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.