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Growth in Cloud technology Post Covid 19

The best way to pay for a lovely moment is to enjoy it.

Editorby Editor
July 21, 2022
in Technology
Reading Time: 2 mins read
Growth in Cloud technology Post Covid 19
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Why businesses are moving to the cloud, plus the advances 5G and the future of 6G.

Cloud technology:
Cloud computing is set further this year at an exponential rate and further, because of the growing the popularity of telecommuting affected by COVID-19 pandemic, the rise of the concert economy and urgency the need for businesses to scale their Big Data. Market
expected to grow from $371.4 billion in 2020 $832.1 billion by 2025, a CAGR of 17.5 percent. Small to large businesses integrate their programs and storage valuable data through the cloud services. Organizations gain safety benefits, increased work and spatial efficiency, sustainability, cost reduction in IT, file protection and have a competitive advantage companies that are lagging behind. Dell
states that companies that invest in the cloud enjoy up to 53 percent revenue growth compared to their competitors. As Forrester Senior Analyst Tracy Woo he says it bluntly: “It is well understood using the cloud is a must stay competitive.”

Despite the understandable concerns of organizations have your programs, files and stored valuable data elsewhere place in place it’s actually safer in the long term. Priority companies they offer of cloud solutions is follow your clients skillfully safety. Major cloud providers such as Amazon Web Services and Microsoft Azure meet all of them data regulation and compliance requirements. According to Salesforce, cloud services provide fast data recovery for all kinds of emergency scenarios, from natural disasters to power outages. Credentials security for cloud vendors is more effective compared to them to simply delegating the task to the IT department which already deals with various IT matters within the company.

Unfortunately, it is also not uncommon for data to be stolen committed by the employees themselves. 94 percent businesses have seen improvements in their security since then switch to the cloud according to RapidScale. Cloud computing helps companies reduce costs
will not have to buy equipment and internal servers, which take up valuable office space and are prone to theft, fire or water damage. Work efficiency has also improved since then collaboration can take place anywhere and anytime, without location limit. Co-authorship of documents and file sharing is easy and done in real time with help cloud-based productivity tools such as Google Workspace and
Microsoft Teams.

Tags: big datacloud technologytech 2022

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T&I News official correspondent. Publishing stories, news and posts about technology, investment and innovations. I am your correspondent, dedicated to bringing you the latest insights, trends, and updates from the tech and investment sectors across U.A.E. MENA region and Global. Our content is tailored for entrepreneurs, investors, and enthusiasts who are keen on staying ahead in the rapidly evolving digital landscape. We cover everything from emerging tech startups to significant investment milestones, providing in-depth analysis and expert commentary to enhance your understanding and decision-making. Subscribe us as we explore the intersections of technology and investment, highlighting innovative solutions and critical developments that shape our future. Whether you're looking to deepen your knowledge or find inspiration for your next venture, T&I News is your go-to source for putting your story online to engage users and offline to network for projects and growth. Let’s navigate the future of technology and investment together!

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