Because cloud computing offers previously unheard-of levels of cost-effectiveness, scalability, and flexibility, it has completely changed how businesses run. New techniques that can take your company to new heights are developed as technology progresses. Let’s examine a few actual instances of cloud computing applications that have the power to bring about change:
Serverless Architecture for Economical and Scalable Implementation
By doing away with the need to manage real or virtual servers, serverless computing frees up enterprises to concentrate on developing apps rather than infrastructure. This method works well for applications whose workloads fluctuate since resources are automatically scaled up or down in response to demand.
Case Study: To manage surge pricing computations and real-time notifications, a well-known ride-sharing software made use of serverless functions. Through the removal of idle servers during off-peak hours, they enhanced scalability and drastically decreased expenses.
Also read: 10 Strategies to Improve Productivity in Companies
Predictive Maintenance Powered by AI for Enhanced Operations
Large volumes of data from sensors and Internet of Things (IoT) devices can be analyzed by cloud-based AI platforms to anticipate equipment problems before they happen. By taking a proactive stance, companies can minimize expensive downtime, enhance maintenance plans, and increase overall operational effectiveness.
Case Study: A manufacturing company gave its gear predictive maintenance powered by AI. They were able to proactively schedule maintenance and detect possible problems early by analyzing sensor data, which resulted in a 30% reduction in downtime.
Using Quantum Computing to Find and Improve Drugs
Drug discovery and optimization are two sectors that could undergo a radical change because to quantum computing. Researchers can more effectively model intricate molecular interactions and find promising drug ideas by utilizing the capability of quantum bits, or qubits.
Case Study: In an effort to speed up drug discovery, a pharmaceutical company is investigating the use of quantum computing. Through quantum simulation of molecular interactions, they want to shorten the time and expense needed to create new therapies.