Most of the modern organizations are now shifting to the cloud. Any organization which is not moving its legacy to the cloud for its functioning is falling behind in the race of technological advancement, while the competitors are going ahead with cloud. According to the Statista reports, the current market value of cloud computing is USD 140 million and is anticipated to go up by USD 20 billion by 2020.
Cloud computing comes with multifold benefits. Anyone within the cloud network is capable of accessing the same functionalities and carrying out any task from any part of the world. Thus, the future of cloud computing holds huge potential. The rapidly evolving cloud frameworks will have an overwhelming impact on future business strategies and business decisions.
Serverless architectures, decentralized architectures, etc. are some recent advancements in cloud that modern tech giants are incorporating. The Cloud computing scenario is witnessing a huge revolution with the introduction of the ‘Function-as-a-Service’ (FaaS). FaaS is expected to highly renew the cloud computing scenario, with the automated allocation of resources to functions. This negates the possibilities of cloud resource wastage. It is based on a computing concept which employs an architecture that is serverless. Examples of FaaS are Google Cloud Function, AWS Lamda, OpenWhisk etc. With serverless infrastructures, companies do not need to manually maintain cloud architectures. Thus, FaaS allows companies to concentrate more on the development part. Function-as-a-service enables seamless handling of transactions in high volume and also allows extremely speedy scaling. Besides these, the running of tasks in a scheduled manner is remarkably efficient with FaaS. IoT often operates on FaaS with the initiation of functions by sensors, based on events, as per the needs. Modern organizations are now making alterations in their architecture to incorporate this trend.
Impacts have been made by the hybrid IT solutions, which have directed industrial and cloud computing strategies for quite a long period of time, but numerous feel that such solutions are temporary, and need to be revamped well in the long run. The future anticipates witnessing a model that can be adopted in an impressively large scale and can assist in minimizing the cost of infrastructures. Therefore, it’s no wonder that pay-per-use models based on subscriptions are gaining momentum. Cloud computing is heading to a future supervised by ‘everything-as-a-service.’
According to the U.S. innovation and business writer, Nicholas Carr, IT frameworks are turning into a relic of days gone by, and it won’t be long that they will begin working as public administrations – much like electricity– and users will pay for what they utilize. Looking forward, the contributions of cloud computing to various devices in hybrid, private and public clouds may include services like end-to-end verification, encryption, management of data, etc. Agility and coherence of enterprises are highly essential for the maintenance of such multi-cloud frameworks, and thus modern enterprises are aiming at incorporating platforms that can seamlessly provide coordinated operations with high-end network connectivity and security, with advanced analytics. This has led to the emergence of agile-on-demand services. For various dimensions of capabilities, distinctive sellers are putting forth different price levels. Thus, organizations can choose to avail services from different vendors, as per the requirements, instead of being bound to a single seller.
It has been estimated in 2018 that multi-cloud strategies are preferred by 81 percent of enterprises. Most of these companies already have a planned activity set-up. Organizations are able to utilize the maximum of the agile-on-demand-services with multi-cloud, getting benefits like very less or no downtime, flexible scaling, etc.
Cloud Transition Service and the Upcoming Future
Different organizations have different kinds of operations and requirements of scalability. Thus, a single cloud strategy will not comply with the need of every organization. Though enterprise operations have become much easier with cloud, there are many companies which do not prefer public clouds for storage and execution of data and operations. Such companies prefer to go for private clouds for higher protection of sensitive data. These companies often fail to get the highest benefits of scalability in the absence of a pay-as-you-go structure. This is where we need multi-cloud.
Along with technologies like artificial intelligence, IoT, DevOps and Big Data, an impressive number of start-ups and tech-geeks are putting efforts to leverage multi-cloud computing to the maximum for highly innovative computation, storage and networking experiences.
Incorporating multi-cloud isn’t easy and requires assistance and effective guidance from experts. All custom cloud IT solutions, Texas must function identically, and this demands upgrading in terms of skills, prices, SLAs, etc. With an all-round IT effort and augmentation of IT investments on cloud computing, the future industry of cloud can be flourishing and vibrant.