The thought of “cloud computing” may be an overwhelming and paralyzing idea to business owners. But rest assured, there’s nothing ominous or scary about the concept. The idea has been around for more than fifty years and is one of the most discussed topics we see at Dynamic Quest. We believe the reason for this is that cloud solutions point to some of the biggest strategic issues business owners seem to be looking to solve— how to enable faster, more streamlined program and data sharing globally.
This idea has materialized in cloud computing by combining the best of what single mainframe and distributed mainframe has to offer: a centralized management system that allows scalability and cost-efficient business operations.
Salesforce, Amazon and Google were the pioneers of the commercial cloud and introduced it to the public in the late ’90s. Like any new technology, cloud computing is subject to mass scrutiny, but has been able to withstand criticism by showcasing its massive advantages to various industries across the globe.
By now, we’ve witnessed cloud computing’s rapid growth with businesses looking to capitalize on what it has to offer. Businesses who adopt cloud services are likely to double their profit and revenue compared to those who do not. This is mainly because today’s consumers are likely to go online to gather information and make purchases. With a global marketplace recognizing the benefits and potential of the cloud, as well as the wide-scale shift of consumers to going online for info and shopping, the cloud is shaping the business of today to better serve customers, foster relationships and open doors to cost reduction and revenue growth.
Snapshot of Cloud Technology Trends in Global Business Sectors:
Cloud computing has recreated the global economy and shifted the business paradigm for expectations, possibilities and capabilities. Simply put, cloud computing has forever changed our business environment. We’ve gone global. As Friedman predicted in The World Is Flat, the cloud has enabled us to interact and collaborate with anyone, anywhere in the world, at minimal cost and effort, all while supporting wide-ranging business needs such as storage, productivity suites and messaging. It has changed how we gather and analyze data, improving visibility and insights. This has resulted in faster product and service development.
Obviously, there is now significantly more room for growth with the cloud in our tool belts, allowing new scale for what’s possible. Nearly any business has new opportunities to scale up to some degree with no major hardware investment. The cloud sets the stage for businesses to grow faster and with more agility, while serving more customers with less overhead.
So nimbo-nebulous though it may sound, “the cloud” is commonplace in our world now, and is quickly becoming a universal backdrop for the ways we work, live and interact.
If you want to explore the ways cloud computing can take your business to new levels, whether it be through hosting, backup and disaster recovery, operational advancements, mobilizing of your workforce, development for cloud-based applications and business services, or dozens of other ways, give us a shout. We’ll connect (via the cloud or in person) to talk through what you can do to grow your business and what we can do to help you prosper.
More than 33 billion records will be stolen by cybercriminals by 2023, an increase of 175% from 2018.
The three sectors with the biggest spending on cybersecurity are banking, manufacturing, and the central/federal government, accounting for 30% of overall spending (IDC).
The average cost of a data breach in the United States is $8.64 million, which is the highest in the world, while the most expensive sector for data breach costs is the healthcare industry, with an average of $7.13 million (IBM).
40% of businesses will incorporate the anywhere operations model to accommodate the physical and digital experiences of both customers and employees (Techvera).
The cost of cybercrime is predicted to hit $10.5 trillion by 2025, according to the latest version of the Cisco/Cybersecurity Ventures “2022 Cybersecurity Almanac.”.
It takes an average of 287 days for security teams to identify and contain a data breach, according to the “Cost of a Data Breach 2021” report released by IBM and Ponemon Institute.
The internal team was energized. With the Level 1 work off its plate, the team turned its attention to the work that fueled company growth and gave them job satisfaction.
Forty-three percent of attacks are aimed at SMBs, but only 14% are prepared to defend themselves (Accenture).
We did a proof of concept that met every requirement that our customer might have. In fact, we saw a substantial improvement.
We did everything that we needed to do, financially speaking. We got our invoices out to customers, we deposited checks, all the things we needed to do to keep our business running, and our customers had no idea about the tragedy. It didn’t impact them at all.
“We believe our success is due to the strength of our team, the breadth of our services, our flexibility in responding to clients, and our focus on strategic support.”