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Also, as cloud-based applications such as Dropbox, Facebook, Gmail, among others, are becoming more flexible and robust, the processing cycle needs to be faster in a real-time scenario.

Large enterprises are implementing multi-cloud solutions in their business operations to organize their employees over cloud-based platforms. Substantial Adoption of Omni-cloud over Multi-cloud to Boost Cloud Computing Industry Growth

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Request a Free sample to learn more about this report. Such active initiatives are likely to boost the demand for cloud-based solutions in the upcoming years. Oracle Cloud helps order the vaccine, track shipment, and manage inventory.

Similarly, in December 2020, The Centers for Disease Control (CDC) used Oracle Cloud to manage the COVID-19 vaccination program in the U.S.

The Centres for Disease Control and Prevention (CDC) and other healthcare institutions can control the solution to develop COVID-19 calculation tools and reduce the work stress on front-line workforces.

For instance, in May 2020, Microsoft Corporation launched 'Hospital Emergency Response', a cloud-based healthcare sector solution enabled by the Azure platform.

The rising demand has created various opportunities for cloud vendors to expand their business by launching advanced solutions. This factor has resulted in an escalation in demand for SaaS-based collaboration solutions. Governments and public and private enterprises in many countries have implemented the “work from home” approach. Furthermore, this factor has augmented the adoption of cloud-based services such as SaaS and IaaS amidst the COVID-19 pandemic. Most of the workforce is working from home due to lockdown restrictions, which, in turn, has resulted in a sudden rise in demand for cloud-hosted solutions such as OTT services, video-on-demand (VoD), and others. Lately, there has been a momentous rise in the demand for online live streaming platforms, such as Netflix, Hulu, Amazon, Spotify, and others.

Governments and organizations across several industries are widely dependent on IT-related solutions and services. The current coronavirus epidemic has impacted economies worldwide. Proliferating Cloud-based Solutions amid COVID-19 Pandemic to Aid Growth This funding will help the company to strengthen Snowflake’s cloud data platform. In February 2020, Snowflake raised funding of USD 479 million, raising the company valuation to USD 12.4 billion from Salesforce Ventures and Dragoneer Investment Group.Federal invested about USD 5.91 billion in adopting cloud solutions and other cloud migration & support services across their units. For instance, in 2019, the Government of U.S.Also, increasing investments by countries such as the U.S., the U.K., China, India, and others, in various cloud-based development projects are anticipated to boost the market's growth. The market growth is primarily driven by the growing implementation of advanced technologies such as Artificial Intelligence (AI), Machine Learning (ML), and the rising shift of enterprises towards cloud-based solutions. The market is projected to reach USD 250.04 billion in 2021 to USD 791.48 billion in 2028 at a CAGR of 17.9% during the 2021-2028 period. Based on our research, the global market exhibited a substantial growth of 13.7% in 2020 compared to the average year-on-year revenue growth during 2017-2019. The impact of COVID-19 globally has been exceptional and astounding, with cloud computing solutions witnessing a diverse demand across the region during the pandemic.

Please get in touch with our hosting experts for more information.The global cloud computing market size was USD 219.00 billion in 2020. We have a range of services to make it quick and easy to get into building or migrating your website on our cloud hosting platform whether you’re on Magento, Wordpress, Drupal or another platform. However, cloud hosting can be the perfect basis for a web hosting platform due to scalability, reliability and relinquishing the need to buy expensive hardware. Linux, Apache, MySQL and PHP) to make your platform website-ready.

Wiki cloud services for business install#

This means you might need to manually install your server stack (essential software e.g. For example, Infrastructure as a Service is a form of cloud hosting which only includes your server and network infrastructure. While some types of cloud hosting can be website-ready out-of-the-box, it’s not always a given. The term “web hosting” is widely associated with hosting services which are website-ready from the off. Cloud hosting is a broader term used to describe the type of hosting, where web hosting is describing the intended use of the platform.