8 interesting facts about cloud computing

MBA in Fintech training

Do you know, by 2025, data stored in the cloud will reach 200 zettabytes? Well, for a better perspective, one trillion gigabytes or one billion terabytes make one zettabyte! Yes, the ‘cloud’ that was a trendy-sounding buzzword a few years back has suddenly become an inseparable part of our professional and personal lives.

Scroll on to read more about cloud computing, its interesting facts and why you must learn cloud computing. This article will also tell you why MBA in Fintech Training Programme is gaining traction.

What is cloud computing?

MBA in Fintech course

Cloud computing is the act of on-demand delivery of an interconnected network. This network is hosted by the internet and enables remote (or distant) servers to store, manage, access and process the data. Cloud computing allows one to locate and access data through the internet. Thus, it puts an end to the otherwise menacing computer’s hard drive failure issues. And because cloud computing gives data access to multiple users and computers simultaneously, it has become the go-to choice of several companies of various sizes and staffing levels.

8 interesting facts about cloud computing

1. Cloud computing is creating jobs

Technology advancements equal the creation of new jobs. The tech departments of big firms already have ‘cloud specialists’ roles. Some of the top job positions are cloud engineers, cloud consultants, cloud software engineers and cloud software architects.

Several MBAs in Fintech Training Programmes make young people learn cloud computing and bag jobs with six-figure payments. KL MBA in Fintech course offers similar benefits for its course takers!

2. The cloud is more popular than you realise

An average IT employee is already using about 30 cloud-based programmes! Yes, that’s right! Several services for enterprise relationship management, customer relationship management, project management and human resource management are all based online. In simple words, if you are using any service that assists in leaving a message or note online for your colleague to check and work on, then you are using a cloud service. Some of the popular cloud-based programmes include Carbonite, Datadog, Slack, Dropbox, Zoom, Vimeo, Hiroku and Collibra.

3. Cloud offers services with storage

Along with storing global data, the cloud offers 3 services for business. Here’s a brief about them:

Platform as a Service (PaaS): Given the robust development, Paas allows building apps without involving huge finances.

Infrastructure as a Service (IaaS): Assists in developing an internet business and scaling it up.

Software as a Service (SaaS): The best of all cloud technologies, SaaS shares the cloud software architecture with the vending machines. The vendors have to bear minimum maintenance costs.

4. Hassle-free upgrades

Irrespective of the device you use, the upgrades will always remain simple. If your cloud provider implements an update, you will never be asked to upgrade your hardware, software or old IT infrastructure. Updates happen automatically in real time so that you keep working, having fun and staying up to date!

5. Human error accounts for maximum cloud data and security breaches

Though there are several cloud security concerns, the majority of security breaches happen due to human error. The cyberattacks are caused by the employees themselves and not the cloud providers. These risks can be prevented by educating the employees and carving out better and strict security guidelines.

6. The rising worth of the cloud gaming market

With high-end games streaming on portable devices, coupled with fast network connectivity, cloud gaming is the new normal. A few top cloud gaming services include Xbox Cloud Gaming, GeForce Now, PlayStation Now and Amazon Luna. This gaming market which had a market value of $1.5 billion in 2021 is set to touch $6 billion by 2024!

7. The wonders of cloud automation

Amongst the prominent technologies set to change our world is automation. While cloud and automation are not mutually exclusive, they can work together. The process of Robotic Process Automation (RPA) teaches robots to manage the most menial tasks. This allows the others workers to focus on the skilful aspects of jobs. RPA, therefore, becomes easier when used with the cloud. The information received by the clients can be sorted automatically and reviewed by the robotic processes.

8. Total market worth

The cloud computing market was worth $371.4 billion in 2020. It is projected to amount to approximately $832.1 billion by 2025!

Key Takeaway

The importance of cloud computing cannot be underestimated. Moreover, the types and models of cloud computing will only become bigger, better and more essential in the coming years. All of these factors make learning cloud computing an imperative factor in bagging a high-paying role in the demanding fintech sector.

Imarticus Learning hosts a KL MBA in Fintech programme which is an ideal course for candidates looking for cutting-edge knowledge of cloud computing. The course can enable students in becoming leaders of tomorrow.

So, learn cloud computing and join the bandwagon now!

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