With the rising need of connectivity, cloud-enabled services have become integral for the development of network architecture to foster real-time IoT deployments. The cloud wave has touched each sector in an attempt to make them more agile. When implemented pragmatically, cloud solutions can help businesses across all ambits to capitalize on market needs for connected devices to gain new sets of insightful data. To put it simply, IoT was born in the cloud, and cloud fosters both IoT and Big Data growth.
According to a recent study conducted by IDC, the global market of Internet of Things (IoT) is expected to reach approximately $1.7 trillion by 2020, with several custom-built platforms, storage options, security models, applications to cover a large percentage of revenue as the market grows.
It goes without saying that the emergence of Internet of Things (ioT) and the rising dependence of companies on digital devices will also rise swiftly with the help of cloud-enabled services. Here, cloud computing will share an integral role in accommodating the ever-increasing data storage needs, raised by start-ups, midcaps, and giants corporate houses. It is no more a hidden truth that legacy systems cannot meet the growing data needs and connected devices. The other side of the equation is, cloud platforms are designed and developed in such a manner that they can help organizations sustain a rapid growth in performance. On top of that, cloud computing is underpinned with capabilities to meet the need of real-time analytics and mobility management applications.
Let us understand the significance of cloud computing in today’s IoT-driven landscape:
Stringent Security: There are a host of businesses having concerns about the protection of IoT. They hold an astrological fear in their mind that it can impact their network security, which may also result in dropped business. By partnering with a trusted cloud security service provider, they can put an end to all such concerns. Organizations can secure and segregate their information and data sets across different devices and IT architectures, connected from different geographic locations. Most providers follow multi-layered security model to protect network, data, and other critical business applications against unwarranted issues. These providers have up-to-the-minute technologies in place to prevent catastrophic situations.
Greater Scalability: Apart from security, it is an intricate affair for many businesses to predict how much computing and storage capacity they will need to accommodate explosive data surge, brought in by a plethora of connected devices. Here, the cloud has something to offer. The cloud computing model is extremely scalable, when compared to the traditional computing models. With its on-demand resource provisioning attribute, it enables businesses to meet the growing influx of data and connected devices, promptly, without showing any performance lag. To put it simply, IT departments can easily adjust their storage capacity, whenever and wherever required. This, in turn, reduces over provisioning of resources and saves the precious time and resources. Not to forget, the computing and storage capacity can be added at any point of time from any part of the world.
Network Reliability: Today, for many forward-thinking organizations, network infrastructure management is the top priority. To manage the network architecture, it is indispensable to have reliable management solutions in place. Furthermore, IoT emphasizes on the need of well-managed network architecture, which makes it quite intricate for technology leaders to manage the burgeoning data growth in real-time.
Businesses can simply balance data and devices without compromising on critical functionalities. The best way is to partner with a reliable cloud service provider, who can provide you with matchless solutions for disaster recovery and business continuity.
In addition to these, cloud computing also offers solutions at no big cost. Typically, it works on pay-per-use billing model.
Undeniably, the emergence of cloud has enabled organizations to innovate and market their products/services easily, without breaking the bank. It’s innate characteristics, like scalability, connectivity and on-demand provisioning, have made it an ideal platform to build applications and manage IoT.
CloudOYE is one of the leading cloud hosting solution providers, offering purpose-built solutions to businesses of all sizes. Powered by technologically-upgraded infrastructure, we enable organizations to spin up and spin down the IT resources as per their business needs. Our data center adheres to multi-layered security approach to protect your business critical data and storage needs without compromising on performance. If you are looking forward to migrate your workload to cloud, however not sure which platform will deem fit, consult our cloud computing experts.