CLOUD COMPUTING- THE SMARTEST BET IN FUTURE
Cloud computing is the computing services offered especially for storing and retrieval of data and other services refraining the use of traditional physical servers. The data stored in the cloud can be accessed from any part of the world remotely through the internet. However data centers are used in cloud computing, but resources can be accessed from these data centers from the nook and corner of the world.
Cloud computing is literally the true definition of castles in the air.
Why cloud computing?
Since the last decade, tech giants such as Amazon, Microsoft, Alibaba, and IBM have set their foot into the world of the cloud. Taking into consideration the varied aspects of cloud computing and to compete with their market adversaries, they are boosting their growth in the cloud field.
With technology advancement, almost every field comprising of healthcare, marketing, finance, and even the banking sector are following cloud adoption. Startups are now performing outsourcing in the cloud computing sector so that the company can focus the best on their main product. Cloud services such as IAAS, PAAS, and SAAS are in great demand as they provide pay-as-you-go service which greatly contributes to lessening the costs of buying an actual server. Many private banks in America are adopting cloud technologies to store client details and important factions of data. Also, data stored in clouds are very secure and companies are constantly seeking improvements in the encrypted algorithms comprising of several symmetric and asymmetric algorithms. It primarily consists of AES and RSA encryption algorithms.
How does cloud computing cut off costs for startups?
Amazon, Google, and Microsoft are on the verge of bolstering their cloud computing services throughout the last decade. Amazon is in the pursuit of constructing data centers in less populated areas and small towns. So that it may greatly cut off costs of area and manpower. Data centers are built in small towns like Utah, Virginia, and other parts, and their locations are mostly hidden. This greatly lessens the costs of building data centers. And this results in providing cloud services at a relatively low cost.
Although AWS was the number one vendor in the last few years, Azure is catching up to that place. Recently Pentagon has announced a JEDI contract to boost its revolutionary cloud model and it is an investment of approximately 10 billion dollars. From such an enormous investment in cloud technology, it is evident that the cloud is an important segment of the company. Microsoft Azure has opted in for the contract. However, there are many speculations that Amazon would file a lawsuit against this contract. This can showcase the intent of companies in establishing their cloud infrastructure.
Buying physical drives for a humongous amount of data is not advisable. Instead subscribing to cloud services such as Iaas, Paas, and Saas depending upon the needs is very much cheaper and reduces the treasury cost. For example, subscribing to salesforce which is a Saas model, the customer relationship can be managed efficiently at a low cost. Dropbox provides file-sharing and collaboration with people in an organization, thereby promoting connectivity.
To sum up…
Cloud is the need of the hour. There are many demands for cloud scientists as managing data and storing them is one of the most crucial steps when it comes to procurement. Startups are outsourcing cloud services to avoid disrupting the work of their specialized product. And from subscribing to cloud services to starting their own cloud computing services, startup companies even have started to pursue cloud computing services as the future lies within the cloud.