What is cloud computing? A look at major future trends

The COVID-19 pandemic, and the speed at which it disrupted businesses, has compelled companies worldwide to prepare themselves with tools and processes to manage remote workforces and cost pressures and keep the core system functioning and robust. Despite the macroeconomic headwinds, the offerings that support cloud services are growing at a significant pace.

Gartner also underlined that SaaS continues to be the largest market segment, projected to surpass US$122 billion in 2021. Other than SaaS, Infrastructure as a service and Desktop as a Service are likely to grow at impressive rates. Since 2020, the rise in cloud adoption has changed the way of doing business.

However, experts believe that the current growth in cloud-based services is unlikely to slow down in the near term. According to Cisco, nearly 94% of all workloads is being processed by cloud data centres. Amid the existing cloud environment, let us look at some of the cloud trends we might see in the upcoming period.

By 2023 end, over 90% of the I&O organisations will have their employees working remotely.  Remote working style and switch to the cloud would drive the infrastructure trends in the upcoming 1 to 1.5 years.

Artificial Intelligence would enhance the effectiveness and speed of cloud computing. Cloud services allow users with any skill to access machine learning functions. The growth in the cloud would allow these revolutionary toolsets to get widely implemented by companies of different sizes, resulting in improved productivity and efficiency.


Disclaimer
The content, including but not limited to any articles, news, quotes, information, data, text, reports, ratings, opinions, images, photos, graphics, graphs, charts, animations and video (Content) is a service of Kalkine Media LLC (Kalkine Media, we or us) and is available for personal and non-commercial use only. The principal purpose of the Content is to educate and inform. The Content does not contain or imply any recommendation or opinion intended to influence your financial decisions and must not be relied upon by you as such. Some of the Content on this website may be sponsored/non-sponsored, as applicable, but is NOT a solicitation or recommendation to buy, sell or hold the stocks of the company(s) or engage in any investment activity under discussion. Kalkine Media is neither licensed nor qualified to provide investment advice through this platform. Users should make their own enquiries about any investments and Kalkine Media strongly suggests the users to seek advice from a financial adviser, stockbroker or other professional (including taxation and legal advice), as necessary. Kalkine Media hereby disclaims any and all the liabilities to any user for any direct, indirect, implied, punitive, special, incidental or other consequential damages arising from any use of the Content on this website, which is provided without warranties. The views expressed in the Content by the guests, if any, are their own and do not necessarily represent the views or opinions of Kalkine Media. Some of the images/music that may be used on this website are copyright to their respective owner(s). Kalkine Media does not claim ownership of any of the pictures/music displayed/used on this website unless stated otherwise. The images/music that may be used on this website are taken from various sources on the internet, including paid subscriptions or are believed to be in public domain. We have used reasonable efforts to accredit the source (public domain/CC0 status) to where it was found and indicated it, as necessary.

   

Kalkine

Rated 4.3/5 based on 904 Reviews at Google My Business