Why are end-users spending on cloud computing services projected to cross $180 billion by the end of 2015? Reasons for this shift to the cloud are many, but the ones that make the most sense for businesses to adopt cloud are few.
2. Overview
If the latest data are to be
trusted businesses are
increasing their spending
on cloud and all indicators
point to the undeniable fact
that for now there will be
no cap on the amount spent
in the coming years.
3. Facts 2011 to 2016
(%)
According to some experts, cloud business
process service spending has been increasing
at staggering rates in the past few years.
Between 2011 and projections of 2016, the
CAGR of SaaS for business intelligence apps is
at 27.4 percent, 16.3 percent for CRM, 23.4
percent for ERP, 34.0 percent for content
creation, 25.9 percent for content
management, and an astounding 49.1 percent
for office suites.
27.4
16.3
23.4
34
25.9
49.1
CAGR of Saas
Business Intelligence apps CRM
ERP Content creation
Comntent Management Office Suites
4. But why are businesses embracing cloud
solutions with such fervor? Why are end-
users spending on cloud computing
services projected to cross $180 billion by
the end of 2015? Reasons for this shift to the cloud are
many, but the ones that make the most
sense for businesses to adopt cloud
are few.
6. Accessibility
Business owners and decision makers
have access to files, data, and software
from anywhere, using virtually any
machine. This improved access allows
quicker, more accurate decision-making.
7. Global Workforce
The biggest byproduct of this
increased accessibility is better,
streamlined collaborations between
global workforces. Departments
and employees can easily share
information in real-time, reducing
unnecessary bottlenecks and
accelerating productivity of the
organization.
8. Rapid Development &
Deployment
Cloud business solutions have seen much
faster development compared to standard
data storage and computing technologies
over the past few years. The rapid
deployment of these solutions by cloud
computing companies has meant that
businesses have access to latest
technology at all times.
9. Cross Platform
Adaptability
Adaptability of devices to cloud
computing services adds to the
advantage of the CTOs, maximizing
flexibility of the system.
The cloud is already geared to
enhance consistency across platforms
even as organizations adopt a BYOD
structure for their employees.
10. Enhanced security
Earlier, people were worried about the
possible susceptibility of the cloud to
data breaches and security threats. With
progression of time, businesses have
realized that the cloud computing
security systems are much safer.
11. Risk Mitigation
The worst imaginable thing for large
organizations with around the clock
customers from all parts of the world is a
server crash. Sadly, physical data storage
systems fail regularly.
Cloud computing is far less risky as most
cloud computing companies guarantee
99.995 percent uptime.
12. Cost savings
The cloud is undoubtedly cost-effective,
especially for small businesses. It allows a
business to scale with its needs, and within its
means.
Cloud service providers take care of all software
licensing, system upgrades and maintenance
without any burden on the in-house IT teams
shifting capital expenditure of a business to a
more use-as-you-go model.
13. How Cloud computing helps?
This is just the tip of the iceberg that
cloud computing has proven to be
thus far. As the CIOs and CTOs get
free to work on matters of strategy for
their respective organizations, the
world is a playground for cloud
computing companies of the future.
14. Trend Of Cloud Computing
It's too early to predict the future of cloud
computing industry and how it will continue to
transform businesses. However, there certainly are
some strong opinions by those close to the
matter.
As businesses shed the brick-and-mortar
approach, organizational structure is likely to be
affected the most. With employee's eager to tele-
commute, businesses will decrease their reliance
on large facilities and invest in employee hives
working in different remote locations, increasing
staffing flexibility and reducing costs.
15. Conclusion!
• While cloud technologies are relatively safe, security will continue to remain a concern
with hackers and cyber criminals turning their focus to these technologies over the
course of time. The industry's response will be crucial to its lasting success.
• Business owner and decision makers will have to decide on acceptability of the cloud
within their organizations. If they haven't already adopted cloud technology, the risk
of falling behind looms large on businesses in an increasingly global market. With
cloud computing becoming the norm over the next five years, businesses that aren't
willing to adapt will become inefficient and unreliable for their customers.
16. THANK YOU
KNOWARTH Technologies Pvt. Ltd.
Address: 11, Aryan Corporate Park, Nr. Shilaj Railway Crossing, Thaltej, Ahmedabad – 380059, Gujarat, INDIA
Email: marketing@knowarth.com | Website: www.knowarth.com