Cloud computing is predicted to be an essential technology within the following years to come, and to a large extent, its relevance has already taken root within today’s society. IT experts across the board agree that the potential for cloud based technologies to tackle a variety of business problems is extremely high. And indeed, the stats do not lie in this regard, with predicated spending for cloud computing to increase by around 16% within the years of 2016 to 2026. Furthermore, this exponential increase can be evidenced through looking at one of the most (if not the most) prominent cloud platforms in the world, that being Amazon.com Inc.’s cloud platform; this specific service is predicated to burst massively in its worth, with an article by “Silicone ANGLE” predicting the platform to jump by around $43 Billion by 2022 (that’s next year, for those of you living under a rock).
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Furthermore, the key here isn’t to solely measure growth rate, but also the increasing complexities and sophistication of cloud based technology itself. One can currently understand the use the cloud infrastructure in serving the more vigorous requirements of society as a whole. Indeed, by the end of this year, more than 80% of an enterprise’s workload will be kept within cloud based infrastructure, which is predicted to be the norm as companies endure the continual shift into a more robust public based cloud software; as stated by Gartner, Revenue from the public cloud sector is expected to grow to $331 billion by 2022 from $175 billion in 2018.”
Current research sheds light (or indeed foreshadows) on the wide variety of positive effects that cloud computing can bring to the world of business in the near future. To this day, those on the cutting edge of internet technology have been looking into how advanced data types of data storage can further the agendas of organizations and better solve business solutions for enterprises worldwide.
Serverless architecture
This type of IT infrastructure creates a flexible and smooth environment on which users can function on through removing barriers that are customarily present within standard IT infrastructure. In this regard, users won’t have to buy or even rent servers to handle their data. In a server less environment, users can give their data to a third party, which will professionally host the data for its customers. This is a key modification as it allows businesses to focus their resources and energy on other pertinent tasks other than data handling, which in many cases, is a cause for a lot of grief.
Hybrid/ Multi-Cloud Solutions
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Hybrid cloud computing leverages two types of cloud computing technologies and, in essence combines the abilities of a private cloud with that of a third-party public cloud service. It is mainly utilized to transfer daa between from the private cloud arena to the public. Essentially, this form of cloud computing is known for its flexibility, and used if the company specifically requires this trait to fit their current business model. It holds a variety of key benefits, and in this regard, this specific service is projected to grow by around a whopping $97 Billion by the end of 2023, with IT giants such as Microsoft and Amazon already throwing their two cents in the game with large investments within this area. Hybrid, or multi cloud service also come with a range of other functions, such as SaaS capabilities, better security features, as well as high level server reliability and customizable features.
Data Recovery
A wide range of system compromises, which include data breaches and system failures, make up a large part of the IT business these days. Most industries have tackled such unavoidable problems through a variety of strategies. In order to make sure that these problems don’t cause long term harm to the organization as a whole, the necessity of data recovery is a major cause for the implementation of cloud based technologies. In a report by Spiceworks, we can see that 15% of the overall budget for cloud computing tech is mainly focused on processes related to Backing up data and Disaster Recovery; this is the most prominent area, which is then proceeded by email and productivity functions.
An effective cloud based storage system is the first step to a good data backup strategy. In this regard, the system will take steps to thoroughly (and more importantly automatically) make bundles of copies of all one’s electronic data and store it within its external server, just in case the original files have encountered some sort of loss.