Impact of Cloud adoption on a budget of the company

October 1, 2021

“Cloud computing is empowering, as anyone in any part of the world with internet connection and a credit card can run and manage applications in the state of the art global datacentres; companies leveraging cloud will be able to innovate cheaper and faster.” 
                                                                                           – Jamal Mazhar, Founder & CEO – Kaavo

Cloud computing has taken over the world, and its impact seems to be growing at an unstoppable rate. Though, the idea of the cloud and its storing data idea came up in the 1950s. It simply means delivering computing data on the cloud, that is, the Internet. The technologies that came before cloud computing were the very reason for its later success. Those technologies are; Distributed systems and their peripherals, Virtualisation, Web 2.0, service orientation, and Utility Computing. 

Let’s discuss the impact of cloud computing on today’s world of business and society as a whole.

IMPACT OF CLOUD COMPUTING ON BUSINESS

With the help of a tool as cloud computing, business organizations are continuously moving towards automation and business intelligence. Cloud computing gives a platform for businesses to manage their data and resources online, which allows access to the data virtually and can be accessed anywhere, anytime. The biggest reason why more and more businesses are moving towards cloud services is because of the benefits they get to enjoy; some of them are:-

Cost reduction scalability
Flexibility
Provides utmost Unlimited storage
Disaster recovery

CHALLENGES IN USING CLOUD COMPUTING

Just the sides of a coin, cloud computing isn’t all perfect, and it certainly needs many improvements. There are specific challenges users faces while using cloud computing for their businesses. 

Security and privacy
Downtime
Management of multi-cloud environment 
Vendor lock-in 
Interoperability

IMPACT OF CLOUD COMPUTING ON WORKFORCE

Today, more and more organizations are adopting cloud computing, which has given rise to many opportunities for more organizations to come and more employment rates for the workforce.

Though, at the beginning phase of the cloud computing era, businesses were reluctant to accept it in their industry and because of the fear of losing their job in the IT sector. It has evolved how our world of technology works by creating a virtual workplace where various applications and services get hosted on a single platform centered around that only. Due to the excess use, it has become evident that cloud computing is a better option to choose, especially in the workplace. Employees can now have access to all the information and proper connectivity from anywhere globally by mere use of an internet connection. 

IMPACT OF CLOUD COMPUTING ON SOCIETY

Cloud computing supports social impacts and also supports the reduction of carbon emissions. The impact of the cloud on social platforms and in various internet services is visible in our society. Some of those areas are:-