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COVID-19 sparked a surge in digital transformation efforts this year and last. Whether it's cloud computing services firmly establishing itself as a ‘remote work enabler,' or multi-cloud and hybrid clouds assisting businesses with business continuity, the future is bright for cloud computing.
Because of the advantages of cloud computing, an increasing number of businesses are adopting a "cloud-first" policy, which means they choose cloud computing solutions when they require new services.
According to research, cloud solutions will become more popular across industries. As per IDC, cloud computing service provider will account for more than $1 trillion in commercial IT investment by 2024.
Between all this planning and reaping the rewards, there is one final step to consider: cloud migration. Many businesses are hesitant to take this step because of concerns about over-provisioning, skills shortages, adoption issues, and downtime.
To help you decide, we’ve listed important things below that you should be aware of before jumping in for cloud migration.
Cloud migration generally improves scalability, agility, security, and efficiency while allowing for speedier software development. However, each company may require the cloud for various reasons. For example, a financial institution would require it to boost processing power, scalability, and security.
To achieve the best business value from cloud adoption, you must first anticipate your demands.
How secure is your cloud data? To avoid being on the wrong side of a lawsuit, find a trusted cloud service provider before handing over ownership of your
intellectual property. To ensure that the company's data is secure, security problems should be addressed at the outset of any cloud plan. Amazon Web Services, for example, is a trusted cloud service provider that follows best practices to protect users' data on the AWS Cloud. AWS Security Best Practices has more information.
What will happen to your data? It's critical to store your data somewhere that isn't contractually locked because retrieving data is incredibly tough. Choose a cloud station that allows you to move around freely, quickly, and with visible progress indicators.
What is your backup strategy and how will your cloud computing service provider help you out of a crisis if your cloud computing system goes down or suffers a disaster? Employees and clients must still be able to access company data to ensure business continuity. Businesses should understand what defines an outage and when financial consequences should apply for any level of downtime.
Everything has an upper limit. A cloud application is scalable, with a demand- based "pay as you go" method, yet even the cloud has limitations. Focus on several "ceilings" such as organization, storage, people, technology, and cost when developing a cloud plan to decide how much and how far your application can scale. It's also critical to check your existing software's compatibility with the cloud.
It's crucial to learn about your vendor's margin of error, power outages, and security concerns. Keeping track of cloud service accessibility and availability can also help you choose the best cloud service provider for your company.
Another crucial issue is to provide your personnel with the necessary skills to effectively use the cloud. This will make the transition to the cloud go more smoothly and help you achieve your cloud goals. If you have any concerns, speak with one of our specialists right away.
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One of the most significant IT innovations in recent years is the IoT. In our daily lives, all of us rely on a range of technologies, which is everywhere, from waking up to a mobile alarm clock to playing music by uttering 'Alexa’; but how did it all begin? How far has it come? What will the future hold for it? What is the role that IoT app development companies play in it? Let's see...
The timeline of significant events in the growth of IoT is depicted in the info-graphic from HQ Software. Kevin Ashton, co-founder of MIT's Auto-ID Centre, is credited with coining the term in the 1990s. His concept was to connect devices using RFID technology. Nowadays, the IoT service providers predominantly use IP networking to communicate between devices.
The RFID concept proposed by Ashton failed to gain momentum. Instead, in 2000, the first internet-connected refrigerator was released, which used a LAN connector to connect to the internet. More information about that, as well as other devices that came in the 2000s, can be found in the Wikipedia entry.
Some claim that it really took off in 2009, when Google started testing self-driving cars. A year later, China emphasized the IoT as critical to addressing financial difficulties. In 2015, the Global Standards Initiative was established, and governments began to consider IoT security in 2017
In 2019, there were 9.5 billion active IoT devices, which was substantially larger than expected. IoT connections grew in 2020 because of the use of laptops & computers.
From thermostats to autos, all types of gadgets are now connected to the internet. Many things have contributed to this, including the growth of networking capabilities. The rise of the cloud has been maybe the most important cause. IoT devices have since grown far less expensive, with cloud servers providing massive storage capacity.
According to Statista, by 2025, the total number of installed connected devices will be 75.4 billion worldwide. This represents a fivefold increase since 2015.
These figures suggest that the future of IoT development services will be more innovative and revolutionary than the present. It seems inevitable that IoT will be adopted by a growing number of domains. Let's look at some of the IoT trends that will shape the future:
1. 5G integration:
Existing networks' capabilities would be greatly enhanced by 5G. The current network would not be replaced by 5G, but rather enhanced. 5G, whether old or new, would allow for lightning-fast data transmission to and from cloud servers.
2. Single interface:
As previously stated, an increasing number of devices with various capacities are joining IoT networks every second. Instead of a basket of remotes and interfaces, individuals and businesses would require a single interface that allows end-to-end access.
3. Multi-level privacy and security
Data privacy and security will become increasingly more critical. Data security has traditionally been implemented at the device level, whether it's a smartphone, laptop, or other smart device connected to an IoT network. Privacy and security protections will be introduced at several tiers between IoT endpoints in the future.
4. Shift from products to services ecosystem
The data generated by any IoT system is its primary driver. Companies that produce products would gradually shift to delivering services based on data insights.
Advancements in three technologies; Cloud Computing, Big Data, and Artificial Intelligence have aided the rapid rise of IoT. The IoT appears to have a bright future. 5G is poised to significantly disrupt the IoT by bringing high-speed transmission capabilities to both existing and future IoT networks.
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2022 will be the year that businesses get back on track after a year of unparalleled disruption. Many will be looking towards technology and automation to improve efficiency, reduce costs, and build organizational resilience. One technology that should be at the forefront of those conversations is robotic process automation (RPA). Robotic Process Automation (RPA) technology, although a relatively new technology, has managed to gain a lot of attention in the corporate world over the past couple of years. Business owners and CTOs alike are beginning to take notice. Robotic process automation (RPA) offers several benefits over traditional automation solutions. It enables us to save costs and free up resources with a low, non-invasive technical barrier. Other advantages include increased productivity, higher accuracy, the ability to streamline regulatory compliance, faster service, and higher consistency.
RPA revenue was expected to reach close to $2 billion in 2022, according to Gartner, and will continue to grow at double-digit rates through 2024. As more and more companies around the world employ RPA, it is swiftly becoming a ubiquitous and critical technology for the competitive company. Low-code and no-code solutions are helping organizations accelerate digital transformation by allowing non-developers and non-IT specialists to participate.
Accounting and invoicing, data management, hiring and on-boarding, payroll, and much more can all be aided by it.
Specifically, RPA is mainly used to automate business processes such as:
Finance, accounting, operations, and technology groups are all adopting RPA, which is a rapidly growing business. According to LinkedIn estimates, 72 percent of all firms are expected to employ RPA at some time in the next two years.
Major Benefits of RPA Cost effective
Cost savings are virtually instantaneous using RPA. Reduced manpower and time, as well as better precision, are all advantages of RPA. Cost reductions of over 30% can be gained by automating tasks.
By providing scalability, reducing errors, and boosting compliance, RPA may drastically minimize operational risks. To get more consistent results and delivery, automation is essential.
Because RPA can automate repetitive and time-consuming processes across your organization, your employees will have more time to focus on more important duties, enhancing overall productivity. This leads to increased staff happiness and engagement, as well as a better customer experience. RPA Bots may work nonstop for 24 hours a day, 7 days a week. This is a significant benefit over human workers. For firms trying to improve efficiency, the ability to work uninterrupted and with greater accuracy is a significant benefit.
When done correctly, robotic process automation decreases the likelihood of errors in any given operation by effectively replacing the human "error" factor. Less errors mean lower costs, less wasted time, higher accuracy, and, depending on the process, increased regulatory compliance where errors can have serious consequences (e.g., personal data related tasks) and much more, which brings us to regulatory compliance.
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During unpredictable times, automation is a crucial tool for making your business more efficient and stable. RPA is one of the most straightforward methods to set up and scale to new activities and departments. Consider hiring a seasoned RPA Solutions provider like Reality Premedia Services if you're interested in RPA initiatives for your company.