How 5 Industries Utilize Cloud Computing Solutions
Businesses can do a lot of tasks in the cloud. Providers like AWS, Azure, and Google Cloud offer a wide variety of services for its clients. These range from basic cloud computing functions to hyper-specific cloud applications. Cloud services were traditionally designed horizontally, meaning they serve a general purpose and are not tailored to individual industries or customers. However, a recent trend for cloud development is vertical cloud, or cloud programs specifically designed for particular industries.
As more industries adopt the cloud into their infrastructure, providers have developed tools and solutions designed specifically for those industries to take advantage of. These industries can also reap the benefits of general cloud solutions created to serve multiple verticals. We’ve listed five industries that have integrated the cloud into their vertical and how they make the cloud work for them.
The healthcare industry, for obvious reasons, puts a lot of focus on client safety, security, and privacy. Most cloud storage providers feature HIPAA compliance in order to ensure proper treatment of client information. Healthcare professionals are slowly beginning to utilize the cloud in order to store client data. Another trend in cloud healthcare is cloud-based diagnosis systems. These are tools that implement machine learning and predictive analytics to make medical diagnoses and recommend treatment options.
Companies in any vertical experience the financial advantages the cloud brings by eliminating or reducing the cost of server maintenance. For the financial industry itself, though, the cloud has a lot of tools to offer. Many banks and insurance firms have adopted SaaS programs to help them keep track of records and handle other back office tasks. Capital markets implement cloud-powered AI and machine learning solutions to help them to design investment strategies and financial data management.
Educational institutions can adopt cloud-based solutions to suit both their employees and their students. Faculty and IT departments can keep their student data private and secure thanks to cloud solutions maintaining compliance with several regulations. The cloud also fosters collaborative environments for students, as they can access the same application or service and interact with each other. Many of these collaborative programs are scalable, allowing an entire educational infrastructure to take advantage of it.
The biggest draw of technology solutions for the automotive industry is keeping up-to-date on their supply. That allows them to better interact with customers and provide exactly what they need. Having a common cloud environment for both automotive suppliers and manufacturers to share data on ensures that both sides understand what parts are available. Also, as smart cars become more popular, cloud-based data analytics solutions can help auto companies interpret the mass amount of data that cars produce on the road.
A manufacturing business can implement cloud solutions for every part of the manufacturing process. Most notably, there are a number of cloud-based enterprise resource planning (ERP) solutions to migrate your business management practices to the cloud. It’s also quicker to funnel orders of any size through the same channels and deploying products to meet them.