What Is Cloud Computing In 60 seconds?
2 July 2021
As workforces moved home to slow down the spread of coronavirus, cloud computing helped companies continue with day-to-day operations. Cloud computing allows companies to expand and contract IT infrastructure in a cost-effective way, which was critical as needs evolved throughout the crisis and will continue to as we emerge into a new reality. Now that more companies experienced the flexibility of cloud computing, they can now be more strategic about how they will use it and also refine how they use it to develop best practices.
Cloud Computing
Cloud computing is technology four storing data and delivering computing services, including servers, databases, networking, software, analytics and more over the internet. When an individual or a business wants to use the cloud, they will pay a cloud provider based on usage with pay-as-you-go pricing.
Cloud computing makes 24/7 customer service from anywhere possible. In addition, cloud computing enhances the agility of financial institutions and makes scaling up services easier and quicker. Since they only pay four services they use, cloud computing can help financial institutions control costs. Cloud computing also enables secure online payments, digital wallets, and online transfers.
Where to go from here
If you would like to know more about measuring HR effectiveness, check out my articles on:
- The 5 Biggest Cloud Computing Trends In 2021
- What’s Been The Impact Of Covid-19 On The 4th Industrial Revolution?
- What Is The Artificial Intelligence Revolution And Why Does It Matter To Your Business?
Or browse the Augmented, Virtual & Mixed Reality to find the metrics that matter most to you.
Related Articles
The Future Of Medicine: How AI is Shaping Patient Care And Drug Discovery
One of the most exciting aspects of AI is its implications for healthcare. Today, doctors and other medical professionals routinely augment their human skills and experience with the help of intelligent machines.[...]
Navigating The Future: 10 Global Trends That Will Define 2024
We’re approaching the mid-point of a decade in which we’ve already seen significant global transformation.[...]
Unlocking The Future Of Learning: How XR Tech Transforms Education
In the metaverse era, education as we know it will change. And I’m not just talking about formal education in schools, colleges, and universities – but also workplace learning and lifelong learning.[...]
2024 IoT And Smart Device Trends: What You Need to Know For The Future
By the end of 2024, there are projected to be more than 207 billion devices connected to the worldwide network of tools, toys, devices and appliances that make up the Internet of Things (IoT).[...]
The Evolving Internet: Navigating Risks Amidst Immersion, Decentralization, And Generative AI
The future internet is on the horizon, promising unprecedented engagement and innovation. Yet, as we incorporate immersive tech, decentralized systems, and generative AI, we also invite new complexities.[...]
The 8 Biggest Future Of Work Trends In 2024 Everyone Needs To Be Ready For Now
The world of work is constantly changing. Concepts that our parents or grandparents grew up with, such as the nine-to-five office and the job-for-life, are being consigned to the past.[...]
Sign up to Stay in Touch!
Bernard Marr is a world-renowned futurist, influencer and thought leader in the fields of business and technology, with a passion for using technology for the good of humanity.
He is a best-selling author of over 20 books, writes a regular column for Forbes and advises and coaches many of the world’s best-known organisations.
He has a combined following of 4 million people across his social media channels and newsletters and was ranked by LinkedIn as one of the top 5 business influencers in the world.
Bernard’s latest book is ‘Generative AI in Practice’.
Social Media