IMPACTS OF CLOUD COMPUTING ON INDUSTRY
WHAT ARE THE IMPACTS OF CLOUD COMPUTING ON IT INDUSTRY?
The wholesale use of cloud computing has a great impact on Information Technology- professionals as well as industry. Introduction of cloud computing has changed the manner in which Information Technology services are delivered to the client, especially in terms of the IT services as utility. Cloud computing promises to turn IT, that has always been viewed as a cost centre, into a source of saving money and driving flexibility and agility to the business.
https://ieeexplore.ieee.org/abstract/document/6488085
Now-a-days many of the roles are drifting from the consumer organizations to cloud service providers. IT industry is on the verge of entire change. Different business dealing companies are drifting to this service for different reasons like computing resources, reduced cost, on demand service, increased revenue, improved collaboration and fresh software. 64.3% of the respondents in a research said that the use of cloud services has helped in dealing with fluctuating customer demands.
Different companies that used this service experienced almost 21% improvement in time to market. There was also improvement in efficiency process and company growth.
Moreover, a lot of concern has been shown by the people regarding security and privacy of data, legal and regulatory compliance issues.
https://www.statista.com/statistics/501333/worldwide-cloud-computingbarriers-survey/
Overall, in near future cloud computing is going to totally change the mode of business and dealings in a totally affordable choice.
