Cloud Topics

Cloud Computing: The Future of Technology

By Nicole Lim / August 21, 2020

Although cloud computing technology was invented in the 2000s, it’s only fairly recently begun gaining popularity in many industries.

Businesses now recognize how cloud computing enhances security, allows for big data collection and storage, and is easily scalable. This may be why as of 2018, about 81% of businesses with 1,000 or more employees used multi-cloud strategies in their processes and procedures.

Now that organizations are more eager to adopt cloud computing, this technology’s features and capabilities are being tested and shaped for different uses. The following potential trends related to the future of cloud computing are exciting because they have the ability to touch and change the general public’s everyday lives.

Serverless Architecture

Serverless architecture, also commonly referred to as the “serverless paradigm,” eliminates the need for a new app or software to be hosted on a server with local storage space and features. Instead, applications are hosted in a cloud-based marketplace, where a user can access and download it directly.

The marketplace platform determines the capacity needed to launch and support the application and provides these exact requirements as it’s downloaded. With efficient marketplace software on the back-end, app developers can offer countless apps online without worrying about storage capacity.

Digital-First Infrastructure and the Internet of Things

As the world population continues to increase and technological advancements come to the forefront, cities may find it challenging to stay organized while managing these populations and technologies.

The technological advancements that track data and communicate with each other via the internet to make modern life easier in this regard are referred to collectively as the Internet of Things (IoT). In modern cities, the IoT may include automated vehicles, smart parking garages, and connected trains or other transportation methods.

Digital-first infrastructure allows these city administrations to use cloud-based technology within their local areas to manage the IoT. With smart cities managed on the cloud, residents get the most out of these technological advancements with peace of mind that their data is safe. Cloud-based technology allows cities to maintain and manage the IoT with fewer resources while ensuring efficient organization and automation.

Quantum Computing

Quantum computers use qubits to store information, which differs from a standard computer’s binary system of 0’s and 1’s. These supercomputers also use quantum physics to process large data sets and solve complicated algorithms quickly. Quantum computers have the ability to encrypt large amounts of data so they remain safe from cyber attacks.

While quantum computing is not currently used to encrypt data for online transactions, it may have the ability to revolutionize future data encryption strategies. Encrypted data is important for e-commerce sites to keep customer data safe. Keeping data safe is also vital in the financial industry. With safer data storage that can be encrypted and unencrypted quickly, financial transactions can be performed more securely and with less downtime.

Cloud Computing Application

Many industries already rely on the convenience and security of cloud computing. While there is the potential for growth and advancement in the future, the following industries are already harnessing the power of cloud-based technologies.

Marketing Platforms and Marketplaces

Cloud computing makes it easy to store potential client contact information, preferences, and other data. The cloud is also used in identity management software so users can easily sign into apps and platforms quickly.

With the cloud, marketing platforms and marketplaces experience many benefits, including:

• Simple software development: Developers can use cloud-based technology to design apps and software without worrying about storage space and other features.
• Revenue through reselling: Businesses can sell third-party apps and software on their platforms that are stored on the cloud, making it easy for consumers to instantly download products when needed.
• Easy digital commerce platform management: SaaS companies also benefit from cloud-based commerce platforms because consumers can access their software when they need it, without dealing with the hassle of downloading and storing it.

Cloud-based marketplaces and platforms are attractive to businesses because they offer reliability and security while providing consumers with the products they need quickly.

Education

The cloud is transforming the education sector by allowing teachers and students to connect instantly and privately. Virtual textbooks and other course-related materials are available on cloud-based apps so students no longer need to invest in physical books, which can be costly. When classes are conducted through cloud-based technology, students and teachers can generally make their own schedules, which may contribute to a higher level of productivity.

Schools also save resources when students and teachers complete coursework remotely through cloud-based apps. These schools may be able to eliminate buildings and reduce the amount of energy used throughout the week.

Healthcare

In the healthcare industry, the cloud is used to store confidential patient data and information. With encryption and other security features, healthcare facilities don’t need to be as concerned with data breaches when using cloud-based technologies to store even the most sensitive patient data.

Online Security and Cloud Compliance

Digital commerce sites, marketing platforms, and other online businesses are expected to comply with the latest online security regulations to keep customers safe. With cloud-based technology, these compliance factors are already built into the software, making it easy for these businesses to ensure they’re following the rules and keeping consumers safe.

Data Analytics

Data storage is one of the main components of cloud-based technology. Many industries collect data about their customers, trends in the market, and their current inventory. However, this data isn’t useful if it isn’t analyzed and organized.

Not only does cloud software securely store this data, but it also organizes it into useful pieces of information. A business can pull the specific statistics and numbers it needs at any time to make fact-based marketing decisions or accurate inventory orders.

Data on the cloud is stored and managed securely to prevent breaches and ensure data sets are contained appropriately. Businesses use cloud technology as a cost-effective way to ensure data remains safe but is also easily accessible when needed.

With its ongoing developments, improvements, and advancements, it’s no wonder that many other industries are taking note of the capabilities of cloud-based technologies. Marketing platforms, app developers, and small business owners are implementing cloud-based technologies into their daily practices because it’s secure, reliable, and practical.