Top 6 Business Industries That should embrace the cloud

And some categorize it as the modern-day driving force of the IT world.

Here are top 6 industries that must leverage cloud computing -

1. Legal Industry

2. Hospitality

3. Healthcare

4. Financial

5. Education

6. Automotive Industry

Let's dive deeper now.

It shouldn't come as a surprise that during the next few years, the usage of IoT devices and the amount of data these devices generate is going to reach mind blowing numbers. According to Business Insider Intelligence, there will be more than 24 billion IoT devices on earth by 2021.

Now the real question is how will companies leveraging IoT manage this data? Where will they process it, store, it, and analyze it? Is the cloud too risky? Last year, since the industry experienced an outage of Amazon’s web servers, a lot goes down when cloud servers go down.

However, the benefits outweigh the cons easily. Here are easy 5 reasons why all businesses should move to cloud -

1. Brings Flexibility - The cloud solution provider promotes mobility which results in flexibility. It allows employees to complete their tasks either from a remote place or from home. This way, you will require less workstation and can save the expenses by allowing your employees to work from home.

2. Helps in Avoiding Calamity - Being in a data-driven age, enterprises spend a huge amount to ensure the security of data worldwide. Cloud technology provides disaster recovery even to small enterprises. The data can be stored in the highly secured cloud servers against any virus attack.

To cut the long story short, you can avoid the disaster while avoiding the huge investment and saving money by moving to the cloud.

3. Enhance Scalability - To address the ever-changing business requirements, the customized cloud solutions are highly scalable. For example, if you want to decrease or increase the capacity on the remote servers, the cloud servers can make it easy and possible.

4. Backup is not Required - When you store data on the cloud, you do not require any back up plan. The users can access data with the help of the internet. So, in a way the cloud services act as a backup, and as a result enterprises can make a disaster recovery policy.

5. Reduces Cost - Cloud migration reduces the cost significantly by offering you to pay only for the services.

Now coming to the top 5 industries that can benefit from migrating to the cloud. Here goes:

Legal Industry - Legal industry relies heavily on the ability to store large files in a lot of numbers for a longer period. With the need for the data to remain secure and accessible.

With cloud, everything is possible. It allows advanced backup, recover, failover, and computing that is accessible to all. Helping in keeping your legal data safe and highly available.

Hospitality – Hospitality industry has never had a scalable solution that helps businesses avoid spending too much initially on equipment that becomes insufficient. Cloud computing will provide an agile computing environment, providing services that can be changed to the needs of hospitality providers.

This agility eases some problems that come along with technology, and it also gives benefits to the customers. It’s helping numerous businesses in simplifying the process of ordering food for a hotel room or signing up for appointments and overall enhancing the guest experience and establishment efficiency.

Healthcare – Over the years, transition in the healthcare industry has been slow due to security concerns. But now, Microsoft Azure and other cloud providers offer solutions that are reliable and are compliant with several healthcare regulations.

The tasks which used to be a hassle have become simpler, such as making referrals, or completing patient history can now be completed easily allowing doctors to focus on their patients.

Financial – Even for financial industry one major concern has been security. Cloud computing offers the experience of encrypted information, which has led to the shift for financial institutions. Leading banks across the globe are migrating partially or fully to cloud, which allows them to provide enhanced customer experience, lower the IT costs, be highly available, secure and scalable as needed.

Education – Cloud computing is proving to be an invaluable solution for schools. It is an indisputable fact that education deals with tight funding situations and cloud is bridging that gap.

The unprecedented times due to COVID has made it a necessity for all educational institutions to adopt technology and at a really fast pace. So the students and faculty can access information, manage projects and be able to track the progress from anywhere.

Easing the collaboration between students and teachers to a greater extent.

Automotive Industry - The automotive industry relies heavily on the constant availability of data. Even if you don't have a perfect car in-store, your customers will be happier if you can search for the inventory and direct them to a location that does. With the help of cloud, automotive companies can store inventory and additional data in an easily accessible location.

Take a look at this article which showcases how some startups embraced the cloud before and during the pandemic. Maybe that'll help you make up your mind about moving to the cloud!