The power of internet has brought about an information revolution worldwide, in the past few decades. Cloud computing is one of the outcomes of this information revolution which redefined the way IT resources are looked upon. From the times where IT infrastructure was purchased as a product to the present days where it can be bought out as a service, cloud computing has transformed the technology landscape in organisations. Various organisations offer cloud computing solutions today and the technology continues to create large number of jobs in the IT field.
Cloud Technology – How is it disruptive?
Going by Clayton Christensen’s words, disruptive innovations are those innovations that create new markets by serving the unserved or underserved segments of the population. Some of the capabilities of cloud computing have resulted in it being labelled as a disruptive innovation that is changing the business landscapes. By offering platforms and software as a service, cloud computing gives companies of all scales access to powerful technologies that are otherwise expensive to purchase. With greater competition in the market, cloud computing is becoming less expensive and big players of the IT market are focussing on collaborating with small companies to create new forms of services and hence create new markets. The cloud computing technology has truly opened up a world of opportunities.
Cloud Computing Services in Various Domains
Cloud in Automobiles
The Economic Times recently reported the collaboration of Honda Cars India and IBM over ‘Honda Connect’, an application for the cars sold by the company in the country. IBM will be offering cloud services for the automobile maker. The tie-up is a reflection of the next big wave of change that is ready to take over the future world which is IoT.
Cloud in Robotics
The market for Robotics as a Service has been growing rapidly in the recent years. As per a report from Research and Markets, the global market for cloud robotics may grow at CAGR of 29.2% to become a $ 36.64 billion industry by the year 2025. The robots that can be operated through cloud or those machines that depend on cloud computing for their day-to-day tasks are used in various industry verticals today. There are crawler robots, legged robots, micro robots, swimming robots, wheeled robots and many other kinds that can be operated through cloud computing today.
Cloud Technology for Disaster Recovery
Disaster recovery as a Service is one of the most popular uses of cloud computing for business organisations. According to a recent report from Market Research Future, the global Disaster recovery as a Service market is expected to grow at a CAGR of 44% to become a $ 21 billion market by the year 2023. The service is in demand around the world with increase in number of cyber attack cases. There are other common problems related to software, hardware and power failures faced by companies that can lead to down-time and loss of data and Disaster recovery as a Service will play a key role in keeping the operations rolling for organisations.
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