About the Academy
Cloud computing is the system of sharing a network of remote servers which are hosted on the Internet to store, process, and manage data Â rather than on a local server or a personal computer. It specifically refers to a common storage space through which all the devices in the network can access data simultaneously. The use of cloud computing technology not only gives cost benefits but also makes applications accessible to all connected devices in the network at any time and from any location.
Cloud platforms are enabling new, complex business models and arranging more globally-based integration networks in 2017 than many analyst and advisory firms predicted. Combined with cloud services adoption increasing in the mid-tier and small & medium businesses (SMB), leading researchers including forrester are adjusting their forecasts upward. The best check of any forecast is revenue. Â Amazonâ€™s latest quarterly results show Amazon Web Services (AWS) attained 43% year-over-year growth, contributing 10% of consolidated revenue and 89% of consolidated operating income.