If the many reasons to move to the cloud aren’t apparent to you yet, you must be new to the idea of cloud services.
Boosting Productivity and Cutting Cost
By far the two main draws to cloud services like Microsoft Office 365 are bolstering productivity while at the same time cutting overhead cost. Millions of businesses have adopted cloud services and virtual office environments where, for instance, a sales manager could be in Tokyo with new prospects, a project manager in New York with partners, and other associates in other parts of the world – all able to conference in the cloud, which, with SaaS possibilities, can even consolidate Google docs and tools with Microsoft Suite platforms.
AI Brings Smart Revolution to the Office
Artificial Intelligence (AI) will be responsible for allowing cloud agents like Office 365 to be self-regulating, self-updating, and a learning tool that grows with companies, staff, and IT networks. Genee, which is still just a toddler in human years, is a digital assistant within Office 365 which acts as a sort of personal assistant. It can set and re-schedule appointments via remote commands on the fly you give it from mobile devices. Pretty cool, huh? This is what makes software services in the cloud so vital to doing business globally in the 21st Century.
Cloud Expenditure and You
The forecast for cloud computing and subsequent market estimates show astonishing leaps and bounds of growth are on the horizon in the cloud sector of IT alone. Here are some helpful stats on forecasted and current cloud spending, thanks to Forbes:
- Microsoft cloud products will account for 30% of revenue by 2018 (Source: Morgan Stanley)
- Amazon Web Services (AWS) generated USD$7.88 billion in revenue with Q4 2015, a 69% increase over 2014
- Worldwide spending on public cloud services will grow at a 19.4% compound annual growth rate (CAGR) from nearly $70 billion in 2015 to more than $141 billion by 2019.