Do you know that the actual cost of monthly running a basic web application was about $160,000 in 2000?
Now Cloud computing has brought it down to less than $900 a month.
Let’s understand what is cloud computing.
Cloud computing Trends are evolving continuously. To meet increased business needs, organizations require to invest budget and time to scale their IT infrastructures such as hardware, software, and services. However, utilizing data efficiently is a big deal in this competitive environment. Therefore, the organization is moving with new ideas to cope up with trends and to streamline the process of getting a product made and delivering it to the hands of the customer.
As per the latest Gartner report, Worldwide Public Cloud Revenue expected to Grow by 17.3 Percent in 2019, thus not only bigger but also smaller companies are moving towards implementing the cloud computing technology in their organizations.
The growth of any industry depends on continuous improvement and open to tackling the challenges that arise all the way long. Let’s have a glance over the cloud computing technology and its impact on industries in 2019.
What is cloud computing :
In simple terms cloud computing is accessing and storing programs and data over the internet instead of your computers hard drive, it involves delivering different types of services over the internet. From analytics and software to safe and secure data storage, everything can be delivered via the cloud.
For example, we are utilizing different cloud applications every time. We are benefiting from cloud solutions through bringing a Netflix show, utilizing mobile app, download images, online video games, all these services are stored in the cloud. Keep our information on the SharePoint email server or one drive is much easier than storing data on a hard drive and desktop or USB. we can get access from any computer that has internet access.
Cloud computing enables organizations to gain advantages such as cost reduction, improved productivity, and collaboration. It means better services, improved quality and expanded access to cutting-edge technologies.
How Cloud Computing Helps Business Environment
Most of the businesses use cloud computing services because of it help them to operate business application effectively and efficiently, in modern business cloud computing has several benefits, The 3 important advantages are security, productivity, and collaboration.
Productivity Advantage of Cloud Computing :
Using cloud computing technology in organizations can improve employee productivity. With cloud-based software, employees can work smoothly and efficiently, when organization use cloud-based software tools employees can work even when they are away from the office. As a result, they can work and collaborating with their co-workers even when they are on work from home or business trip.
Collaboration Advantage of Cloud Computing:
Before Cloud computing employees and organizations face difficulty with accessing the files and working with global clients, now the Complete scenario is changed with cloud computing, employees connected with globally with their place and work with the different networks of the client with ease, because of cloud computing organization produce more quality of work.
Security Advantage of Cloud Computing :
Majority of the Organizations worries about the security concerns of their Data and files on third party server, but it can improve business and IT Security through outsourcing data storage in cloud computing service.
In fact, cloud computing organizations have the best security experts in the industry to secure clients data, whereas having in house database in the organization may face a lot of complications such as lack of expertise of employees, poor, and high cost for managing data. If you use in house database to store your data, your organizations are more likely to become the victim of security breaches. Hence cloud computing company plays a crucial role in data security and safety.
Here are a Few Numbers that will make Cloud, the Most Pertinent IT subject in 2019:
- The SA (Silicon Angle ) confirm that almost cloud computing allocating for organizations is increasing at a 16 compound annual growth rate ( CAGR ) From 2017 to 2027.
- Spending in a platform like PaaS (Platform as a Service ) will increase from 32 percentage in 2016 to 56 percentage in 2019, making it the quickest developing division of cloud stages, as indicated by Klynveld Peat Marwick Goerdeler (KPMG).
- 50% of organizations will be acquired services, platforms and applications, enabled by cloud in order to drive computerized transformation before the finish of 2019, predicts a recent survey by Forrester.
- Usage of (SaaS) software as a service will increase by 18 % CAGR (Compound Annual Growth Rate) by 2021, according to Bain & Company
Cloud computing Trends that are in 2019:
Cloud Services Will Grow Astronomically :
Most Of the organizations are using (Saas) Software as a Service, (IaaS) Infrastructure as a Service, and (IaaS) Infrastructure as a Service to support their business operations. Cloud computing services so popular because of flexibility and safety, experts predict that cloud computing revenue will increase 17.4 percent in 2019 to a total of $207.3 billion, through IaaS (infrastructure services) is one of the fastest growing segments of the market (27.6 Percent growth). We saw positive growth in cloud computing services. Hence, we can expect greater cloud sector growth in 2019 and later.
Rapid Growth in Cloud Storage Capacity
An aggregate sum of around 370 EB (Exabyte) Currently, data centers are used to store information and the worldwide cloud storage capacity will reach 600EB at the end of 2019. These numbers are set to enhance the complete limit of 1.1 ZB (Zettabyte) in 2018 which increase the capacity accessible in 2017 according to a survey by Cisco. Utilizing data or sharing data is going common practice in 2019 and it will increase more applications like Google Drive and Dropbox.
The Rise of Serverless Cloud Computing
The Trend of digital transformation helps organizations to achieve business outcomes in terms of end-user experience and enhance developer operations.
The introduction of cloud computing changed the way organizations working patterns, in recent times technology infrastructure ultimately the increase of containers, like Kubernetes and Docker, that enabled developers to break down inflexible programs to run more efficiently.
Serverless computing isn’t new technology in cloud computing, but it is very clear that is the next big thing in cloud computing world, because of an evolutionary step towards leveraging the full potential of cloud technology and achieving greater organizational Growth.
Serverless computing has lots of advantages, including data stream processing web and artificial intelligence (AI) solutions Internet of Things (IoT) solutions and mobile applications.
Like any new innovative progression, it will require some investment before serverless use cases wind up clear and the ‘noise’ turns into the new standard. Those organizations that have made early interests in serverless and occasion drove figuring see gains in profitability and speed just as diminished expenses and resourcing needs.
The serverless architecture will continue to evolve to address more IT problems as it continues to shift the way developers think about programming and its relation to infrastructure.
The serverless architecture will keep on advancing to address more IT issues as it keeps on moving the manner in which engineers consider programming and its connection to the framework.
Culture and Cloud skills will be the key to cloud adoption:
As companies adopted a hybrid Cloud approach, IT Companies will experience a culture move in the manner in which they work. They will require groups outfitted with new ranges of abilities, for example, cross-stage instrument, automation experience, and knowledge of API management and data integration best practices.
Job titles such as cloud automation engineer, cloud service broker, cloud project manager, a cloud will become increasingly common to manage emerging hybrid cloud environments
Private cloud use
Another report by Gartner Research is the expanded utilization of the private cloud. People will, in any case, utilize a wide range of cell phones and PCs, in any case, the points of interest of every gadget will turn out to be less vital. That is the place the individual cloud comes in, as per Gartner. The individual cloud will give an increasingly secure and much preferable oversaw information area over ever previously.
Cloud computing technology is constantly evolving to new heights to store and protect the data of the organizations across the world. It enables organizations in connecting to the data from anywhere in the world. Cloud has eliminated the maintenance of physical servers and thereby it contributed to the reduced cost and improved efficiency of the organizations.