Top Industries Using IaaS and Why

Introduction

According to Gartner, in the last year a surge of expenditure on cloud services has been noted across industries with more than 45%¹ of technology spending shifting from traditional technology solutions to cloud-based solutions in 2024. Several industries have benefited from cloud infrastructure, including retail, manufacturing, healthcare, financial services, and others. How? Let’s have a detailed look at how cloud infrastructure is going to scale your technology solution.

What is IaaS — A Quick Recap

IaaS enables businesses to rent computing infrastructure, such as servers, data storage, etc. as an alternative to buying these computing resources. With the help of this on–demand model of renting technology infrastructure, it provides high flexibility to businesses and also reduces capital expenditure and speeds of deployment. IaaS provides numerous benefits due to which businesses across various industries have adopted it widely.

Key Industries Leveraging IaaS

E-commerce and Retail

The ecommerce and retail industry experiences significant variations in traffic during festive and holiday seasons as well as during promotion and sales campaigns. In this scenario, IaaS enables retailers to flexibly and on-demand scale up and down their computing resources.

Retail and e-commerce platforms process their payments with utmost security and reliability with the help of IaaS, which also facilitates the secure storage of customer data.

Cloud solutions benefit the e-commerce and retail sector by streamlining technology and reducing costs².

Finance, Banking & Fintech

Banking and financial institutions handle the sensitive data of their customers while maintaining high-volume transactions. Also, in banking and financial systems there can be a regular surge in transaction processing, for example during end-of-day batch processing, etc.

IaaS handles the peak loads by scaling infrastructure dynamically, which results in flexibility and cost savings. IaaS also provides secure and regulatory-compliant cloud infrastructure, which helps banking and financial institutions to store and process sensitive data effectively.

Healthcare & Life Sciences

In the Healthcare industry, confidential data, such as lab results, imaging data, patient history, or genomic sequences are generated in large volumes. IaaS provides secure, high-capacity and flexible storage and compute resources to collect, record, process, analyze and archive this data.

In the case of research, clinical trials, and management of patient data which requires technology infrastructure to scale on demand, IaaS provides the flexibility to expand infrastructure easily without investing in fixed-capacity physical data centers.

Big Data, Analytics, Machine Learning & IoT

Big data, BI, M/AI, or IOT solutions demand heavy processing and storage technology infrastructure. With the flexible technology infrastructure that IaaS can provide, these demanding workloads are handled with ease.

Big data workloads are in need of heavy processing power and expandable storage, IaaS is best suited to provide the processing power and storage facility to collect, process, and examine extensive data. Further, the storage solution of IaaS provides access to on-demand resources and scalable technology infrastructure that is helpful in outpouring of analytics workloads, unpredictable surge in data processing, etc.

IaaS provides flexible and on-demand resources, allowing organizations to accommodate uncertain workloads, such as a data surge of IoT devices or analytics overload.

IaaS supervises industries to allow custom configurations streamlined for large amounts of data as well as to determine work overload by IoT data acquisition, big-data analytics, etc.

Media, Entertainment, Gaming & Digital Content Providers

Digital content providers deal with large files, including audio and video, to reach global audiences, so IaaS provides high-speed storage to companies to support streaming and global distribution. Higher demand for content delivery with high concurrency of companies is managed by IaaS by rendering and transcoding.

IaaS provides a quick service in fulfilling the demand during peak usage, which is why it can support content-heavy companies.

Manufacturing, Industrial IoT & Industry 4.0

Manufacturing and industry are in need of networked machinery, IoT devices, and sensor data, IaaS is ideal as a solution for manufacturing for collecting, storing, and processing the data in real time. IaaS achieves data processing solutions by allowing advanced analytics, supply-chain optimization, and predictive maintenance to improve product quality and efficiency.

Instead of on-premise data centers, IaaS scales manufacturing to compute based on demand in a cost-efficient way to meet quickly with the changing needs of production.

Education & EdTech

Using IaaS, EdTech enables online learning platforms to host virtual classes by maintaining their learning management systems. IaaS enables the EdTech to use collaboration tools for conducting sessions more efficiently.

Usage of IaaS enables flexibility in scaling the infrastructure to meet the research demands and by removing the requirements of physical servers.

In recent times, the expansion of online courses requires cost-effective ways to provide virtual education, IaaS is best fit to provide such solutions.

Why IaaS Works So Well Across Industries

IaaS is broadly acceptable across industries of various sizes and types due to its cost-effective solutions as it avoids heavy investments and provides a facility of pay on a usage basis. Providing budget-friendly results, IaaS improves the flexibility and speed of businesses by quickly meeting the changing demand during sudden spikes. Moreover, IaaS also provides secure technology infrastructure to industries, such as manufacturing, retail, edtech, fintech, e-commerce, and others, enabling regulatory compliance.

What This Means for Intelics Cloud: Why Our Clients Spanning Multiple Industries Should Consider IaaS

Intelics Cloud is a cloud infrastructure provider serving clients to various industries, such as healthcare sectors, edtech, fintech, manufacturing, retail, and so on. It offers customized IaaS solutions for businesses to launch applications in cost-efficient ways. Reliable solutions are provided by Intelics Cloud to manage traffic surges. Hence, with Intelics Cloud, industries can transform digitally by supporting cloud-native capabilities.

Cloud solutions are not limited to certain industries; rather, IaaS has the capability to modernize all types of industries through customized services. Using IaaS, any company can streamline its operations by increasing the flexibility of its infrastructure. Furthermore, having Intelics Cloud’s solutions incorporation of IaaS in the infrastructure becomes easy for any kind of industry, including finance, startup, or healthcare. To know more, please contact us.