With the vigilant increase in the internet’s dominance in our surroundings, technology has evolved to become an indispensable part of human existence. It has notably made it much more convenient for businesses to start and sustain themselves in a market. Cloud computing is yet another such innovation that seeks to make our lives easier. 

When explained in simple words, cloud computing comprises two simple words, ‘Cloud’, which can store immense quantities of data, or data centres on the internet and, ‘computing’, which means that the data that is stored is computed so that it can be easily accessed at your own accord. 

Cloud computing first came into existence in 1996. Since then cloud has grown without boundaries. 

Cloud computing covers a myriad of tool and resources which range from software, data storage, applications, databases, networking, etc. These are stored on a remote database that can be accessed as and when required. It has significantly reduced the complexity and harassment involved in maintaining IT infrastructure by companies. 

Cloud computing has proved to be exceptionally cost-effective, as it reduces the expenses and time incurred to hardware storage devices and their operating costs. Thus, a lot of time and money is saved. A business is only deemed to pay for the services availed. It saves time, as various operations can be executed at the click of a button. It offers elasticity in terms of geological boundaries. Provisions are created for recovery, there are backups in case the data is lost, misplaced or destroyed. Cloud computing proves to be a reliable way of storing huge amounts of data. Data stored on a cloud can be secured according to the requirements and the guidelines laid down by the company. Most cloud service providers help protect your technological infrastructure from possible threats. 

There are three types of cloud services that a business may opt for: public cloud, private cloud and hybrid cloud. The names are pretty self-explanatory, public clouds are managed by those who create them. Private clouds are created for those who have inordinate sizes of data. The hybrid cloud is a union of the public and private cloud, which makes it relatively convenient to move data. It is a highly flexible cloud. 

Today more and more businesses are turning towards cloud computing for the storage of their data. Cloud has remarkably taken over hardware devices used for storage. Cloud services are forecasted to treble in the next five years with the technological advancement of the people and their growing needs.