Moreover, Cloud computing is poised to become increasingly relevant in the coming years; organizations that can deploy it successfully are bound to have a competitive edge.
1. All-time-high public cloud spending
Worldwide end-user spending on public cloud services will grow 20.4% to $494.7 billion in 2022, up from $410.9 billion in 2021. That figure is expected to reach nearly $600 billion in 2023. According to Gartner Inc. “Cloud is the powerhouse that drives today’s digital organizations,” says Sid Nag, research vice president at Gartner, in the report. “CIOs are beyond the era of the irrational exuberance of procuring cloud services and are thoughtful in their choice of public cloud providers to drive specific, desired business and technology outcomes in their digital transformation journey.” Software as a service (SaaS) will remain the most significant public cloud services market segment, expected to hit $176.6 billion in end-user spending in 2022, according to Gartner.
2. Increased use of serverless computing
As businesses continue to move their processes online, serverless cloud computing will become even more popular. More companies will adopt serverless platforms because this approach enables them to increase team agility and lower expenses as they only have to pay for their actual usage. In fact, the demand for serverless technologies is forecast to grow 22.6% between 2021 and 2026, according to research from Mordor Intelligence. With serverless cloud computing, users don’t have to manage infrastructure or provision servers. Instead, the cloud provider manages the infrastructure and distributes compute resources to meet consumers’ current needs. Additionally, serverless cloud platforms can be adapted to meet organizations’ changing business needs.
3. More multi-cloud, hybrid cloud, and distributed cloud use
In the past, large enterprises have opted for the private cloud because it offered enhanced security and could be customized. But there are scalability, flexibility, and latency issues with this model.
By contrast, multi-cloud, hybrid cloud, and distributed cloud offer organizations everything they need to succeed — and that’s why we’ll start to see more and more organizations making the switch. https://growntechnology.com/what-makes-a-good-landing-page-in-2022/
4. Enhanced cloud security
In 2022, enterprises will spend a total of $6.8 billion on secure access service edge (SASE), up from $4.8 billion in 2021, according to Gartner. And by 2025, more than 50% of businesses will have developed strategies to adopt SASE, up from less than 5% in 2020. SASE is a cloud security architecture that combines security-as-a-service and network functions and offers them as one cloud service. SASE lets companies reliably manage and control access between cloud apps, on-premises IT, and end-user devices. It also offers users a single sign-on experience across a variety of enterprise cloud apps while maintaining the most rigorous levels of security.
5. Artificial intelligence in the Cloud
Cloud computing has always been involved with delivering artificial intelligence (AI) services. But as AI continues to evolve and enable new products and services, cloud computing will play an even major role in delivering these services. AI’s total market value will hit $850.61 billion by 2028, according to Verified Market Research. However, to support this growth, AI platforms need data bandwidth and processing power, which are more accessible and affordable via the cloud. And the cloud AI market alone, which was valued at $5.2 billion in 2020, is expected to reach $13.1 billion by 2026, according to Mordor Intelligence. https://theconversation.com/how-ai-is-shaping-the-cybersecurity-arms-race-167017
The broad-scale shift to the cloud will only continue, as organizations need the scalability and flexibility of cloud service providers to respond in real time to ever-changing and unpredictable economic conditions. In other words, companies that can exploit the cloud successfully will have a competitive advantage in the coming years. And staying on top of the trends might be just the edge you need.
______________________
𝐂𝐨𝐦𝐩𝐫𝐞𝐡𝐞𝐧𝐬𝐢𝐯𝐞 𝐭𝐞𝐜𝐡𝐧𝐨𝐥𝐨𝐠𝐲 𝐬𝐨𝐥𝐮𝐭𝐢𝐨𝐧𝐬 𝐟𝐨𝐫 𝐛𝐮𝐬𝐢𝐧𝐞𝐬𝐬𝐞𝐬.
Website: growntechnology.com
Email: contact@growntechnology.com
Phone: 052 888 5252
Tiktok: tiktok.com/@growntechsolution
Instagram: instagram.com/growntechsolution
Twitter: twitter.com/grown_tech
Address: B10, Phu Gia Compound, 144 Ong Ich Khiem, Da Nang City.