We are at the cusp of cloud computing tsunami. That was evident this week when the top four cloud companies posted astronomical earnings for the last quarter. The sharp veer towards the cloud in corporate computing is becoming a very profitable one for the cloud heavies.
Research firm Canalys estimates the cloud computing market at $14.4 billion for the third quarter of 2017, up 43 percent from the same period in 2016. The “cloud market will keep growing faster than most of the traditional information technology segment, as the market is still in the developing stage,” said Daniel Liu, research analyst with Canalys.
Microsoft’s Azure has a whopping year-over-year growth of 90 percent, with an estimated $2 billion generated. Amazon Web Services’ saw its revenue increase by 42 percent over 12 months having raked in nearly $4.6 billion from this time last year. Meanwhile, Google Chief Executive Officer Sundar Pichai said Google Cloud Platform is a top priority for the company, and no wonder, Canalys estimates the company generated $870 million profits from its cloud platform in the last quarter.
In an age of mounting data requirements, there is no sign the cloud will lose its appeal. Estimates suggest, within three to four years, most of the approximately $1 trillion spent in the US each year on IT will be spent on cloud computing.
However, public cloud services are large targets for breaches and attacks, especially the well- known and frequently used services. Users’ security can be automatically affected by anything that happens to their cloud provider. Anyone using a public or shared cloud can experience a data breach and information loss through no fault of their own. This potential nightmare overshadows the convenience of cloud computing for enterprises, especially those with compliance or regulatory requirements.
But there is a silver lining. Small independent company NOS Microsystems has profoundly understood the benefits and risks of cloud computing for many years. Its Director Oliver Wessling saw the tsunami coming back in 1999. “I realized then that companies would be storing all their data online,” he commented. “This knowledge has informed what we do ever since. We began providing distribution and download management programs for Windows in 2001 and gained very precise knowledge and experience in the field. We moved on to secure mobile messaging apps in 2006. It’s out of this that we have created our new end-to-end encrypted cloud transfer and messenger application, get2Clouds®.”
get2Clouds offers unparalleled security in the cloud. “I have seen how the technology and trends have changed, and understood what features businesses and private users really need,” added Mr. Wessling. “get2Clouds is a secure bubble where every action is encrypted. It offers unique features that make it the safest and most practical solution to cloud computing. Users can enjoy all the benefits, with none of the risks.”