admin The concern over cloud computing mushroomed in 2018 and has caught everyone’s attention. In 2017, the size of the cloud computing was around $130bn. In 2018, the market is expected to grow by approximately 21% compared to 2017.
According to Allied Market Research, the global cloud security market is expected to $8.9 billion by 2020. Unpredictable threats, such as data breaches, data loss, and insecure application programming interfaces (API) can crumble the finance system of a company and increase a legal headache, which in turn, boosts the growth of the cloud security market. By 2020, all the IT industries are expected to become fully cloud-based. This simply indicates the higher investments in cloud solutions. Following are the key trends that are prepare for the coming year.
- Hybrid Based Cloud Solutions
Relocating everything on to a cloud is onerous. Businesses had only options: either they keep all IT services offline in a physical storage or putting everyone on the cloud. Which is the major challenge for almost all IT Organizations nowadays. And the solution over this is Hybrid Cloud. The veritable efficiency and flexibility is the reason why it’s tipped to become the next significant computing platform. Hybrid Cloud has all the solutions to the multiple needs of today’s businesses. It will provide companies that are risk-aversive and with limited capital a chance to transcend their present computation functionalities.
Recently it has exhibited in a research that it requires six different clouds to fully leverage a business’ computing power. Now, these can be an amalgamation of public, private or multi-vendor cloud systems specifically Google, AWS, and IBM. When the cloud adoption rate inevitably rise, the businesses will have to do their daily work on every cloud service and figure out what combination would best serve their requirements.
- Cloud Services
The adoption of Saas, PaaS, and IaaS will going to increase even more. All that’s down to the simplicity that Cloud has to provide. The most expected result in that situation appears to be cloud infrastructure becoming the default web server environment and in turn a powerful force to change the dimensions of both the local a well as multinational firms.
- Quantum Computing
IBM introduced a quantum computer called – 5 quantum-bit (qubit) a couple of years ago to the world, more commonly defined as IBM Q Experience now. Close to 70,000 users globally registered for it back then and that number has increased four times now. The tech giants like Google, Microsoft and Intel are all engaged in a quest to deliver the industry with the first class functionalities. Intelligent AI predictions, Weather predictions, seamless data encryption and finding solutions to complex medical problems are all the challenges we still need to extract. The argument for implementing quantum computing is quite strong. It’s crowned to carry out tasks faster and beyond the capabilities of modern most powerful supercomputers.
- Security
Security is the most important thing to be consider when it comes to technology research and advisory firm Gartner expects worldwide information security spending to reach $93B in 2018 compared to $86.4B in 2017, while its peer IDC expects the global revenue for security technology to reach $101.6B in 2020. With the introduction of the GDPR – General Data Protection Regulation, the priority on security concerns has gone even greater. Gartner makes a telling prediction – 99% of all vulnerabilities to be faced by IT Enterprises in 2020 will relate to security concerns. As early as 2019, small businesses could find themselves threatened with the likelihood of data breach and an inability to keep up with the GDPR’s guidelines. There’s no doubt, the Cloud experts will make advances to make sure everyone is playing on a level-field and that the benefits aren’t for a limited few to be reaped.
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