Gartner projects that the Indian public cloud market will expand 29.6% between 2021-2022, reaching $7.3 billion by the end of 2022. As remote work has become the norm over recent years, every organization is forced to utilize cloud platforms in innovative ways.
Businesses embracing cloud technology to remain flexible during these uncertain times should adopt this form of computing in order to remain in business, reduce costs and facilitate future expansion.
1) Hybrid And Multi-Cloud Deployment
According to IDC data, by 2021 over 90% of organizations will opt for hybrid solution architectures that combine on-premise storage, multiple public clouds or legacy systems into a cohesive whole. Businesses increasingly realize they cannot rely on just one cloud platform or data management solution alone.
Companies should instead leverage multiple cloud deployment options that complement each other. By 2023, many firms will need more than just one provider for hybrid or inter-deployment deployment to get the best out of each option available to them.
Hybrid cloud architecture blends public and private clouds for specific firms like an insurance company or bank that use important data in their operations, like an insurance provider or bank. Multi- and hybrid-cloud deployment will become the dominant form of cloud computing by 2023 and beyond.
2) Edge Computing
Edge computing offers increased privacy, safety, speed, and efficiency for businesses. Businesses may use edge computing to streamline operations, automate processes, enhance performance and speed digital transformation – edge computing will likely remain one of the most prominent trends for 2023 cloud initiatives.
Gartner research predicts that by 2024, most cloud-based applications will contain distributed cloud services running at the edge. According to IDC estimates, by this same date the global edge computing market will have reached $250 billion with an 12.5% compound annual growth rate.
3) Native Cloud Apps
An increasing number of businesses are turning to cloud-native apps as a solution, as these programs are built to resist significant modifications while simultaneously simplifying creation, development and maintenance for enterprises.
Cloud-native applications give businesses the flexibility to constantly update, add features, and enhance the apps for customers and users. Furthermore, cloud-native apps are easier to implement with fewer suppliers and staff required for deployment, which has resulted in significant savings on IT expenses.
Utilizing cloud-native applications may help organizations become more adaptive, flexible and customer-oriented, serving as the hub of modern IT. A recent Capgemini poll discovered that 32% of newly released commercial IT apps are cloud-native proving this theory.
4) Cloud Resiliency And Security
Migration to the Cloud presents businesses and organizations with unique cybersecurity challenges. Although cloud migration offers numerous benefits and efficiencies, including greater efficiency and convenience for customers and employees alike, more standards regulate how data should be managed which puts businesses at risk of penalties or losing consumer trust.
Next year will see an increased focus on investing in computer security to protect businesses against data theft and pandemic-induced trade disruption, so cyber security measures and planning for data loss as a result of global pandemic will become even more vital than before in cloud computing services.
Even as many businesses attempt to reduce expenses in preparation of an economic downturn, their focus will likely shift toward finding cost-effective strategies for maintaining cyber security. By 2023, businesses may turn increasingly towards security-as-a-service providers, machine learning (AI), or predictive technologies as ways of detecting threats before they cause trouble.
5) The Cloud That Utilizes Machine Learning And AI
Since businesses may lack the resources to set up their AI infrastructure themselves, cloud-based AI and machine learning (ML) solutions may be more appropriate. You would benefit from having plenty of computing power and storage capacity available for data collection and algorithm training purposes – renting such amenities may prove more cost effective than purchasing them outright.
Cloud providers are quickly turning to AI for an array of tasks. This includes administering vast networks that supply storage space to their customers, overseeing chilling and electricity systems in data centers, as well as offering clients cyber security measures to keep their information safe.
6) No-Code Or Low-Code Cloud Services
People are becoming increasingly attracted to systems and techniques that allow anyone to develop applications and use data to solve problems without writing computer code. This category includes low-code and no-code solutions used across disciplines for creating websites, web apps and digital products for businesses – such as AI/ML capabilities – much easier. Low-code/no-code solutions will become a cloud computing trend by 2023.
7) The Expansion Of Cloud Gaming
Thanks to the Cloud, we now enjoy watching movies and TV shows as well as listening to music via services like Netflix and Spotify. Even though streaming video games may not be as widely enjoyed as they should be, Microsoft, Sony, Nvidia and Amazon all provide streaming video games – although Google decided this year to close down Stadia due to financial failure after investing millions of dollars into it.
Network issues impede video game broadcasting. Since games require more bandwidth than music or movies, broadcasting only possible for those with access to high-speed internet – which still only represents a minority of people.
8) Blockchain
Blockchain Blockchain technology creates an immutable digital ledger capable of tracking data without the need for a central authority, revolutionizing data tracking but raising scalability issues when dealing with and storing large amounts of information. Businesses will continue pushing its limits as blockchain works so well – one of the major advances in cloud computing may well involve using it or its components.
9) IoT (Internet Of Things)
IoT (Internet of Things) is one of the more anticipated future advancements of cloud computing. As an interconnecting technology between computers, servers and networks, this IoT acts as an intermediary, providing data collection from remote devices while streamlining operations for seamless operation. Furthermore, its presence helps make public clouds safer through alarm resolving as well as supporting enterprise-specific security policies.
10) Kubernetes
Kubernetes empowers cloud network managers to use automation to help the ecosystem flourish as it moves closer towards automation. This platform can be customized and developed, managing services and workloads from a central place and running applications from one source.
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