How Cloud Computing Will Revolutionize The IT Industry

Cloud computing is a method for delivering information technology (IT) services in which resources are retrieved from the Internet through web-based tools and applications, as opposed to a direct connection to a server. Rather than storing files on a hard drive or local storage device, cloud-based storage makes it possible to save them to a remote database. As long as an electronic device has access to the web, it has access to the data and the software programs to run it.

It's called cloud computing because the information being accessed is found in "the cloud" and does not require a user to be in a specific place to gain access to it. This type of system allows to work remotely. Companies providing cloud services enable users to store files and applications on remote servers, and then access all the data via the internet.

The following are the ways cloud computing will revolutionize the IT industry:

Upscale Application Complexity

Companies initially shifted some of simple workloads to the cloud to check viability of doing so  and to make an organization efficient. However, now that the simpler projects have been established on the cloud and the companies will be shifting the more complex applications to the cloud in the hope of even better workplace efficiency.

Cloud Platform Will Allow Companies to Avoid Unnecessary Tools

Cloud platforms emphasis on short learning curve. Another advantage is the low barrier to entry in terms of cost and seamless integration into organisation. The recent example is that of the lean manufacturer "Toyota" which has shifted to all kind of cloud technologies denting other expensive tools. Toyota cloud alternative to exchange mail and Microsoft Office desktop is Microsoft Office 365.

Reducing the Task

The feasibility of developing one app that does everything for a company is being put to test. For every release, the testing time increases with an increase in utilities, causing delays and even making the software outdated by the time it hits the production environment. Companies are looking at microservices on the cloud that perfectly handles one or a few such tasks at a time. A business service can be a combination of one or more microservices. This way, updates can be released quickly because only the specific micro service has to be tested before release.

Cloud Platforms to Compete with Blockchain

Blockchain has revolutionised the IT industry. Presently cloud industry is oligopolistic market place dominated by three major player AWS, Microsoft Azure and Google Cloud. These companies collude to set the prices. Several companies are leveraging blockchain technology to turn cloud into an open market place, where price is determined by the supply and demand for computing power. For example, on the blockchain network, users can "rent" computing power from idle data centers. They only use the power they need for the amount of time they need it. In turn, data centers and large-scale companies with hardware they aren't currently using can turn these assets into new revenue streams. By creating decentralized  ecosystems, blockchain technology will have a massive impact on the way the business world uses the cloud.

Change the Productivity Perspective by Companies

Cloud computing has made a real impact on team work. Whether they are sitting on the same office or two sides of world, data is made accessible to employees 24/7 which made continuous flow of work without any disruptions. The empowerment of artificial intelligence and machine learning will radicalise cloud computing. Say for example if you are constantly making changes to the documents in the cloud, the cloud may soon be able to learn from the changes and suggest the changes to the other team members autonomously.

Towards Sharing Mentality of Companies

In the past many companies decided to invest thousands of dollars in building their own servers, CRM tools, databases and file-storing programs. But now many of those services are being offered on the cloud which is free and very cheap to start. Therefore, it's difficult to justify such a substantial cost just to keep everything in one room. In addition, cloud companies see the massive potential for enterprise services. They can replace many of these unnecessary in-house tools and platforms. As demand for cloud computing increases so will their efforts to ensure cloud computing technology are superior over the ones built internally.