A Cloudy Outlook for Businesses – High Speed Internet Can Help

The business world has been in the midst of a slow shift to the cloud for years now, and there’s a good chance that includes you as well. If you’ve used Dropbox, Google Docs, iCloud, Slack, Netflix, Box, or Salesforce, then you’re in the cloud – the software and platforms that run on the Internet rather than locally on your computer.

So as more and more businesses begin relying on these tools, the results of a fascinating new report on the shift to cloud computing from management consulting group McKinsey & Co. should come as no surprise. Here are a few of their notable findings.

  • Over the next three years, enterprises will make a notable shift from building IT to consuming IT.
  • In 2015, 77% of companies used traditionally built IT infrastructure as their primary environment for at least one workload. That percentage is expected to drop to 43% in 2018.
  • "Enterprises are planning to transition IT workloads to hybrid cloud infrastructure at a significant rate and pace, with off-premise environments seeing the greatest growth in adoption."
  • "The ripple effects of the cloud will continue across the enterprise IT vendor landscape."

Other research shows a similar trend: a recent survey of 6,159 executives (conducted by IDC and sponsored by Cisco) found that nearly 70% of the organizations surveyed are using cloud "to help drive business outcomes," up from 42% in 2015. The reasons listed in both reports focus on an increased need for security and a greater number of cloud-native applications and Internet of Things (IoT) cloud-based solutions.

The Cloud Connection

Chief among all the factors to consider when deciding if your business should take the leap into the cloud is if your Internet connection can handle it.

It goes without saying that relying on a cloud service is fundamentally different than traditionally built infrastructure, with research by Integra Telecom finding that 45% of organizations surveyed cited bandwidth requirements as a barrier to adopting cloud-based computing, and a Cisco survey finding that global cloud traffic (the fastest growing component of data center traffic), was expected to grow to 5.3 zettabytes in 2017, up from 1.2 in 2012.

What this all means is that you're going to need an extremely fast and reliable Internet connection to successfully run a business via the cloud. Rainbow Broadband can you get fully set up with a high-bandwidth Internet connection - up to 10 Gbps symmetrical - within days, and has been powering innovative New York City companies for over a decade, including Twitter, VaynerMedia, Vice, WeWork, BuzzFeed, and more. Rainbow’s services have been cited as vital to successful cloud-dependent tech companies such as Bark & Co, Offerpop, and Hightower.

So if your company is among that 33% of those that will be floating away from traditional IT infrastructure before 2018, be sure you have the broadband to back it up.