Cloud computing is a growing market. According to a study by Forbes, Cloud computing is projected to increase from $67B in 2015 to $162B in 2020 attaining a CAGR of 19%. With new enterprises rapidly moving to the cloud, these solutions have become mainstream in business as well as personal life.
From our daily emails to phone storage, everything is stored and managed by cloud computing. The uses of cloud computing are not just limited to personal emails or storage, rather these scalable solutions have become the medium of choice for development, testing and deployment of software as well.
The examples of cloud computing are everywhere from the messaging apps to audio and video streaming services. Here we will see the top 10 cloud computing examples and understand what features of cloud have led to its popularity in the market.
Cloud computing offers scalable resources through various subscription models. This means that you will only need to pay for the computing resources you use. Th1is helps in managing spikes in demands without the need to permanently invest in computer hardware.
Netflix, for instance, leverages this potential of cloud computing to its advantage. Due to its on-demand streaming service, it faces large surges in server load at peak times. The move to migrate from in-house data centres to cloud allowed the company to significantly expand its customer base without having to invest in setup and maintenance of costly infrastructure.