As technology continues to advance at a rapid pace, it’s clear that cloud computing will become an essential tool for organisations in the next decade. According to mordorintelligence.com, the cloud computing market is projected to be valued at USD 0.68 trillion in 2024 and is expected to reach USD 1.44 trillion by 2029. Hence, it shows that the use of cloud computing services is already expanding. The trends of cloud computing we currently use will only get better with time, and certain technologies will play a vital role in shaping the future of cloud computing.
Thus, in this article, we will explore the future predictions and trends of reshaping the cloud computing industry.
What is cloud computing?
Cloud computing is like having your assistant who takes care of all your data and computing needs. Instead of storing and processing everything on your computer or device, you can use the internet to access resources and services provided by remote servers. It’s similar to having a group of professionals and a virtual storage unit at your fingertips, prepared to manage your apps, data, and even challenging jobs. It can save a lot of time and work and is adaptable as well as convenient.
What are the future trends and predictions of cloud computing?
In the last decades, cloud computing has revolutionised the way businesses operate, and its future looks bright and stable. The cloud is set to impact the way it works and lives significantly. Thus, here are some trends and predictions that are believed to shape the future of cloud computing:-
1. Growth of multi-cloud and hybrid cloud
Many organisations are adopting multiple clouds that combine the use of public cloud as well as private cloud to optimise performance, avoid vendor lock-in and exploit the best offerings. Managing multiple cloud providers can be challenging, but it offers more cost-effectiveness, greater scalability, and security by sharing the workload between two types of cloud.
2. Rise of edge computing
Edge computing is helpful for real-time data processing and analysis, as it enables computing resources to be located closer to the sources of data. Thus, it is crucial to help companies overcome the challenges presented by cloud computing. Some of the major benefits of using edge computing include optimised bandwidth, reduced latency, improved security, increased resilience, and more cost-effectiveness than formal cloud services.
3. Increase in quantum computing
Quantum computing is an extremely affordable trend in cloud computing that processes data by running complicated algorithms by studying quantum physics. Its ability to process large volumes of data quickly enhances its data processing capability. Qubits are the units of storage for those data.
4. More use of artificial intelligence and machine learning
An increasing number of businesses are choosing to store and manage their data on the cloud due to the growing application of artificial intelligence. One of the key explanations is the ability of AI-powered data analytics to help find patterns and trends that would otherwise be impossible to find without the use of technologies. Furthermore, cloud-based systems can learn and grow into more efficient data processors. There are many cloud service providers such as Google, Amazon, IBM and many more that are investing in artificial and machine learning. Thus, there will likely be a rise in demand for cloud-based AI in the upcoming years.
5. Rise of serverless computing and containerisation technologies
Serverless computing is a new trend in cloud computing, as it frees developers from worrying about the underlying infrastructure so they can concentrate on creating and executing applications. In this model, the application code is implemented in response to events; actual servers and maintenance are not required. Nonetheless, the cloud service provider is in charge of managing every piece of infrastructure needed to run the code. It can lower the total cost of running the application and streamline deployments. When your code is implemented, you only have to pay for the resources that you use, which makes it a cost-effective decision.
With the growth of containerisation technologies like Kubernetes and Docker, we will see more and more organisations move to the cloud. These technologies make it easy to deploy and manage the cloud computing application. By using containerisation technologies, you can also scale your application as required, as well as save money by only paying for the resources you need.
6. Support the Internet of Things (IoT)
Cloud computing is changing the future since it is associated with the Internet of Things. As digitisation increases, more and more devices are connected to the internet, creating the need for secure and scalable cloud services to ensure the growth of businesses. Additionally, the IoT will create a large amount of data that needs to be stored and secured, thus a cloud platform is best for it.
7. More data and storage capabilities
This is the era where everything is worked virtually, data is also continuously stored at a remarkable pace. Thus, to store their businesses cloud customers need easier and cheaper options. Advanced cloud technologies can provide enhanced data storage, which helps businesses store and process more data at a lower price.
8. More focus on data privacy and security
Since more individuals and businesses are storing their data in the cloud, data privacy breaches, access management and compliance violations become the most important threats. Thus, it is one of the key challenges to ensure the data is protected from unauthorised access and misuse.
Data stored in the cloud is secure, but not completely. Some managed cloud services may or may not provide sufficient data protection, but we can still improve more in security in the future to prevent powerful cyberattacks. Cloud providers provide the latest security measures that open new opportunities for preventing cyber crimes.
9. Disaster recovery and backup
Disaster recovery is crucial to the restoration of important data and systems in the event of a natural disaster or power outage. Server crashes have resulted in huge amounts of unsaved data for many companies. Businesses can quickly recover from disturbances like data loss, natural catastrophes, power outages, hardware problems, or cyberattacks by storing a backup of their important data on cloud computing platforms. Plans for backup and disaster recovery can prevent significant losses for any organisation.
10. Cloud orchestration and optimisation
Cloud orchestration is the technique of automating and managing the deployment, configuration, incorporation and maintenance of cloud computing resources. Furthermore, cloud optimisation is the strategic process of ensuring the usage of resources as efficiently as possible in the cloud-based environment. Together, these two strategies make the organisation’s cloud infrastructure able to meet its ever-changing needs cost-effectively.
11. Increased SASE adoption
The most prioritised matter for an organisation is network security. Therefore, increased SASE adoption can also change the future of cloud computing. SASE refers to Software-Defined Networking and offers many benefits over the traditional networking model. SASE is much easier to manage and configure as all the network components exist within a single platform. Besides, it is more scalable and adaptable than traditional cloud networking, making it suitable for the constantly changing landscape of cloud computing.
12. Service mash
Service Mash is a new model in cloud computing that aims to make the platform more efficient and flexible. In service mash, each of the individual services is separated from the other, which makes it easier to operate and monitor. This makes it easier to identify and resolve the issues, as well as scale up or down services as needed. Additionally, service mesh offers a built-in load-balancing and auto-scaling method, which can further improve efficiency and flexibility.
Cloud computing has a bright future that could lead to even more accessible and efficient technology. How we store and handle data is changing due to trends including the use of multiple clouds, quantum computing for more quick processing, and more efficient serverless options. The emphasis on disaster recovery, security, and resource optimisation shows a commitment to improving the reliability of cloud services. The cloud will remain essential in creating a tech-savvy future, improving efficiency and ensuring that individuals, as well as organisations, can utilise technology.