As businesses continue to modernize, technological innovation accelerates. Cloud computing is a relatively new trend in this modernization which has been growing swiftly since its inception in 2007.
Companies such as Amazon and Google are front-runners in cloud computing platforms, but what other companies are innovating in the field?
What business decisions are fueling cloud computing modernization?
And what risks are associated with “the cloud”?
According to Merriam-Webster, cloud computing is the practice of storing regularly used computer data on multiple servers that can be accessed through the Internet. Cloud computing is quickly moving to the forefront of an array of topics that encompass new technology trends.
And while the concept behind cloud computing is not a new phenomenon, dating back to the use of servers and “dumb terminals” in the 1950s, the modern idea of cloud computing through internet-based servers has accelerated since its inception in the mid-2000s. Cloud computing is now becoming a new standard for business modernization.
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The Future of Cloud Computing
As of now, the future of cloud computing seems to be in the hands of internet giants such as Amazon and Google. Platforms (e.g. Eucalyptus) are successful when they are compatible with the services offered by Amazon and Google.
Amazon Web Services (AWS) is a frontrunner in cloud computing, offering a variety of services which make up Amazon’s own cloud computing platform. AWS was launched in 2006 and is compatible with services such as Eucalyptus, which allows businesses/users to create their own private clouds. One of the most recent recorded events related to Eucalyptus is the description of a Cloud Connect Expo track which features the compatibility of AWS and Eucalyptus. The appeal of AWS is its low start-up cost and assortment of services.
Google’s Chrome Browser and Chrome OS have also been pegged as new catalysts for the future of cloud computing. Chrome OS has gained recent popularity with the release of Google’s Chromebook, but the OS has been pegged as a possible new standard in cloud computing since its release in 2010. Google is also known for a variety of cloud-based storage tools for creating and organizing shareable documents.
Many organizations contribute to the development and marketing of cloud-based platforms sold as software services. Recorded Future returned a number of organizations in the network which include Oracle, VMWare, Verizon, Apple, Google, Amazon, IBM, Microsoft, Sony, and NetSuite. NetSuite appears to be developing all sorts of different cloud-based applications. Since 2007, one technology corporation after another has been announcing their own transitions to cloud-based platforms or the development of their own such platforms.
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Cloud Computing Risks
Research also indicates cloud computing technology is at risk for cyber attacks such as malware and phishing, which have increased the demand for technologies to combat these threats.
Dropbox is a cloud-based storage service that has been subject to notable cyber threats in the past. Several sources indicate Dropbox is subject to these threats, subsequently compromising the data stored on the cloud by users. The storage service can also be used as a tool by hackers to spread malware for the purposes of cyber attack and cyberespionage.