Top 20 Cloud Technology Companies - 2019
Among the technologies that have altered the face of businesses forever, cloud computing requires a special mention. Reports from Gartner suggest that 80 percent of firms will stop using their traditional data centers by 2025, and the cloud will continue making headways in the enterprise space. The use of this technology has been widely accepted, owing to its ability to host large quantities of data without compromising on information security.
The vast quantities of data from different organizations stored on the cloud have been effectively managed and regulated using Artificial Intelligence. AI is being used to process big data to glean business intelligence and insights on the functioning of an organization. Similarly, the systemic approach of edge computing executes data processing at the edge of networks to streamline cloud computing. Edge computing, which is a direct result of the increasing use of IoT devices, is crucial in the running of real-time services as it can streamline the traffic flow from IoT devices and offer data analytics and analyze the information gathered immediately. With the use of such technologies in the cloud, the cost of maintaining organizational data and their records reduces drastically.
Customer data on the cloud has been further optimized by using automation, which has the added advantage of improving organizational productivity. Tedious tasks have been surrendered to machines for effective execution, which reduces the chances of human error while ensuring their spontaneous completion. This allows the organizational staff to focus on other pressing concerns.
Even as cloud security has been taken for granted in the past, organizations storing sensitive data remain on tenterhooks regarding the safety of the information. While data breaches, faulty authentication methods, compromised credentials, and hacked interfaces and APIs regularly come to light, trusting a third party with proprietary rights and sensitive information becomes difficult. However, cloud solution providers have negated such fears with their efficient security measures. Cloud security has been beefed up with diligent password monitoring systems, coupled with multi-factor authentication and frequently regulated access rights to ensure that only the right people can utilize vital data. Vulnerability management is on the rise, as the cloud infrastructure serves as the first line of defense. Alongside access management, cloud solution providers are also gearing up to manage threats in time, while handling compliance requirements.
According to the Spiceworks 2019 State of IT Report, 15 percent of the cloud budget is allocated to backup and disaster recovery solutions—the percentage hints at the shared responsibility model faced by public cloud providers. At the same time, it ensures that organizations using the cloud platform to host their data are assured of the security of their sensitive information, even in case of emergencies.
As the number of cloud solution providers braving the competition to provide better solutions to business organizations has filled to the brim, choosing an appropriate provider becomes a cumbersome, yet magnanimous task for CIOs, CTOs, and CEOs. The editorial team at CIO Review, with the support and guidance from the cloud technology veterans and industry analysts, has selected a list of cloud solution providers that streamline business processes and define the path to success.
We present to you CIO Review’s “20 Most Promising Cloud Solution Providers 2019.”