Cloud computing has become an integral part of the digital ecosystem.
Ever since its introduction in 2006 by the Amazon Web Services, it has come a long way to provide the ideal solutions to the businesses across the globe. For many, the first encounter with the term gave rise to concerns of security and reliability. The world took its pace to explore the benefits and adopt the technology. However, all concerns which looked serious at one time, have been put to rest. Cloud has come to resonate with the hearts of millions of professionals and businesses who look at it as the ultimate solution to the data storage issues. The technology has reached the steep part of the famous S-curve of any technology adoption and finally emerged as the default platform for new applications with even the legacy applications shifting to it. Although one cannot rule out the challenges of cloud computing there is much more to it which makes it the preferred choice for millions.
Data has become the new currency. Many studies have suggested that data will continue to grow in the coming years. IDC Data age 2025 has presented some stunning facts which might grip your thoughts to the core. It says the global data will touch 175 Zettabytes by 2025. Now if you want to imagine it in real terms, 1 Zettabyte equals 1 trillion Gigabytes. Whoa! Huge isn’t it? Digitization of the world is unstoppable. Pandora’s box is open. So, now you can imagine the potential of growth which lies in the cloud.
So, it will not be wrong to state that whatever has been done so far is merely encountering the tip of the iceberg. The whole magic is still unearthed.
Now, if your grey cells are charged enough and you already have the adrenalin rushing, let's not hold you back from exploring the advantages and disadvantages of cloud computing.
The Gartner Hype Cycle which is often a true reflection of maturity and adoption of various applications and technologies has good news for Cloud Computing. The 2018 Hype Cycle has largely suggested that cloud technology has finally reached the Scope of Enlightenment. This clearly means that the technology is all slated to hit mainstream adoption next.
It is interesting to note that it is undergoing a growth push of its own. Future beholds the synergy which will be created by the integration of the next generation of intelligent technologies like AI, ML, AR/VR, etc. to the cloud. It is this combination of resources which will help the companies to leap-frog to reach a new level of competition.
Gartner has predicted that Cloud Computing infrastructure and applications will comprise the fastest spending category in the IT industry. As per the latest Future of Jobs Survey conducted by the World Economic Forum, 72 per cent of businesses across the world will be adopting cloud computing by 2022.
So, the numbers and facts all give a thumbs up to the Cloud. Now for you to do so, let's introduce logic to the discussion and explore the pros and cons of cloud computing.
Contrary to the fact that you need to know darkness to appreciate the light, in case of technology, the light comes first.
Now that it is clear why cloud computing is a highly promising technology, it is also important to reflect on the disadvantages:
Now having a clear picture of the pros and cons of cloud computing, one thing is clear that it is here to stay and continue to make a mark on the technological transformation of businesses.
Anuja is the Co-founder and CEO of RedAlkemi Online Pvt. Ltd., a digital marketing agency helping clients with their end to end online presence. Anuja has 30 years of work experience as a successful entrepreneur and has co-founded several ventures since 1986. She and her team are passionate about helping SMEs achieve measurable online success for their business. Anuja holds a Bachelors degree in Advertising from the Government College of Fine Arts, Chandigarh, India.