Were the Expectations From Cloud Computing Met?

After the introduction of cloud computing technology, some people considered it mere hype while others had many expectations about it. Many were skeptical about the adoption of cloud technology but as time passed, a major number of people started becoming in favor of its adoption. There have been 32% of self-influence of departments to migrate to the cloud, 58% were less influenced, and 10% were not influenced at all. The recent stats suggest that people have got following benefits since adopting cloud:

•    62% increase in productivity;

•    60% reduction in costs;

•    50% better access to data

•    44% improved security;

•    40% faster access to data;

•    38% improved internal communication and customer satisfaction;

•    36% increased revenues;

Now, let’s see what the expectations and what the key points which affected this transition were.

Over the course of last few years, the key decision-makers from IT backgrounds have shifted a huge range of assets like software and infrastructure gradually into the cloud. The major driving factor for adopting cloud computing was cost. Also, there were several types of solutions and features which were provided by migration to cloud. IT professionals were glad to have such an immense array of solutions which could lessen their work and reduce their cost. Especially the pay-per-consume benefit gave the businesses complete shift from the CAPEX (capital expenditure) model to OPEX (operating expenses) one.

But now, the era of the cloud has got more advanced and therefore, IT decision-makers have to check out the latest trends in cloud computing. They are considering the changes and checking whether they have got the planned return on investment (ROI).  Key leaders need to know whether they have got a perfect solution for their needs or if the cloud service provider has given them a random product based on a general specification.

The Financial Models are Usually Gloomy

A cloud survey conducted revealed that sadly over 50 percent of the customers were using the cost models which were useless by more than 10 percent! It was brought into the light that the many organizations who chose public cloud over the private cloud, were utilizing this virtualization capacity merely at 25 percent. But, when you consider that you need the best performance out of your data center you obviously want to maximize the virtualization capacity. When you can leverage the cloud capacity to 99%, then you can say you have the complete benefit from your service provider.

Nowadays, the infrastructure has been changed up to a great extent due to technologies like Artificial Intelligence, Machine Learning, and IoT (Internet of Things).

The Cloud Planning Services are Becoming More Vital

The services are getting more crucial and an increase in the number of service providers has increased the competition in the market. The cost of cloud computing is getting changed with the increasing needs of the businesses. Some businesses complain of getting low returns on their investments which they made on cloud solutions because they haven’t got a proper cloud service provider. The challenges occur when they have to decide on what is going to stay on-premises, what will be moving to public cloud, and what needs to stay on a private cloud.

Of course, the cloud is not the only solution for all your needs, but if you plan out properly and use certain features, then things can get clearer, and you can get the best out of the available features of the advanced cloud technology. 

Cloud Technology is on Cloud 9

With the rising advanced techniques like vertical auto-scaling, use of WAF, vulnerability scanners, machine learning, and IoT, the cloud platform is getting more and more powerful. The amount of data companies need to use, analyze, and store is increasing substantially, and therefore needs to be handled by cloud in an efficient way. Being attentive towards the requirements of the organization, cost models, and skilled resources, any organization can choose a perfect cloud solution/service or a combination of several solutions/services. Slowly and gradually the decision-makers are also getting the hold of what to do and what not for the organization.

Conclusion

As far as the current scenario is concerned, cloud technology has met the expectations of at least 50% of the people. A lot of industries are reaping benefits from the utilization of cloud technology. But, the threat of security still prevails. For that, there are a number of solutions invented and more would be coming up as the threats get stronger.