In recent times, cloud computing has become a commodity to organizations all over the world. Most companies use cloud computing in one form or another because of the efficiency it offers. However, most companies have yet to recognize and unleash the full potential of the cloud.   

A new report from The Economist Intelligence Unit and IBM found that among 572 business leaders surveyed, almost three-fourths indicate their companies have piloted, adopted or substantially implemented cloud in their organizations yet, only 38% cite cloud as a leading priority for the entire company. Rather, cloud is still viewed by many as an IT solution, with 62% citing cloud as a leading priority for their IT organizations. (Forbes

While cost-cutting is a crucial reason for the growth of cloud computing, there are other usages cloud plays in the disruptive innovation of the IT sector. Hence, it is extremely important for companies today not just to incorporate cloud computing but acquire knowledge about the technology to utilize its fullest potential. 

Today, most companies use cloud technology for file storage or backup or as a means for disaster recovery; the basic mundane use of cloud, which kick-started the growth of the cloud industry. However, plenty of other options like Online Marketplaces, Ecosystem Connectivity, Artificial Intelligence, Large-scale market adaptability, and scalability remains largely unexplored by various small and mid-level businesses simply due to lack of knowledge and the ability to turn knowledge into action. 

That being said, it would not be completely true to believe that cloud knowledge isn’t being put to action. Cloud Hyperscalers like Microsoft, IBM, Google, and Amazon not only display cloud innovations in their products but they also offer software to businesses that echo their needs. The knowledge and resources these organizations possess about the cloud are immense, and hence it becomes inevitable that the profitable numbers are kept aside and this piece technology is used for the greater good of the society. 

Women in Cloud recognizes the importance of empowering businesses through technology for a better society. With Microsoft and IBM leaders on board, the community offers cloud tech support to businesses led by women like Stylyze Inc, a B2B Retail SaaS platform to enhance product catalog that curates like a personalized stylist and RightSciences, a B2B SaaS platform to develop plant-based patch formulation for hyper-personalized medicine delivery.

Knowledge is an asset in the tech-driven world we are a part of today. While knowledge is available all around us, the power to tap into the knowledge and channel it into action lies with few.

There are various ways knowledge can be converted into collective action. Women in Cloud particularly focuses on making an impact in the following ways;

  • Providing and supporting access to customers, funding, and resources
  • Accelerating businesses through policy resources and readiness 
  • Striving to create and spread innovative solutions, partnerships and communities

 Hence, knowledge management and information dissemination become vital for sustainable growth.

Cloud computing is a technological innovation that can be used for improving lives in society. An estimate suggests that Cloud will provide the digital infrastructure of tomorrow’s cities, where an estimated 6 billion of the world’s population will live by 2045. 

It is safe to say that in the near future, Cloud computing is going to be a bigger part of our lives than it already is. Therefore, it is important to not just acquire knowledge about cloud computing to all types of businesses but to utilize technology for a better technologically-enabled society should be the goal. 

With that thought, stay tuned for the next blog about how to make powerful alliances to further your business or personal goals.