Cloud Computing Technology

Cloud computing is the delivery of computing services—including servers, storage, databases, networking, software, analytics, and intelligence—over the Internet (“the cloud”) to offer faster innovation, flexible resources, and economies of scale. Cloud computing technology gives users access to storage, files, software, and servers through their internet-connected devices: computers, smartphones, tablets, and wearables.

The largest public cloud service is Amazon Web Services (AWS), followed by Microsoft Azure, IBM Cloud, and Google Cloud Platform (GCP). Other cloud technology leaders and behemoths include Salsforce, Oracle, VMware and Alibaba.

Key benefits of cloud computing technology include:

1. Cloud computing allows a business to cut their operational and fixed monthly costs of hardware, databases, servers, software licenses.

2. Cloud computing offers 24/7 uptime (99.99% uptime).

3. Cloud computing is scalable and reliable. There is no limit to the number of users or resources.

4. Cloud computing provides maintainability and automatic updates of new software, OS, databases, and third-party software.

5. Cloud service providers have data centers in various locations, which makes them faster and more reliable.

One popular example of a cloud service is Gmail, which allows users to access email from any device with an internet connection, because the cloud is everywhere. If you have ever stored items in your Amazon shopping cart to retrieve later and possibly using a different device, or have used an app to access your online banking, then you have proven the use case for cloud computing technology.

With the growing demand for both public and private cloud services, investing in the components that make them run-- like CPU and graphics chips-- and the companies that build these components is an essential part of any successful long-term investment strategy. Billions of dollars are being invested in cloud migration.Whether it’s infrastructure, software, applications, services, products, or even an operating system, everything is making its way to the cloud. As a result, so will Fox Capital Investment Group Inc..