Cloud computing or Cloud based data storage in Pakistan:
Cloud computing or Cloud based data storage is applied to provide the service of storing the data, and hosting the different applications and infrastructure as per the needs of customers. It provides cloud services to keep data publically, privately, and mixed approach.
Timeline of Cloud computing:
Cloud computing or Cloud based data storage is gaining popularity. A short timeline of this technology in the context of Pakistan is discussed in this article.
2011: Microsoft launched Windows Azure. It is a cloud platform that can be used by organizations to fulfill their requirements relating to computing and storage.
2013: Amazon Web Services (AWS) introduced direct connect service in Pakistan.
2015: The Pakistan Software Export Board (PSEB) signed a MoU with IBM to introduce the Cloud-based Entrepreneurship Development Centre (EDC).
2016: Huawei launched Cloud Services in Pakistan to deliver the following cloud services: computing, storage, and network resources.
2018: Google plans to open a data center in Pakistan for commercial organizations.
2019: Jazz introduced Jazz Business Cloud service to small and medium-sized enterprises (SMEs).
2020: Pakistan’s National Information Technology Board (NITB) signed a MoU with Microsoft to collaborate on cloud computing or Cloud based data storage in the country.
Cloud computing or Cloud based data storage in Pakistan Insurance companies are making plans to switch to cloud computing to improve operations, reduce costs, and enhance their overall customer experience.
Advantages of Cloud Computing:
There are the following advantages of cloud computing in the insurance industry:
Data storage and management: Insurance organizations generate data for the following elements: policy details, customer information, and claims data. This data can be stored, managed, and secured on a cloud platform.
Customer relationship management: It assists in the customers’ interactions, identifying customer needs, and providing personalized services.
Claims processing: It helps in the settlement of the claims due to the automation of the manual processes.
Analytical and reporting: It assists in analyzing the data in real-time to improve their operations and decision-making.
Overall, Cloud computing or Cloud based data storage is assisting the insurance companies in Pakistan to smooth their operations and improve their customer experience. By 2030, the Saudi project NEOM called Smart City, where IoT, AI, and cloud computing or Cloud based data storage will be deployed, Likely, Dubai smart city will be built on the basis of cloud computing infrastructure until 2030. London Smart City aims to transform urban living by using tech-driven solutions. This will create jobs for tech-related professionals and the economy.
