The Future of Cloud Computing

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The Future of Cloud Computing

Posted 23 March 2021

Over the last few years, there has been major growth on Cloud computing and Cloud storage. Services such as Microsoft Azure, Amazon Web Services, and Google Cloud, are not new ideas, but their abilities are only now beginning to be realized as they continue to advance. 📈

Today, we can connect everything digitally to Cloud computing, but there is also a whole future of development which lies ahead. The Cloud has many great features already, which makes its future even brighter in the tech sector.

By analyzing the current trends and usage, we’ve put together our predictions for Cloud computing and how this will greatly benefit many businesses. ☁️

Increased Storage Capacity at Cheaper Rates

Cloud-based storage is likely to increase and become cheaper as more businesses adopt its services and competition between cloud providers grow. As the price falls and storage increases, Cloud computing solutions will become more attractive, especially to startup businesses on a tight budget. Plus, with pricing usually on offer before you make a commitment, your IT budget to experiment all the latest technology can be planned in advance. 💸

Speed

Traditional infrastructure usually takes weeks or months to allocate the right resources and is not good at keeping up with the speed of market changes. However, Cloud resources can be obtained in less than an hour and provide that enhanced performance businesses are continuously looking for. Users expect high-quality fast-loading services and applications, and the future of the Cloud will continue to provide a faster network with the ability to receive and deliver data quicker than ever – putting your business ahead of the others who are using outdated applications. 🏃‍♂️

Security

Cyberattacks continue to disrupt our way of life with innovative new approaches, and although these approaches will continue to advance, so will the security of Cloud computing. The data which is stored in the cloud is secure but not fully and fewer than one-third of companies (31%) are as comfortable storing data in the cloud as they are on-premises (Spice Works). However, breaching the security measures on clouding platforms is difficult. Cloud storage companies offer password-protected data storage and data is then sent over the internet using encryption technology. Cloud computing ensures the highest standards of security are upheld and are continuing to find ways to make this even safer for the future. 🔒

Innovation

According to Garter Inc, Cloud computing has become a necessary catalyst for innovation for businesses. Analysts recommend that IT leaders continually adapt their IT strategy to suit the cloud (Garter Inc). Many of the Cloud services are already extremely popular and show no signs of slowing down with software, platform and infrastructure as a service (SaaS, PaaS and Iaas) are all predicted to account for a larger portion of IT expenditure. It is predicted Cloud Computing will be one of the leading technologies as the software as a service solution will account for more than 60% of the workload. Platform as a service and infrastructure as a service are said to increase gradually as it has been used in most organizations. 👩‍💻

Summary of the Future of Cloud Computing

The future is bright for Cloud computing, with analysts predicting the market reaching 297.54 billion dollars by 2027 (Trust Radius). As businesses continue to seek the most advanced and cost-effective ways to accomplish their goals, they also seek the easiest ways, and since Cloud Computing is user-friendly and compatible for both new as well as old organizations, the attraction continues to grow. Cloud computing can open a whole new world of jobs, services, platforms, and applications, so it’s no wonder why Wikibon predicts applications like AWS alone will reach £32b ($43b) in revenue by 2022 (Telehouse). Relying on outdated, legacy applications is soon to be forgotten as almost every significant innovation such as blockchain, artificial intelligence, AR/VR, robotics, and IoT rely on Cloud computing technology. It is not just the storage, cost, security, and speed which make Cloud computing so popular, but also the technology which will eventually evolve and replace all applications over time, making it an incredible option for both businesses and individuals. 💫

If your business is struggling to attract top cloud engineers then get in touch to discuss your hiring needs with UMATR and how we are able to help. 🍕​

☁️☁️☁️☁️🚀☁️☁️

Resources

https://www.telehouse.net/blog/the-future-of-cloud-computing/

https://serverspace.io/about/blog/is-cloud-computing-the-future/

https://www.trustradius.com/vendor-blog/cloud-storage-statistics-and-trends

https://www.gartner.com/en/newsroom/press-releases/2019-11-13-gartner-forecasts-worldwide-public-cloud-revenue-to-grow-17-percent-in-2020https://www.spiceworks.com/marketing/reports/storage-trends-in-2020-and-beyond/

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