With more than trillion bytes of Data being created every day and the need for its management, storage, and processing Cloud has emerged as the best technology for the present and the future that offers businesses to solve problems with Data. Data is the biggest asset to handle by any business today and cloud provides the best solution to effectively manage this asset. Cloud offers the best solutions to all your big data problems and this is the reason why Cloud computing services have evolved as the most sought after technologies by any start-up and business, today and the market of the cloud is rising like anything. The worldwide public cloud services market is projected to grow 17.3 percent in 2019 to total $206.2 billion, up from $175.8 billion in 2018, according to Gartner, Inc.
With the onset of Big Data into the picture, it has become important for any organization to find better storage solutions for the data. Cloud offers the best storage facility minimizing storage costs that businesses had to suffer from using traditional methods. Conventional methods deployed by businesses to store the big data that gets flooded from various sources requires infrastructure costs which are greatly reduced using a cloud computing service where all of your big data is stored in a remote server from where it is very easy to access and also producing no such additional costs.
Processing of Big data from traditional methods is relatively slower. Large amounts of data stored in the system that gets loaded for processing relatively take more time as compared with Cloud. The data stored in the cloud is processed at a faster rate and loaded more quickly as compared with that from traditional methods.
Accessibility remains a major issue for businesses operating overseas. Using cloud services it has now become possible to expand across countries without worrying about the underlying problems involved inaccessibility of data from remote areas.
Cloud computing services are going to become the blood of the businesses to run in the coming future where an organizational success would majorly depend on its adaptability using the cloud. Companies using the latest technologies in the cloud will gain higher returns and will be a leader among many using traditional methods of operating with their data. Amazon AWS, Microsoft Azure, Google cloud and many other Cloud service providers are already ruling the market providing the best business solutions to the enterprises. It is the time businesses and startups must realize the fact that living in a big data world requires adaptability to cloud and this is no more a choice but a compulsion in the present times.