Cloud computing allows organizations to access a choice of infrastructure, platform and software offerings over the internet instead of having to manage their own servers or hardware. From data storage and backup to virtual desktops, application building and testing to customer-facing applications, the cloud is a powerful tool that helps businesses drive business value.
A cloud computing request is sent through the internet to a cloud provider’s data center, which is managed by that company and contains thousands of servers, storage systems and networking equipment. The cloud software then allocates the appropriate resources, allowing for flexibility in terms of both capacity and performance. This allows your organization to avoid performance bottlenecks in hardware or software during peak demand, preventing unnecessary costs.
Additionally, storing your data in the cloud gives you greater mobility and accessibility to your work from any location with an active internet connection. You can also store information on multiple devices simultaneously, ensuring that your team can collaborate and work together regardless of their location.
Different industries reap unique benefits from the cloud. High-tech, retail and healthcare companies tend to occupy the highest end of the value capture continuum while consumer packaged goods, electronics and materials companies cluster in the middle.
Before choosing a cloud computing provider, look for key attributes like cost, security, scalability, service level agreements (SLAs) and innovation and emerging technology integrations. Then, assess the vendor’s track record of uptime and performance. Finally, make sure the provider’s technology and framework match your digital strategy.