The All-New AIM: Intelligent Forecasting + Inventory Planning

What’s Trending in Cloud Computing

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Cloud computing is more prominent than ever. It continues to evolve everyday and it shows no sign of slowing down. It is shaping the way businesses operate. Cloud computing provides the delivery of computing services over the internet. It takes on many forms and can be used for servers, as storage, with databases, as a networking tool and so much more. It enables easy access to a network of shared computing resources.

As a result of the digital customer’s expectation, we are constantly seeing dynamic technology innovation. It is no doubt that digitisation is fuelling the demand for the cloud. The cloud market continues to grow and it is growing faster than anyone predicted. To put some perspective on this, by 2020, the public cloud market will be 24% larger than any analyst predicted back in 2014. In 2020, it should account for nearly 50% of all information technology spending. The cloud is becoming a very viable option to run core business functions.

Hyperconvergence?

Hyperconvergence is a buzz word for 2017 cloud trends. There is excitement around this, but full-fledged solutions are still in the distance. Hyperconvergered systemes are beneficial platforms to create cloud based infrastructure. They are helpful because they give businesses a base model to build on but are often missing components that the business needs. A good way to think of hyperconvergence is that it provides the initial 20% of necessary integration, while the business is responsible for integrating the last 80% of the system.

Benefitting From Cloud Architecture

Cloud architecture allows for systems to be sculpted in order to migrate existing systems and information into the cloud. With public cloud systems, there is not as much freedom to create uniquely designs and specific elements to applications or services. Rather, a kit-set approach provides a set of standardised platforms that need to be implemented, but they are generally not changeable.

A simple way of explaining the benefits of cloud architecture is through furniture. For instance, you could build a set of wooden drawers, with personal engravings, to the exact height and size of the space you have available to suit your needs best, with some drawers bigger than others. Otherwise, you could buy kit-set furniture from IKEA. The drawers will have the same functionality of the homemade drawers, but without the unique touches and customisation. Cloud architecture provides this customisation. In a business example, cloud architecture could be used in the application of online cloud inventory management. With evolving architecture skills, an organisation can construct a model that allows them to create a cloud based platform that hones in on their specific needs and caters to the demands of their exact product, type of applicable inventory and company model as a whole.

Moreover, managing and working with multiple cloud providers will become easier. You can expect to see an amalgamation of services, management tools, and monitoring applications come together for all cloud services contracted by a business. Sticking with the example of online inventory management, this can improve communication and support during any major problems with third parties, stakeholders and those involved in supplying and managing the inventory of a business. Additionally, it can offer asset management of certain devices and infrastructure which will provide extra benefits to control stock and with general online inventory management.

It’s an exciting time to be part of cloud computing and there’s only more to come in the future.

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Melanie - Unleashed Software
Melanie

Article by Melanie Chan in collaboration with our team of Unleashed Software inventory and business specialists. Melanie has been writing about inventory management for the past three years. When not writing about inventory management, you can find her eating her way through Auckland.

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