Since companies are operating remotely, they require more cloud computing power. The lockdown situation has created demand for cloud service platforms. Companies including Amazon Web Services (AWS), Google Cloud Platform (GCP), and Microsoft Azure have reported a surge in the traffic and demand.
There is a lot of latent demand for cloud services, which can be executed efficiently by data centres as they offer scalability. The demand for such services is increasing among both enterprise and consumers. The demand is largely driven by increasing dependency on collaboration tools. Companies are relying on video conferencing, e-learning tools.
According to a report by Deloitte India, the cloud computing industry grew at an annual rate of 24%, the figure will be surpassed this year. Microsoft has observed a massive 775% increase in the use of its cloud services. Microsoft Teams has more than 44 million daily users, which generates 900 million meetings and calling meetings.
Zoom has seen the highest number of downloads in the past few weeks. The entertainment platforms including Netflix, Amazon Prime, Hotstar have observed surge in the usage. Cloud services have been managing the workload needed to cater this demand. The high demand comes with a new set of challenges like data security and phishing attacks.
Cloud providers are offering virtual desktop and VPN solutions with some level of data and cybersecurity capabilities to fight fight the security challenges.