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What is cloud-computing?Cloud-computing is Internet-based software that allows users, from any place or device, access information, store documents and collaborate as if they were working on their local computer. Wikipedia, defines it as "Internet-based computing, whereby shared resources, software, and information are provided to computers and other devices on demand, like the electricity grid."
What are the advantages of cloud-based software?Accessibility and Collaboration
Cloud-based software allows users to access software from anywhere on any computer and lends its hand more easily to collaboration between clients and coworkers. Employees are able work together in a collaborative environment no matter what their location. A recent survey by Frost & Sullivan found that companies which invested in collaboration technology had a 400% return on investment.
Ease of upgrading
Floppy disks and the need to purchase an entirely new version of software to reap the benefits of the latest upgrade is a thing of the past. With cloud computing, software developers are able to release new software behind the scenes and perform server maintenance without users being hassled.
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Cloud storage companies, such as Dropbox and CrashPlan, increase accessibility across interoffice file storage and allow users from all locations to easily gain access to documents.
Less commitment with subscriptions
Investing in software that costs an upward of $1,000 can be risky, especially for new users, temporary users and hobbyist. Having subscriptions allows all types of users to access top-of-the-line software without the pricey investment.
Below is a list of the top five application categories that are migrating to the cloud. Additionally, check out this infographic for predictions on how cloud-based software is shaping the future of technology.
- Conferencing and collaboration
- Office/ productivity suites
- Business process applications