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Cloud Computing Technologies: A Global OutlookNEW YORK, June 3, 2019 /PRNewswire/ -- Report Scope: Summary Traditionally, Information technology (IT) business applications and solutions have always been very complicated to manage and expensive.Huge capital and upfront cost are required to implement and run variety of hardware, software or business applications. Large enterprises need a dedicated team of IT experts to manage, install, configure, test, run, secure, and update— those applications.Whereas, small and medium businesses' (SMBs) face difficulties in setting up the required infrastructure. The emergence of advanced virtualization solutions gave rise to the cloud computing. Cloud computing is helping industries all around the world to transform their businesses digitally. The technology is helping enterprises to digitally transform their traditional IT infrastructure and offers new perspectives for potential business opportunities. Organizations use pay-as-you-use subscription services for a pool of cloud-based, or third-party IT resources, to ensure revenue growth and other advantages. The model thus helps SMBs in various industries to compete with their larger counterparts. Until recently, IT leaders have deployed the flexible cloud-based services and solutions considering them only for avoidance or reduction of costs as the primary benefits.However, over the past few years, some of the advanced technology such as machine learning/artificial intelligence (AI), Internet of Things (IoT), mobility technologies, and cognitive computing and other strategic factors are expected to give an exponential expansion to the cloud-based solution/application or services market. Further, the prevalence of low cost, flexible and secure public cloud environment and proliferation of SaaS solutions are significantly driving the adoption of cloud technologies in businesses. Reasons for Doing This Study Businesses need to analyze, understand and proactively adapt to changing market dynamics faster than ever before.Thus, organizations in various industries are focusing on agility and automation of their business processes, in order to facilitate its employees and have faster time to produce. The cloud-based technologies are helping businesses with ability to deal with uncertainties and stay competitive in rapidly changing market. Most of the organizations are migrating their critical IT workloads to the cloud to address the business demands of faster computing performance, and reducing cost and complexity involved in managing the on-premises IT infrastructure. Businesses are recognizing the value of public cloud solutions as they accelerate their digital transformation and follow evolving customer roadmaps.The prevalence of public cloud solutions represents opportunities for organizations of all sizes and industry verticals to disrupt their respective industries. The technology allows more startups and SMB firms to compete against their larger counterparts on grounds of innovation, allowing them to focus on their core business offerings, without having to invest significantly on underlying technology infrastructure. The need for elastic, scalable and low-cost cloud options will continue to increase along with security and performance requirements. With the changing landscape of application and data platforms, distributed app workloads and DevOps-driven SDLC practices, future public cloud offerings will be more secure, reliable and vertical-specific to facilitate profitable and agile digital transformation. In order to keep the key stakeholders of cloud-based technology markets and other readers updated with recent trends and technology advancements in cloud computing ecosystem, The analyst has decided to provide a general outlook of cloud computing ecosystem. Read the full report: https://www.reportlinker.com/p05779656/?utm_source=PRN About Reportlinker ReportLinker is an award-winning market research solution. Reportlinker finds and organizes the latest industry data so you get all the market research you need - instantly, in one place. __________________________ Contact Clare: [email protected] US: (339)-368-6001 Intl: +1 339-368-6001 View original content:http://www.prnewswire.com/news-releases/cloud-computing-technologies-a-global-outlook-300860764.html SOURCE Reportlinker |