What is Cloud Computing?
Cloud computing is one of the most significant transformations in Information Technology that provides computer facilities via the Internet, with many advantages to both companies and end users. Cloud computing offered a new way to access computer services. Users are not restricted to the resources of his own computer but can access what they really need from different locations and different computers through the Internet.
This technology promises to release the clients from the burden of administering more and more complex and expensive systems by offering them the possibility of using systems with state of the art computing capabilities, high availability, and scalability.
Cloud computing service is currently a highly buzzed word in the technology industry of Bangladesh. Why it wouldn’t be? It has brought about a technological shift in the internet world with its rapid growth over the last two decades. Cloud computing is helping to build the digital Bangladesh of high connectivity and computer literacy. By bridging, the digital gap to empower Bangladeshis from every aspect of society.
Bangladesh has now gained the capability of being the new big market of the cloud business as big hot IT startups are potentially growing here worthy to be billion dollar companies. Cloud computing is playing a massive role to grow these companies not only in Bangladesh but all the third world countries.
After the alphabet and the printing press, the internet was the third revolution in information distribution in tech history. But today the usage of information on the internet has spread so much that people have the need to access data from anywhere anytime. Cloud computing has solved this problem of accessibility. Now, people and companies are using cloud to store huge amount of data that can access from anywhere of the world at any time.
The Cloud Scenario of Bangladesh
With the vision of digital Bangladesh, the usage of the internet has been growing tremendously in Bangladesh. From general people to big corporates and even rural area farmers, the Internet is becoming a part and parcel of everyone’s life. People are storing and sharing all the important data through the internet.
But even a few days back this scenario was not very much normal. Especially big companies who have a need for storing a big amount of data were dependent on classical methods. They used to write them in papers and file them to store as storing large data needed additional computers and the internet was not affordable for most of the companies.
To be more elaborate if an organization wanted to store and process large amounts of data it had to either buy computers or build or rent space in a nearby data center, a warehouse-like complex with industrial sized air-conditioning, generators, redundant fiber network connections, security services, and so forth.
But cloud computing service has changed this scenario for good. Companies are now investing their money on cloud services rather than buying on-premise infrastructure. This new dimension is helping them to save a lot of capital expense and operational hassle.
Specially Startups which are new in the business has a limited amount of resources. It was never easy for them to spend money on big infrastructures for cloud computing. That’s why most of the small companies and startups where lagging behind in data accessibility due to this technological outback.
Cloud services have solved this problem for them. Now they can subscribe to any good cloud service provider and enjoy the benefits of cloud computing. It has limited expense and any technological hassle.
With cloud computing technology, the market is getting mature globally, including in developing countries. In the last few years, Bangladesh has witnessed a lot of activities in this segment.
For example, big companies are now getting digitized. Under the process of digitization, they are automating their workflows and business process. ERP, Business Intelligence these services are widely taken by companies nowadays. Interestingly, all the big companies are hosting this enterprise software of them on cloud as the amount of data is so big and security is a big concern for them.
City Bank, one of the country’s leading commercial banks, has been using cloud computing in Bangladesh to simplify, streamline and automate its business processes with increased visibility into its financial and human resource operations.
Dulal Brothers, one of the largest diversified groups of companies in Bangladesh, is using Cloud applications for their end-to-end human capital management across the organization for thousands of employees while fueling the organization to drive strategic procurement, budgeting, and HR transformations.
Companies like ACI, Robi, Eastern Bank e.t.c are few of the so many giant companies who have considered having cloud services in their company. Not only big companies but also local well-known startups like 10 minute school, Pathao are also using cloud services to store and share their data.
The scenario thus clearly demands a clear picture of the market opportunities available and the expected future of cloud in the country.
Cloud Service Providers in Bangladesh
Well, everything seems quite good, right? But how one can get the best cloud services? Thus, it’s pretty clear that Bangladesh has a high potential to offer much better opportunities in cloud. Also, the way both the private and government players are taking initiatives, and the pace at which the IT professionals and entrepreneurs are making use of this technology, the scope in the future is going to be immense.
Giant cloud service providers like AWS, Azure, Google Cloud Services and Oracle are working actively with their partner companies in Bangladesh to spread their cloud services. Local partner companies of these giants are also working hard to reach each and every company of Bangladesh. They are trying to make them understand the usage and benefits of cloud computing services in Bangladesh.
For example our company Brain Station 23 being a software development company also offers cloud services & solutions and has already gained trust in the market of cloud business being the Partner of AWS, Azure and Google Cloud Services respectively.
The Future of Cloud Computing in Bangladesh
Industry analysts predict that more than 50 percent of all enterprise data will be managed in the cloud and 80 percent of application operations will be resolved autonomously by 2020.
Organizations are increasingly adopting cloud-based management solutions. According to the recent IDC Vendor Spotlight survey, 50 percent of the users planning net-new IT operations analytics solutions want to move from on-premises to cloud service-delivered solutions.
Public cloud-delivered system management revenue grew 46 percent in 2016. Strong growth of public cloud-based solutions is forecasting and to be continue through 2020 with revenue expected to more than double from 2016 levels. These numbers totally show the euphoria surrounding the crowd in the IT sector about cloud simply cannot be undermined.
In the end, we can say that IT is very dynamic and it is changing very quickly. Moving towards cloud is the next rational thing for Bangladeshi businesses. Cloud service is not a luxury anymore. But it has become an important need for any business to make the workflow swift and store data securely and efficiently.
The new business world is going to be total data driven. To triumph in this data-driven business world, there is no other way to store data as much as possible and use them to the most. To ensure this, the rest of the world is moving towards cloud technology. Bangladesh should walk in the same path as well.