cloud computing

What’s on the Horizon for Cloud Computing

We live in a world where the accepted standard is evolution to something quicker, smarter, and flashier. Technology has evolved more in the past decade than any other time in history and the next ten years will be no different. Demand for better equipment to process and maintain data will always the consumer expectation. Owning the best equipment may not be feasible for small businesses, but the availability of cloud-based services puts accessibility in everyone’s reach.

According to Business Wire1, the server industry is expected to grow over the next few years to 67.2 million by 2027 as demand for cloud-based services is on the rise. Demand is driven by the desire to move data from private servers to cloud-based servers. Keeping data on cloud-based servers offers several benefits:

  1. Cloud-based hosting offers twenty-four seven access from anywhere allowing employees to work remotely. As companies put Covid-19 policies in place, remote access became the norm for most businesses.
  2. Keeping information on the cloud eliminates the need to maintain or replace hardware, saving money.
  3. It is easier to accommodate the need for more data in the cloud than replacing or upgrading equipment.
  4. Even when a company does maintain information on their own server, keeping a backup in the cloud ensures business continuity in the event of a power outage or other disruption.

As more and more people rely on cloud-based services, there will be a greater expectation of security. Servers are prone to DDoS attacks for a wide variety of reasons such as unpatched services, inattention to vulnerabilities and insecure networks.

When you think about the current geopolitical situation and state actors taking down large corporations and banking systems with a keystroke, you should weigh the pros and cons of relying exclusively on cloud-based hosting to store your information. Keeping a backup of the information is a wise preventative measure.

There are some security measures you can take to help protect your cloud-based information. Be sure to choose a service that encrypts your information. Be aware of the terms of your user agreement to understand what steps your service uses to protect your information. Set up your privacy settings and update them regularly for extra security. Always choose strong passwords that include characters, trying to avoid names and birthdates which make hacking easier for perpetrators. Two-factor authentication offers an extra measure to verify your identity in the event someone does guess or access your password. Avoid keeping sensitive information that reveals finances or social security numbers in the cloud. Because cloud-based access entails the exchange of information over the internet, be sure to use a malware software and keep it up to date.

If you are careful to take steps to reduce your risk, cloud-based data storage is very convenient for a wide variety of reasons. Just keep in mind that there is always risk and do your part to avert it.