We have all known the advantages of cloud computing. If we talk about the future, there are various cloud computing trends like hybrid cloud, serverless computing, and containers that will be ruling the industry in the future.
Cloud computing trends
Cloud computing trends- ‘Cloud computing is a great understatement for centralism of computer services, working under one server.’
This phrase by Evgeny Morozov is not only the truth of today but the stark reality of tomorrow. There’s no limitation to the endeavour of cloud technology especially when we count SMBs. From the industry considering cloud as the leverage for the cost of being the major inculcation in the organisations, cloud computing has come a long way.
If we only talk about statistics, the average cloud budget was $2.2 billion in 2018. However, it has taken a steep rise in the past few years. In the year 2020, the global cloud adoption market is set to exceed a total of $330 billion.
The adoption of cloud in the enterprise systems has been lifting the infrastructure as well as the overall productivity. Not only this, but the cloud is expected to bring vast improvements in the market with much eminent technology like AI, Automation, and IoT .
In the coming years, industry experts are expecting a much wider use of the cloud. Even the global cloud market is expected to reach higher digits.
According to CloudTech, public cloud spending is expected to grow from $229 billion in 2019 to $500 billion by 2023, with an expected compound annual growth rate (CAGR) of 22.3 per cent.
For the coming year, here are five paramount cloud computing trends to remodel the then-existing enterprise functionalities.
1. The lesser-known serverless computing
Cloud serverless is a technique for implementing functions in the cloud on a required basis. The enterprises rely on serverless computing as it provides the space for working on the core product without the stress of operating or managing the servers.
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Article Credit: ItProPortal
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