Cloud Computing Adoption Trends That Can Impact Your Business In Post-COVID World
IDC’s Worldwide Whole Cloud Forecast announces that the comprehensive cloud opportunity will excel at $1.0 trillion in 2024 while keeping a double-digit CAGR or compound annual growth of 15.7%.
Due to COVID in 2020, the world witnessed the colossal shift to digital cloud infrastructure to sustain business continuity. Based on the lesson learned in a pandemic, the businesses start opting the cloud technology for its flexibility, scalability, pocket-friendly, and security while inculcating the digitization of IT assets.
Moving forward past the recognized cloud benefits, the upcoming years will reveal insight into its capacities like consistent collaboration, the hybrid infrastructure, service providers’ latent capacity, and practical applications for IoT, AI, Blockchain, and so on.
Here we will show the cloud computing adoption trends by the industry that change the working ecosystem in forthcoming years.
Top 5 Cloud Adoption Trends By Industry 2021
#1. Use Cloud Computing For Automation
Cloud ecosystem brings out the automation that handles hybrid and multi-cloud environments through a consolidated set of processes for agility, robustness, and consistency. As a result, cloud services make IT operations scalable and facile. As well as, the workflows become more reliable by using the cloud as it has improved security and resilience.
Furthermore, Cloud automation helps the next-gen DevOps practices by injecting automation in the infrastructure provisioning and application delivery. Therefore, it is pivotal to get the agility benefits that the cloud offers.
Automation software has held a prominent position for several years, according to a Statista report. Still, it is increasing, and cloud-hosted software is expected to grow at a compound annual growth rate of 9.4 % between 2018 & 2023.
#2. Analytics And Cloud Business Intelligence (BI)
We already heard that – Data is the new oil. Nowadays, it has become the most valuable asset for any organization. Analytics is the perfect platform for clearly expressed results from data, and the cloud computing environment makes it possible. Moreover, the cloud has the power to empowers organizations to re-envision Business Intelligence (BI) & Analytics platforms.
The Business Intelligence in the cloud reduces the total cost of ownership because there is no expenditure on hardware or software setup costs. With the benefit of development, simplicity, scalability, and mobile-friendliness, cloud-based BI solutions can ramp up organizations’ growth.
Do you know? 54% of enterprises show interest in cloud business intelligence as their current and future strategies, as per Forbes.
#3. Distributed Cloud Computing Adoption
As per the Gartner report, the future of the cloud is the distributed cloud. Today, all the prominent cloud service providers had a distributed presence. It helps them to make their services available to the end cloud users. On the other hand, the “micro-data centers” would be built for a location with more users. As a result, it generates the cloud service points that will deal with the temporary requirements. Therefore, the components that bring public cloud services will house near the ends of the need to fulfill the low-latency requirements of apps that use them.
By doing this, the applications can run straight from the cloud providers’ native services without establishing new infrastructure altogether. These rapid growths of cloud service points are related to edge computing. Today, enterprises use edge computing to seek near-instant access to data and computing resources to cater to customers’ needs.
#4. Multi-Cloud And Hybrid Cloud Strategy
As per new research of Forrester, the global public cloud infrastructure market will boost 35 % to $120 billion in 2021.
The multi-cloud strategies will strategically focus on three aspects – Functionality, Procurement, and Risk Mitigation. Today, implementing a Hybrid Cloud strategy is one of the major cloud computing adoption trends by industries to capitalize on different cloud vendors’ potential and strength. Furthermore, cloud enthusiasts claim that the increment in cloud deployments is due to enhanced cloud-native development and infrastructure.
#5. Role of IaaS And Managed Service Providers
Infrastructure as a Service skill will become more critical than ever before cloud migration. The faulty IT compute resources deployment can cause permanent damage to your data and create delays in the cloud migration process. Apart from this, the “lift-and-shift” model has got much traction. However, the failure chances have increased along with latency and performance issues with this technique.
To overcome this situation, the enterprises will collaborate with managed service providers to ensure a successful migration as they possess expertise and experience. As a result, it is estimated that the global market for managed IT services will reach $256.5 billion in 2021.
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Final Say
The deadly coronavirus pandemic has accelerated businesses to move to the cloud to maintain business continuity. No doubt, in the upcoming years, the cloud will comprehensively become the backbone of the data-driven and application-based technology environment.
From startups to large enterprises, every organization has realized the power of cloud computing in 2020. And in the forthcoming years, everyone is focused on the cloud computing adoption trends strategy.
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