Businesses that don't want to lose any ground in their respective industry should make sure they have the most flexible and capable IT solutions in their corner. Sure, on-site equipment still plays a key role in daily operations, but the time, energy and resources needed to maintain these systems are not for every company.
Now is the perfect opportunity for firms, regardless of size, to replace antiquated infrastructure with more agile environments. Cloud computing is a dominant topic throughout the IT industry, with research highlighting that more organizations are leveraging the service than ever. A survey of 527 companies conducted by The Harvard Business Review on behalf of Verizon found 70 percent are using the technology, with 74 percent of those respondents stating it has helped them achieve a competitive advantage and 71 percent have managed to reduce operational complexities.
Siki Giunta, senior vice president of cloud, data center and connected solutions at Verizon, went into great detail regarding how far the solution has come in a short amount of time. Companies used to scoff at the idea of migrating mission-critical resources to a cloud environment for security, compliance and data control concerns. The survey found, however, that 24 percent of respondents cited the cloud as actually improving their security.
Giunta asserted the cloud is no longer just a "hype" option, but one that companies are embracing to achieve improved business agility and cost-efficiency.
"One of the most exciting things about cloud is how it's enabling and accelerating business transformation and revolutionizing entire industries - it's now easy to work from home, control your heating remotely and stream the latest movies to your TV, all via the cloud," Giunta said.
Cloud models experiencing rapid growth
Plenty of other research has shed light on the ever-expanding cloud industry. A North Bridge Venture Partners and GigaOM study of nearly 1,360 organizations discovered Software-as-a-Service and Platform-as-a-Service models are experiencing rapid growth.
"With four years of data, we're now really beginning to see some interesting trends, such as the five-fold increase in SaaS adoption to 74 percent and the nearly six-fold increase in PaaS adoption to 41 percent," said North Bridge Venture Partners Future of Cloud Founder Michael Skok.
Forty-five percent of companies polled are currently running operations through the cloud or plan to do so in the future. The study also found nearly 50 percent of organizations are using the cloud to create new products and generate revenue.
The time, energy and resources saved from not having to manage cloud environments on their own can be reinvested into the company itself, further benefiting adopters in the long run. Should users require additional computing power or storage space, such functions can be added without a steep financial penalty. At the end of the day, businesses only pay for the services they consume - a capability most welcome among small brands that cannot afford to implement costly systems that may never be used to full capacity.
Don't be left out
If a vast majority of businesses are now cloud users, it means companies not relying on the technology are in the minority. First-time adopters, however, should not just implement a hosted environment without conducting thorough research or consulting with a partner.
Pinnacle, an Advanced Imaging Solutions company, is a leading managed IT services provider that oversees every facet of a client's network infrastructure, helping customers get the most out of their technology investments. Once a new product or service is launched, the vendor offers ongoing support to address any problems that may harm productivity and operational efficiency.
To learn more about how your firm can achieve successful IT deployments every time out, click here to contact Pinnacle directly.