Cloud computing allows companies to rent computing resources like storage, processing power and bandwidth from large cloud providers instead of owning their own infrastructure. This pay-as-you-go model reduces costs by 70% compared to owning resources and saves on electricity, maintenance and other expenses. By 2021, 50% of companies are predicted to migrate some of their services to the cloud, fueling startup growth, job creation and easier implementation of technologies like data science and machine learning. Major cloud providers include companies like Amazon Web Services, Microsoft Azure, and Google Cloud Platform, and cloud-related careers like cloud engineers and cloud solutions architects are growing rapidly.
2. Contents
What is Cloud Computing?
The Booming Demand of Cloud
Industry Repercussions
Major Players
Career Paths
3. What?
❖ Cloud computing can be easily understood by the analogy of renting
❖ Companies with mammoth computational power are simply renting it out
❖ It involves storage, processing and other resources
❖ The term refers to remotely executing processing operations
4. The Booming demand
❖ The pay-as-you-go model used in cloud
❖ Cost reduction by almost 70% as compared to running resources
❖ Saves electricity, infrastructure maintenance, internet cost etc
5. Industry Repercussions
❖ 50% migration to cloud predicted by the year 2021
❖ Startup boost due to cloud adoption
❖ Millions of job opportunities created
❖ Implementation of DS and ML technologies made easier
7. Career Paths
❖ For every traditional computer stream job, there is an alternative cloud career
equivalent.
Ex. Developer - Cloud native developer
SDE - Cloud Engineer
❖ Newer cloud-based job roles (like Solutions Architect) are also emerging at
alarming rate.
