Insights Success The 10 Most Valuable Cloud Service Provider Companies

Chalk Talk
A Peep into the Era of
Cloud Computing
Today, much like electricity, one can easily access
any kind of information through internet whenever
they need. All this became possible just because of
cloud computing. This new cost-effective as well as an
environment friendly methodology for both users as well as
service providers is a win-win solution.
Irrespective of the core competency of one’s business,
Information Technology (IT) is becoming ubiquitous. But,
queries on the acquisition and management of IT systems
still baffle several business owners. This newest
methodology Cloud Computing has made their lives more
comfortable and easier by enabling the user to access IT
solutions remotely whenever required.
Clearance of the Cloud
Being an Internet-based computing solution, Cloud, on
demand denotes a set of shared resources, software and
information provided to computer devices. Over the
network, information tasks are assigned through a
combination of connections, service and software in the
cloud.
This on-demand approach to IT resources can be laid down
for use with infrastructure, applications or platforms. Also,
customers can avail fixed plans, by which there is a flat fee
and their data center is managed by the company or they
can go for a variable plan where on virtual machines they
can access the solutions online and pay per use. Reducing
the energy costs for running and cooling hardware, there is
a need for reduction in hardware components as an
incidental benefit in various companies. Furthermore, as
this process reduces carbon dioxide emissions, it is more
eco-friendly.
Universal Acceptance
Over the next five years, International Data Corporation
(IDC) is expecting global spending on IT cloud services to
grow almost threefold. And the pace with which
expenditure is done on cloud computing will be accelerated,
capturing 25% of the growth than in the earlier years. The
cloud market is estimated to grow up to 1 billion dollars in
India.
Especially, concept of cloud is favorable for the small as
well as medium enterprises as tremendous cost cutting in IT
is enabled through this. Today, it has seen demand from the
Small and Medium Enterprises (SME) segment, from
online media companies, trading companies and
manufacturing companies. This estimates that SaaS
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|September 2016|