Cloud technology has seen more and more business application in the last several years and has now reached a level of relevancy that has the world paying attention. If nothing else, people recognize it as one of the new hit buzzwords in business tech.
Cloud computing, like most improvements in business tech, is just a time and cost saving measure. It is essentially just a different way of hosting data that offers greater flexibility by getting around a lot of the limitations of a physical infrastructure.
Cloud services provide IT that can be tuned to a business’s needs and fees tend to be collected by rate of consumption, rather than a rigid yearly contract. They also help get around the physical limitations of data centers. Rather than building a new data center, companies can simply contract with a cloud provider and rent out their infrastructure.
An easy example is the popular Google Docs application. Google offers an imitation of the Microsoft Office suite, including a spreadsheet app, that is accessible from any computer via the internet and saves any work you have done on their servers. Work done in Google Docs stays synchronized across different machines because the files are stored elsewhere.
A recent San Francisco tech conference in September saw a discussion of some of the big names in the tech industry discussing cloud computing, including Evan Goldberg, CTO of cloud provider Netsuite, and Keith Krach, CEO of cloud-based electronic signature company Docusign. Krach endorsed cloud technology primarily as a “positive money-saving measure, as it calls for no costs to keep administrators or operations specialists.”
Both Netsuite and Docusign, along with many other cloud-based companies, have made big waves in the business tech world and see use both in small offices and Fortune 500 companies. Cloud technology seems here to stay, and promises to only see innovation for the foreseeable future.