6 Key Industries That Are Benefitting Significantly from Cloud Computing

Cloud Services is expected to grow by 18.4% in 2021 to total $304.9 billion

With the aid of Cloud-based Solutions, you can access your data whenever you want with the pay-as-you-use price model. Cloud Storage System offers a host of benefits to businesses – lower IT expenses, flexibility, 24/7 data access, data backup, collaboration, and high-class data security.

According to Gartner, Inc., worldwide end-user spending on public cloud services is expected to grow 18.4% in 2021 to total $304.9 billion, up from $257.5 billion in 2020. Although a good number of industries are incorporating cloud solutions to make their business operations run smoothly, there are 6 major industries that use cloud strategy the most. In today’s blog, KR Elixir Technology will tell you about 6 prime industries that profit from Cloud Computing.

Finance
The finance industry leverages cloud computing to keep confidential data safe and secure. Cloud solutions allow financial institutions to ensure compliance and avoid lawsuits by prohibiting data leakage.

Healthcare
Healthcare is a critical industry that has to pay special attention to patients’ safety and privacy. Through cloud technology, medical professionals store and access vital information about their patients via a single platform in a few clicks. This helps them provide faster and accurate diagnosis and treatment to the patients effectively.

Education
Cloud technology is reshaping the education system. Cloud migration has enabled students to study at global universities from any place. Cloud-based learning materials are a life saver for both educators and students because books and materials can be accessed at any moment and place to help students save money on textbooks and get updated content easily.

Retail
Cloud Computing has a huge impact on the retail sector. With the aid of cloud storage, retail businesses can efficiently offer additional customer service options as well as improve product and supply chain management.

Manufacturing
Manufacturing companies are utilizing cloud-based systems to track production, improve collaboration, maximize efficiency, minimize costs and reduce spend related to additional software and hardware.

Hospitality
The Hospitality industry is deploying cloud to deliver personalized guest experiences. Cloud technology helps improve the efficiency of hospitality staff by giving them quick access to customers’ data so that they can be served on time without any further inquiries.

Adopt Cloud Technology with help from the KR Elixir team. We offer the following cloud-based resources and services.

Cloud Strategy Services

  • Cloud Advisory Services
  • Cloud Migration Services
  • Cloud Management Services
  • Cloud Program and Project Managers

KR Elixir has successfully implemented 30+ Cloud Projects working with 10+ industry partners (AWS, Oracle, Azure, etc.) and 150+ Cloud Developers. Connect with us to achieve Cloud Transformation today.