Cloud Computing

AGRICULTURE

Manual, physical samples would have to be taken in the past, leaving lots of room for error and not a true representation of the entire farm ecosystem. This is allowing farmers to largely mitigate risks from lost crops, lowering the cost of labour and eventually resulting in a more transparent product to the consumer. The cloud also offers a very accurate predictive analysis, pinpointing products, markets, and their specific demand. In the same scenario, they are also able to provide insight into upcoming weather condition. The overall use of the cloud for agriculture not only helps the farmer and consumer but also helps the environment by limiting precisely calculating the exact amount of fertilizer or potentially harmful chemicals used in the process.

BANKING

Like other companies, banks are racing to take advantage of the opportunities and manage the risks that the digital economy brings. Companies like Goldman Sachs and Capital One have already made moves towards the cloud. Capital One is running all of their mobile app and data through the Amazon Web Service (AWS) cloud, whereas Goldman Sachs has gone with a private cloud strategy. Engineer Don Duet explains “We’ve been investing in technology for a long period of time—more than two decades—so none of this marks a sudden, abrupt shift in strategy for the firm. It’s a process of continual transformation—moving more and more core parts of our business into models in which things are done electronically, at a higher scale, and delivered in a more seamless fashion”.

MYProduct

Manual, physical samples would have to be taken in the past, leaving lots of room for error and not a true representation of the entire farm ecosystem. This is allowing farmers to largely mitigate risks from lost crops, lowering the cost of labour and eventually resulting in a more transparent product to the consumer. The cloud also offers a very accurate predictive analysis, pinpointing products, markets, and their specific demand. In the same scenario, they are also able to provide insight into upcoming weather condition. The overall use of the cloud for agriculture not only helps the farmer and consumer but also helps the environment by limiting precisely calculating the exact amount of fertilizer or potentially harmful chemicals used in the process.