Cloud Computing can be defined as the Internet based computing, where the organization's resources such as storage and applications are directly delivered to the organizational servers through the Internet. Cloud computing refer to as the modern type of computing as opposed to the conventional means of computing via local servers and personal devices. The advent of cloud computing has revolutionized the overall functioning of all business functions and sectors in every industry. Cloud computing is now regarded as one of the critical success factors for businesses as it serves as a competitive edge, by facilitating in providing not only high volume data storage and web applications, but also caters to the demand of providing the fastest, reliable, secure and most up-to-date systems.
The Future Of Cloud Computing
It is predicted that cloud computing is going to change the future of information technology and technology management. According to the EIU report, "cloud has already made huge waves in IT, with consumer cloud services, such as Google Drive and Dropbox, changing how people use digital content." Similarly, according to another research paper, the findings suggest that while cloud computing is still emerging as a means of modern-day computing, however, it has already started to change how the IT industry delivers value to its various clients. It is considered as one of the top IT priorities. More than two-third of enterprises are using cloud computing services in some fashion and most agree that it has the potential of becoming the key delivery model for computing by 2030.
Cloud Will Affect Enterprises In Terms Of Customer Delivery
The impact of cloud computing on the IT industry can be gauged by addressing two questions. Firstly, how does cloud affect the enterprises in turn leading to customer delivery? Secondly, why does the cloud have such a a significant impact on the industry and market in general? In addressing the first question, cloud has the potential of impacting how businesses deliver value to its customers. This is because it provides a rich experience of IT services that enables customers to buy cloud services with less involvement of the IT department. Thus, it means that the enterprises must be vigilant in taking care of the user experience seriously. One of the hallmarks of cloud computing is its ability to turn IT resources into trade-able commodities, benefitting both users and vendors. Every enterprise is using some type of cloud services; virtualization, system performance monitoring, cloud management services , data provisioning, cloud performance optimization, or server automation. Thereby it is predicted that needed cloud skills will grow at six times the overall IT skills through the globe. Thus the industry will be facing a persistent and pervasive challenge for the availability of skilled IT workers.
Cloud Will Have A Significant Impact On The Industry And Market In General
In response to the second question, the agility and scalability of cloud computing are exceptional. It not only enables businesses' growth and effectiveness, but also impacts its efficiency by making information available available and accessible to be used whenever and when required. According to a survey report by Intel on the impact of cloud on IT consumption models, have highlighted some insights. In a nutshell, it has been found that most IT decision makers feel safe and good about the cloud experience. Given the efficiency and transformational potential of cloud, its demand is increasing significantly even in the emerging economies. The cloud is capable of adapting to the changes in the rapidly evolving IT industry, by catering to choose from many different approaches for sourcing, deploying, and operating custom cloud solutions, etc. Information technology tends to impact all the features of the modern lines thereby the role of cloud computing being significant for it.