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The Past, Present and Future of Cloud Computing
Did you know the concept of sharing computing resources
has been around since the era of mainframe computing which began in the 1950s,
and the term “cloud computing”, which is comparatively a modern term, was coined
only in the last 10 years?
Back users were concurrently able to access and share a central system through
various computers. It was realized by enterprises that since purchasing and
maintaining computing capacity was so expensive, it made sense to share the
resources for economical reasons. This is when the idea of sharing computing
resources aka Cloud Computing came into picture. The concept of virtualization
leads the way in the 1970s where several virtual computers ran on a single
hardware, but this idea did not catch up early.
The very first milestone in Cloud Computing history took place in 1999 after the
arrival of salesforce.com, which lead the way of delivering business
applications through a website. This initiative by salesforce paved a way for
specialist as well as mainstream software corporations to deliver apps on the
internet. Soon after salesforce, Amazon came into the picture and started
working with cloud computing technology starting with AWS and launching their
Elastic Compute Cloud (EC2).
Later on Google and Apple too adopted cloud technology which marked another
major milestone and since then the cloud has been growing and evolving at a
rapid rate. Then around 2005, businesses realized that it made more economic
sense to buy shared computing resources from the cloud since it required lesser
man hours and efforts and in turn had more capabilities and was inexpensive.
Cloud computing as a technology has existed for quite a long time now and the
way enterprises have used it has been rapidly changing. It began as a simple
hosting service and has evolved to IaaS, PaaS and SaaS. Looking at the present
day scenario, large scale cloud computing is now accessible to everyone. It’s
not just limited to big players in the market and now is open to anybody,
anywhere. Cloud has now grown into a well-known approach for the management &
deployment of applications for growing number of businesses.
Looking into the future, according to computer giant IBM, 2.5 billion gigabytes
of data was generated every day in 2012. This data was generated by various
industry verticals and consumers. For example, approximately 120 hours of videos
are uploaded to YouTube every minute and about 200 million e-mails are exchanged
every minute. A report, called ‘State of the Cloud Computing by Byron Deeter’,
showed that the cloud computing market is growing at a 22.8% and the compound
annual growth rate will reach $127.5 bn in 2018.
We live in a world where we are surrounded by a lot of gadgets and also, the
number of IoT devices are growing as well. We now not only access information
but we consume it to make decisions in real-time. This enormous size of data
generated will also need to be collected together and processed in the Cloud.
So, very soon cloud computing technology will allow us to work faster with more
efficiency than it is today. In addition, together with their spread, our life
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