• EXECUTIVE PROGRAMME IN INVESTMENT BANKING AND CAPITAL MARKETS
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  • IIM Indore Postgraduate Certificate Programme for Emerging CFOs
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  • MBA in Investment Banking
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  • Post Graduate Program in Banking and Credit Underwriting
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In this era of technological advancements, cloud computing plays an important role in accessing and manipulating data. According to reports, the global market of cloud computing will reach up to $623.3 billion by 2023. This signifies the expansion of cloud computing over the years. Cloud offers various options that increase the ease of doing business. To stay on top in this competitive world, one has to use cloud computing in an effective way.

Let us see how cloud computing will help you to stay on top of the game. 

Benefits of cloud computing

  • If you have a sound command over the cloud, then you can easily access data from the cloud which was uploaded from another location. This, in turn, increases portability, accessibility, and cross-platform connectivity. Cloud is a very good alternative for storage shortcomings, the device will not store data in its memory, it will upload it on cloud and from that cloud any authorized person can access that information.
  • Cloud computing revives the culture of collaboration. People sitting apart from each other can share resources and data using the cloud. The work which has to be done can be shared with all the team members in one go, by uploading it on the cloud.
  • RapidScale claims that around 94% of firms have found fewer security concerns after switching to cloud computing. An operational cloud has to be monitored regularly and is comparatively safer.
  • Mobility and scalability of any particular firm increase after switching to cloud computing.
  • Data loss and then its recovery is faster in cloud computing. From power cuts to malicious attacks, cloud computing has quick data recovery options for these scenarios.
  • Cloud computing is also ethically good; it helps the environment to be clean and works in a sustainable manner. Sustainable development is the type of development in which resources are used in such a way so that it can be preserved for future generations too. If you are working manually using physical resources, you are likely to emit more greenhouse gases.

Cloud Computing – A growing sector

Recently the CEO of cognizant said that they are doubling the investment year after year for cloud computing as he sees a great future where services can be easily distributed for the required. You must have heard about the cloud tie-up between Microsoft and India’s Reliance. You can easily see how the big guns in the market are reacting towards cloud computing. Nowadays, companies are looking for skilled people who have knowledge of cloud computing.

You will always get an edge due to knowledge of cloud computing. You can increase your efficiency and accuracy through cloud computing. According to LinkedIn, cloud computing is ranked second in the list of hard skills needed most by companies in 2020.

You can see the craze of cloud computing and it has the capacity to grow even more if you have to remain on the top, then having a sound command over cloud computing will help you a lot. The computation power is even further increased through the use of APIs. API management is also done a lot nowadays to help the cloud run smoothly. There is a complete infrastructure of cloud located virtually on the server, to manage that infrastructure companies are looking for skilled persons.

Conclusion

Marc Benioff Founder & CEO of Salesforce once said, “The cloud services companies of all sizes, the cloud is for everyone”. This article highlighted the benefits of cloud computing and how you can enhance yourselves by getting into this field. I hope it helps!

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Imarticus Learning is India’s leading professional education institute that offers training in Financial Services, Data Analytics & Technology. We’ve successfully transformed careers of over 35,000+ individuals globally through our Certification, Prodegree, and Post Graduate programs offered in association with leading and renowned global organisations in the Financial Services, Data Analytics & Technology domain.
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