4 Facts about the Cloud

Cloud computing has skyrocketed in popularity over the last decade and promises a variety of benefits to businesses, both big and small. These benefits include significant cost savings, faster deployment, a simple yet effective back-up solution, and effortless software integration. If you, like so many other business owners, are considering transitioning your company data onto the Cloud, here are some facts to help inform your decision.

The banking industry is the most active in the Cloud

There are many different reasons why the banking industry has dominated the Cloud, particularly in recent times. One of these reasons is the introduction of virtual currencies, which has resulted in a massive trend called ‘cryptocurrency exchange’. This is where you see things like Bitcoin, Tezos, and Lolli. Another reason is the increase in mobile and digital banking services. Nowadays, a significant portion of all financial transactions take place via the Cloud. Finally, the influx of new money management services and crowdfunding platforms has also led to a huge increase in virtual payments.

4 out of 5 companies that move over to the Cloud are happy with their decision

According to data released from many credible sources, an estimated 4 out of every 5 company owners that move over to the Cloud say that they noticed dramatic improvements within their IT departments over just six months. When asked to elaborate on the types of improvements that they saw, most noted that they involved enhanced security, quality, productivity, and efficiency.

The Cloud is a COVID-ready solution for remote working

With the COVID-19 pandemic forcing people to spend as much time at home as possible, remote working has become a strategic solution for helping to curb the spread of the virus. The reality is that most of this remote working would not be possible if it weren’t for the Cloud.

When a business connects to the Cloud, it becomes possible for authorized individuals to access company data from anywhere in the world – no need to be in the office to get hold of the necessary files or information to maximize productivity while working from home. Luckily, if you have yet to find a Cloud solution to suit your needs, there are many reputable IT companies, like 24×7 IT Solutions, that can assist you.

Joseph Carl Robnett Licklider is the brain behind Cloud computing

Most experts within the IT field believe that Joseph Carl Robnett Licklider can be credited with the invention of Cloud computing – at least to a certain extent. In the 1960s, Licklider spent his days (and nights) working on ARPANET (Advanced Research Projects Agency Network (ARPANET)), which was the world’s first wide-area packet-switching network. This network essentially connected data and individuals any time and from anywhere – very similar to how the Cloud operates today.

Ultimately, the Cloud has progressed in leaps and bounds and shows no signs of slowing down any time soon. If businesses are looking to take those next steps towards becoming more efficient, future-ready, and to cut costs to optimize profits, Cloud computing is the only way to go.

FAQ

Does cloud computing help companies?

According to data released from many credible sources, an estimated 4 out of every 5 company owners that move over to the Cloud say that they noticed dramatic improvements within their IT departments over just six months. When asked to elaborate on the types of improvements that they saw, most noted that they involved enhanced security, quality, productivity, and efficiency.

Additional Resources:

Application of Cloud Computing

Computer Vision

Deep Learning

Artificial Intelligence