Future of Cloud Computing: Top Trends & Predictions | upGrad blog (2024)

Introduction

The adoption of cloud services has seen a massive upsurge over the past few years. These days, cloud services and applications are well integrated into various business operations across all sectors. From managing remote work to the infrastructure to even software development, cloud computing is a one-stop solution for the present-day data woes.

Today, enterprises and organizations of all sizes, irrespective of their industry, depend on the cloud for various data needs irrespective of their industry. As per reports by Gartner, the global forecast on expenditure related to public cloud services has reached from $273 billion in 2020 to around $334.3 billion in the year 2021.

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Needless to say, cloud computing is an integral business tool now. In fact, it has proven to be one of the world’s most powerful remote tools during the COVID-19 catastrophe.

What is the Future of Cloud Computing?

1. Advanced Security

Cloud computing services have a lot of innovative and enhanced security mechanisms. These systems are designed to eliminate security risks and avert potential data threats. Cloud storage has an integrated security system with machine learning and AI and Machine. This model helps automate all the processes of threat prevention along with risk detection. Machine learning helps analyze multiple data points in any cloud-based transaction. On the other hand, artificial intelligence targets indicators that are more precise in functionality and timing.

This proves how resilient and robust will be the future of cloud computing. As peranalysis, by 2022, more than 96% of failures related to cloud security shall be the consequence of the customer’s fault rather than cloud system defaults.

As the latest cloud systems depend on machine learning, artificial intelligence, and quantum computing, they provide more intelligent, flexible, and resilient data solutions to customers.

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2. Multi-Cloud

Multi-cloud computing means multiple private or public cloud services sourced from various cloud vendors. Multi-cloud service providers distribute various workloads spanned through different cloud environments. Clients can utilize a private cloud for keeping sensitive data. Public clouds can be used to store less sensitive and general data.

The latest cloud report byAccenture states that 94% of businesses depend on a multi-cloud strategy. This kind of multi-cloud solution is highly flexible and gives better security to the stored data. It also prevents lock-ins and loss of data due to system failure. A Multi-cloud architecture provides a high-quality set of cloud storage options with an extensive range of services. This allows for optimized economic returns on any cloud investment done by businesses.

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3. Edge Computing Services

Most of the companies that exist in the world connect to the internet every one second. This has a strong effect on how data centers are constructed. Organizations now require data centers that are situated closer to the source of data, and hence, the rise of edge computing.

Corporate and IT giants such as Dell, IBM, Intel etc., are increasingly investing in edge computing solutions.Gartnerreport says that 5.7 billion internet devices have started using edge computing to process large data pools.

Edge computing is an emerging cloud computing trend that enables closer data storage than a traditional centrally located database. It provides higher bandwidth and enhanced performance and efficiency in tackling workload. In addition, edge computing can easily store massive quantities of data, powered by 5G.

4. Possibility of Expanded Data Storage Capacities

As the demand for cloud computing increases, the need for an expanded data storage unit further increases. Price and speed are two of the most important attributes of cloud storage. As a result, data centres must have a larger storage capacity in the coming years, leading to faster cloud services.

To enable this, cloud service providers would need to come up with advanced security mechanisms. Removing storage tiers is one step to ensure that clients have easy and fast access to cloud services.

Another observation byexpertsis that rising competition shall lead to lower prices of data centres. This price reduction will lead to increased opportunities for innovations in the field of cloud computing.

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5. Serverless Computing Services

Serverless computing is at the top 5 fastest-growing Platforms for cloud service, also known as PaaS. The demand for serverless cloud computing is set to rise by 27% in the span of the coming six years.

The concept of serverless computing architecture permits businesses to run and develop applications without managing any physical servers. In Serverless, the best part is you don’t need to manage or worry about server (infra) management.

Serverless and automated systems can perform maintenance, scaling, and upgrading work efficiently. Serverless infrastructures are more scalable compared to traditional ones. The pricing models are also very client friendly as one needs to pay only for the services they use. Serverless systems allow companies to adopt multi or hybrid cloud services that are more efficient.

Serverless computing is a boon for business developers of all sorts. This innovative trend provides a simple way to make data storage applications and systems.

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6. AI (Artificial Intelligence)

Artificial intelligence or AI is the new face of cloud computing. A newreportstates that by the year 2025, globally, the market value of artificial intelligence will approximately surpass about 89 billion dollars on an annual basis. This means that businesses that don’t adopt AI models in cloud computing will lag in the race.

Artificial intelligence ensures smoother cloud workflows and makes data storage more efficient. Similarly, cloud computing increases the scope of AI applications. They both work in congruence with each other and can’t be separated. Business requires computing power, technical skills and massive capital to invest in AI-based cloud computing. But a plus point of this is that, for companies already using cloud solutions, integration of artificial intelligence doesn’t require an additional investment.

7. Kubernetes and Container

In cloud computing, containers are faster pathways to enable better cloud data storage. As a result, the use of containers is a trend that is increasing. By 2022, nearly 75% of businesses will run cloud computing based on containerized applications. Hence, Kubernetes is considered as one of the best container-orchestration tool.

The use of containers allows applications to improve their velocity of app development. Containers pool in a greater extent of consistency, irrespective of the infrastructure used. Kubernetes is the standard ways to use containerized cloud apps. Cloud-native apps used by Kubernetes offer various attributes that build up stacks of contemporary IT architecture.

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Conclusion

Consequent to the ever-increasing dependence of businesses and individuals on cloud computing, the future of this service industry is dynamically transitioning to a more intelligent, flexible and scalable picture.

The growth in this sector can be linked to emerging trends such as edge computing, AI, containers and machine learning. Such an integrated data storage model has shaped the face of business technology in a very agile manner.

All businesses looking forward to growth should be prepared to gust into the future. For that to happen, it is of paramount importance that professionals are well-versed with the trending developments in cloud technology.