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Over the past couple of years, there has been a lot of talk about cloud computing. What started off as a fleeting technology has now become a multi-billion dollar industry, with titans like Microsoft Azure and Amazon Web Services providing services to approximately 3.6 billion users worldwide. Believe it or not, around 45% of the worlds population has accessed some form of cloud computing over the past year.

Needless to say, this trend has major implications for businesses, workforces, and societies around the world. Whether end-users realize it or not, almost everything in their digital world is now connected to the cloud in one way or another. More importantly, cloud computing is set to become even more pervasive as technology giants and scrappy startups continue to invent new ways to organize, process, and present information remotely.

To highlight the exciting future of cloud computing, lets dive into the impacts that this revolution in information technology will have on businesses, workforces, and societies alike.

Impact on Businesses

Whether or not you realize it, if youre in business today then youre also in the business of cloud computing. Cloud data centers are projected to process 94% of business workloads by 2021. This rapid transition is affecting all areas of business, from frontline employees to C-suite executives and everyone in between. Key impacts that cloud computing will have on businesses in the near future include:

Clearly, the future of cloud computing is set to offer impressive benefits to businesses around the world. Along these same lines, cloud-based software is sure to positively impact individual employees and entire workforces as well.

Impact on Workforce

The backbone of every business is its workforce. While economists have been predicting the impacts of automation for years, its safe to say that employees will still play a critical role in future business success. To this end, its worth highlighting a few of the notable benefits that cloud computing provides workforces:

At the end of the day, employee attitudes and productivity can make or break the future of a company. While cloud computing wasnt developed to improve employee sentiments, it provides several upsides that naturally benefit the workforce.

Impact on Societies

The rapid growth of cloud computing is a natural extension of modern innovations. Technology experts anticipate that in the future, cloud computing will pair with 5G connectivity, the internet of things (IoT), and big data to completely redefine how people go about their daily lives. At the risk of sounding like a science-fiction novel, here are some of the exciting impacts that these technology pairs will have on societies around the world:

These trends highlight the disruption created by cloud computing and related technologies. While the future is uncertain, rest assured that the continued rise of cloud computing will provide many benefits to businesses, workforces, and societies alike. The benefits highlighted above are only a few of the exciting developments that will come to pass. One thing is for certain: theres no better time than today to adopt cloud computing in your business, workforce, or personal life.

Dr. Gaddam is a seasoned entrepreneur, angel investor, and author. Dr. Gaddam s greatest accomplishment lies in raising ERP Analysts, Inc. from a two-person organization to eighty-five-million-dollar firm. ERP Analysts, Inc. has been recognized as one of the fastest-growing companies by Inc. 5000 for ten years, Deloitte Fast 500, & Business First Fast 50 for several years. ERP Analysts is recognized as a Best Places to Work in Ohio for several years (www.erpagroup.com). Dr. Gaddam graduated the Doctor of Management (DM) from Case Western Reserve University, MBA from the Ohio State University, and the Owner President Management program (OPM 43) from Harvard Business School. He is the author of the book Destination Success: Discovering the Entrepreneurial Journey and also co-author of Roadmap to Success, with Deepak Chopra, Ken Blanchard, and other entrepreneurial leaders.

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The Future of Cloud Computing: Impact on Businesses, Workforces, and Societies - The Ritz Herald