We all know that data is being created at an all new level and with estimates that by 2025, the data will raise to a humongous volume of 163 ZB, the concern to handle it has risen. Big Data requires more and more space to be stored, the solution to which is only being seen in cloud computing.
Owing to this, IT companies are gradually shifting from hybrid cloud environments to fully cloud based data storage solutions. This is also going to help a lot in simplifying IT infrastructure and management, accessing data easily from anywhere in the world, and reducing costs.
Another reason why companies are investing heavily in cloud computing and will continue to invest is the advent of new technologies that undoubtedly are going to bring many benefits.
There are some other intriguing predictions and statistics that must be noted well by anyone interested in cloud computing. Here is a glimpse of all of them.
With the growth of cloud, cloud based services and solutions will also see a huge growth. Some of the already popular services that account for a large portion of IT expenditure are IaaS, PaaS and SaaS.
The cloud based storage is also expected to increase and become a lot cheaper. Companies are going to invest heavily in cloud storage or infrastructure in the cloud and accordingly, the data stored is also going to increase. This will help small organizations to benefit from the cost efficiencies of the cloud while large organizations will be able to analyze and fetch insights from the stored data to improve business performance.
Evolution of the Internet of Things (IoT)
Cloud enables connected devices such as mobile phones, TV and car to communicate with each other. With the increasing interaction, the cloud usage will continue to increase. Also, the amalgamation of IoT and Artificial Intelligence is paving the way for more innovations and complex analysis. The coming years will also see companies evaluating the use of machine learning to enhance their operations and improve operating results.
The Development and Delivery Process Being Restructured
With cloud computing and the need to improve the overall throughput increases, the pressure to improve application delivery time to eliminate inefficiencies will increase.
Security may remain a Challenge
Though security is the topmost concern among cloud adopters, it is still seen as a challenge by many. Such concerns have refrained some CIOs from using public cloud services.
As predicted by Gartner, by 2020, 95% of cloud security failures will arise due to customers’ faults. Thus a need to build smart strategies for public and hybrid cloud security arises.
Demand for High Potential Talent
Owing to all of the above trends, a need for high potential talent will arise. The organizations are understanding the critical nature of technical skills that are required to pull off the above-mentioned trends and hence the importance of having the right skills on board has emerged. This is going to make a huge difference between future success and failure.
Pro Tip: To fast-track, your learning about cloud computing certifications, consider Updated Cloud Computing Training Courses.
The skills that will be emphasized upon are related to application design and operation as well as specific technologies like machine learning, IoT hardware and real time event processing.
According to statista, as of January 2018, 27% of companies indicated that lack of resources or expertise for cloud computing imposed a risk to cloud adoption.
Also, as per Spiceworks, 70% of large enterprises are going to hire more IT pros in 2018.
Other Major Predictions
Here are some predictions for the year 2018 done by Forrester, a major market research company.
- The total public cloud market will jump to $178 billion in 2018, up from $146 billion in 2017. Also, public cloud platforms will be able to generate $44 billion in 2018.
- The major giants that are expected to fetch the maximum revenue are AWS, Google and Microsoft. They will capture 76% of all cloud platform revenue in 2018 that will rise up to 80% by 2020.
- More than 50% of enterprises will be adopting cloud applications, platforms and services in order to drive dthe igital revolution by the end of 2018.
Looking at all the above predictions, it is quite evident that the future of cloud computing holds a chance for a huge technological breakthrough for the companies. The scope of cloud computing has gone beyond imagination and thus, there is a need to stay up-to-date with the latest trends and developments.