The Future of Cloud Computing: Top 10 Trends CIOs Should Know

The Future of Cloud Computing: Top 10 Trends CIOs Should Know
August 19, 2021

On the future of cloud computing trends, all IT experts agree that it will be at the forefront of all technologies to solve significant business challenges. This is evident with enterprise cloud spending increasing at a 16% CAGR between 2016 and 2026; it is safe to say that businesses are no longer looking at the cloud solely as a tool. Their focus is now on leveraging cloud security to accomplish different business goals.

Businesses already use the cloud infrastructure to serve the organization’s more complex and dynamic needs.

As per a report, by 2021, around 83% of the company workload will be stored in the cloud as many companies continue to move from private to public cloud.

“Revenue from the public cloud sector is expected to grow to $331 billion by 2022 from $175 billion in 2018” – Gartner.

The data speaks of the endless benefits of the cloud in the future. But you can already see many CIOs trying to understand and test how they can use the cloud to address their current and future organization needs better.

1. Hybrid/ Multi-Cloud Solutions

Hybrid cloud computing combines the private cloud and a third-party, public cloud service. It primarily allows workloads to move between private and public clouds, giving users more flexibility with their computing needs.

Here’s a typical example of an analytics hybrid/ multi-cloud pattern that helps run two workloads in different computing environments.

Architecture Pattern for hybrid/multi-cloud

With its multiple benefits, the market size of hybrid/ multi-cloud is expected to grow to $97.64 billion by 2023. Tech giants like Microsoft and Amazon are already investing heavily in this technology as a product.

Hybrid/multi-cloud provides enhanced security features, SaaS capabilities, consistent server reliability, customizable capabilities, and top performance.

But what makes it so desirable is its flexibility and reduced cost, making it fit for even growing businesses.

2. Backup And Disaster Recovery

Cyber attacks, data outages, and system failures are part and parcel of running a business these days. Most businesses have dealt with their servers crashing, leading to the loss of critical data files. To ensure such issues don’t damage the organization and its processes, backup, and disaster recovery have become a trending use case of the cloud. If Spiceworks reports are believed, 15% of the cloud budget is allocated to Backup and Disaster Recovery, the highest budget allocation followed by email hosting and productivity tools.

A cloud-based backup and disaster recovery solution is like a recovery strategy. The system automatically stores and maintains copies of electronic records within an external cloud server as a security measure in case the original files are lost.

The cloud brings together two operations – backup and recovery. Now, this recovery solution allows for easy retrieval of lost data if an error occurs or the server crashes.

The basic difference between Backup & disaster recovery

Microsoft reports that data loss and cyber threats are at an all-time high. In a security breach or data loss, a CIO needs their organization to have a recovery plan that ensures no critical process is impacted.

3. Serverless Architecture

A serverless architecture removes all barriers that a standard IT infrastructure would bring. Users don’t have to purchase or rent the servers they run their data. Instead, a third party will handle it for you, allowing your organization to tackle other tasks.

The advantages of a serverless architecture are plenty- easy operational management, no system administration, reduced liability, reduced costs, and better offline experience, to name a few.

The rise of the shared economy brought serverless architecture to life in the cloud computing industry. Its cost-effectiveness is what makes it a trend this year.

Here’s the fundamental difference between traditional and serverless architecture:

Intelligent connectivity makes IoT platforms a cloud computing trend

Source

AWS has significantly advanced this spectrum with Lamba and is favored by 77% of IT heads over other serverless technologies.

4. AI Platform

As technology advances, AI is one of the most common cloud computing trends to look forward to. Tech giants are now looking into incorporating AI to process big data to improve their business functioning.

By using artificial intelligence, computing platforms are increasing their efficiency. It now offers organizations the ability to automate and manage their processes intelligently. The framework also allows them to quickly scale and adapt to the changing needs of the business.

AI is a cloud computing trend to watch out for as it enables smoother organization workflows and increased efficiency.

An IBM study reveals that 65% of organizations believe AI is essential for their strategy and success.

Cloud-based services are preferred to access and use AI capabilities

5. Cloud Security

Data theft, leakage, and deletion- security is a big challenge, even for traditional IT infrastructures. But, with more companies moving to cloud platforms, it’s essential to ensure that cloud service providers can create an airtight security system to guarantee the safety of their client’s data.

Cloud security is not just a trend in cloud computing this year; it’s a necessity that every organization prioritizes. Moreover, with the introduction of General Data Privacy and Management (GDPR) in late 2018, security concerns have increased hurdles for cloud technology security compliance.

Hence, in 2019, a massive demand for cloud security providers ensures data practices fully comply with GDPR and other compliance essentials.
Through 2022, at least 95% of cloud security failures will be the customer’s fault.

6. IoT Platform

In a hyper-connected world, one of the most popular cloud computing trends is the rise of IoT platforms. A study by Gartner suggests the number of connected things in use will be going up to 25 billion by 2021 from 14.2 billion as of 2019.

An IoT platform is a cloud-enabling platform that works with standard devices to enable cloud-based applications and services. IoT is a mediator, collecting data from different devices with a remote configuration and intelligent device management.

The technology is self-management and sends out real-time alerts to troubleshoot issues. IoT also supports different industry-grade protocols to deliver intelligent predictions through monitoring organization processes.

This intelligent connectivity is what makes IoT platforms a cloud computing trend.

Intelligent connectivity makes IoT platforms a cloud computing trend

7. Edge Computing

It is a method of optimizing cloud computing network systems by processing data at the network’s edge near the data source. It works in real-time on the cloud servers to process less time-sensitive data or store data for the long term.

With the continued convergence of IT and telco, 2019 will bring edge computing to the forefront, creating many new opportunities for organizations to use new technologies and computing power.
With IoT devices being on a massive increase, edge computing will play a chief role in providing real-time information & data analysis and streamlining traffic flow from IoT devices. This statement can be backed by stats by Gartner stating 5.6 billion IoT devices owned by enterprises and governments will utilize edge computing for data collection and processing in 2020.

Cloud & edge computing complementary technologies powering IIoT

[Also Read: Turning Towards Edge Computing For Business Transformation]

8. DevSecOps

Cloud computing services provide users with a seamless and straightforward experience in managing their data, but many security risks are involved. The security risk of cloud computing includes network eavesdropping, illegal invasion, denial of service attacks, side-channel attacks, virtualization vulnerabilities, and abuse of cloud services.

Companies see data security as a significant challenge in cloud computing, making them hesitant to use the service. That’s where DevSecOps comes in. DevSecOps is the process of thinking of infrastructure security from the start. It works on automating core security tasks by embedding security controls and processes into its workflow.

According to a report by SumoLogic, 45% of IT security stakeholders agree that adopting a DevSecOps methodology is one of the primary organizational changes that would help improve the security of their cloud environments. The future of cloud computing heavily relies on ensuring users have a secure system to work with, and DevSecOps is one of the best ways to make the cloud unbreakable.

[Also Read : DevSecOps: Shifting Towards A Culture Of Security]

Difference between DevOps vs DevSecOps

9. Service Mesh

Since cloud platforms are complex, it is critical to ensure that the platform has a fast and safe communication environment. With a service mesh, users have a dedicated layer for service-to-service communication, making their cloud platform highly dynamic and secure.

The service mesh is a critical component in a cloud platform. As cloud ecosystems grow and are adapted to fit the changing needs of users, a service mesh can fill the different requirements that come up from service identity to access various policies within the cloud platform.
The mesh establishes a network communication infrastructure that lets you decouple and offload most network functions from your service code.

Service mesh explained

The mesh establishes a network communication infrastructure, allowing you to decouple and offload most of your network functions from your service code.

10. Open Source

This industry is moving towards a path of innovation and collaboration. With this shift in how cloud services are managed, many organizations are considering adopting an Open Source cloud computing service for their business.

An open-source cloud is a service built with software or technology that anyone can customize. An open-source cloud platform allows businesses to customize the infrastructure based on their needs.

With an open-source technology platform, businesses can see multiple benefits. They can quickly scale their cloud infrastructure, adding features is much simpler than with a closed-source platform, and there are fewer security concerns.

The tech industry is moving to a collaborative work environment, and opting for an open-source cloud computing service is the right direction for new businesses or scaling ones. This is why many experts claim that open source is the future of this technology.

Want to start with a cloud computing strategy that covers all your needs?

Finding a reliable technology platform that meets all your growing business’s needs is crucial. At Rapyder, we work closely with you to ensure that your cloud platform has all the features you are looking for. We provide an adaptable, secure, and innovative cloud computing solution.

Get a free cloud consultation from our experts here at Rapyder.

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