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Cloud Computing is a burgeoning concept in the modern digital world. Be it a normal user or a techy, and everybody now has heard this concept. And like others, you are also aware of the benefits of Cloud Computing.
Right?
As per the figures from 451 Research, 90% of companies are now using some kind of popular cloud service.
You will be wondering how the latest Cloud Computing trends have enabled businesses to reach their goals in a significant way? How has it been digitally turning the way people interact and operate in an environment?
An innovative platform in the field of storage and hosting, cloud services have dramatically reduced the cost of owning tools while enabling scalability for your business.
Moreover, there are emerging cloud computing trends and technologies that companies will be leveraging to innovate and grow. In this blog, we will talk about cloud computing future trends and the innovations transforming the business landscape this decade.
What is Cloud Computing – A Brief
Source: Radisson Global UK
Simply put, cloud computing is all about on-demand computing services over the internet. Here users can rent everything, including Software, applications, servers, data, and more, from the cloud service provider, on a pay-for-use basis.
Flexibility, increased efficiency, lower operating costs, innovation, and scalability are a few key benefits of using cloud computing for your business.
Google Photos is a popular example of a cloud-based tool that lets you store photos and videos taken by your phone. It’s a powerful media backup that helps free up space on your mobile device.
The public cloud services market in 2020 is forecasted to reach around $257.9 billion in size, and by 2022 market revenue is forecast to surpass $364 billion.
Now you have got some idea of cloud computing. Want to know the best AWS Cloud Service providers?
Numerous cloud service providers out there, but Amazon Web Services (AWS), Microsoft Azure, and Google Cloud are on top.
Why Cloud Computing is Important For Your Enterprise?
As per the prediction of IDC, by 2020, 67% of enterprise infrastructure and the Software will be for cloud-based products and services. Soon, it will be the default for innovative companies to embrace the Cloud.
Why is cloud computing important for your business? Why are more and more companies choosing cloud computing? These are a few important questions for modern enterprises, startups, and professionals.
Source: Wall Street Journal
Convenience and cost-effectiveness are the key reasons companies adopt cloud computing. It has many useful functions applicable to any type of organization to increase its capacity.
Further, it allows multiple users to work and share data at the same time. Cloud computing also enables quick analysis of data owing to its powerful processing capabilities. With all such aspects, the demand for new cloud-based solutions is increasing day by day.
Latest CLOUD COMPUTING TECHNOLOGY TRENDS
Some latest technology in cloud computing has profited the business up to much extent. Moreover, Cloud Computing has made tremendous advancements with emerging technologies such as Artificial Intelligence, the Internet of Things, Blockchain, Edge Computing, and Virtual Reality & Augmented Reality.
Image Source: elnfochips
Let’s take a close look at these breakthrough technologies that work really well in Cloud Computing, unlocking new features and increasing capabilities for businesses:
Cloud Security
Cybercrime increased by 630% in the last quarter of 2019. Senior executives believe security and compliance are major barriers to realizing how the cloud can benefit organizations, with 65% claiming it is their number one concern!
Spreading workloads across various providers creates an extra challenge when faced with managing risk at heart because no single provider has all your information on its system, which poses another problem: who will monitor what if something goes wrong?
The solution lies not just in better cybersecurity practices but also in ensuring a reliable service from vendor A before asking them about B’s capabilities or choosing differently next time around – whatever comes first.
A growing response to these concerns has been the acquisition of cloud security access brokers (CASBs). CASB’s are software that operates between your organization and platforms for accessing data in a secure manner, using measures like centralizing governance with an ironclad grip on all aspects of protection.
Unfortunately, only 50% percent of organizations have adequate systems managing their application usage, which poses an adverse effect when it comes down to protecting against cyberattacks or other potential risks involved, specifically around this type of technology!
AWS cloud is one that has been appreciated for its security provisions. If you want to leverage its potential for your enterprise, you can connect with an AWS cloud consulting company with the required expertise.
Also Read: AWS vs Azure vs Google Cloud: Which Platform Is Best?
Hybrid Cloud
With a multi-cloud approach, businesses can take advantage of the differing allowances in both public and private clouds. Hybrid strategies are focused on using both types of infrastructure for targeted benefits that align with its users’ needs – increased scalability while still maintaining higher cost efficiency than if they were solely relying on just one type.
A well-designed hybrid system gives businesses more flexibility when scaling up or down depending upon what’s needed at any particular time; it also has features like faster reaction speeds thanks to being able to draw power from both sources simultaneously without sacrificing security concerns about where data resides (private vs. public).
In the current market, it is predicted that 87 percent of enterprises have already adopted hybrid cloud strategies, and an estimated growth rate of 17% has been placed on this industry. The result is a valuation nearing $100 billion by 2023, with high expectations for future success in coming years!
Cloud Automation
Many enterprises are turning to automation as a means of simplifying the management of their public, private and hybrid cloud environments. Cloud agnostic tools like Terraform allow organizations easy access for developing identical infrastructure securely across platforms.
This is an amazing feature when you need multiple clouds seamlessly synced together without any manual intervention or coding knowledge required on behalf of your company’s IT team members!
Image Source: vmwarelab.org
In a world with so many clouds, it is imperative for businesses to be able to compare the performance and make more informed decisions. Dashboards can do this by providing analytics that gives organizations an idea of how their various services are performing in real-time;
But they also need access data from all over your company’s infrastructure-including onsite servers as well as cloud solutions like AWS Fargate instances or Microsoft Azure public/private Clouds.
In today’s post- multi-cloud era where companies not only rely heavily upon technology, such dashboards’ key metrics will become even more important. This cloud computing solution is a great solution that yields great results.
Data Fabric
The cloud has the potential to change how we think about data storage, in a world where security, optimization, and interpretative services require interoperability with different locations of type or sources for information-in other words, “a string that connects separated pieces.
It becomes easier than ever before to store your largest assets offsite in an easily accessible format from anywhere at any time without fear they’ll be compromised by hackers downtown who might want access to only one particular aspect (or even just part)of what you’re working on now think.
Image Source: Scalefresh.com
By 2022, 90 percent of organizations will be using information as a critical organizational asset. To gain access and security to data across clouds providers, an organization needs centralized frameworks like Data fabrics which employ APIs for seamless cross-cloud collaboration on consolidated insights into operations.
This reduces vendor lock-in by providing unified service options from one provider; allowing enterprises can leverage them all within their infrastructure rather than duplicating efforts elsewhere, such as with less advanced cloud solutions that may not meet current business demands or offer sufficient features compared with those offered today – also known as “vendor Sovleware.”
Artificial Intelligence (AI)
Artificial intelligence has seen massive growth in the past few years, and in combination with other modern technologies such as Cloud it gives countless opportunities to industries.
Businesses demand AI solutions, including deep learning and machine learning from cloud companies. Here cloud-based AI plays a major role, enabling enterprises to innovate, scale, and grow.
It empowers companies to extend their capabilities in a cost-effective way. Excellent computing and storage features make cloud-based AI an ideal solution for any kind of business.
DevOps
DevOps and Cloud together offer leading solutions. The terrifying majority of cloud development employs DevOps to offer impactful services. The advantages of using DevOps with Cloud are speedily increasing, that’s why developers prefer to use both together.
Cloud computing provides DevOps automation with a standard and centralized platform for testing, deployment, and production.
Internet of Things (IoT)
Most of the IoT devices are already utilizing the cloud to connect these systems and generate useful data on the habits and patterns of users. You might know this, each major cloud platform offers an IoT solution, that’s why multiple companies have started ameliorating their existing apps with IoT connectivity.
IoT technology generates humongous amounts of data that need to be stored in cloud storage or cloud-based applications.
Edge Computing
Edge computing greatly supports IoT applications by providing increased processing power and fast response. It has an excellent ability to process and store data while reducing latency.
Edge computing is critical because it generates new and improved ways for the enterprise. It is used to maximize operational efficiency, enhance performance and safety, automate all core business processes, etc.
As a result, edge computing helps create businesslike applications for companies. By integrating edge computing with cloud computing, businesses can unlock new possibilities in this modern digital world.
Blockchain
Blockchain technology has benefited various sectors, including banking & finance, logistics, healthcare, and more. It can be effectively applied to any industry involving the tracking of digitally-recordable transactions. Improved transparency, traceability, and security are the core factors that make this technology crucial for businesses.
Today, major cloud service providers are making it easy for enterprises to adopt blockchain technology, which is a perfect fit for cloud solutions. With the cloud, all sorts of organizations can leverage the benefit of blockchain, such as large-scale data analysis, and data security.
Virtual Reality (VR) and Augmented Reality (AR)
When it comes to improved customer experience, applications of Virtual Reality (VR) and Augmented Reality can be effectively applied. But it requires appropriate computing resources such as the Cloud, which has the capability to deal with AR/VR applications.
Cloud tools make it easy for developers to create, test, and deploy these applications. Using the Cloud in combination with AR/VR, companies can offer impressive experiences to their customers, along with meeting the core business purposes.
Source: Verdict
Microservices
Microservices are software architecture, collections of various independent services. Each service has a definite business focus and interacts with the other language-agnostic etiquette, such as REST.
The microservice architecture allows the speedy, frequent, and guaranteed delivery of large, complex applications. When microservices are combined with Cloud computing, it offers amazing functionalities and enhances app performance.
Containers
Containers are a sort of operating system (OS) virtualization. A single container might be utilized to run small microservice or larger applications. Containers hold various elements such as files, libraries, and environment variables required to drive desired Software.
The Rightscale State of the Cloud 2019 stated that 66% of companies adopted containers. Similarly, 60% adopted Kubernetes, the container management system created by Google.
ALSO READ: AWS VS AZURE VS GOOGLE CLOUD: WHICH PLATFORM IS BEST?
Serverless
Serverless computing is a cloud computing performance model in which the cloud provider handles the server and dynamically controls the allocation of machine resources.
It offers lots of benefits, that’s why nowadays enterprises prefer to use it. It can alter the way you do work in your business and empower it to be brisker and faster.
Omni-Cloud
Omni-cloud computing makes the application more robust and portable. It also offers top-notch connectivity; this allows multiple platforms to streamline their data.
Quantum Computing
Quantum computing focuses on building computer technology based on the origins of quantum theory. This describes the behavior of energy and material on the atomic and subatomic levels. Classical computers that we employ today can only encode information in bits.
Kubernetes
Kubernetes is an open-source container orchestration system for automating computer application deployment, scaling, and management. It was designed by Google and is now managed by the Cloud Native Computing Foundation.
Which Famous Applications are deploying the latest Cloud Computing technology?
Several applications are there which are using Cloud computing. Seeing the increasing benefits of cloud computing, most companies prefer to use this in web and mobile app development projects. View a few famous applications that are employing Cloud Computing.
- Chatbots: Alexa and Google Assistant
- Communications: Skype, WhatsApp
- Business Management: Salesforce, Hubspot
- Social Networking: Facebook, Twitter
- Entertainment: Netflix
Conclusion
With the promising technologies explained above, Cloud Computing has a flourishing present and future in the business landscape. It is one of the best areas where other emerging technologies can be blended to create sustainable business environments.
Today, most companies are adopting a cloud solution as it offers innovative ways to grow and develop in the future. Suitable to companies of all sizes, cloud-based applications will continue to play an important role in the field of technological advancements. We offer Google App Engine Development services to make app deployment scalable and seamless.
Do you need a cloud computing solution for your next project? Or do you want to expand your business capabilities in a cost-effective way? We at Value Coders can help you with this.
Our advanced AWS cloud service efficiently meets your comprehensive business requirements. We have a strong team of cloud professionals who provide you with scalable, flexible, and reliable cloud-based applications in a time-bound manner.
With impressive AWS and Azure cloud services, we deliver an end-to-end solution for your unique application needs.
Nice blog. I agree the companies around the world are embracing cloud as the key enabler. IT professionals with multi-cloud skills to have higher demand in 2020.