Cloud computing isn’t fully mature yet, but its obsolescence is already making an impact on us. Will we live through its obsolescence, or will we be forced to adopt it under pressure?
Venture capitalist Peter Levine, California, remarks that the best version of every technology always replaces the first one. With the progress of technology, whatever your choice of platform is, Microsoft Windows, Minicomputers, or Cloud Computing nothing, goes unidentified during the tech renovation. However, with cloud computing, companies continually place their confidence in the cloud. Most of these clouds are shared by hundreds of customers on an infrastructure set offered by a cloud service provider.
The transition from traditional data technology to cloud technology is now underway and will surely spike in 2021, leading companies to even greater adoption.
Before the pandemic re-emerged, IT infrastructure adoption had dropped, and companies relied heavily on cloud services. However, Covid-19 caused companies to improve customer loyalty and maximise efficiency. In the past, the Public Cloud infrastructure market was predicted to grow 28% to reach 113 billion dollars by 2021.
As companies accelerated and enabled cloud migration by launching new applications to meet the latest consumer demands in the middle of the pandemic, the four leading public cloud providers have achieved significant revenue growth, respectively.
In the survey, Alibaba received 59 per cent of the market share; Microsoft Azure received 47 per cent of it; Google Cloud received 43 per cent, and AWS received 29 per cent. This market is projected to grow by 35%, reaching $120 billion by 2021.
With it, cloud service providers can rely on a global network of servers to build a real-time cloud network that clients can access from anywhere in the world. It’s especially crucial as organisations adapt to COVID-19 and move to remote work environments.
Timeline of cloud computing growth
Let’s take a closer look at the major movements of cloud computing with its history.
1999, Jan 1: Salesforce makes a movement to cloud computing
They came to the limelight by working on the concept of providing end-user service with the enterprise-level application over the internet.
2002, Jun 5: Amazon joins the race
After the successful venture of salesforce.com, Amazon started to offer the Amazon Web Service (AWS) with storage and computational solutions to its users via the internet.
2006, Aug 26: Amazon’s EC2 enters the market
Amazon took the competition to the next level by introducing Elastic Compute Cloud (EC2), which allowed the brands to rent virtual cloud-based machines for data storage and application execution.
2007, Jun 5: File storage solution offered by dropbox
Dropbox introduced a file hosting service with cloud storage.
2007, Oct 3: Salesforce challenge its competitors
Force allowed the enterprises to use the cloud for storing, building and running applications for business operations.
2008, Dec 6: Google adds more to the competition
Google launched Google App, which served as the entry point to the cloud computing service. Thanks to the user based widespread usage, a huge number of brands adopt cloud computing tech as their standard technology of operations.
2010, May 2: Microsoft joins the computing competition
Azure was launched as an integrated solution for streamlining mobile application and web development for easy integration with the existing business process.
2011: IBM joins the market
IBM joined the enterprise suite cloud computing for developing hybrid, public and private clouds.
Now, let us understand
why cloud computing may not end even in the decades!
The architecture without server
The serverless architecture has been designed to enable developers to build systems and applications rapidly. In today’s environment, time and resources are consumed by building applications and systems that scale correctly or fail.
Based upon the platform’s determination of the required amount of support, it provides the required base to support the system or application on a consistent basis.
Construction of the first digital infrastructure
Approximately 10 billion people are expected to live in urban areas by 2050, most of whom will reside in urban centres. This will make it increasingly important for improved population management to utilize advanced digital solutions.
Cloud computing should enable intelligent cities to develop digital infrastructure consisting of automated and connected cars, smart car parks and forklifts, efficient farm and power stations, and improved trains and metros. Cloud computing’s ability to store and analyze information will enable these systems to be safer and easier to manage.
A significant quantity of data analysis and artificial intelligence can be taken advantage of by companies.
Cloud gaming: The future
Gaming will be an industry-leading revenue generator in the cloud sector by 2021. Leaders like Amazon and Tencent offer dedicated cloud services to game developers. Additional benefits include massive game libraries streaming via the cloud, which gamers can access via Netflix and Prime Video subscriptions.
Cloud gaming will soon replace game consoles, such as Sony’s PlayStation 5 and even the launch of Microsoft’s Xbox One and Nvidia’s GeForce. Even with home gaming devices being less expensive, most people’s entertainment preferences will shift towards cloud gaming.
IoT as the primary point (Internet of Things)
Machine learning, artificial intelligence, and the Internet of Things have been the hottest topics of recent years. IoT’s make us all part of the network, on the whole, to communicate with each other via any network device.
As more and more devices have access to global networks, organisations are encouraging IoT in all business sectors, which is not surprising. IoT devices can make use of cloud computing thanks to increased speed, performance, and flexibility.
In addition, they provide enough storage space to store data for users to search for resources and share information.
Achievement of Quantum Clouds
Recent reports indicate that, in 2021, Microsoft will make some quantum computing capabilities public, as IBM and Microsoft have been investing considerable effort into quantum computing research and development.
Although quantum computing is making progress, it is not yet as great as non-quantum supercomputers, and they have some issues of their own. Hardware companies like Intel, NVIDIA, etc., are devotedly attempting to solve these problems and accelerate the speed of quantum computers.
The ‘edge’ over the datacenter
In 2021, the edge computing market will flourish due to the spread of private 5G network and the need for ultra-low latent intelligent edge applications. Over half of corporate datacenters’ new IT infrastructure will be edge-located by 2023, according to IDC.
By implementing edge computing in real-time streaming, the media and entertainment industries are likely to create new edge computing services that significantly increase the demand for edge computing.
Cloud-based virtual desktops high on demand
The cloud desktop virtualization model, or DaaS as a service desktop, is a model in which all aspects of the computer, from operating systems to settings, are delivered using the Internet.
Data as a Service is expected to generate 58.8% of computing expenditures by 2023, Gartner notes. As technology advances, these services become increasingly critical. Also, DaaS reduces costs because companies don’t need hardware and redundant technology. They can also predict prices and adjust their needs based on the model’s hourly subscription model.
Finally, we conclude
In the current economic climate, businesses are striving to achieve their business objectives innovatively. Cloud computing has the power to continue growing and bring numerous benefits in the future.
Cloud computing is a cost-efficient option for businesses to grow, and its future is bright. Both stakeholders benefit from cloud computing.
You should remember the fact that the person who owns the Cloud service must be informed of the latest technological developments. So, to remain ahead in the competition, let’s collaborate!