Everyone in the manufacturing world faces the fear of going bust if they do not adopt digital transformation. That is a given and yet we can all agree that digital transformation doesn’t happen overnight.
Currently, enterprises encounter several challenges on their digital transformation journey. One among them is to learn to create and use data through a product life cycle that creates flexible manufacturing processes. Such processes can respond instantly to changes in demand at a low cost to the firm without damage to the environment.
Are you a manufacturer with global aspirations? Do you need to accelerate lead times and product customization? If so, then you may encounter these common business challenges:
- Need for critical infrastructure in remote locations.
- Need for tailored and full-custom design with high quality and ruggedness that fit your specific requirements.
- Need for a simplified supply chain that enables you to get to market quicker and realize faster time to revenue.
- Need to maximize efficiency in the supply chain and ultimately reduce lead time.
- Need to ensure product longevity by providing the same time-zone technical support. And to provide personal support services with the ability to decrease lead times.
Technologies such as 5G, edge computing, and cloud have been pushed further into the limelight especially over the past year, in the wake of the pandemic. As enterprises react to the changing world, these technologies are now emerging at the forefront as a necessary component of network infrastructure.
How Do 5G, Cloud, And Edge Computing Unlock Enterprise Opportunities?
5G, cloud, and edge computing have become major areas of interest and investment at the enterprise level. They provide real-time insights, analytics, and business benefits that can be used once mission-critical latency issues are resolved.
5G, Edge Compute, and Cloud technologies are an emerging set of solutions. When orchestrated together these can enable a spectrum of benefits that are contingent on industry, maturity, and technology. These are complementary technologies that work together for most use cases.
What unlocks the enterprise opportunities is to marry new and existing technologies to create machinery that is as proactive and predictive as the best workers. Edge computing, cloud, and 5G connectivity can be combined to supercharge real-time decision-making and improve quality assurance throughout the supply line.
How would you like it if you can predict the future? Or if you could see the possible problems and correct them before they happen? 5G, edge computing, and cloud promise to give you that ability! These technologies are in a symbiotic relationship.
Cloud contains unlimited resources. Powered by 5G, AI models can continuously update and adapt to situations within the enterprise. This virtuous feedback loop delivers real-time results. Plus, it delivers ongoing improvements over time, as the entire system across the enterprise learns and improves from prior experiences.
This can greatly improve the productivity of your employees. Also, it can save costs tremendously as it can reduce downtime. Here are some specific ways in which 5G, edge computing, and the cloud can benefit the industry.
Cloud For Responsive Resilience
In the past when enterprises needed to deploy applications using their equipment, they had to ensure that their server, memory, and processing power were equipped to run the application efficiently. Any misjudgment could have a cascading effect throughout the enterprise. However, the cloud provides infinite opportunities.
What enterprise opportunities does this provide? It provides what all enterprises need more than ever: increased speed, resilience, and flexibility.
Bringing cloud intelligence to their IT networks can be very beneficial in performing preventive maintenance, making decisions in real-time, and keeping data more secure. It allows for automated decision-making while saving bandwidth costs.
By leveraging cloud capabilities, enterprises can reduce overall costs. They can benefit from automated one-click deployment and realize higher value from data. This contributes to resilience. Resilience is more important to enterprises that are struggling during major disruptions like the pandemic.
5G Can Help Process Information Across The Enterprise
5G technology enables enterprise connectivity, remains powerful, and is constantly updated. 5G enables all the machines and modules to function at the same speed, reliability, and security as we expect from our phones. In other words, it prevents loss of time due to hanging or buffering associated with the mobile networks.
5G will deliver multiple benefits to those who adopt it:
- Provides ultra-reliability and security. It is far more efficient than any wireless mechanism.
- Since 5G eliminates the need for wired connectivity, it enables a high-speed environment with higher flexibility and lower latency.
- Provides the ability to handle mass customization and personalization.
- 5G augments IoT capacity to support device density and data volume
- Improves productivity as it reduces failure rates.
Edge Computing Can Help Deploy Technology With Unhindered Network Performance
Edge computing can reduce pressure on data centers and service provider networks. Plus, it preserves bandwidth and brings real-time processing close to users and their devices. Here are specific ways in which edge computing can prove advantageous:
- Maintain competitive edge: Edge computing can provide the ability to use data from various machines, processes, and systems to adapt the manufacturing processes in real-time. It can support precision monitoring of the production line. This enables swift operational responsiveness to unforeseen events. Additionally, it can gather data from connected systems and devices in real-time. Hence, manufactures can now analyze data at the point of creation leading to faster and more informed decision-making within the enterprise.
- Helps seize the opportunities that data and performance-intensive technologies present: Edge computing can empower employees and streamline workflows. It can enable smarter supply chains and improve employee safety and productivity.
- Documents at fingertips: Edge computing can provide workers easy access to documents, new workflow instructions, real-time videos and images, and new product updates. This can increase greater efficiency despite social distancing protocols in the current scenario.
Gain a Competitive Edge with Next-Gen Technologies
With IoT deployment on the rise, enterprises are increasingly adopting 5G, cloud, and edge computing. These technologies provide a competitive advantage by reducing unexpected downtime issues. Hence, the enterprises enjoy improved overall efficiency.
The convergence of these technologies can increase agility and resilience. These technologies can be leveraged to establish enhanced productivity, customer satisfaction, and increased ROI. Hence, 5G, cloud, and edge computing technologies must form an important part of any post-pandemic strategies. You must be eager to get started on gaining that competitive edge. Let’s get talking and make that happen!
Digital transformation was already happening across every industry, but the pandemic has accelerated the pace. Unfortunately, while many organizations have embraced the reality of rapid change, some of the companies have been slow to adopt new technologies.
Looking specifically at cloud solutions, companies that migrate some or all of their digital assets to the cloud can achieve transformational results. It is helping companies to innovate faster, modernize outdated infrastructure, get better insights from their data, scale globally, and restructure the existing business models to create better customer experiences.
Cloud migration allows easy access to data and applications from anywhere, making business functions smoother and simple to operate. This blog will help you understand why you need cloud migration now and the drivers that boost legacy cloud migration.
Why should you consider migration to the cloud?
Cloud migration can improve the performance and competitiveness of your organization. Often, system performance is poor, and maintenance costs are high. Any incompatibility with new technologies can cause problems when altering these systems as they cannot keep up to date at the same speed at which your business needs to innovate and scale. Additionally, lack of vendor support and regular updates for old systems can compromise the data security, making application migration to the cloud imperative.
Common challenges associated with cloud migration
Cloud migration can be complex and risky, and many organizations face challenges during the transition.
1. Poor strategy and planning
Many organizations migrate to the cloud without proper planning or a good strategy. For a successful cloud implementation, organizations must plan well. As every application and dataset has different requirements, they will need a different approach to cloud migration. So, enterprises must have a valid business case for every workload it migrates to the cloud.
2. Vendor lock-in
This is a common problem faced by organizations that adopt cloud technology. While cloud providers offer many services, these services sometimes cannot be extended to other cloud platforms. Many organizations that start using cloud services often find it difficult to switch providers if the existing provider does not suit their requirements.
3. Data security and compliance
Data security and compliance are major obstacles to cloud migration. Cloud services often use a shared responsibility model in which they take the responsibility of securing the infrastructure while the organization takes responsibility for security data and workloads. It means you are responsible for configuring the security measures correctly and ensuring that all services and applications have proper security controls.
4. Cost Management
Many companies don’t have clear KPIs to understand what they plan to spend or save after migration, making it difficult to know if the migration was successful from the cost point of view. Additionally, as the cloud environment is dynamic, the costs can change as new services are adopted, and application usage grows.
What are the drivers that encourage cloud migration?
1. Hassle-free digital transformation
With recent advances in cloud computing, leaders can digitize their core functionalities such as SAP, CRM, data analytics, and more. From innovating to improving productivity to unlocking new sources of revenue, the cloud provides endless opportunities to enterprises that migrate away from legacy systems.
2. Accelerate growth
Whether it is organic expansion, mergers, or acquisitions, technology is accelerating organizational growth. Organizations leveraging the cloud can integrate new acquisitions seamlessly with the existing platforms and also scale rapidly using auto-scaling functionality and flexible data management services.
3. Better Security
Data security is turning significant. By migrating to the cloud, enterprises can update their IT infrastructure according to the latest practices and protect their applications from malicious hacking attempts.
While many leaders mistakenly think that the cloud itself makes an organization secure, in reality, it empowers groups to implement governance, strict security policies, and compliance guardrails needed for their operations.
4. Improve business agility
To stay ahead of your competitors, you must be agile. It means you need to have access to flexible and on-demand IT resources. With the cloud, over 99% of resources are available on-demand. Also, enterprises don’t have to wait endlessly for any hardware component and installation. They can lease valuable capabilities from their cloud providers and get to the market faster.
5. Reduce costs
Yet another reason for businesses to migrate to the cloud is to reduce IT costs. You can easily find the right-size resources in the cloud according to your business needs and cut unnecessary costs. Also, companies can adjust capacity needs whenever the need arises and eliminate unnecessary hardware.
6. Merge data centers
With cloud computing, companies do not have to manage their own on-premises data centers. Instead, they can outsource back-end responsibilities to their cloud providers and use their resources for higher-value activities. Additionally, companies can consolidate their operations and distribute cloud services whenever needed, improving efficiency.
7. Leverage modern technologies
Migrating to the cloud allows businesses to leverage new technologies. For example, companies can take advantage of AI and machine learning which are not feasible on-premises. They can also take advantage of complex cloud-native technologies such as Kubernetes containers and data lakes easily.
To avail of the migration benefits, you must successfully move your on-premises IT infrastructure to the cloud. As a cloud expert, we help understand the challenges and help you make a smooth transition without disrupting your current operations.
At Fingent, we offer a single control plane for the performance and security products to ensure seamless legacy cloud migration. In addition, we enable easy integration with public, private, or hybrid cloud. So connect with our experts today, and know, how we can help you take your business to new heights with seamless cloud migrations.
The cloud approach is gaining immense popularity amongst businesses due to its scalability, enhanced productivity, and cost-effectiveness. According to Cisco, in 2021, over 94% of workload and computing processes will be hosted on the cloud. While many firms are already implementing and thriving with the Cloud, a few still remain to deploy this technology. This blog is a simple guide to help you understand every aspect of the Cloud, and how your business can drive success with Cloud Application Development!
- Knowing the Cloud!
- What is a ‘Cloud-based Application’?
- Benefits of a Cloud App
- Types of Cloud Application
- Key Features to Consider When Developing a Cloud Application
- Some Examples Of Cloud Application
- Developing a Cloud Application
- A Look at the Tools to Build Cloud-based Apps
- Challenges of Cloud-based Application Development
- A Few Common FAQs
Knowing the Cloud!
In simple terms, the cloud refers to software or service that is accessed over the internet. The cloud uses data centers to store data, which enables easy access of files and applications from anywhere and from any device.
For businesses, leveraging cloud technology can immensely reduce IT costs and overhead, eliminating frequent updates and maintenance of servers. Cloud computing can also simplify international operations for companies by allowing seamless access and control of files and data from anywhere. Google Drive, Dropbox, Apple iCloud, and Microsoft OneDrive are some widely used cloud services today.
What is a ‘Cloud-based Application’?
In the last decade, cloud computing has experienced a tremendous investment. By the end of 2023, the global cloud market is estimated to reach over $ 623 billion.
Typically, a cloud-based app is an Internet-run program having its components stored online with some or all of its processes carried out in the cloud. These on-demand services allow you to access computer networks, storage, or resources using the internet.
Cloud-based solutions help businesses augment capacity, scalability, and functionality while at the same time reduce maintenance and cost for computer infrastructure or in-house teams.
Common solutions provided by cloud-based applications may include;
- File storage and sharing
- Order entry,
- Inventory management
- Word processing
- Customer relationship management (CRM)
- Data collection
- Financial accounting features
Benefits of a Cloud App
The cloud is creating a huge impact on businesses. According to Gartner, over 60% of companies will majorly rely on the cloud for their operations by 2022. Of course, this means that the cloud has some huge benefits to offer for businesses. Here are a few to highlight.
1. Improved data sharing and security
The data stored in the cloud is easily and instantly available to authorized users. Since the cloud offers easy availability of data, security and privacy are often a concern. That is why the advancements in cloud technology have majorly focused on providing enhanced data security. Many cloud providers now guarantee improved data security, making the cloud the best source for secure storage. Also in case of disaster recovery is inevitable, the cloud provides a streamlined solution to restore and back up data.
2. Improved collaboration
Cloud-based apps and software enable organizations to make collaboration an easy and effective process. These applications provide easy data sharing and editing options allowing employees to work effectively on projects remotely and in real-time. Role-based access control enables better monitoring of tasks, and improves team management, especially when operating remotely. Improved collaborations can help enterprises to reduce time-to-market and enhance customer service. InfinCE is a prime example of how enterprises can use a cloud-based app to improve team collaboration. The app provides centralized management, enhanced visibility, and easy communication that drives operational efficiency and productivity.
The cloud space can be scaled up or down depending on your business needs. Cloud service providers allow you to pay per usage of the cloud infrastructure allowing you to only pay for the services you need. Most cloud providers offer seamless concierge support and regular maintenance, which in turn immensely helps reduce the stress and cost of maintenance. Moreover, there is no need to invest separately on devices to store data, as the cloud ensures safe and secured data storage. Put simply, cloud-based apps help enterprises reduce the upfront cost of the IT infrastructure and hence are a cost-effective solution.
Types of Cloud Application
To proceed with cloud application development, you will have to decide what type of app you would want to create. One way to classify the categories is about the differences in the app architecture.
SaaS – Software as a Service
SaaS serves both cloud apps as well as individuals. These apps run on third-party hardware and not on the user’s device. Also, the software is hosted remotely. A big advantage of SaaS is that you don’t have to spend on additional hardware or buy licenses for every software update.
IaaS – Infrastructure as a Service
This type of product often requires middleware and app support from the clients. The customer may have to create a custom programming bridge between the application and its operating system. However, with IaaS, one can develop a customized product without building the basic components from scratch.
PaaS – Platform as a Service
This cloud-based app development requires the application code from the customer. PaaS providers allow their customers to use their hardware and basic development software. As this software is updated constantly, developers can use only its latest version. PaaS is flexible and lets the users scale the product as per their needs. Cost efficiency and flexibility are some of the major benefits of PaaS.
Key Features to Consider When Developing a Cloud Application
The Cloud is a powerful technology, which if leveraged the right way can do wonders for your company. That is why it is imperative to be clear and sure of what benefits you need exactly to derive out of the cloud application development. Here are a few things to consider when fixing the features of your cloud application.
One of the most eminent features of the cloud is that it provides ample space for flexibility and scalability. With the cloud, one can empower safe storage of data that can be expanded as per convenience.
Most users prefer the cloud because of its storage facilities. However, its security is always a concern. When investing in cloud application development, one must highly prioritize app and data security by ensuring a code-based architecture for improved security.
Although the cloud delivers unlimited benefits, cloud hosting comes with a cost. Thus, data size optimization and condensed user requests should be the top priorities while developing a cloud platform.
To ensure you attain maximum benefits from these and the many other features of the cloud, it is imperative that you partner with developers who are highly aware and experienced with the diverse cloud platforms so that you attain software that perfectly suits your business needs. Moreover, following an agile method of development would allow you to collaborate better with your developers, programmers, designers, data architects, and QA managers for improved development efficiency. At Fingent, we ensure client participation at every stage of app development.
Some Examples of Cloud Application
Most of the apps we use today, utilize the cloud in one way or another. Cloud application development has given birth to some amazing tools and services that make operating businesses a little less stressful. Here are a few to point out!
- InfinCE: Provides streamlined and simplified IT Infrastructure, centralized management, enhanced work collaboration, access to unlimited productivity tools, all under a single platform.
- Dropbox or Google Drive: This allows you to store your files on the cloud easily and help others access them from anywhere.
- Figma: This powerful cloud-based design app is gaining popularity due to its collaborative nature.
- Miro: This provides a virtual board that enables you to work with other users in creative and fun ways.
The possibility to collaborate with users from all over the world, even in real-time is one of the biggest advantages of cloud apps.
Developing a Cloud Application
Cloud application development involves different stages, each of which matters to enable your app to hit the market. Most cloud application development teams use DevOps practices and tools such as Kubernetes to ensure an effective and successful project.
At Fingent, we analyze your business needs and custom-build apps that solve your business complexities. We can help you seamlessly transit to the cloud and efficiently deploy its benefits to achieve greater business growth and value.
A Look at the Tools to Build Cloud-based Apps
A wrong tech approach can slow down your business development, so the technological stack is of utmost importance when developing cloud-based apps. You can choose a cloud service vendor from market leaders such as;
- Amazon Web Services(AWS) – In 2019, it obtained a 32% market share and became the leading provider. AWS includes over 140 flexible and integrative services. This allows you to build almost any custom app.
- Google Cloud Platform – As a PaaS, it offers you cloud computing, API services, advanced analytics, storage, NoSQL database service, and even virtual machines. It is flexible, affordable and a great platform for start-ups.
- Microsoft Azure- Its solutions are designed for enterprises looking for scaling or having many web products. Its services may include ML modules, mobile back-end, database services, and virtual machines.
Cloud-based app structure
- Another aspect to consider when cloud application development is the data architecture. A cloud app operates as a collection of interconnected services or APIs. So, to get maximum benefits of cloud services, you will have to connect them and at the same time understand the kind of components you have while ensuring that those services are integrated.
- Next, you must consider data organization. Remember, the app architecture must instruct the cloud services about how to decouple the data. This will help you store the app components either on a public or private cloud. As a result, your business will become flexible and enable you to make your web performance better.
- You must develop a communication logic between the data and services of your app. The app components should communicate instantly. If the logic is not well-designed, the customer experience could be poor due to slow loading speed. So, optimize the communication and apply either single-channel streaming or system message grouping.
- Scaling is something you must think of in advance. Create a margin of safety for your operational channels and consider future traffic extensions. Make sure to build an operational model to help back-end components and storage server customers especially in extreme situations.
- The last issue to think about is the security algorithm. Banking, retail, or healthcare have their dedicated standards so make sure your tools meet their expectations. Make sure to check the security algorithms for any vulnerabilities of your cloud-based solutions and the encryption is strong. Also, implement a cloud identity and access management (IAM) approach, to ensure your product is secure and cost-effective.
Challenges of Cloud-based Application Development
When you decide to opt for a cloud-based software solution you should figure whether your company can be a cloud provider (SaaS, IaaS, or PaaS) or build an app based on third-party cloud solutions.
If you decide to be the cloud provider, you will have to think of issues such as the data processing logic, hardware, and service security as you will have to host your service and provide the users with a cloud network. If you decide to develop your app on a third-party cloud, you will have to consider the integration and so you will have to choose your provider carefully.
Here are a few challenges that you may come across during cloud application development.
- Reliability: Your cloud software design includes critical operations that need to work if you want your customers to benefit from the solution. Avoid using a cloud framework that cannot maintain important processes. You can consider backup data and operations with a private cloud.
- Scalability: You must ensure to provide a scalable solution with the service you have chosen. If a product can’t be scaled or it falls over due to sudden traffic surges or you are unable to deliver services to a large audience regularly, you are bound to lose potential profits to your business.
- Performance: More data centers mean the better your app will perform. Global providers place their servers in such a way that users can experience the same page loading speed from any location. If the number of servers is less or the custom UI needs more than three seconds to load, the app customer experience is likely to be poor. More loading time means less conversion. The app loading speed is defined by a Content Distribution Network(CDN) which is a part of the cloud app infrastructure.
- Interoperability: The cloud environment should be able to run your app on different devices and integrate other cloud services into your infrastructure. However, as all cloud systems do not communicate with each other, you may not have a chance to mix components from different services.
- Security: Security especially client-side along with storage protection will remain challenging for developers. Security is the biggest challenge when it comes to adopting cloud computing. Cloud apps may include API integrations. These apps also must be easily accessible for users. To raise the security level of your cloud-based app, you will have to leverage strong data encryption, SSL, and reverse proxy.
A Few Common FAQs
1. What are cloud-based technologies?
These technologies are applications, services, or resources that are made available to users on-demand via the internet from cloud computing providers’ servers.
2. How do cloud applications work?
To process logic, a cloud-based app relies on remote servers. This is accessed through a web browser using the internet.
3. What are the different types of cloud computing?
There are three types of cloud computing; public cloud, private cloud, and hybrid cloud.
4. What are the different types of cloud services?
Cloud services are of four types – serverless, infrastructure as a service (IaaS), platform as a service (PaaS), and software as a service (SaaS).
5. What is the difference between a web application and a cloud application?
A web-based application requires some or all the software to be downloaded from the web every time it is run. On the other hand, a cloud-based application function within the cloud and is similar to a web-based application as well as a native desktop application.
From cost reduction and scaling opportunities to higher accessibility of the final product. Cloud application development offers a host of benefits to businesses. However, cloud application development has its own set of complexities if not carried out the right way. A custom software development partner plus a trusted cloud service provider like Fingent can help you seamlessly transit to the cloud with 24/7 concierge support and consultation. Get in touch with us today to discuss your project!
A Quick Guide on the Cloud Service Models – Saas, IaaS, Paas!
The world is changing, quickly and fast; and to adapt to these growing changes, businesses are experiencing unprecedented stress on maintaining a robust and cost-effective IT Infrastructure. But thanks to Cloud Computing and its various service models – Saas, IaaS, Paas, businesses now have the option to move beyond on-premise IT Infrastructure for improved processing and storage capacity.
The future of computing is in the cloud! Missing out on it can definitely slow down the progress and performance abilities of a company. But before we dig deeper on how to seamlessly deploy Cloud Computing, let’s shed some light on what is cloud computing and what are cloud service models?
What is Cloud Computing?
If simply put, Cloud Computing is a model that offers convenient, on-demand network access to a pool of shared resources. This may include data storage, databases, servers, networking, tools, or any other resources that can be accessed through the internet. Speaking of cloud server models, cloud computing is offered in various service models, each of which satisfies unique business requirements. These servers are mainly of three types: Software as a Service (SaaS), Infrastructure as a Service (IaaS), and Platform as a Service (PaaS), about which you will read in detail below.
Once signed up with cloud service models Saas, IaaS, and Paas, one can leverage wider possibilities to bring flexibility and efficiency to support greater business growth. Enterprise cloud platforms like InfinCE makes this transition to the cloud even more seamless, providing the right security, control, and flexibility to scale and adapt with time.
Over the years cloud services have witnessed exponential growth worldwide. The global cloud computing market size was valued at USD 274.79 billion in 2020. It is expected to grow at a compound annual growth rate (CAGR) of 19.1% from 2021 to 2028. With the COVID19 pandemic giving rise to remote work culture, and with many industries gaining opportunities from advanced technologies like AI and machine learning, cloud computing is turning key with its ability to empower businesses with the flexibility to innovate and transform with growing technologies.
Fig: U.S. Cloud Computing Market, Source – Grand View Research
What these reports signify is a steady adoption of cloud services by businesses across the world to tackle the entire range of operations they do. Application development in cloud computing provides an extensive, flexible, and affordable way to implement cloud service models. Meanwhile, numerous leading players in the information technology sector now compete to deliver flexible cloud services for both the public and enterprises.
Increasing competition means better delivery of services and innovations, which can deeply benefit scaling up your business. Hence, now is the right time to deploy a cloud model into your business infrastructure.
- Why does your business need Cloud Computing?
- What are Cloud Service Models?
- Adopting Cloud – Choosing between SaaS, IaaS, and PaaS
- What should you know about DaaS?
- Why is it important to choose the right Cloud Service Model?
- How can Cloud support your Custom Software needs?
- Cloud Service Models SaaS, IaaS, or PaaS: What fits your business?
Why Does Your Business Need Cloud Computing?
You must be wondering! Why do you need to adopt cloud service for your enterprise and what could it possibly do to widen the scope of your operations? Well, the pros of cloud adoption far outweigh its cons, which is one reason why you should consider it in the first place. Here are 3 major advantages of cloud adoption.
Scalable – A cloud service allows quick scaling up and down of computing resources to accommodate your changing needs.
Affordable – You pay less for a cloud service, as it eliminates unnecessary costs involved in hardware upgrades and maintenance.
Secure – By signing up for a cloud service, you are essentially making your data more secure using their industry-grade security protocols.
If you have envisioned a goal of making your business more dynamic, then the cloud is the way. And the question comes down to this: what type of cloud service model would you implement and which one will fit your unique business requirements?
What are Cloud Service Models?
Cloud computing services come mainly in three types of service models: SaaS (Software as a Service), IaaS (Infrastructure as a Service), and PaaS (Platform as a Service). Each of the cloud models has its own set of benefits that could serve the needs of various businesses.
Choosing between them requires an understanding of these cloud models, evaluating your requirements, and finding out how the chosen model can deliver your intended set of workflows.
The following is a brief description of the three types of cloud models and their benefits.
SaaS or Software as a Service is a model that gives quick access to cloud-based web applications. The vendor controls the entire computing stack, which you can access using a web browser. These applications run on the cloud and you can use them by a paid licensed subscription or for free with limited access.
SaaS does not require any installations or downloads in your existing computing infrastructure. This eliminates the need for installing applications on each of your computers with the maintenance and support taken over by the vendor. Some known examples of SaaS include Google G Suite, Microsoft Office 365, Dropbox, etc.
IaaS or Infrastructure as a Service is basically a virtual provision of computing resources over the cloud. An IaaS cloud provider can give you the entire range of computing infrastructures such as storage, servers, networking hardware alongside maintenance and support.
Businesses can opt for computing resources of their requirement without the need to install hardware on their premises. Amazon Web Services, Microsoft Azure, and Google Compute Engine are some of the leading IaaS cloud service providers.
Platform as a Service or PaaS is essentially a cloud base where you can develop, test, and organize the different applications for your business. Implementing PaaS simplifies the process of enterprise software development. The virtual runtime environment provided by PaaS gives a favorable space for developing and testing applications.
The entire resources offered in the form of servers, storage, and networking are manageable either by the company or a platform provider. Google App Engine and AWS Elastic Beanstalk are two typical examples of PaaS. PaaS is also subscription-based and gives you flexible pricing options depending on your business requirements.
Adopting Cloud – Choosing Between SaaS, IaaS, and PaaS
Going through the details of what SaaS, PaaS, and IaaS may have given you a general understanding of these three cloud models. Each of them differs and has a range of advantages and disadvantages that may or may not fit in with your business model.
By correlating each of these cloud models side by side, you could derive a conclusion on whether it suits your business requirements.
- Affordable – SaaS is affordable as it eliminates the costs involved in the purchase, installation, maintenance, and upgrades of computing hardware.
- Anywhere Accessibility – With SaaS, you can access the services from anywhere using any device such as smartphones, which eliminates the constraints set by on-premise software.
- Ready to Use – You can quickly set up SaaS services so that they become functional in no time. All it takes is that you sign up for the service to get access to fast and powerful computing resources.
Why Should One Opt SaaS?
With SaaS, communication, transferring of content, and scheduling meetings are made easy. SaaS is the ideal choice for small-scale businesses that do not have the necessary budget and resources to deploy on on-premise hardware. Besides, companies that require frequent collaboration on their projects will find SaaS platforms useful.
Studies reveal that Supply Chain Management, Business Intelligence, Enterprise Resource Planning (ERP), and Project and Portfolio Management will see the fastest growth in end-user spending on SaaS applications, through 2022.
Things to Consider Before SaaS Implementation
- Opt for configuration over customization within a SaaS-based delivery model. The configuration will allow you to tailor without changing the core product, whereas, customization will make it challenging to scale with the constant updates and documentation.
- Understand the adoption and usage rates carefully, and set clear objectives to be achieved with the SaaS adoption.
- Compliment your SaaS solution with integrations, and security options to make it more user-initiated.
- Minimize Costs – Deploying an IaaS cloud model eliminates the need to deploy on-premise hardware that reduces the costs.
- Enhanced Scalability – As the most flexible cloud computing model, IaaS allows you to scale the computing resources up or down based on demand.
- Simple Deployment – IaaS lets you easily deploy the servers, processing, storage, and networking to make it up and running in no time.
Why Should One Opt IaaS?
IaaS being the most flexible of cloud models gives the best option when it comes to IT hardware infrastructure. IaaS is the right option if you need control over the hardware infrastructure such as managing and customizing according to your requirements.
Whether you are running a startup or a large enterprise, IaaS gives access to computing resources without the need to invest in them separately. However, the only downside with IaaS is that it is much costlier than SaaS or PaaS cloud models.
According to Gartner’s latest report, the worldwide infrastructure-as-a-service (IaaS) market grew 31.3% in 2018 to total $32.4 billion, and in 2019 it’s projected to be worth $38.9 billion. This growth will continue well into 2022, where it’s expected to be worth $76.6 billion.
Things to Consider Before IaaS Implementation
- Clearly define your access needs and the bandwidth of your network to facilitate smooth implementation and function.
- Plan out thorough data storage and security strategy to streamline the process.
- Ensure a disaster recovery plan so that your data remains safe and accessible at all means.
- Minimal Development Time – PaaS reduces the development time since the vendor provides all computing resources like server-side components, which simplifies the process and improves the focus of the development team.
- Multiple Programming Language Support – PaaS offers support for multiple programming languages, which a software development company can utilize to build applications for different projects.
- Enhanced Collaboration – With PaaS, your business can benefit from having enhanced collaboration, which will help integrate your team dispersed across various locations.
Why Should One Opt PaaS?
PaaS is the preferred option if your project involves multiple developers and vendors. With PaaS, it is easy to create customized applications as it leases all the essential computing and networking resources. Being a different model, PaaS simplifies the app development process that minimizes your organizational costs.
Besides, it is flexible and delivers the necessary speed in the process, which will rapidly improve your development times. A typical disadvantage with PaaS is that since it is built on virtualized technology, you will have less control over the data processing. In addition, it is also less flexible compared to the IaaS cloud model.
A study by Market Reports World estimates that the global PaaS market will grow at a CAGR of 24.17% during 2019-2023 and will get valued at 28.4 billion USD by the end of 2023.
Things to Consider Before PaaS Implementation
- Crucially analyzing your business needs, decide the automation levels, if it needs to be self-service or fully automated.
- Clearly determine whether to deploy on a private or public cloud.
- Plan through the customization, and efficiency levels.
What Should You Know About DaaS?
Desktop as a Service or DaaS is desktop virtualization provided through the cloud. DaaS is similar to the server deployment done in IaaS. However, it strictly specializes to offer desktop operating systems. As mentioned earlier in this blog, according to Gartner, DaaS is expected to have the most significant growth in the coming years, analyzing the 95.4% increase in Worldwide Public Cloud Service Revenue in 2020.
Providing device accessibility from anywhere and at any time, DaaS enables workforce mobility and enhances flexibility. Its offerings are mostly simple pay-as-a-go subscription models which makes it easy to scale up. With DaaS, an organization can rely on data security, disaster recovery, optimum performance, cost savings, and mobility. Enabling an easy to manage and simplified IT environment for desktop solutions, DaaS is now widely adopted amongst small businesses.
- Security – Along with easy accessibility and simplified management of desktops and applications, DaaS ensures enhanced security of data.
- Flexibility – As mentioned earlier, DaaS enables easy accessibility from anywhere allowing maximum flexibility. Seasonal or remote workers and contract employees can stay productive at all times with streamlined access to applications, remote desktops, and data on any cost-effective device.
- Cost savings – Providing easy monthly and yearly subscription plans, DaaS reduces the capital expense and makes operational expenses more predictable.
- Business continuity – Providing disaster recovery support, and easy access to apps and desktops to the workforce, DaaS helps running a business at all times, even during natural disasters and pandemics.
Why is it Important to Choose the Right Cloud Service Model?
The rise in remote work culture is increasing the need for streamlined collaboration and secured storage facilities. Cloud computing is one technology that has the potential to drive efficiency and opportunities for companies functioning remotely, that too without the need for significant capital investment. It goes without saying that the Cloud is rightly the superhero in town now! However, it is essential to choose the right cloud service model to truly gain the advantage and remain competitive in the market.
The ultimate requirement of enterprises today is to quickly adapt to the growing market changes and to meet the rising consumer demands. Achieving this is however not possible without leveraging the emerging technology, which is quite complex in itself. But implementing the right Cloud Service Model, that fits the business objectives, enterprise infrastructure needs, provides the right flexibility to scale, adapts easily to the company process, products, and service techniques will amplify and smoothen transformation for business, that stands imperative today!
How Can Cloud Support Your Custom Software Needs?
Although the Cloud is highly adopted for cost-effective IT operation needs, the cloud’s capabilities and offerings are now not limited to data storage for the ease of system restoration. Cloud has now the ability to run a company’s IT operations in bulk including setting up and running an environment for custom software development. The Cloud Service Models Infrastructure as a Service (IaaS), and Platform as a Service (PaaS), have just the capabilities to provide an ecosystem to custom software applications.
Find out which cloud service model fits better for your custom software development needs from the infographic below:
Cloud Service Models SaaS, IaaS, or PaaS: What Fits your Business?
The growing adoption of cloud services is a sign of the rapidly changing business environment. The forecasts and reports shed light on how the cloud is going to become the primary computing resource for enterprises in times to come. So, that suggests that your business should quickly adopt a cloud platform to leverage its wide-reaching benefits and in turn help you grow.
But, what cloud model would be apt as a solution that delivers the results that you are looking for. The above-mentioned details about SaaS, IaaS, and PaaS may have provided you with a peek into the nature of these cloud models. Each of them differs and it is up to you to address your business requirements and select one that you find apt for your needs.
To summarize, SaaS would suit your business well if you need cloud-based software like email, CRM, and productivity tools. IaaS is the perfect option if you require a complete virtual computing platform with powerful resources. If your requirement is a platform to develop and test your software and applications, then it is better to opt for PaaS.
Get in touch with our experts today to know more about our cloud services.
InfinCE to Sponsor a virtual conference organized by the Digital Workplace Experience!
It is no doubt that the spur in remote working culture, posed by the COVID19 pandemic has disrupted the smooth functioning of businesses worldwide. With an aim to help companies overcome such challenges and still unlock new opportunities within this realm, Digital Workplace Experience is organizing a series of virtual conferences for enterprises worldwide, from the 11th of February, 2021. InfinCE, the flagship product of Fingent, is the keynote sponsor of the conference!
The event promises inspiring talks from innovative and well known Business Thought Leaders, giving away tips and secrets of predicting challenges before they occur. InfinCE will also exhibit its virtual booth to illuminate business leaders with technology that enhances collaboration, communication, data security, as well as eliminate the many challenges prevailing in today’s business world.
The conference aims to bring together thousands of enterprise executives to share their real-world company culture, employee experience, and digital workplace platform challenges. Business leaders from across the globe are welcome to attend the series of events which includes talks, in-depth workshops, insights into the world’s best digital workplaces, and candid case studies to enhance business leadership qualities and skillsets.
Digital Workplace Experience is gathering together the world’s most influential companies and intelligent workplace leaders to sponsor the events. InfinCE, which is an infinite cloud platform, aims at simplifying remote work with upbeat technologies. Sharing the similar objective of assisting businesses from around the globe with a unified business management platform that redefines how office-work tech is provisioned for today’s business, InfinCE is honored to be a part of this virtual conference as the keynote sponsor.
Watch more on how InfinCE equips business owners and employees with next-gen cloud technology!
InfinCE is an all-in-one collaboration platform that redefines the enterprise cloud by bringing together all the IT resources needed for an organization and its workforce to operate from anywhere. InfinCE offers customizable dashboards with smart tiles for data visualization, a full complement of collaboration apps and productivity tools, and a curated business app marketplace. It also lets business owners control their information assets through a single admin panel, with minimal effort. The platform also offers customizable websites, business emails, a company-branded mobile app, and more, delivering a competitive edge to business users.
Cloud security threats: How to protect your data and mitigate risks?
Be it Google G-Suite, Dropbox, Adobe, Salesforce, or Microsoft Office 365, almost every business uses cloud services for their critical business requirements. Despite its rapid growth, cloud computing brings the possibility of severe security threats that can drastically affect an organization. According to Cybersecurity Ventures, cybercrime damages might hit $6 trillion by 2021. 1 out of 4 will experience a data breach, and on average, businesses are investing about $7.2 million on security breaches. These figures prove how devastating security threats can be if they are left unchecked.
While cloud systems, applications, and networks are not located within your control physically, the security responsibility and risk mitigation are definitely within your control.
Some of the latest security threats to cloud data management include:
- Phishing attacks
- Ransomware attacks
- Insider threats
- Asynchronous procedure calls
- Distributed Denial of Service Attacks (DDoS)
- Uneven security gaps
Why is cloud security important?
While cloud service providers protect your data, they can’t protect your data when it leaves the cloud to interact with other systems.
Cloud security is essential to protect your data as well as the integrity of your business. According to a survey, 60% of breaches occur at patches that are available but not applied. You will need a team to continually monitor potential security threats to ensure that your cloud infrastructure is always up-to-date.
Regardless of your organization’s size, it would be best to implement strong network security services to protect your organizational and customer data.
Read more: Why It’s Time to Embrace Cloud and Mobility Trends To Recession-Proof Your Business?
Six ways to protect your data and monitor your cloud environment
1. Set-up multi-factor authentication (MFA)
Stolen credentials make it easy for hackers to access your business data and applications is to steal your credentials. The combination of complex usernames and passwords alone is not sufficient to secure your user accounts from hackers.
So, protect your cloud users with two-factor authentication or multi-factor authentication to ensure only authorized people can access your cloud apps and have access to sensitive information.
Deploying multi-factor authentication is an effective way to keep potential hackers from accessing your cloud applications. Most security experts believe that it is mandatory to implement MFA as it is also one of the cheapest security controls an organization can have.
2. Assign access controls
Not all your employees need to have access to every file, application, or data. By setting up proper authorization levels, each employee can only view or access applications or data required to complete their job.
Assigning access controls will ensure that your employees don’t edit any information accidentally that they are not authorized to access. Additionally, it will also protect you from hackers who have hacked an employee’s credentials.
3. Leverage automation to monitor, log and analyze user activities
Real-time monitoring and user activity analysis can help you identify any irregularities or abnormal moves that are not part of your regular usage patterns. For example, log in from an unknown IP or device.
Such irregularities could indicate a breach in your system, so it is essential to identify them early on to prevent hackers from hacking your system and help you resolve any security issues before they wreak havoc with your security system.
You can leverage data protection solutions to automate the process and support 24/7 monitoring and management.
Note: Every business has different needs for different levels of security services, so you may consider getting a third-party risk assessment before making significant investments. At Fingent, we identify and evaluate any loopholes in your current infrastructure and provide you with apt cloud infrastructure solutions using our unique approach.
4. Provide anti-phishing training to your employees
Small Business Trends reports that 1 in every 99 emails is a phishing attack, which amounts to 4.8 emails per employee in a five-day workweek.
Hackers can easily steal employees’ login credentials to gain access to secure information via phishing. In this kind of social engineering attack, the attacker sends fraudulent emails, texts, or websites to trick the victim into sharing access to sensitive information. Providing ongoing training to your employees to recognize a phishing attempt is the best way to prevent employees from falling prey to such scams.
5. Create a comprehensive off-boarding process for departing employees
Ensure that your departing employees no longer have access to your cloud storage, data, systems, customer data, and intellectual properties.
As every employee is likely to have access to different cloud applications and platforms, you need to set up a process that will ensure all the access rights for departing employees are revoked. If you can’t manage this internally, you may consider outsourcing this task to a credible vendor.
Learn more: Take a look at how InfinCE, an infinite cloud platform, ensures secured work-collaboration within an organization, and helps enhance company efficiency & growth!
6. Cloud-to-cloud backup solutions
There is no doubt that there are legitimate risks associated with any cloud application or platform. However, the odds of you losing data due to your cloud provider’s error is low compared to human error.
Say, an employee deletes your data accidentally, and a hacker obtains the account password and corrupts the information, or an employee clears her inbox and folders. In such cases, cloud providers can do nothing much past a specific period. Most cloud providers store deleted data only for a short time.
You can check with your cloud provider about the time frame and whether they charge any fees to restore the data. If your company must abide by strict regulations or be concerned about being liable for corrupted data, you can consider cloud-to-cloud back-up solutions.
There’s no denying that cloud computing is one of the most cost-effective options to maintain a high level of security for your sensitive data. At Fingent, our experts can help design a comprehensive cloud computing strategy that will help achieve your business objectives and provide you with ongoing management to keep your data protected. Contact us now and get started.
Identifying 7 Common Mistakes in Tech Projects
As a non-tech business, you are an expert on the product or service that you are selling. That is your core competency, not information technology. Still, some businesses feel they can do it themselves. That could cost you a lot more than you think. Technology by nature is like a moving target and pinning the best technology solution requires quite a bit of work. Treating tech projects as an afterthought is a mistake that non-tech businesses make far too often. Worse yet, those mistakes can stall the growth of your business. Avoiding tech mistakes, especially the high impact ones, will be the thing that ensures the success of your business.
What are the 7 deadly mistakes non-tech businesses make on tech projects and how you can avoid committing those mistakes? This article will help your company navigate the complex and confusing world of technology.
Mistake #1. Skimping on Security
Most small businesses might conclude that their business isn’t that big to become a target for hacks and data theft. Unfortunately, security has become the number one issue even for small businesses with increased online scams, software vulnerabilities, and networks using improper architecture. Can you imagine the impact on your business if your trade secrets, customer information, HR records, and confidential communication fell into the wrong hands!
One of the top security risks most businesses often ignore is the failure to encrypt their emails. Some discard email encryption either because it is costly and complicated, or because they feel that the threat is insignificant. You can prevent much pain and loss by encrypting your emails. Always assume that every email you send could be intercepted by unethical hackers.
Try this: Set up an email encryption system to protect all your emails and their attachments.
Mistake #2. Patching New Software On Old Hardware
Most often than not software publishers release new upgrades that require a significant hardware upgrade in order to run the newer version. Many businesses purchase the latest version of the software without considering its hardware requirements. The use of old computers and their hardware can be problematic since these devices generally lack the latest features, hang too often, and are slower at common tasks like launching the application, booting up, printing, and internet search. This can result in a failed upgrade and can bring your business to a screeching halt until new hardware can be put in place or until the old version is reinstalled.
Try this: Before you purchase an upgraded software, check the minimum system requirements needed for the software to run smoothly and ensure that your existing system meets those standards.
Mistake #3. Skipping The Planning Phase
Planning for IT may seem tedious and time-consuming especially when you have so many things to get done with the running of your main business. However, it is vital that every business, big or small, must plan out their IT initiatives at least once a year. Failing to map-out your technology path can impact your entire business. You must plan your budget for new software and hardware upgrades while considering the need for additional manpower and/or technical support. Planning ahead will ensure business continuity and will spare you from unanticipated problems and setbacks when something fails.
Try this: Decide on a particular month of the year for taking stock and planning your IT structure and requirements.
Mistake #4. Inadequately Trained Employees
Some of your employees may understand technology, perhaps because they had some experience with it formerly or just because they are tech geeks. This is by no means enough to put them on the job to handle tech requirements. One of the most common mistakes that many non-tech companies commit is to try to get the job done with employees who are not adequately trained to use the technology they have at work. There is no alternative to training, it is an absolute must for business growth! Forgoing on the training of employees may render well-intentioned purchases useless and result in a massive loss of ROI. By training your employees you can lessen the likelihood of mistakes and improve overall productivity.
Try this: Take the “train the trainer” approach with your software provider. It is cost-effective and helpful.
Mistake #5. Ignoring Reliable Backup And Disaster Recovery
Businesses today are reliant on their records and data, which are almost completely stored electronically. It is extremely dangerous to assume that your backup system is working properly. A sudden power outage or a server crash can delete all your data within seconds increasing your downtime and the expenses that accompany it. It is a good practice to back up a test directory, erase it, and then do a test restore to ensure that your backup device is working. Also, ensure that the proper data is backed up.
Try this: Have a right backup solution and disaster recovery procedure in place.
Read more: COVID-19- Ensuring Continuity and Building Resilience- How business leaders can respond, survive, and thrive in the new normal
Mistake #6. Not Leveraging Cloud Computing
Most businesses either embrace cloud inconsistently or treat it as an unnecessary expenditure for their tech projects. Cloud computing has emerged as the most efficient platform for businesses than on-premise counterparts. This is because it makes it possible for employees, customers, and other authorized users to access the data at any time from any place. In most cases, cloud-based applications offer greater functionality and are less expensive. Cloud computing is more secure than an in-house computer operation that may lack proper antivirus solutions, firewalls, or backup systems.
Try this: Prepare a cloud strategy and as soon as possible, consider moving some of your applications and data to the cloud.
Mistake #7. Ignoring Preventive Maintenance
The most common mistake made by businesses on tech projects is the “repair when it crashes” strategy for IT infrastructure. While it may not hurt too much on some issues, can you imagine your 10-year-old server crashing! Now that could cripple your business. If your mission-critical hardware crosses its shelf life as it were, it is time to consider replacing it well before it actually crashes. Just like your automobile, IT software and hardware require regular maintenance and adjustments. Both the software and servers need continued care to perform at optimal levels.
Try this: Avoid overextending the life cycle of servers. Start planning to replace it well in advance. Look for the manufacturer’s instructions on MTBF (mean time between failures) for your equipment.
Don’t Make a Costly Mistake
As a business, you are constantly juggling multiple roles and duties to ensure that everything runs smoothly. Too often, the panic call comes after a technology mistake has been done already. It is crucial to remember that a single mistake could lead to catastrophic loss of data that your business may never recover from. Don’t take chances with your business. Get our experts to help you make those tech decisions and implement them smoothly. Give us a call and let’s get talking.
How Can Your Business Benefit from Fog Computing?
How much data do we create every day? The World Economic Forum reports that the entire digital world is expected to reach 44 zettabytes by 2020. So, each day, we witness the colossal growth of data and this pace is only increasing with the growth of IoT. The agility and flexibility of big data applications are the foundation of the Internet of Things (IoT). The escalation of IoT has resulted in an increased volume of digitally generated data and managing that data has become a major challenge. This has led to the emergence of fog computing – an answer to the new challenges of computing technologies.
Read more: Gearing up for IoT in 2020
Defogging The Term Fog Computing
Let us start by defining it.
What is fog computing?
Fog computing is a decentralized computing infrastructure in which computing resources such as data, computers, storage, and applications are located between the data source and the cloud. This term refers to a new breed of applications and services related to data management and analysis.
According to Mung Chiang, Dean of the Purdue University, “fog provides the missing link for what data needs to be pushed to the cloud, and what can be analyzed locally, at the edge.” In simple terms, fog computing is a distributed network fabric that stretches from the outer edges of data creation to the point of storage.
Are fog computing and edge computing the same?
Edge computing is a subset or a component of fog computing. For example, if fog computing is compared to a basket of various fruits, edge computing would be one fruit from a single variety.
Edge computing refers to data being analyzed locally, at the point of creation. Fog computing encapsulates edge processing as well as the network connections required to bring that data from the edge (point of creation) to its endpoint.
Evidently, fog computing and edge computing are complementary.
Difference between fog computing and cloud computing
Just as the literal fog is a cloud closer to the ground, fog computing is stationed as a layer to reduce the latency in hybrid cloud scenarios. Cloud computing forms a comprehensive platform that helps businesses with the power to process important data and generate insights. Fog computing is like the express highway that supplies computing power to IoT devices which are not capable of doing it on their own.
How Does Fog Computing Work?
Fog computing uses the concept of ‘fog nodes.’ These fog nodes are located closer to the data source and have higher processing and storage capabilities. Fog nodes can process the data far quicker than sending the request to the cloud for centralized processing.
The cloud is getting cluttered due to the enormous number of devices connecting to the internet. Since cloud computing is not viable in some cases, it has become necessary to use fog computing for IoT devices. It can handle the enormous data generated by these devices.
When implemented, fog-empowered devices locally analyze time-critical data that includes alarm status, device status, fault warnings, and so on. This minimizes latency and prevents major damage. Fog computing can effectively reduce the amount of bandwidth required, which in turn speeds up the communication with the cloud and various sensors.
Fog computing example:
If a user with a hand-held device wants to review the latest CCTV footage from a locally positioned IoT security camera, he would need to request the stream from the cloud since the camera does not have storage. This could take a bit of time, which can be eliminated with fog computing, where a local fog node can be accessed for video streaming which is far quicker.
Step-by-step Fog Computing Process:
- Signals are wired from IoT devices to an automation controller which executes a control system program to automate those devices.
- A control system program wires data through a protocol gateway.
- Data is converted into a protocol such as HTTP so that it can be understood easily by internet-based services.
- A fog node collects the data for further analysis.
- It filters the data and saves it for later use.
Key Takeaways for Your Business
- Increased business agility: It is evident that fog computing is cost-effective because it makes the production of revenue-generating products and services more efficient. It accelerates rollout cycles, broadens revenue bases, and reduces costs.
This revenue stream creates value for IoT fostering highly functioning internal business services. Fog computing also provides a common framework for seamless collaboration and communication helping OT and IT teams to work together to bring cloud capabilities closer.
- Privacy control: Fog computing facilitates better control of privacy because you can process and analyze sensitive data locally instead of sending it to a centralized cloud for analysis. It also enables the IT team to track, monitor, and control any device that collects or stores data.
- Data security: Since fog computing allows you to connect multiple devices to a network, it helps identify threats such as potential hacks, or malware. Additionally, such identified threats can be curbed at the device level without risking the entire network.
The Future is Fog Computing
Fog computing has several advantages over cloud computing. Fog computing can boost usability and accessibility in various computing environments. Soon, cloud computing for IoT may fade away but fog computing will take over. IoT is seeing an impressive growth rate and so it needs a special infrastructure base that can handle all its requirements. Fog computing is the key to accomplish this critical work. So get in touch with us and let’s get this happening for your business.
How to prepare for IoT in 2020?
It’s 2020 already and the Internet of Things (IoT) is here to stay. We’re at the cusp of a new era wherein intelligent digital connectivity is a part of our day-to-day lives. Gartner predicts that there will be 25 billion connected devices by 2021. Thus, IoT has made its presence felt across various industries.
Upcoming IoT trends that can shape the business landscape
1. Industrial IoT and Digital Twin technology:
IoT has made manufacturing smart, efficient and less risky. Using digital twin technology, organizations can access the context, structure, and behavior of an asset. Thus, you have the information regarding the past and present state of an asset with an ability to look into the future. Organizations are therefore receiving warning alerts and predictions faster than ever before. Investing in a digital twin can be a part of your IIoT strategy so that after implementing sensors into your machines, you can document their operations and fine-tune them.
2. Computing would be balanced between the cloud and the edge:
While those new to IoT consider cloud as inevitable, high data transmission costs for remote business environments have moved computing to the edge. In many industrial sectors, shifting some analytics intelligence to the edge may prove cost-effective. With edge devices becoming more affordable and centralized infrastructure becoming more stressed, there would be a balance between cloud and edge.
3. Sustainability will become important:
Sustainability efforts have become a key business priority across the globe. The World Economic Forum reports that IoT projects can help to accomplish the UN’s 2030 Agenda for sustainable development. IoT can have a large impact on global sustainability as it connects people and things. IoT can be used to reduce e-waste, promote agricultural sustainability, save energy, protect species, reduce emissions and so on.
How to gear up for the IoT boom in 2020?
While IoT promises attractive growth potential, many companies lack the technical capabilities and know-how to make their IoT projects work. A recent survey found that almost 75% of IoT projects end up as failures. Following are some of the ways in which you can prepare for the IoT surge:
Related Reading: IoT Implementation: Common Mistakes And Strategies To Tackle Them
- Plan Ahead: The major challenges that cause IoT projects to fail are budget overruns, limited internal expertise, long completion times, lack of proper data. All of this boils down to planning. You need to organize your projects, asses your budget needs, calculate the time requirements and assess whether your team has the expertise to handle the project. If you lag on any of these points, it is better to postpone the project rather than not finishing it at all.
- Establish partnerships: Implementing IoT products can be very taxing due to the complex technology involved. The task can become almost unmanageable without a network of partners. You can establish partnerships for technological expertise or data and content delivery. Pioneers like Facebook, Amazon or Google have built entire ecosystems by establishing partnerships with hundreds of thousands of specialized developers.
- Integration: Successful IoT implementation requires robust connectivity, infrastructure, and seamless integration of your enterprise application/ systems with proper third-party wares. Challenges such as integration of the IoT platforms to enterprise applications and integration of edge/ cloud computing devices to the IoT platforms are most prevalent. By forming a strong IoT solution team with IoT architects and other subject matter experts, you can solve challenges across the IoT solution landscape.
- Ramp up the security: Cybersecurity is going to be one of the biggest risks in an increasingly connected world. Since everything that can be connected to the internet is exposed to a security risk, it is critical to secure every connected device. You need to be prepared with a game plan to tackle such types of data breaches. If you find that your business is ill-equipped to meet the security needs of your IoT network, don’t worry; you can always outsource.
Related Reading: The Pros and Cons of Outsourcing Mobile App Development
- Data storage: IoT is all about data. Cisco estimates that IoT devices would generate about 847 zettabytes of data per year by 2021. You can invest in your own local data storage system (which would be expensive) or you can find a cloud storage provider. Edge computing is another possible solution that is preferable over the aforementioned ones. In this system, the data is pushed to the ‘edge’ for quick access and to prevent data overload.
- Be ready to transform: Partnerships are important. But you’ll also have to set up your own software and big data capabilities which are far beyond the existing levels. The team should focus on transforming itself into a technology company that understands the capabilities of IoT. Be responsive and address all concerns that rise up during the course of the project.
- Innovate dynamically: A dynamic operating model requires cooperation. Innovative approaches like hackathons can be used to advance new ideas that meet the market demands of the digital world. Having the courage to take risks is an important part of dynamic product development. Even if ideas fail, it is important to keep trying and be consistent.
The Internet of Things (IoT) is set to bring about lasting changes across various industrial sectors. Business leaders who stay agile can rest assured that they won’t be left behind.
Need any tips on how to harness the power of IoT in your business? Contact us now!
A Look Into The Cloud Computing Trends for 2020
“Fewer, but larger, public cloud platform providers and a maturing SaaS ecosystem will dominate enterprise cloud spending” – The Public Cloud Market Outlook, 2019 To 2022 Forrester Report.
Organizations are recognizing the importance of cloud computing and are adopting the technology steadily over the past few years. With recent technological advancements creating new excitement around the idea of cloud computing, the adoption is now skyrocketing!
According to Gartner, the worldwide public cloud services market will gain a positive growth of 17% in 2020. That is an increase from $227.8 billion in 2019 to 266.4 billion in 2020. This makes it vital for organizations to identify the forces that will shape the cloud computing market this year. This article will help you with this as we discuss five specific trends that will transform cloud computing in 2020.
Why Keep Up with Cloud Computing?
Aggregated mostly around Amazon, Google and Microsoft, the cloud market underwent a profound change in the recent past. The pace for cloud adoption and innovation will inevitably continue to accelerate across industries and regions providing new opportunities, and new levels of quality and efficiency. The question you must be asking is: What is in store for the cloud computing market and how should you prepare for it in 2020?
1. Shifting Gears from Multi-Cloud to Hybrid-Cloud
2019 has seen how organizations routinely deployed workloads across multiple clouds. In order to achieve expected outcomes in business, organizations will have to adopt the right and appropriate cloud strategy. A hybrid cloud computing structure uses an orchestration of local servers, private cloud, and third-party public cloud services to achieve desired results. According to The RightScale 2019 State of The Cloud Report, the hybrid cloud adoption rate was estimated at 58% last year.
In this transitional era, the hybrid-cloud will become an integral part of the long-term vision for industries on how they will meet their needs. It can provide a seamless experience to enterprises and help them solve complicated challenges around latency. Customers too won’t have to deal with two different pieces of infrastructure; on-premise and public cloud. Thus, the shift to a hybrid-cloud will make things easier for both the organization as well as the customers.
Related Reading: Hybrid Cloud Infrastructure: How It Benefits Your Business
2. Serverless Computing
“Serverless computation is going to fundamentally change not only the economics of what is back-end computing, but it’s going to be the core of the future of distributed computing,” says Satya Nadella, Chief Executive Officer at Microsoft. This comment clearly shows what the future of serverless computing is.
Serverless computing ensures that developers must only focus on their core product without worrying about operating and managing the servers. This is an advantage that moves enterprises to adopt serverless computing. According to Gartner, more than 20% of global enterprises will deploy serverless computing technologies by 2020.
3. Cloud Security will Become Paramount
Many organizations feel that cloud computing could pose security issues. They might have concerns about regulatory and privacy issues, along with compliance and governance issues. Consequently, security features of public data have become the key focus in 2020. It will not be just about access controls or policy creations. Aspects such as data encryption, cloud workload security, and threat intelligence will gain priority as part of an organization’s security measures. 2020 will also see security features such as privileged access management and shared responsibility models.
According to Kristin Davis of 42crunch.com, 2019 became the year where API Security threats came to notice. As the year progressed, we have observed a lot of high profile API breaches and vulnerabilities, including the ones at Facebook, Amazon Ring, GitHub, Cisco, Kubernetes, Uber, Verizon, etc. In their October 2019 report, Gartner estimates that by 2021, exposed APIs will form a larger attack surface than UIs for 90% of web-enabled applications. In 2020, we expect API security getting to the top of the agenda of a chief information security officer. Also, DevOps tools and processes are expanding to DevSecOps, to lower the risks and implement security by design.
Mihai Corbuleac, Senior IT Consultant at StratusPointIT predicts security acquisitions to make more headlines in 2020, it has made the headlines over the last year. It is because all cloud companies that can’t develop in-house modern security solutions have to look to buy them.
Related Reading: How Secure is Your Business in a Multi-Cloud Environment
4. Digital Natives
As the workforce evolves, the expectations of the workers will definitely increase. Those joining the workforce will be well-acquainted with cloud computing and its advantages. Such workers are called ‘digital natives.’
Organizations will have two sets of workers as a consequence: those who have adopted digital best practices and those who have not. This would call for a need to train the second set of workers, which is called ‘reverse mentoring.’ The adoption of cloud computing and related technologies will enable organizations to integrate both the workgroups into one unified workforce.
5. Quantum Computing
Quantum computing requires massive hardware developments. This opens up the potential to exponentially increase the efficiency of computers in 2020. It allows computers and their servers to process more rapidly than ever before. Quantum computing also has the potential to limit energy consumption. It requires lesser consumption of electricity while generating massive amounts of computing energy. Best of all, quantum computing can have a positive effect on the environment and the economy.
Are You Keeping Up the Pace?
Whether you are a large organization or a small one, cloud computing will remain a compelling, fast-moving force in 2020. Adopting cloud computing technology will enable organizations to mitigate risks and capitalize on opportunities. Ultimately, organizations will have a number of decisions to make with regards to cloud computing. It will include deciding when and how to adopt cloud computing technology, as well as for deciding on the specific model they would like to adopt.
Related Reading: Cloud Migration: Essentials to Know Before You Jump on the Bandwagon
With years of experience in helping clients transform their business by the power of the cloud, Fingent can help you understand and implement this technology seamlessly in your business. Contact us to know more.