Thanks to emergence of Infrastructure as a Service, enterprise IT infrastructure is undergoing transformation by offering great new perspectives to exploit potential business opportunities. Technology and IT resources of enterprise can be leveraged to ensure robust growth of the organization with help of cloud IaaS solutions.
There is a considerable demand for IaaS in major industry verticals and its adoption is witnessing a consistent growth trend year after year. IaaS is designed to enhance scalability and IT management capabilities of enterprises. No wonder, it is being sought after by vast number of enterprises for capitalization of new markets and opportunities.
The most notable applications of IaaS can be observed in BFSI, healthcare and ecommerce segments. According to industry stalwarts, cloud IaaS is the most dynamic and versatile utility computing solution in the current market situation. The major attributes of cloud such as on demand resource provisioning and utility payment systems are driving its adoption across these vital segments of industry.
Indian organizations find cloud solutions such as IaaS to be extremely cost effective and efficient. Global research firms have also recognized handsome growth of IaaS adoption by Indian enterprises with a growth of 38 percent with the total spending of $104.8 million that is projected to touch $1.9 billion by end 2018.
As confirmed by a leading independent consulting and research organization, ecommerce, Banking Financial Services and Insurance, and healthcare have been leading the adoption of cloud IaaS. It would be interesting to appreciate how Infrastructure as a Service model is being adopted in these industry sectors.
Ecommerce sector
Thanks to the encouraging response to IaaS by small and medium ecommerce organizations, the online enterprise sector as a whole is gaining remarkable momentum. The adoption of IaaS in ecommerce sector is driving vital business processes including online transactions, customer support, and automated workflows, among others.
Ecommerce enterprises are able to ensure cost efficient and reliable transactions while acquiring outstanding ability to efficiently handle multiple customer requests without any hassles with help of cloud IaaS.
Online enterprises are capable of obviating establishment of onsite IT infrastructure and also the associated investment for greater cost efficiency. Cloud is also able to offer multiple security layers for guaranteed online transactions while protecting information.
Enterprises leverage IaaS in order to reduce their investments in building onsite infrastructure. It also provides efficient implementation of infrastructure for running web based applications.
The data generated during online transactions is securely stored in centralized resources of servers to make sure that it is protected from unauthorized intrusions. Ecommerce entrepreneurs are able to access data from any location or device. IaaS is therefore regarded as a reliable and scalable resource that supports data integrity as well as scalability.
Banking Financial Services and Insurance sector
This segment heavily relies on extensive IT infrastructure that should be capable of efficiently handling extremely large amounts of data that is continuously generated through day to day transactions. BFSI enterprises are able to leverage cloud IaaS to gain distinct benefits to offer benefits of the latest technologies while mitigating costs at individual branch offices.
All types of transactions can be performed from any location by using wide range of devices with help of cloud IaaS. It also allows customers access their individual details at any time.
In addition to the above advantages, cloud IaaS is also regarded to support banking sector by enabling mobile banking capabilities to customers. It is also possible to scale resources as per server loads. Internet banking, ATM transactions, customer relationship management, and online funds transfers are some of the services supported effectively by cloud IaaS solutions.
These functionalities are also useful for optimization of resources at branch level. Thanks to extensive availability of internet connectivity, rural banking and insurance services are possible due to effective use of cloud IaaS.
Cloud IaaS applications in healthcare
Healthcare sector is one of the most prominent users of cloud IaaS with 83 percent of healthcare enterprises leveraging benefits of cloud healthcare according to Forbes magazine.
Healthcare sector needs to handle significantly higher volumes of healthcare data such as patients health records, research data, drug reports, clinical trial information, and data collected through disparate internet enabled devices that can be termed as internet of things.
In addition to diverse sources of data, healthcare segment is also processing data from different locations. This calls for support of an efficient, secure, and stable infrastructure that can be provided by cloud IaaS.
Data miming is one of the most daunting challenges faced by healthcare sector. The data that needs to be processed can be associated with drug recalls, historical records, clinical information, or regulations.
Healthcare entities such as pharmaceutical firms, hospitals, clinical or analytical laboratories, and research centers can leverage cloud IaaS solutions for pooling of data and facilitate various healthcare professionals or research scientists to collaborate effectively.
Takeaway
Cloud IaaS is an effective facilitator of healthcare, BFSI, and ecommerce services. It supports these segments by enabling IT infrastructure and hardware resources at affordable costs.