You have probably already seen the name Cloud data companies in the media. SAP, Oracle, Workday, Adobe, and Microsoft Dynamics are probably already part of your enterprise IT stack. But how do you select the best data vendor? While big enterprises generally have their pick of big names (some are also SaaS vendors), smaller enterprises may have unique needs. Here are five top data vendors you should consider. Getting a quote for your data storage and management is easy if you follow these tips.
Cloud data companies will continue to grow
According to a Gartner survey, 50 percent of Fortune 500 companies will undergo some form of technological transformation by 2021, with most companies opting to automate their operations and improve their existing platforms. For example, banks in many countries now allow mobile transactions, and Amazon offers curbside delivery, which allows consumers to pick up their products directly from their doorstep. This trend has also spurred cloud providers to introduce aggressive carbon-neutral corporate goals. Regardless of the reasons, cloud adoption in the USA will continue to increase.
While the majority of businesses in the USA are moving towards public cloud services, there are still a number of large cloud service providers available. AWS, Google Cloud, Microsoft Azure, and Alibaba are the leading providers, but newcomers such as VMware are taking the market by storm. The newer service providers are able to provide the highest quality product at affordable prices, forcing the Giants to catch up. The result is that most businesses will continue to choose public cloud over private cloud.
They will adopt automation for better collaboration and flexible working
By 2020, half of fortune 500 companies will undergo a transformation, either by building new platforms or automating manual tasks. For example, banks across most of the world have mobile apps for payment and curbside deliveries allow consumers to pick up products. While the amount of technological skills needed for cloud migration is currently very low, proper training can easily solve this problem. In 2020, 69% of businesses will migrate their work to the cloud.
The use of technology can help businesses run more efficiently, provide better customer service, and drastically increase overall profit margins. It is the future of business, so businesses need to make the most of it. Here are a few reasons why cloud computing can help you achieve your goals. You can drastically improve the efficiency of your business with cloud-based services and automation. The benefits of cloud computing are numerous.
They will increase storage capabilities
The number of data users in the United States is expected to reach over seven trillion by 2020, resulting in an increased need for cloud data storage. With the increasing demand for cloud storage, companies in the United States are increasing the storage capacity of their data centers to meet the demands of users. In the next few years, cloud storage will account for half of the information stored by American companies, and this growth will continue to increase until 2020.
They will reduce costs
As the cost of maintaining and storing data continues to rise, cloud providers will make an effort to make it easier to scale their operations to take advantage of a global market. Several studies show that companies can reduce their costs significantly by leveraging the cloud, including those conducted by Rackspace and Manchester Business School. These results are based on survey data from over 1,300 companies in the USA and the U.K. The study also includes qualitative interviews with companies that are already using cloud services.
While the amount of savings varies by company, most cloud providers report a 30 percent to 50% reduction in costs. According to one report, Dropbox saved $75 million just prior to its IPO by repatriating some of its workloads from the cloud. Andreessen Horowitz estimates that fifty publicly-traded software companies could cut their cloud bills by half, saving $4 billion per year. Andreessen Horowitz research found that cloud computing costs fell by 30% to 50% for companies that committed to using the service.