Why Your Company Should Invest More in the Cloud

The global cloud computing market is expected to grow from the $445.3 billion we saw in 2021 to $947.3 billion by 2026. The COVID global pandemic turned companies on their heads and drove them to become more flexible. Now, two years into the start of the pandemic, the modern workplace has changed completely, and cloud computing is at the forefront of this shift. Companies are utilizing platforms like AWS and Azure, to give their employees the opportunity to continue their work from anywhere. Let's dive into why your company should invest more in the cloud.

What is Traditional Computing?

Traditional computing is done on physical hard drive and website servers. When you start a business traditionally you need to find a location for your company servers to reside. This requires additional space and increases the likelihood of power outages or data mining attacks. Any server downtime could of course lead to lost revenue. Companies with traditional IT infrastructures incur more cost as they have to purchase add-ons and upgrades regularly.

What is Cloud Computing?

Cloud computing was first introduced in 1997 by Professor Ramnath Chellapa of Emory University who defined it as the "computing paradigm where the boundaries of computing will be determined by economic rationale, rather than technical limits alone." It was two years later in 1999 when Salesforce became the picture of a successful cloud computing. Cloud Computing, in its simplest form, is offering different business services through the Internet. After proving its reliability and flexibility, cloud computing has gained incredible traction in recent years with 94% of companies using cloud technology in some capacity.

Why Choose Cloud Computing?

Generating revenue in a struggling economy can be stressful. It is estimated that business owners save on average between 30-50% of infrastructure costs just by utilizing cloud computing, but cost is only one of several benefits. Switching over to cloud computing offers a higher level of agility for your company data. For example, using a third-party cloud provider can give employees access to data and unlimited storage. Whether you are working in an office or from home, the cloud gives people the ability to access work from anywhere with an internet connection. In addition to agility, cloud computing offers more resilience for businesses. Computing power, storage, and infrastructure needs are all easily scalable ensuring your online applications run more efficiently.

Warren Hammond, a tenured Instructor with United Training, regarding the necessity of switching to the cloud, "There are so many advantages to putting those workloads out in the cloud that if you are not doing it, considering it, or embracing it, you're actually putting your company at a competitive disadvantage. Your competitors are embracing the cloud, they're saving money, they're more agile, and they gain a lot of benefits in doing so."

Takeaways

Multi-cloud computing is the future that every business should prepare for in one way or another. It's likely that a portion of your IT environment is cloud-based already, but do you have plans to add additional cloud solutions? United Training offers learning solutions for every member of your cloud team from cloud providers like Microsoft (Azure), AWS, Google, and more.

For more information on Cloud training, visit our website for available courses.