The Big Switch

·     The cloud is very similar to the idea of a power supplier in the 1800’s. Business’ do not need to store and manage their data but can now pay google to do so on their cloud.

·      We are on the brink of a shift in the way people and businesses store data.

·       It makes more sense for companies to buy into a giant storage facility like google cloud rather than invest lots of their own money into building their own data warehouse.

·        Cloud computing challenges the assumption that businesses need to store and manage their own data and data warehouses.

·         By storing data in a cloud you can allocate more of your capital to things like innovation and R and D.

·        Clouds allow for companies to be more centralized and efficient in their data storage.

·        People’s attitudes towards cloud computing is changing for the better and evolving with the technology.

·      Cloud computing and virtualization allow companies to free up things that used to be hard assets into cheaper virtual assets.

·       The biggest sign that cloud computing is going to be big is on the consumer side. We have already began to adapt where consumers no longer have to go out and buy software in physical form and put in the disc and download the programs anymore.

·       Businesses are following the trend rather than setting the trend in cloud computing and now are starting to make the shift that consumers have already made.