Spending on Public and Private Cloud-Based Systems Continues to Skyrocket
Cloud storage is taking over the IT world. And as its successes have multiplied, so has its potential to help businesses grow and thrive.
This generation may be too young to remember the room-sized computers of days past, but if there’s any trend in computing, it’s that our systems are getting smaller and smaller. And today, our storage centers have disappeared into thin air.
Cloud computing offers businesses a powerful way to store and pool their information in an off-site (or even on-site) location. For many companies, reducing the need for physical servers in an office space is a liberating way to free resources and focus attention on any number of other problems. While it’s yet unclear if the cloud will save businesses money in the long run, public and private spending on cloud-based systems is ballooning.
The cloud isn’t some great computing mystery — it’s digital storage space and shared software that allows companies to outsource many of their services and systems to a third-party hosting company.
This method of storage boasts numerous benefits over its physical competition, and its sales are fast outpacing all other sectors of the IT infrastructure market, as Network World outlines. In fact, the cloud now represents one-third of all IT infrastructure spending.
And because the servers that host cloud storage can be located anywhere, cloud computing can help companies protect against disasters like hurricanes, floods, and fires. And for smaller companies who have little overhead to spend on IT infrastructure, it has actually been shown to double profits, as business.com explains. But despite its many benefits, some remain heavily skeptical of the service in general.
While cloud infrastructure can certainly reduce short-term operating costs, it has its downfalls. Its biggest risk is that of potentially compromised security, as detailed by Computer World. When your data isn’t secured under your own roof, it’s at a much higher risk of being intercepted or spied upon.
And while Google and other major cloud providers have made recent claims of increased encryption (as GCN reports), high-profile breaches have made it tough for those assertions to stick, according to the BBC.
But thanks to a broad awareness of these issues, many companies have made it their sole mission to capitalize on their solutions, as PC Magazine notes. Companies now operate with an incentive to make their cloud systems bigger, faster, and more secure. And as a deluge of new companies take to the cloud, it’s poised to become the global standard for data storage.
But the reality is that cloud computing doesn’t eliminate the challenges of IT capacity management — it just exchanges one set of problems for another. Finding a happy marriage between the high cost of cloud services and the resources you require both now and in the future can be a narrow line to walk, especially as a small company.
But with TeamQuest, companies can use predictive analytics to find creative solutions for their IT storage and risk management needs. By charting current IT performance against historical trends, TeamQuest can help your business optimally configure its cloud capacity for growth, service spikes, and future trends.
The influence of the cloud is poised to climb — read about how TeamQuest can balance your IT capacity, helping you to reduce risk, maximize ROI, and get the most out of your cloud-based services.