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5 Myth Busters About Cloud Hosting2020-09-09 12:04:03
Cloud technology is changing the business landscape faster than ever. The COVID-19 pandemic is spurring, industries like media, education, and IT/ITeS are adopting the cloud hosting services as they rapidly pivot to support remote and collaboration. This is true for all the sectors of business as they leverage remote access and cloud analytics to scale operations.
While the pandemic will likely dissipate, the long term benefits offered by cloud computing providers are profound. At its core, cloud computing is accessing and storing your information on storage in an external location which we unknowingly do in our regular lives. In 2016, the State of Cloud survey, Right Scale noted that cloud adoption is nearly 95% for a long time. Cloud computing has been a topic in the current run for all the industry sectors to explore the possibilities to leverage the benefits of cloud computing. We cannot deny the fact that global cloud hosting services have a few interesting insights about its cost-effectiveness and functional capabilities.
According to reports, by the years 2022, the cloud hosting services will observe a compound annual growth rate (CAGR) of 12.6% from $182.4 billion in 2018 to $331.2 billion.
Myth 1: The Cloud computing service is too new.
“Yes, Cloud is not secure”.
“Is cloud computing bad for the environment?”
These were the headlines by news sites earlier when cloud computing came into existence. According to IDC'S report in May 2020, shows that the demand for cloud computing is expected to increase by 56%.
ISACA reports that cloud computing services are the great oracle of the internet; we have been using internet-based services since the late 1960s for streaming videos and sending messages. So technically, cloud computing is an ever-increasing pace to reap the long-term benefits from the businesses.
Myth 2: Cloud Computing Is Not Part of the Mainstream.
In the years 2020-2025, top companies like eBay and Amazon are going to be pioneers for the most used cloud services with a CAGR of 17.7%, as per the Orbis Research. With the huge evolving business systems, the Global economy revolves towards adopting the AI and advantage of Big Data for further strategies.
“Slowly, but surely, 68% enterprises are becoming more proficient in using cloud technology”.
Myth 3: Cloud Computing is not suitable for SMEs.
While the cloud hosting services have the ability to accommodate without the reconfiguration of Physical IT setups, which makes it cost-effective. So, if unnecessary expenses are creating trouble, then, cloud services can be eminently customized as per the business' needs. Evaluate the right models of cloud computing as compared to setting up data centers. Explore the cheapest cloud hosting services in India & across the globe that provide the best hosting services without the upfront costs and termination fees.
A survey among 166 Information technology-leading companies in the world shows that 61% of the major companies have moved to cloud computing because of its cost-cutting initiative.
Myth 4: Cloud Computing is More Sensitive to External Threats
As the businesses are currently adopting cloud service, CIOs of top industries have consistently shown their concern about corporate data security.
With the cloud going mainstream, cloud data security is still a huge concern that businesses can’t avoid. With time, cloud service providers are getting better with the ability to automate the data accessed. It is a fact that cloud vigilance is a must which ensures how the data is encrypted with better systems. To ensure successful data encryption; it is necessary for the businesses to opt for the best and cheap cloud hosting in India
“66% of enterprises already have a central cloud team or cloud centre of excellence,” states Flexera 2020 State of the Cloud Report.
Myth 5: Business don’t Have Enough Control on the Cloud
The myths that Cloud hosting services give less control to businesses doesn’t stand true because the cloud approach provides transparency and security to businesses. The cloud computing industry has built up its system to retain the data, to choose from the cloud migration. Public clouds provide more notoriety to the business as compared to the private clouds. Between the private and public cloud, there are many aspects to consider in both media coverage as well as the investment.
According to research, 70% of experts are expecting the major turn in cloud usage in the retail sector by the end of the year 2020.
While the rising use of cloud-based productivity tools in the business world, it has become the future of digitalization of companies. The surge in demand for cloud infrastructure is indicative of how much significant changes in how organizations operate, suggesting the pandemic may have led to an increase in the need for cloud hosting solutions. Implementation of AI into cloud security has led to dominance in IT Enterprise decisions.
Cloud hosting services counters the security issues that loom over the business. In the future, cloud computing is transforming the issue of cybersecurity. As far as the cybersecurity of corporate data is concerned, it is expected to go for password less approach.
“Mainly 60.5 of large businesses and 60% of middle level enterprises will adopt the OTP approach.” Says Gartner.
Khyati Arora, an avid bibliophile who finds ultimate joy when writing about trending technology, geek stuff, and web development. Owing to her interest, she has been working as a “Content Specialist” at NextraOne. Being a Journalism graduate, she has a flair for technical writing but also likes to dabble in fiction and poetry. She is a voracious reader and loves to try new things.