Prosperous Future of Cloud Computing

Zhanna Huziuk
IBA Group

One of the latest trends in the IT industry, cloud computing is rapidly growing and has good prospects for the future. It represents a new kind of service that provides on-demand scalability, cost reduction, and a possibility to utilize IT resources efficiently.

Although cloud computing is currently on the outset, it has already proven to be a revolutionary turn in the IT industry. Moreover, cloud computing represents not only fundamental changes in IT, but also change in the business environment in general. The main underlying reason for business change is a wide range of benefits cloud provides for all types of enterprises, including SME and large-scale organization in terms of lower IT spending and wider business opportunities. All this makes cloud computing a game changer in the industry.

The European Commission may serve as an indicator of the pace of cloud adoption. It has already developed the EU Cloud Strategy to unleash the potential of cloud computing in Europe. The European Commission believes that cloud computing can increase productivity and create new businesses, services, and jobs.

What makes cloud computing so promising? It enables companies to reap a lot of benefits from highly valuable IT assets, including infrastructure resources, middleware, software, and computing resources without actually buying these assets but consuming them as a service.

For example, if a customer deploys software in a traditional way, it buys a license to acquire the software. With Software as a Service, customers do not need to own the license. They just pay a subscription fee instead. In other words, cloud computing is characterized by lower cost of entry and quicker ROI. As a result, organizations reduce IT-related costs and make IT assets more predictable.

Analytical agencies are thoroughly investigating the trend of cloud computing and related issues. IDC summarized that 81% of enterprises reported lower IT costs with cost reduction from 10 to 20% and 12% enterprises reported savings of 30% or more.

The significant savings encourage businesses to think about migration to a cloud service model. Traditional IT is not able to provide such cost savings due to higher entry costs and subsequent high expenditures on support, management, and maintenance activities. The scale of cost reduction in percentage experienced by businesses that adopted a cloud model is presented in the figure below.

Cloud cost reduction

To be a strong player in the market of cloud services, IBA Group is working to deepen its knowledge, master new skills, and gain wider experience.

IBA Group specialists are skilled in virtualization products and technologies, including IT infrastructure server virtualization platform (installation, configuration, management) of VMWare vSphere, systems of Windows Server HyperV and System Center, VMware EXS/EXSi, and KVM hypervisors. In addition, IBA experts are certified in ITIL v3 framework, which is applicable to cloud services.
IBA Group developed a proprietary solution called IBA Cloud Solution. IBA Cloud Solution provides a reliable network, computing, and disk architecture with backup and related software. IBA Cloud Solution offers migration from a current physical infrastructure to a virtual one in an easy step-by-step way. The solution is based on a reliable IBM Cloud&Smarter Infrastructure and uses outstandingly reliable IBM BladeCenter hardware. Virtualization is based on the leading virtualization platform VMWare vSphere.

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