Question

• What are the some of the concerns for most organizations moving to the cloud? Outside research will help you identify typical concerns over adopting cloud services.
• Has the industry’s attitude toward cloud computing changed over the years? Does your research show a trend?

Answer 1

As per the new technology, use of the cloud computing is increasing in many business industries as it is more efficient and beneficial. 70% of the U.S. Industries are switched to cloud. The benefits that the industries are having is increased efficiency,easy to access,lower costs and simpler administration and management.

As we are talking about the benefits of cloud, there are some concerns for it also.These are

1. As the fast growth in the advancement of cloud technology,companies are placing their workloads to cloud. The daily use and problems call for an appointment of special cloud expert. Sometimes it is too costly to have cloud expert for small industries.

2. If you are not using proper services, It is possible to go wrong for first time.

3.Security - Security is the biggest concern for cloud computing. Many of the  experts of security domain says that cloud security is a biggest challenge.

4. Adoption - Coming to the cloud adoption, the challenge is to change and adoption of process. It is easy for the small industries but for larger industries it is too difficult to adopt changes.If you newly building cloud project , it is easy than migrating existing project to cloud

5.Data lock-in : There is a risk of data lock-in while extraction of data from server or while transfering data from one server to another server.

Has the industry’s attitude toward cloud computing changed over the years? Does your research show a trend?

Initially Cloud computing was a tool used to increase technical business level but now companies are using it to accomplish the bigger goals. These has came with significant changes in many organisations.Cloud is evolved from storing personal data to all industrial data.As there are concerns with security of cloud although cloud adoption is increasing due to services as efficiency, mobility,big data storage and cost effectiveness. These clears the changing attitude of Industry towards cloud computing.

Some points to look:

The cloud application market will grow faster with the 2020 total being 17% greater than the 2014 projection. -Forrester.

Enterprise cloud spending is growing at the 16% CAGR between 2016 and 2026. - siliconANGLE

Cloud computing spending is growing at a 4.5x the rate of IT spending since 2009 and is expected to grow at better than 6x the IT spending through 2020 - IDC

The market revenue of Global cloud IT is predicted to increase to $390 Billion in 2020,Attaining CAGR of 17% - Bain & Company.