The use of the cloud has become so integral to every day life that millions of people and organizations around the world rely on cloud services for just about everything. From social communication and GPS to document management and CRM, nearly every facet of life engages in the cloud and this is a reality that is not going away any time soon... but when did this shift start?
Knowing the cloud-focused business landscape today, it's almost hard to believe that although the Internet and cloud-concept has its roots in the 1960s, it wasn't until the early 1990s that they had any real relevance for business.
The World Wide Web was born in 1991 and as internet connections got faster and more reliable, internet applications for business started appearing. By the end of the 1990s cloud computing appeared in the form we know it today. It was at this time that software publishers introduced multi-user applications specifically designed to be accessed by a web browser by large numbers of customers simultaneously at low cost via the cloud delivery method.
Since then the importance and demand of cloud offerings has grown and grown. In 2013 cloud service spending was estimated at $47 billion worldwide and it is estimated this investment will more than double to over $108 billion by 2017 as companies modernize with cloud services as the foundation for competitive business practice.
This historic journey can be visualized with this infographic:
Because "the cloud" is basically just at the other end of your internet connection, it is really just a place where users can access apps and services and store data securely.
The cloud is the future of business for three reasons:
- The cloud does not require effort from the end user to maintain or manage it.
- The cloud is essentially infinite in size, which eliminates the need to worry about capacity.
- Users can access cloud-based applications and services from anywhere – all that is needed is a device with an Internet connection.
That makes the cloud a very good place to run business software that users need to access reliably at any time, wherever they are, and on any device. An easy-to-use, affordable cloud-based ERP application such as Acumatica Cloud ERP is just what the modern business needs.
More About Acumatica
Acumatica is a leading innovator in cloud ERP and provides cloud business management software that empowers small and mid-size businesses to unlock their potential and drive growth.
Built on the world’s best cloud and mobile technology and a unique customer-centric licensing model, Acumatica delivers a suite of fully integrated business management applications, such as Financials, Distribution, CRM, and Project Accounting, on a powerful and flexible platform.
In an interconnected world, Acumatica enables customers to take full control of their businesses, play to their organizations’ unique strengths, and support their clients by following them anywhere on any device offering exceptional professional and financial growth potential.
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