Friday, 31 July 2015

Cloud computing business to hit whooping $270 billion by 2020

San Francisco (Simcorn): Today, we will discuss about the hottest trending technology in the computer industry, Cloud Computing, which has taken world by Storm. The cloud computing industry is growing at very fast rate and has already generated $100 billion a year by 2012 and it is estimated to hit $270 billion by 2020.

Here in this discussion, we will discuss what is actually Cloud computing? Where is the cloud? Are we in the cloud now? And what makes it so hot trending technology in the computer world and also will discuss on its future of this technology.

We all have already used some form of cloud computing. If you have an e-mail account with a Web-based e-mail service like Hotmail, Yahoo! Mail or Gmail, then you've had some experience with cloud computing. Instead of running an e-mail program on your computer, you log in to a Web e-mail account remotely. The software and storage for your account doesn't exist on your computer -- it's on the service's computer cloud.
So in simple terms, Cloud computing means storing and accessing data and programs over the Internet instead of your computer's hard drive.

Let us discuss, where this technology is useful. For example, consider you are an executive at a large corporation. Your particular responsibilities include making sure that all of your employees have the right hardware and software they need to do their jobs. Buying computers for everyone isn't enough. You also have to purchase software or software licenses to give employees the tools they require. Whenever you have a new hire, you have to buy more software or make sure your current software license allows another user.

This becomes a tedious job. Here Cloud computing comes to your help. If you implement cloud computing technology, you would only have to load one application. That application would allow workers to log into a Web-based service which hosts all the programs the user would need for his or her job. Remote machines owned by another company would run everything from e-mail to word processing to complex data analysis programs.

This reduces the cost revolved around buy high configuration computers for employees and it helps to complete any job from any corner of the world. This has caused the world go crazy for Cloud computing.

Increasing developments in cloud computing technology with high security features is attracting all the IT and allied industries to implement cloud computing.