This article is all about the future of cloud computing. But before moving ahead, let us understand more about cloud computing.
Cloud computing is the process of delivering IT resources on-demand over the Internet. The user pays only for the resources used, they don’t need to invest in buying, hosting, and maintaining physical data centers and servers.
The service provider offers access to various technology services like computing services, cloud storage, and databases that can be used whenever required.
In simple words, cloud computing is the delivery of computing services like servers, storage, analytics, networks, databases, and software over the internet.
Read our article on Cloud Computing to know more about Cloud Computing These computing services promotes innovation, improves resource flexibility and offers cost savings.
A user has to pay only for the cloud services that help reduce their operating costs and improves infrastructure management. Cloud computing is highly scalable one can scale the services depending on the business requirements.
Statistics show that most companies have already moved to the cloud. Over 80% of large corporations are already using cloud computing and the number is expected to reach 90% by 2024.
Before we go ahead and learn about the future of cloud computing, let us take a sneak peek at its history and its growth.
By 2013, The Worldwide Public Cloud Services Market reached £78bn. Cloud services became the world’s fastest-growing market service.
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First cloud computing step made by Salesforce on January 1, 1999.
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Amazon joins the cloud race On June 5, 2002.
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Dropbox offers a file storage solution on Jun 5, 2007.
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Google enters the race, the competition toughens with the launch of the Google App on Dec 6, 2008.
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Microsoft joins the race on Feb 2, 2010
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Followed by IBM in late 2011
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By 2013, The Worldwide Public Cloud Services Market reached £78bn. Cloud services became the world’s fastest-growing market service.
With the immense growth, this industry has seen it is indisputable that it has a very strong future. Let’s see what the future of cloud computing will bring in the following years.
Growing future of Cloud Computing
Cloud computing continues to grow and is expected to do so in the future. The low-cost infrastructure for enterprise solutions combined with high-value services has increased the demand for cloud services over the years.
Additional benefits like scalability, mobility and improvement to business insights contribute towards its growth.
1] Higher Security
Most organizations that have already adopted cloud computing in their business, do not take the security of data or networks seriously. One of the key aspects in the future of cloud computing is higher security.
With the growing dependency of most companies on cloud computing, the issue of safety needs to be addressed on a priority basis. Cybercriminals are always looking for an opportunity to steal data or corrupt it.
Cloud computing involves a large amount of data hence there needs to be more focus on reliability and security. All the stakeholders are equally responsible for the security of the data and network.
In 2018 with the introduction of the EU’s General Data Protection Regulation (GDPR) most of the cloud computing providers have already started recognizing the security risks involved and have started taking measures to be GDPR compliant.
2] Hybrid cloud and Multi cloud strategies will gain importance
A prediction by 451 research stated that by the end of 2019, 69% of the enterprises would have multi cloud or hybrid cloud IT environments. A complete cloud transformation is not easy for some organizations.
At the same time having a multi cloud strategy allows organizations to utilize their on-premises servers or private clouds for storing very sensitive data. The remaining less critical workloads are hosted with a public cloud provider.
A hybrid cloud solution includes a mix of the private and third-party cloud for evenly distributing the storage data.
3] IoT (Internet of Things)
During the last few years, the most discussed subjects have been artificial intelligence, machine learning and the Internet of Things. Today IoT has brought all the users under one network enabling us to communicate with each other using any device connected to the network.
Cloud computing can be leveraged by IoT devices as it offers high speed, performance and flexibility. Moreover, it also offers ample storage space for keeping the data safe, finding resources and sharing information between users.
Other than IoT another phenomenon that may be in demand in the future is IoE (Internet of everything). IoE allows users to interact through devices connected to a specific network. This concept is evolving but has raised concerns about data privacy.
This has led to the emergence of the new term “IoT security”.
4] Huge Growth of Data Storage Capacities
With the growing popularity of cloud computing more and more enterprises have started preferring to store a huge amount of data on the cloud. The future of cloud computing looks at a huge growth in data storage capacities.
Improved storage technology will help attract new enterprises and there are chances that with the rising competition between cloud providers, the cost of data centers will reduce in the future.
5] Flourishing Businesses
As we know cloud computing is mostly aimed at businesses, hence with the growth of cloud computing in the future we will also be able to see the businesses flourishing and growing.
With the improved levels of data storage and security standards, users will also expect better and faster connections from the network providers. Subsequently, this will lead to an increased demand for responsive and fast-loading applications and services.
The businesses that catch the wave at the right time will quickly try to upgrade their PaaS, SaaS, and websites to make them more responsive and user-friendly.
Final words
Since its inception in 1999, Cloud computing is fast growing and adapting to the last trends. In the future too, cloud computing is expected to gain pace and become one of the most dependable and advanced technology for data storage. Cloud computing is popular for its mobility, security, and easy availability.
It’s predicted that in the near future cloud computing is expected to take a big jump helping businesses flourish and expand.
Integral Choice is the leading provider of cloud solutions for all types of businesses.
By integrating cloud solutions with business practices a business can ensure usability and accessibility for its employees. We at Integral Choice can offer a wide range of cloud solutions for your business. Get in touch with us to learn more about how we can help.