutions like security in the cloud framework and disaster recovery are the current best practices in the industry as of now, but as the thief gets shrewder so should the cops! 

Challenges of Cloud Computing

Despite many benefits, there are also some challenges pertaining to the cloud.

Here are some of them:

  • Security is No.1 concern on the cloud; 30% out there are still skeptical whether they can take a go at it or not. While the cloud is turning out to be the perfect haven for today’s fast-paced industry drivers, it surely makes many skeptical about how safe their data is up there.
  • While investing in hardware and maintenance gets completely ruled out, investing on scalability becomes a new headache. Well, it’s easy for the big sharks to get away with a cost headache, but it is a huge jump for small players who want to relocate to the public cloud.
  • Providers may boast of high-end services but being available to their customers around the year is still a matter that many are not willing to bet on. Not everyone is equipped to handle the challenges that cloud computing may put them into and not having customer support to be by their side can be very ‘putting off!’
  • Hour or so is tolerable, but what about businesses that count on every minute spent on cloud computing? They don’t want to be in a soup when it comes to that. Small companies massively suffer the brunt of downtime, which makes them consider adopting the cloud in the first place.
  • Being Vendor-locked is as good as getting locked in your car. Business owners find the process of switching to another cloud service, very painful. While considering this, it becomes difficult for them to either undergo the weight of a very expensive service or the prospect of getting the next provider to offer them the same comfort their previous provider gave them.

Finally, Business Benefits of Cloud Computing Services:

Infographic - Benefits of Cloud Computing Services

Cloud computing can be a very powerful tool in driving your company’s success, but it is also essential to be well prepared with what might later pose as threats to the business and the everyday task of cloud computing, itself.