Business transformed with advent of cloud computing
Tuesday, October 04, 2011 5:14:21 PM
Businesses around the world have been experiencing much success upon adopting cloud computing services, as the technology has proved to reduce costs, improve efficiency and streamline operations for many. A new report from KPMG International, an accounting firm, revealed that the cloud might be transforming the way in which business is done at a rapid pace, the Wall Street Journal reports.
According to the WSJ, the KPMG International report found 80 percent of businesses are planning to move at least a portion of their operations to cloud computing services, while 10 percent of the 900 global companies surveyed are already using the cloud in some capacity.
The survey noted a grocery store that found it had run out of goods much less often after integrating cloud computing services to their inventory operations. Other industries have experienced similar improvements as well.
"What's remarkable about the cloud is you can do this type of work on demand," Seattle Children's Hospital chief data officer Eugene Kolker told the news provider. "We've never had information ability like this before."
According to the International Data Corporation, the cloud computing industry is projected to grow from 600,000 units and $3.8 billion in 2010 to 1.3 million units and $6.4 billion by 2014.
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