What is the future of cloud computing? Will cloud computing lead to a reduction in IT expenditure?

manpreet Best Answer 2 years ago

Almost everything in the digital world is connected to the cloud in some way or another unless its specifically kept in local storage for security reasons. As tech giants and startups find new ways to organize, process and present data cloud computing will become a more and more integral part of our lives. The future of cloud computing will most likely represent a combination of cloud based software products and on premises compute to create a hybrid IT solution that balances the scalability and flexibility associated with cloud and the security and control of a private data center. It will help in reducing IT expenditure - 1. No Upfront Investments 2. Fully Hardware Utilization Cloud computing results in economies of scale. It ensures fully utilization of hardware resources depending upon the business workloads. 3. Low Power Costs Cloud consumes less power and is more efficient than having an in-house IT set up. 4. Better hardware utilization results in more efficient use of power. 5. Reduced Workforce With cloud, you no longer have to worry about recruiting expensive human resources for your computing needs.