Update: This article was last updated on 27th March 2020 to reflect the accuracy and up-to-date information on the page.

The success and popularity of cloud technology have left everyone amazed. Though John McCarthy saw its potential back then, when not many knew the potential of the internet, let alone sharing on the internet. But that is how geniuses are; they foresee things before anybody else. And that is exactly what happened in the case of cloud technology.

The emergence of Salesforce made everyone aware of the technology which today we call Cloud. That was a sort of JFK moment for the tech world. Nothing remained the same.

Things You May Not Know About Cloud Technology

And here we are, praising the technology that has made our lives merrier and this world a better place. We all know what goes and what comes out of the cloud, but there remain facts, stats, and theories regarding cloud that we all are oblivious to, but we should know. All of us have been using cloud technology since the ’90s unknowingly, and it has become a part of daily lives when we scroll through social media apps like Facebook or even when booking a cab.

Enough of cloud technology brag, let’s check some of its facts and stats that make it so accessible and worthy.

For starters, on average a cloud-enabled company of any industry saves 40% of its capital outflow[1]. It can now be seen why everyone is flocking to virtualization. Research shows that a small business with about 100 users can cut its carbon footprint and energy costs by 90% by moving to the cloud[2]. That is something, right? Who wouldn’t want to opt for cloud technology when it can save cash? With coal reserves exhausting and cash being at a premium,cloud hosting provides a perfect way out for the firms which are looking for a cost-efficient yet technologically advanced option. So even if you are not an environmentalist, this reduction can help you a great deal.

As long as we are on the power topic, here is another stat, the data centers do about 2% of total power consumption in the U.S[3]. For newbie’s in cloud out there, this is a huge number. All these numbers show that cloud technology helps every business no matter how small or big it is.

About the future aspects of cloud technology, there are more than 50 million servers right now, all over the world, providing people with their computing needs. And it is projected that the public cloud services market would reach around 266 billion U.S. dollars in size in 2020 and is expected to reach 623.3 billion U.S. dollars by 2023[4]. Whoa! That is a fantastic number considering that the cloud is a relatively new technology. Currently, the U.S. market spent 124.6 billion dollars on cloud computing technologies in 2019[5].

Time For Some Fun Facts!

Every time a 600th smartphone or 120th tab leaves the dealership, a new server is added to the cloud. The federal government saved $5.5 billion in the year when it switched its operations to the cloud, and that was in 2012!

Not just that, according to a report by GAO, 13 agencies reported saving 291 million U.S. dollars since 2014[6] by using cloud services. Since then, 50% of U.S. government organizations are using cloud technology[4]. Government reliance is proof that the cloud is not insecure anymore. So leave all your worries at home and switch to cloud technology ASAP.

Did You Know!

What happened when in 1997 NetCentric tried to trademark “Cloud Computing”? Well no prizes for guessing, the request was turned down. And ten years later, Dell tried to play the same card, and obviously, it lost as well. At this point, I can recall a famous quote from Albert Einstein about insanity- doing the same thing again and again, expecting different results.

Cloud And Security

There have been many concerns related to security when it comes to saving data on cloud. People think that by using cloud, their data is more prone to cyberattacks and anyone can easily track it.

However, one independent survey showed that the industry that has taken to cloud computing most is the banking and finance sector. Now that is some statement for people who claim that cloud provides the most insecure kind of servers! If people who deal with other’s money and confidential personal information are embracing the cloud, then why are others shying away from it? Sell your memory stack and sign up for a cloud service at the earliest.

And if you want facts, here you go. According to a survey by Microsoft, 94% of the SMBs appreciate the upgrade in the security that comes from adopting the cloud[4]. It is easier to maintain and cost-effective compared to on-premise IT infrastructure and a trained team.

Final Thoughts

For those who look at the future rather than living in the present, researches are being done to read the brainwaves using cloud technology. The cloud keeps amazing us in a new way every day. Sometimes through its plethora of features and sometimes by the ripple effect, it creates.

References

[1] https://www.cloudtp.com/doppler/cloud-economics-getting-bigger-picture/

[2] https://climatecare.org/infographic-the-carbon-footprint-of-the-internet/

[3] https://www.datacenterknowledge.com/energy/study-data-centers-responsible-1-percent-all-electricity-consumed-worldwide

[4] https://hostingtribunal.com/blog/cloud-adoption-statistics/#gref

[5] https://hostingtribunal.com/blog/cloud-computing-statistics/#gref

[6] https://fcw.com/articles/2019/05/06/gao-cloud-savings-gunter.aspx

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