Here is how cloud computing is registering staggering growth rates
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Here is how cloud computing is registering staggering growth rates

Many people agree on the famous motivational line “the sky is the limit”. Maximum technology firms, highly successful businessmen, and expert analysis will mostly agree to the fact that the future lies in the clouds. So, due to the services rendered by cloud computing, achieving unlimited success is not a myth anymore. However, the concept of cloud computing is evolving on a regular basis, most probably due to its ever-increasing demand as well as usage over the last few years.

But, the concept still excites many business enterprises. Cloud computing is not necessarily anything new. As a matter of fact, cloud computing has been in existence for a long time, being utilized by enterprises such as Microsoft, IBM, and Oracle separately within their individual business model. But since this technology has developed to a large extent, it is resulting in the main direction that all businesses are running towards.

Arrival of the future

Despite Larry Ellison, the CEO of Oracle, criticizing cloud computing in the year 2010, referring to it as a fad and it will meet the same fate similar to that of other such programs like the EDIs and the SOAs. However, the research director of IDC, Dan Yachi has counteracted this statement by saying that cloud computing is more than a general trend and it will remain in the business for a long time. He has also said that it is anticipated to obtain growing shares of entire IT expenditures worldwide.

Definition of cloud computing

Using the cloud has numerous benefits. It’s actually very simple. Cloud computing, helps in cost minimization by the relocation of the resources of customers into place that has is able to store an insurmountable quantity of data through the WWW or the WAN. However truly speaking, for a company to compete with their competitors at present, it is undoubtedly important that they use the services of cloud service as that would lead them to full extinction.

The question that arises here is that what type of cloud service will help a specific business employ? At present, cloud computing mechanism has various models such as community cloud, public cloud, combined cloud, hybrid cloud, private cloud, etc. New and different models can arrive in the forthcoming years, but every type has the common layers:

Supplier – enterprise rendering cloud service like, Salesforce, Rackspace, etc.

Customer – software or devices that will communicate with the cloud service. For example, cell phones, PC and much more.

Application – Exterminates physical device installation, like, Software as a service SaaS.

Platform – Presents a software subsystems platform set. For instance – Platform as a service (PaaS)

Infrastructure – These services that provide a virtual surrounding as a service instead of purchasing software and servers like IaaS (Infrastructure as a service).

Server – Made of software as well as hardware products that involve processors, operating system along with other offers. From the point of view of VC, the better news is that the concept of cloud computing has to go a long way to reach the maturity stage. There are various technology gaps that are left open, particularly in the regions of cloud enablement, monitoring, management along with security. Specifically, VCs can discover investment opportunities in various start-up enterprises that design solutions for a hybrid cloud that is anticipated to experience growing demand over the forthcoming years. So, it can be said that the future is actually here.

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