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The Significance of Cloud Computing

Aug 05, 2022

By Mamata Saha

Introduction: What is Cloud Computing?

With technology undergoing massive changes every day, it’s no surprise that storing information has also moved away from traditional servers, hard drives, internal or external,  and systems. While older methods may have worked in the past, the security and confidentiality of the data we work with was, is, and will always be a concern. In fact, it’s more of an issue now than ever with cyber crimes, including system hacking, and shooting through the roof. 

Therefore, we now have a way of storing and accessing data, applications, and services through a system called Cloud Computing. In other words, Cloud Computing is a method of storing and retrieving information and applications online. And what’s even better is that you can access the data regardless of your location, whether it’s a cafe in Paris or a hotel in Sydney. The cloud is ubiquitous, whether it’s your phone or your grocery app. Although people use it for personal and professional reasons, organizations need it more than anything else. Why? Cloud Computing is versatile and can be used across a multitude of tasks such as software development, data analytics, data protection, disaster recovery, and virtual desktops, among others. 

Modus Operandi: Cloud Computing

While we now have an idea of what Cloud Computing entails, let’s briefly understand the way it runs. Customer devices find their way to cloud and data applications online that are stored on remote databases, computers, and physical servers. There’s a frontend, a backend, and an internet connection involved in the process, and it’s the internet that links the two. The frontend comprises the customer’s device, network, browser, and cloud software applications while the backend comprises servers, computers, and databases. The primary task of the backend is to store the data the frontend receives. A central server works to smoothen the interchange of data between the frontend and the backend while supervising their interactions.

Types: Cloud Computing

Cloud Computing doesn’t work on a one-size-fits-all policy. Depending on one’s requirements, it can be broken down into four categories:

Pros: Cloud Computing

The popularity of Cloud Computing is based on several factors, so let’s explore a few of the benefits it offers to organizations:

Safeguarding your company data: Cloud Computing

While working on documents on our computers or laptops, there may have been times when we might have missed saving them on the hard drive. Result? When we experienced a power outage, we lost all the critical data we’ve been slogging on only to start over. So, where are we going with this? Well, with Cloud Computing you don’t have to worry about saving files and backing up data, both of which are taken care of! Also, what’s the most critical aspect of our data that we lose sleep over? Safety, of course! So, with cloud service providers upgrading security protocols periodically, users can sleep soundly while their data’s kept secure from hackers.

Relecura’s contribution to Cloud Computing

Relecura’s IP and innovation tools have always had a role to play in today’s emerging technologies. How? Well, in addition to utilizing Cloud Computing for the functioning of these tools, a combination of some of these tools can help us generate a landscape report on Cloud Computing, in this case. A landscape report shares a complete picture of a specific technology, including existing companies (‘players’) using the technology and new entrants into the Cloud Computing space, besides sharing the timeline of their entry into the computing technology market.

A core objective of a landscape report is to determine white spaces for an organization. How does that help? A white space analysis helps an organization decide which technical areas form their strength and in which areas they’re lagging. Relecura’s most advanced and in-demand patent search and analysis tool, the Enterprise Web Tool, can be used to create such a report on Cloud Computing. To help you recognize the reliability and range of the tool, we’ve shared a few relevant images here.

Fig 1: This is a summary of publications highlighting the total number of Cloud Computing patents filed globally. Other critical pieces of information such as the number of patents granted, the patent type, the top patent acquirer, and the patent holder, also form a part of the report.

Something that’s unique to Relecura and deserves a special mention here is the Star Rating aspect (as also observed in Fig 1). Every patent that finds a place on Relecura’s database is automatically assigned a star rating. How’s the rating derived? Well, there’s a predefined formula that considers parameters such as forward citations, claims count, backward citations, independent claims count, and so on to create a rating and allot it to a patent.

The landscape report can also fetch you the top global organizations holding Cloud Computing patents and the quality of those patents, through the star ratings against the patent set belonging to an organization. Here’s a relevant image:

Fig 2: The table here depicts the top patent-holding companies of Cloud Computing and the star ratings assigned to each from 0.5 to 4.5, 4.5 being the highest

Another area that the landscape report can delve into is the patent portfolio analysis, which specifically highlights Cloud Computing sub-technologies and reveals the top organizations that own the majority of the patents in them.

Fig 3: This table represents the results of the Cloud Computing patent portfolio analysis and the top five global companies holding patents in specific Cloud Computing sub-technologies.

Relecura’s TechTracker is yet another AI-based tool that tracks technology trends and competitor intelligence, analyzes different technologies, and shares data on emerging technologies. Using it, you can also incorporate a list of Cloud Computing technologies that have already or are likely to take the world by storm.

Fig 4: This table shows the emerging technologies centered around Cloud Computing and their respective patents published over a five-year period (2017 - 2021).

Should you want to take a closer and more detailed look at the landscape of Cloud Computing, click on the following link:

https://relecura.com/cloud-computing-landscape-report/

Conclusion: Future of Cloud Computing

While Cloud Computing has made its presence felt in the world of technology, the extent of its growth is unfathomable. Essentially, that means that we have a lot to look forward to. The technologies that could see potential growth include but aren’t limited to Processing Capability, Quantum Computing, and Artificial Intelligence, as a way to enhance the use of Cloud Computing. In terms of advancements that we might get to view and experience shortly, we might have more organizations using multicloud to access a gamut of different services from several cloud providers. 

We might also get access to low-code and no-code platforms that will offer developers without any knowledge or coding experience the opportunity to create apps, offering solutions to various issues, minus programmers. Last but not least, wearable technologies and IoT will see a spurt in terms of sensor creation suitable for houses and clothing, among other things. In a word, it makes sense to research and explore Cloud Computing to figure out how it’s likely to impact your company or business before you realize everyone around you is working closely with the technology, while you’re still attempting to determine what it entails!

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