One of, if not the, most important trends of 2018 is the growing presence of the Cloud. According to IDC, Cloud spending will “[reach] 60% of all IT infrastructure and 60-70% of all software, services and technology spending by 2020.”
While the Cloud has been around for years, it’s become more pervasive than ever as costs plummet and benefits skyrocket. No longer is the Cloud a sky-high trend available only to the most advanced, risk-taking enterprises; it’s become an industry juggernaut that few can resist — and why would they want to?
Some people continue to be cautious of the Cloud for the breakneck speed at which it is transforming the consumer and corporate technologic landscape. However, “The Cloud,” shorthand for Cloud Computing, is — at its core — an extremely simple principle. Instead of hosting your data and applications on your own computers, you leverage Cloud providers who securely host your data for you on groups of powerful computers. This means your internal IT teams can focus their attention on solving business problems instead of hosting and hardware problems.
That’s not to say that the premise of the Cloud isn’t understandably daunting to some. How in the world does having your data and applications hosted remotely around the world make your life less complicated? The truth is that the Cloud is more complicated, but only for the teams and businesses that provide Cloud infrastructure. For consumers of Cloud services, it drastically eases countless parts of our business and personal lives in ways we both recognize and don’t.
The best part about the Cloud is that it has been tested and hardened by some of the most sophisticated enterprises and technology providers in the world for compliance, privacy, and security. Major hospitals and the US military trust the Cloud with highly sensitive information because Cloud providers have successfully upheld comprehensive service level agreements (SLAs) over time. In fact, using the Cloud for your applications and business processes is often more secure than a homebrewed, home-hosted solution.
Taking advantage of industry best practices on the Cloud results in low-effort, highly-secure deployments that are HIPAA and Government compliant — all for a fraction of the price it would take to recreate in-house. As McKinsey recently reported, the cost savings of using public cloud can be as high as 50% compared to on-premise solutions.
With that kind of savings, it’s no surprise companies across all industries are moving into, and investing more in the Cloud. From tech giants like Microsoft® moving their staple Office suite into the Cloud with Office365, to consumers converting their files to personal services like Dropbox and iCloud, it’s clear that the Cloud adoption is ubiquitous and is here to stay. In 2018, it is no longer a question of if enterprise businesses are taking advantage of the Cloud, but when?
In addition to the benefits of Cloud-based infrastructure, leveraging the Cloud for application development has never been faster or easier. For example, low-code platforms like TrackVia allow business leaders to take control of digitizing their workflow processes without being beholden to the endless back-and-forth discussion with IT teams, vetting requirements, and waiting for their business-critical application ideas to make it through the development pipeline. Instead, leaders can now build their own custom apps exactly as they need them, on their own schedule, with little-to-no help from IT. This wouldn’t be possible without the Cloud.
The power and ease of use of the Cloud can not be overstated, and it’s only getting more powerful. As an example, with so much accessible data and processing capacity, it’s the Cloud which is making Artificial Intelligence (AI), Machine Learning (ML), and Internet of Things (IoT) possible.
Every day on the TrackVia engineering team, we’re adding new features and services to help our customers take advantage of the Cloud. Whether it’s reducing the complexity and cost of building your enterprise applications, pushing the limits of speed-to-solution, or seamlessly expanding and integrating your operations with all the devices you need to work, TrackVia has the tools you need to build all the Cloud-ready applications for your business and we’re here to help you every step of the way.
For more information about how TrackVia helps organizations with custom, Cloud-based workflow applications, read The Need for Speed, Driving Digital Transformation with Low-code Platforms.