Cloud Computing: The Digital Shift 2.0 – Understanding the Current Market Trends

How Cloud Computing Trends are Changing the Face of Global Businesses

Cloud computing trends

Cloud computing has become indispensable to IT businesses, for its bundle of advantages. The driving force behind the plethora of cloud migration services available in the market today, this advanced computing method has been proven to greatly reduce business expenses. Additionally, with superior flexibility in terms of scaling up or down, this computing service empowers businesses to control traffic based on demand. 

As cloud services continue to evolve, business owners must stay abreast of the emerging cloud computing trends. 

Gartner predicts that by 2025, companies will have deployed 95% of their digital workloads on cloud-native platforms.

In 2022, businesses must leverage newer cloud deployment models like Hybrid and Serverless. Moreover, enterprises are now interested in using the cloud for more than just storage, and instead for the extraction of key data insights, while also introducing automation solutions for increased efficiency. Cloud migration service providers are also providing advanced security and compliance features, as security is being seen as one of the highest priorities of this service.

Let’s dig deeper into the newest cloud computing trends that are taking global businesses by storm. 

1. Advanced Delivery Models

Hybrid Model

With a combination of different delivery models like public, private, and dedicated, a hybrid cloud ensures support to businesses for specific applications. Bringing everything under one umbrella, a hybrid model reduces the dependency on a single cloud model. It also lets businesses continue with legacy infrastructure and their existing technology. 

The demand for serverless cloud technology is expected to grow by 22.6% by 2026.

Serverless Technology

Functions-as-a-Service (FaaS), commonly known as serverless cloud technology, is an on-demand service where functions with a single purpose are triggered by specific events. This technology meets computing demands through the dynamic allocation of resources by the cloud provider. 

2. Intelligent Cloud Computing

AI

A mutually beneficial relationship between AI and cloud technology indicates that cloud services can leverage the system’s data insights with the help of AI, on the other side, AI becomes more cost-effective for IT businesses due to the reduction of overall expenses in hardware & software.

The market for AI is predicted to gain a valuation of $850.61 Billion by 2028

Kubernetes 

Cloud providers have been heavily focusing on application developing technologies and innovations like containers. 

Highly popular in DevOps, the open-source container management system Kubernetes or K8s helps with the automation of container deployment, operations, and scaling. 

Blockchain

Blockchain has been shown to be a great match for K8s. As a great solution to mitigating Blockchain’s complexity and ensuring a smooth integration in the BFSI sector, the fintech companies are using cloud-native Kubernetes clusters to deploy blockchains.

cloud-native Kubernetes clusters to deploy blockchains

3. Better Security Solutions

Edge Computing (SASE)

An advanced cloud security architecture, Secure Access Service Edge (SASE) acts as a computing network for IT businesses. It facilitates the overall control and management of access and connectivity between the entire IT infrastructure, from applications and services to end-user devices.

SASE serves users with the advantage of a single sign-in across several enterprise cloud apps, without compromising on security. Leveraging the flexibility of SASE, companies are able to provide different levels of security services, such as web filtering and the prevention of credential theft.

40% of global enterprises are committed to incorporating SASE in their toolkit

Cloud-based disaster recovery (DR)

One of the key reasons behind the surge in cloud adoption and migration has been data backup and recovery. Cloud-based data recovery enables businesses to run their processes seamlessly, especially during any natural or man-made disaster. Moreover, DR ensures uninterrupted business operations, despite any loss of access to the physical infrastructure resulting from an outage. 

Cloud-based disaster recovery

4. Cloud-based AR/VR & Gaming

As an emerging trend, cloud-based gaming is making its foray into the market with Amazon Luna & Google’s Stadia. The surging popularity of cloud virtual reality and augmented reality (VR/AR) have played a huge role in making the VR/AR headsets highly accessible, along with making its space in product design engineering and data visualizations.

AR/VR & Gaming

5. Sustainability

The global expansion of cloud computing, along with AI, over local computing infrastructure, has been a force for good in terms of environmental sustainability. It has been shown that cloud computing helps in cutting down each organization’s carbon footprint and physical waste. 

Energy consumption by companies can be reduced by 87% upon shifting to cloud software applications.

Conclusion

When we look at the most popular cloud computing trends in 2022, two major patterns come up—a huge increase in the adoption of this new infrastructure and the continual innovation in cloud solutions towards more efficiency and insights.

From here on, as cloud solutions advance in terms of processing capability and scalability, it’s certain that will be no going back to the old days. 

Start your cloud adoption journey today.

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