Cloud computing- Benefits, challenges, and promises

The era of cloud computing has ushered in a transformative approach to information technology, redefining the operational modalities for businesses and individuals alike. With an overwhelming shift towards Software-as-a-Service (SaaS) models, the cloud landscape is proving to be both promising and challenging. This study undertook a mixed-methods approach, surveying IT professionals and interviewing organizational leaders, to gauge the current state of cloud adoption. Our findings underscore the dominance of SaaS, with security emerging as a paramount concern. Comparative evaluations of major cloud providers further elucidate the nuances in offerings and pricing strategies. As cloud computing continues its upward trajectory, the onus is on understanding and addressing its multifaceted challenges while leveraging its myriad benefits. This paper concludes by highlighting pivotal areas for future research, encompassing hybrid cloud strategies, the amalgamation of emerging technologies, and cloud's role in Industry 4.0.