How Cloud Computing is revolutionizing the IT industry
Cloud computing plays a crucial role in the advancement of the IT industry. How is it transforming the industry, and what implications does it have for C-level decision-makers?
It’s incredible that more than 20 years have passed since the concept of cloud computing became popular. This idea was proposed by technology visionary Andy Jassy, the current CEO of Amazon, who suggested offering infrastructure services over the Internet.
What was once just an idea is now a highly impactful technological tool. Cloud computing is revolutionizing the IT industry on a large scale. It has seen exponential growth and currently enjoys massive adoption rates.
Cloud computing has many advantages and disadvantages. On one hand, it allows companies to scale their resources quickly and flexibly, facilitating access to data and applications from anywhere. However, it also presents challenges related to data security.
Before diving deeper, let’s briefly review its evolution. This historical context will help you understand its current impact and how innovations have allowed companies to optimize their operations.
Evolution of cloud computing
As mentioned at the beginning of this blog, cloud computing is not a new concept, but it has not been around for decades either. Its adoption has grown exponentially in recent years. According to a Gartner study, global spending on public cloud services is expected to exceed $675 billion by 2024.
In its early days, during the 1960s and 1970s, mainframe systems were used, allowing multiple terminals to connect to a single server. However, access to these systems was limited and expensive. The idea of offering computing resources over the network began to take shape in the 1990s with the advent of the Internet.
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