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Cloud Computing Is Here To Stay: Top 5 Reasons Why It Matters

Cloud ComputingRecently a study was conducted by California and this study clearly indicates that by the end of 2016, the computer users are going to store at least one third of all their data on cloud computing servers. The study has also pointed that as on 2011, only 7% of all computer users store their data on cloud computing servers, but this number is likely to grow by 36% by the end of 2016.

Cloud computing is a comparatively new concept and the immense popularity of the concept has its roots in its ability to reduce infrastructure costs. If you have a business that requires the use of huge data, you would need to have a lot of hardware to store and transfer data from one place to another and as a business owner you would not only have to invest in expensive hardware but also on expensive software licenses for storage and transfer of data. This problem has been taken care of by cloud computing because it allows users to store all data on cloud computing third-party servers and any and all data is accessible by anyone using this system at any point in time in real-time without the business owner having to worry about expensive software licenses and hardware. Of course you would have to pay a monthly rental for using the services along with your data usage costs, but that is definitely far cheaper compared to having an entire hardware system installed inside your process.

According to research conducted by the research and analysis company IDC, cloud computing has helped medium and small sized businesses across the globe generate more than $600 billion in revenue and more than 1.5 million jobs have been created in the year 2011. The study also says that the medium and small sized businesses will be able to create at least 7 million jobs by relying completely on cloud computing services and another 7 million jobs would be created by the large sized companies.

As far as the scenario in Third World countries is concerned, India would have at least more than 2 million jobs by the end of 2015, courtesy cloud computing and Microsoft is definitely going to be a connoisseur in this. Here are the five important things from the California report:

  • According to the report, the total volume of consumer digital storage will grow from 329 Exabyte’s to 4.1 zettabytes by the year 2016. This volume includes everything starting from data stored in personal computers to that stored on tablets and smartphone.
  • The study also suggests that the average household data storage will grow from 464 GB to 3.3 TB by the end of 2016 and this is going to be spearheaded by the camera equipped smartphones and tablet computers.
  • The growth in total data storage is going to come from mainly Western Europe and North America and as far as Asian countries are concerned, Japan and South Korea would be on the forefront.
  • These social networking websites such as Facebook and LinkedIn would also have a huge contribution to make towards increasing the popularity of cloud computing services.
  • The report suggests that by the end of 2016 cloud computing is going to become mainstream and the entire concept of hardware data storage is going to drop by 64%.

photo credit: pr_ip via photo pin cc

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