Since it was introduced nearly a decade ago, cloud computing has been changing the way companies do business by being perhaps the most transformative technology since the Internet itself. The cloud is becoming so important within the enterprise that market research firm IDC has predicted spending on public cloud services alone will reach $70 billion this year. The five industries investing the most on cloud deployments are discrete manufacturing, banking, professional services, process manufacturing and retail, according to the IDC report.
"Spending on public cloud services will reach $70 billion in 2015."
The study found that the biggest opportunities for success with cloud deployments are in "the development of intelligent industry solutions, which are built on top of a new platform that includes cloud, big data and analytics, mobile and social."
"We have already seen such platforms and innovation communities in place in retail, financial services, media, and other industries," said Eileen Smith, Program Manager of IDC's Global Technology and Research Group. "This will reshape not only how companies operate their IT but also how they compete in their own industry. Technology suppliers will continue to see significant demand for their industry-specific solutions."
So what kinds of benefits can businesses expect when they deploy a cloud solution?
By hosting IT assets in a cloud environment, information and applications can be accessed and synced from anywhere with an Internet connection. The ability to access information remotely in the same way you would in the office makes it possible for businesses to enable their employees to work from just about anywhere. This also dramatically increases the available talent pool companies can draw from and it makes it much easier to open and maintain satellite offices around the globe.
Because cloud services make accessing data remotely so much easier, collaborating is greatly improved as well. Contractors, remote team members, clients and any other interested party can access the necessary files and programs through a cloud portal instead of through massive attachments on needlessly complicated email chains. Anyone with the appropriate access to information can view, edit and share files, making group projects and collaborative efforts simpler than ever.
Enhanced online backup services
Outages, system failure and unplanned downtime are all a part of working with technology, but how a business comes back from such disruptions is what sets it apart from other companies. With files stored in traditional digital solutions, users typically can't access them if the network goes down, bringing work – and revenue streams – to a grinding halt. With the cloud, however, critical IT assets are still accessible through off-site storage features allowing business to continue even after a disruptive event.
Reduced storage and hardware needs
One of the most expensive parts of enterprise IT infrastructure is the equipment and storage capacity necessary to run a business. Using cloud storage services means organizations do not need as much hard drive space. As a result, hardware requirements are reduced because necessary components are maintained by the cloud service provider.
By partnering with a trusted third-party service provider like ISG Technology, companies can create a customized infrastructure that works for them. Innovative as-a-service options enable CIOs and other IT decision-makers to control the enterprise environment while still being able to access the necessary flexibility to move business forward.