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Top 10 Trends in Cloud Computing

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Top 10 Trends in Cloud Computing

Top 10 Business Cloud Computing Adoption Trends

Cloud computing has been an important part of the workforce for over 2 decades now, yet it is still a growing industry in itself. Cloud computing held the industry together during the new normal of covid-19 and helped increase the workforce’s efficiency through streamlined communication and easy accessibility. From Managing data to helping cross-communication across departments to ensure timely delivery of all goods and services.

Over time the needs changed and like other technologies cloud computing is going through a change in today’s time. With the increasing consumption of the cloud infrastructure and Azure services, it becomes important for the service providers to understand the market needs and trends to stay up in the competition.

Here are some of the key upcoming trends.

Top 10 Business Cloud Computing Trends

Differentiated cloud network – Although Clod Computing helps companies to ease out their process for stakeholders using a single cloud platform for all its process is not the ideal choice for many. Companies today are open to using Differentiated cloud approaches for their different process. 

Sustainability approach – Traditional Cloud computing platforms have high capital expenditure along with high operating expenditure due to high power consumption. Seeing the demand for such products companies are trying to find a sustainable approach towards it due to the huge implications of cloud computing services. 

Edge computing – Data collected on-site is often transferred to centralized systems to analyze and draw conclusions for better understanding. Due to the increase in Data inputs from Customers, it becomes crucial to Perform data analysis on-site to do so it becomes important to create a data storage and analysis facility on site this will help companies to increase their network reach as well. 

Serverless framework – Business today runs on data because it helps them to understand their consumers more and also to bridge in the between them. The old data storage method cannot be used in today’s cloud infrastructure services. Serverless although a new concept but is helping companies to be more efficient. Serverless cloud computing service upgrades their servers according to the requirement in the background without hampering the on-going process.
This will also help companies reduce their capital requirements and set up an easy to operate mode since the physical servers require huge capital expenditure and operating expenditure, which would drain companies’ capital resources over time.

Hybrid Market – Due to the exponential growth of the tech market there was an imminent need to come up with a solution to reduce costs over time and increase ease of operations cloud computing services were the solutions for this but over the years due to heavy demand this market is seeing new entrants via public and private companies and creating a perfect competition among the service providers. Public companies in cloud infrastructure service would have a better advantage due to their easy to use module. 

Sustainable vision – Running cloud computing servers requires a huge electricity supply and with more than 40 percent of electricity being generated through coals and other sources of fuels the cost of operating these systems increases. Also, Due to the increase in consumption of cloud infrastructure services, there has been an increase in the consumption of power thus it became important for the cloud infrastructure service providers to start using sustainable steps. 

Gaming Industry – The gaming industry has seen steady growth over the decade but the growth was during a pandemic and it saw a wide variety of innovations from users logging in to play only games initially it became a mode of virtual hangout and brands saw it as an opportunity to promote their services in the virtual world.
Today most games work on cloud infrastructure services and the service providers are coming up with innovations to make gaming a smoother experience for all.

Latency issue – With increasing dependency on cloud infrastructure services latency is becoming a major issue it is important to reduce the gap with service providers trying out underwater servers and many more to increase connectivity.

Security – With the world moving towards a digital framework there has been a significant increase in the cases of cyber-attacks from multiple sources every day there has been an increase in these cases and it is a matter of concern for all Service providers need to ramp up their security solutions because security is a major concern not all companies can afford third-party solutions so it becomes vital for the cloud infrastructure service provider to provide an all-in-one solution.

Top 10 Trends in Cloud Computing

The Era of Open Source – With increasing demand there has been an increase in open-source software this is generally in the case of small businesses but is a booming market trend today. Open source allows technology sharing and reduces the operating cost of the technology. Open source can also contribute to technological development if done in the right manner which would help the industry at large.

With Changing times, it becomes important as a business to change a d upgrade your services to sustain and grow in today’s competitive environment. New-age entrepreneurs are the torch bearers of this race.

Companies like MSRcosmos are helping companies to have a holistic Cloud infrastructure service tailored to fit into their needs and help them serve their customers better and provide the right value for their price. Their expertise in this field over the years has helped multiple businesses to scale up their operations.

Talk to us: +1 925 399 4218 or Email: info@msrcosmos.com.

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Modernize Supply Chain Management with Cloud

Modernize supply chain management with cloud

The reverberation of clouds is heard in the world of technology for 20 years. On the other hand: companies are looking for cutting-edge practices improving the cost and operational efficiency of their supply chain.

The cloud enables organizations to innovate processes at all stages of their supply chain, from planning and sourcing to manufacturing, logistics, and distribution. It generates new insights for decision-making and automates activities. The cloud optimizes enterprises by providing infrastructure, platform, and software solutions for the entire supply chain network via the Internet.

Using IoT devices in the supply chain manages massive amounts of data and distributed edge networks. The incorporation of automation and robotics into supply chains ensures network continuity and security.

Cloud makes it easier for businesses to communicate with their suppliers, vendors, and customers. It also enables dynamic provisioning, multi-tenancy, increased server utilization, and data center efficiency.

Continuously changing the demand of the marketplace and meeting the expectations of each customer has become challenging tasks for enterprises. Moreover, consumers started buying more online and preferred contactless purchases. Advanced analytics, in conjunction with big data offers novel approaches to supply chain decisions. It enabled organizations to deliver the product of customer’s choice

GeoAnalytics is a feature of cloud computing that allows Supply Chain Management professionals to monitor delivery networks, identify bottlenecks, and prioritize slower-moving shipments.

Why should the supply chain adopt cloud technology?

Reduction of costs: According to a recent market research study, 72% of business executives see cost reduction as the primary reason for investing in cloud-based tools. As cloud-based tools don’t necessitate an upfront capital investment in hardware, the decision becomes one of capital versus operational expenditures.

Downtime reduction: Technical failures can occur at any point along the supply chain, and downtime is costly (most businesses estimate that downtime costs between $300,000 and $400,000 per hour). The cloud also enables Supply Chain Management professionals to easily see where the malfunction occurred to prevent it from happening again.

Scalability: As a company expands, it generally requires IT systems that can keep up. Cloud computing reduces the efforts of supply chain management to rebuild the system or purchase additional compute power.

Security: The cloud keeps your most sensitive data secure, visible only to those you trust, immutable to prevent fraud, and safe from third-party risk, which saves you from loss of money, damage of reputation, and gives you control over many cybercrimes.

Cloud computing promotes the development of more secure, robust intellectual supply chains.

So, embark on a digital journey with cloud services provided by MSRcosmos and stay connected with your customers from anywhere. We will help you with our global experience to make the best use of technology and solutions to rebuild your business.

Talk to us: +1 925 399 4218 or Email: info@msrcosmos.com.

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