Cloud Computing Entrepreneurs-Cloud computing has rapidly evolved over the years and has proven to be a boon for small entrepreneurs as well as large conglomerates. The term has been nestling in the market for a decade, but it gained acceptance and prominence recently.
Cloud computing hosts all the data, emails, applications and much more in a virtual software like Google Drive and Dropbox, which are quick and safe to access irrespective of time and geographical boundaries.
The Intel Security researched on a sample universe of 1400 IT security professionals. This research report revealed that out of this sample, 93% of professionals use hybrid (Private/Public) cloud computing services to run their business operations. According to Gartner research, the cloud service industry isprojected to reach $411 Bn by 2020, which was $260 Bn in 2017.
Cloud computing can be deployed globally within minutes and offer the utmost flexibility, agility and cost-saving IT operations to business for more profitable and seamless growth. This, in turn, is making entrepreneurs switch to cloud computing for carrying out business activities.
The Concept Of Cloud Computing
Cloud computing is the web-based personalized delivery of storage, compute power, servers, applications, database and various IT resources on a pay-per-use business model.
You can use cloud computing to run applications that share bulk images to a million mobile users. You can also run critical corporate operations using the cloud. These services offer prompt and flexible accessibility to cost-effective IT resources.
Cloud computing does not require a massive investment of capital and time in installing multiple hardware. It instead makes entrepreneurs access the required size of computing resources to operate their IT department instantly. It cut-downs infrastructure cost as cloud costing does not require traditional LAN network and hence, can be managed from small spaces as well.
Transition to the cloud may look complicated at first, but it effectively mitigates major long term issues faced by businesses. Here are a few business challenges faced by entrepreneurs that cloud computing is helping to resolve:
Network upgrading is expensive, often disruptive, tedious and troublesome for employees to get familiar with new technology. As everything is hosted on the cloud, cloud computing abolishes the need of going through a network upgrade. The cloud hosting provider looks after the update needs to the backend and offer relevant Microsoft licensing.