Cloud computing is a major technology trend that has become a buzzword in business circles. In a recent survey by IBM, 78% of companies said their cloud systems are fully integrated which is a major improvement from the 34% recorded in 2012. Meanwhile, 45% of workloads remain with on-premise solutions on dedicated servers.
You can avail the benefits of Software-as-a-Service (SaaS) platforms by reading detailed Financesonline.com reviews of leading solutions and selecting suitable ones for your needs. The global public cloud services market is predicted to grow 18% to $246.8 billion in 2017 from $209.2 billion last year. This boom is fueled by increasing corporate investments in public clouds as companies seek to integrate their on-premise systems with cloud offerings. As a result, hybrid cloud has become a preferred choice of innovative companies. Now, let’s take a look at the top cloud computing trends that are expected to rule the roost in 2017 and beyond.
Big data has become a major technology buzzword as companies look to analyze the tons of data they collect to get actionable insights from it. Cloud analytic apps are fueling this trend as they enable users to sort, store, and analyze data using automated processes. As a result, businesses expect to get deeper insights from the data with which they can make smarter business decisions.
The growing sea of data accumulated by companies is often unusable and remains “dark”. Cognitive cloud solutions are helping businesses to make use of this “dark data”. These systems can learn, reason, and understand. Cognitive cloud solutions are thus expected to provide new experiences in a range of industries including airlines, healthcare, retail, and financial services.
Cloud without Servers
Cloud systems and capabilities mainly use server storage. But now, serverless cloud is being developed which means vendors can save costs on server maintenance resources such as network infrastructure. This is expected to reduce overall operating expenses. Besides lower cost, the other main advantage of serverless cloud computing is reduction in development time.
Reliable security is a major concern for potential cloud adopters. However, security for web-based solutions is expected to improve this year as companies are developing in-depth answers to major cloud security questions. This is expected to boost the cloud services market as more businesses will be convinced that cloud systems are indeed safe and secure.
Another trend is cloud vendors are utilizing cognitive capabilities to convert security loopholes into strengths. These solutions are designed using security intelligence and they generate hypotheses, reasoning based on evidence, and recommendations to improve decision making. For these reasons, cognitive security is expected to resolve skills gap, speed up responses, and reduce the complexity and cost of tackling cybercrime.
More Secure Transactions
In addition to better security, transactions made using cloud systems will also become safer. This is because encryption measures are becoming more sophisticated which makes it harder for hackers to crack the data passing through web-based networks. Thus, consumers can safely carry out financial and purchase transactions on cloud networks.
Use of Blockchain Technology
Blockchain is an exciting peer-to-peer technology that promises to transform personal and business transactions. It is a reliable distributed ledger that is made secure by sophisticated cryptography. For this reason, it is considered a fail-proof system. Only selected participants can access the transaction details and each person is only allowed to see the data they are permitted to view inside a transaction.
Of late, a lot of companies and businesses are opting to use cloud blockchain technology. In fact, experts estimate that use of blockchain to improve global supply chains can help to improve efficiencies and save greater than $100 billion annually. The best blockchain systems are broadly accessible, easily scalable, and usable as cloud solutions or APIs.
Widespread Migration to Cloud Systems
Cloud is no longer considered a vague technology that could be understood only by IT experts. Today, businesses are expressing a keen interest to know about the advantages of cloud solutions and researching ways on how they can profitably migrate their IT infrastructure to the cloud. The IT units of technologically savvy companies are actively planning and executing their cloud strategies to move into the digital age.
As more organizations migrate to the cloud, they need to transform more than technology. Businesses and IT developers need to embrace a changing culture that prioritizes collaboration and user experience. They need to experiment freely to develop innovative ideas about how they can make the best use of their cloud infrastructure.
Innovative companies are developing smart devices and apps to make the most of cloud technology. Cloud-based systems are becoming simpler yet smarter. Their growing power is therefore attracting more and more businesses. Feel free to share your feedback on this article as well as any other cloud computing trend you may have read about recently.
Ronald is a digital marketing specialist who has been working with a B2B company. Over the years, he has developed a keen interest on small business trends because of the nature of his work. You can find him on LinkedIn and Twitter.