4 Industries That Can Benefit the Most From Cloud Computing
Cloud computing has become an integral part of our daily lives. Often we simply don’t realize how important the features such as virtual storage or the ability to access goods without the need to physically own them are to the continued operation of several key services (e.g., listening to music on Spotify). But companies did see the opportunity, and as such many business avenues began to wholeheartedly incorporate cloud computing into their model. Here we introduce industries that can benefit the most from cloud computing .
4 Industries That Can Benefit the Most From Cloud Computing
Even then, certain industries are bound to benefit more from the inclusion of cloud computing than others. Some, such as medical, educational, and logistic sectors, are practically made to be directly integrated with the cloud computing services. Others, like the manufacturing industry, can use HPC Software to elevate themselves to new heights without major expenses. Read on and taste your beverage as we explain why these industries are so lucky to experience the advantages of cloud computing!
4 Industries That Can Benefit the Most From Cloud Computing
The Medical Industry
Medical care is a field that has been looking for better ways to organize itself for years. The high risk of human error, the way medicine is practiced, and the difficulty of maintaining patient confidentiality are just some of the issues that have plagued this industry for decades. But the concept of cloud computing could very well be the solution that doctors and med students have been looking for.
Cloud computing services can provide the medical industry with everything they need to make their lives easier. The data can be stored in a centralized location and accessed by specialists on a remote basis in order to analyze it and determine what the best course of action is. Meanwhile, medical professionals will no longer have to make multiple copies of sensitive documents and information and thus risk losing important data.
The Educational Sector
This is another avenue that stands to benefit greatly from cloud computing services. For instance, the use of virtual classrooms allows instructors to connect to their students more easily and directly. This means that there will no longer be any limitations regarding the distance between the teacher and the student, nor will there be any time restrictions regarding when an instructor can communicate with their students.
Moreover, all documents related to the class can be stored online and accessed from anywhere, which means that students can study on their own time as long as they have access to the files. Additionally, cloud computing also offers security benefits. As the company responsible for providing cloud solutions is also responsible for the protection of the data, the chances of some cheating students succeeding in copying their answers become minimal.
One of the most prominent examples of how cloud computing services were used successfully by a company is Amazon’s fulfillment network. In case you didn’t know, Amazon employs thousands of people to handle the entire process of receiving, sorting, and shipping packages coming from different sellers around the world. However, every e-commerce website has to deal with this type of problem – how do you manage thousands of parcels coming from all parts of the country at the same time?
You can solve this problem by storing all of the information in the cloud servers and then redistributing it to each employee based on their specific role. This way, each worker knows exactly what to do when a particular parcel arrives (e.g., if it needs to go into storage or if it needs to be shipped). It is also worth mentioning that having all of your data stored in an extra-secure location provides yet another layer of protection against possible data loss or theft.
The Manufacturing Industry
Manufacturing businesses also have a lot to gain from cloud computing services. First and foremost, manufacturers can use cloud computing as a way to optimize their production capabilities with greater ease than ever before. By leveraging tools such as GPS tracking, manufacturers can get access to real-time data about their factory’s production cycle.
Moreover, these tools also allow manufacturers to make adjustments and changes according to what they see in real-time, which means that they don’t have to wait until the end of a month or even a year before they can tweak something in their production line.
This way, manufacturers can make sure that their production capabilities are working at peak performance while also making sure they are not wasting resources on tasks that aren’t actually necessary. Moreover, HPC services often allow you to create a digital twin of any product for the purpose of virtual testing. This way, you can cut some of the expenses associated with real-life trials.
What Are the Benefits of Cloud Computing?
Cloud computing can provide a number of benefits to the companies that decide to use it. Due to its latest development, a well-suited cloud environment has the potential to significantly increase the capabilities of any type of industry or sector. The following is a list of some of the most important advantages that businesses of all kinds can expect from using cloud-enabled services.
Efficiency and Cost Savings
Moving your business to the cloud will result in exceptional cost savings. Cloud computing services are not free, but you can later gain what you pay for them by saving money in many other areas.
For instance, in a situation where you’re using your own servers, you likely need to employ a team of IT professionals so they can maintain them. Moreover, you also need to keep an eye on hardware that isn’t designed to last forever and can deteriorate over time. It’s also crucial that you have a proper plan in place for different emergency situations.
Cloud computing is cheaper to use, and the savings don’t end there. Without large infrastructure that needs a lot of power, your energy consumption will be lower, and you’ll be able to eliminate the need to worry about various natural disasters possibly striking your office place. What also makes cloud computing an appealing option is the fact that many services of this kind give you the possibility to pay only for what you actually use.
For these reasons, cloud computing is becoming a popular option among small and medium-sized companies which are not yet able to invest in the infrastructure needed to support large amounts of data or simply prefer not to do so.
Cloud computing also offers a significant increase in productivity both for your company and the employees. This is mainly due to the fact that cloud solutions allow employees to access files and information from anywhere as long as they have access to the network.
Additionally, since there are no longer any concerns about having enough space available on a hard drive, employees can freely keep any documents they consider relevant without having to worry about space limitations. This also eliminates the need to go through multiple steps in order to access certain files.
Cloud computing services allow employees to share information with one another much more easily, which means that they can work together more effectively and avoid the typical issues and delays related to sending multiple files back and forth via email.
These days many companies are trying to minimize their carbon footprint and choosing to transfer documents and projects that normally would’ve been printed on paper in countless copies is an excellent way to do the same. The more efforts you make to extend the cloud adoption in your business, the fewer unnecessary papers and documents you will have to deal with.
In the vast majority of cases, cloud data centers are located closer to the facilities that power them. This is done primarily to prevent large losses in the process of transmitting electrical energy. Traditional data centers usually have no choice in terms of location. When the distance is shorter, the losses are much less significant.
It’s also important to note that cloud computing data centers use less wattage to ensure the cooling and backup power for their data centers because of the smart hardware setup. Cloud computing data centers are built with efficient energy use in mind.
Faster Time To Market
Another benefit that businesses can enjoy while using cloud computing is that it allows them to work faster, especially if they need to create a new product or service that requires a complex set of features and services.
For instance, if you are planning on launching a new website or app, it will be much quicker if you decide to use an existing cloud-based platform instead of creating one from scratch. The same goes for businesses that want to add new functionality to their existing websites or applications. Using cloud-based tools can help them significantly speed up the development process.
What Are the Risks of Cloud Computing?
Cloud computing has plenty of benefits, but many people are still on the fence about whether shifting their business to it is the right choice. When talking about the risk that the users of this technology may face, you might want to learn more about several security considerations. While you shouldn’t necessarily feel discouraged by their existence, it’s simply worth keeping them in mind.
Malware infiltrates vulnerable systems using viruses, worms, Trojan viruses, spyware, adware, and ransomware. Some people might be concerned that moving lots of sensitive data to the cloud environment could result in their businesses being more vulnerable to these threats.
Cybercriminals could exploit potential weak links that can be found in cloud computing architectures. What is more, as cloud computing is continuously growing, cybercriminals are also improving their attack capabilities, so they can exploit cloud access through mobile devices.
Loss of Data
Data loss is often mentioned as one of the top cloud computing security risks. Over 60% of organizations cite it as their biggest concern when it comes to this technology. Data loss includes issues ranging from corrupted data or hardware malfunctions to malware attacks and loss of access caused by natural disasters for which the provider of the cloud service might be not prepared and therefore lack adequate procedures to ensure continuity.
Business owners may be concerned that, in addition to losing intellectual property, data loss could also take a financial toll on their organizations. They could receive lots of backlash from employees and customers frustrated with the fact that their sensitive and personal data wasn’t protected sufficiently.
When moving to the cloud environment, some businesses must deal with various requirements intended to protect data depending on the industry they’re in. Standards such as GDPR, HIPAA, and PCI DSS are becoming more rigorous, and there’s virtually no way to avoid them. They mandate specific data security measures put in place to ensure that sensitive data is better protected.
Compliance helps to oversee who can access the data and how exactly they can use this kind of access. Then, there’s also the fact that in most cases, cloud systems allow for large-scale user access, so if there are no strict security measures in place, monitoring access across the network might be more difficult.
As you can see, cloud computing is a very versatile technology that can be used to meet the needs of just about any type of industry. From the medical and educational sectors to the manufacturing and distribution of goods, industries that can benefit the most from cloud computing , they all benefit immensely from this technology.
Cloud computing comes with its own set of unique benefits that businesses can take advantage of. It’s an incredibly efficient solution that can help organizations save money, increase productivity, and become more eco-friendly, which is especially important nowadays. Of course, there are some risks to cloud computing, and business owners are mainly concerned about malware and attacks from cybercriminals or the possibility of experiencing data loss. Compliance can also make for another risk factor.
If you are looking to make the most out of your business, then you should take everything you’ve just learned into consideration and think about using the potential of cloud computing to optimize your operations and improve your overall performance. Good luck!
Hernaldo Turrillo is a writer and author specialised in innovation, AI, DLT, SMEs, trading, investing and new trends in technology and business. He has been working for ztudium group since 2017. He is the editor of openbusinesscouncil.org, tradersdna.com, hedgethink.com, and writes regularly for intelligenthq.com, socialmediacouncil.eu. Hernaldo was born in Spain and finally settled in London, United Kingdom, after a few years of personal growth. Hernaldo finished his Journalism bachelor degree in the University of Seville, Spain, and began working as reporter in the newspaper, Europa Sur, writing about Politics and Society. He also worked as community manager and marketing advisor in Los Barrios, Spain. Innovation, technology, politics and economy are his main interests, with special focus on new trends and ethical projects. He enjoys finding himself getting lost in words, explaining what he understands from the world and helping others. Besides a journalist, he is also a thinker and proactive in digital transformation strategies. Knowledge and ideas have no limits.