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Future of Cloud Computing

The future of cloud computing can be predicted by how the industry moves today. For instance, statistical data gives an accurate prediction of a cloud computing future growth.

The future of cloud computing covers topics that range a wide spectrum. It ranges from its market size to even its relationship with artificial intelligence.

Predictions on the future of the cloud can be based on how its challenges are treated today. Cloud computing challenges today include vendor lock-in and malware attacks. Cloud platform developers are actively finding ways to remedy these challenges. For this reason, people could expect a brighter future of cloud computing.

Here are some of the predictions on the future of cloud computing:

Storage Capacity in the Future of Cloud Computing

Google Cloud predicts that the sum of the world’s data will swell to a staggering 175 zettabytes in 2025. This means that the world’s data will grow more than five times its 2019 size of 33 zettabytes.

For this reason, cloud storage providers will be pressured to increase storage capacity. This is so that they could cope up with the demands and rapid growth of data. Thus, there is a reason to believe that an increase in storage capacity is included in the future of cloud computing.

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Internet Performance in the Future of Cloud Computing

NCTA.com reports that top broadband speeds have gone up exponentially from 16 Mbps to 2 Gbps. This is only within a decade. They also reported that about 80% of US homes have access to 1 Gbps Internet speeds.

At this rate, people could expect a brighter future for the Internet. These numbers mean that more people will have access to a fast Internet connection in the future.

Cloud computing is dependent on the Internet as its services are usually offered through it. So, a better future for the Internet would also mean a brighter future of cloud computing.

Cost of Infrastructure in the Future of Cloud Computing

The improvement of cloud computing in the future will also mean widespread virtualization. Resources such as servers, operating systems, networks, and storage will be virtualized in the cloud. This would also mean that businesses would cut down investments on hardware.

Virtualized resources cost less than hardware resources. Not to mention that businesses have to shoulder the maintenance for hardware parts. So, businesses have more opportunities to invest in their growth.

This promise of low cost for resources would encourage businesses to move into the cloud.

Future of Cloud Computing Market

In 2018, global spending on public cloud services is already US$160 billion. But, the future of cloud computing is even brighter. IDC Market Forecast predicts that this number will grow to US$277 billion by 2020.

Other cloud computing future growth predictions are also positive. Markets and Markets report that the cloud computing market size was US$272.0 billion in 2018. The same research firm predicts that the number will grow to US$623.3 billion by 2023.

Predictions on the future of cloud computing show that more and more businesses will use the cloud.

Data Management in the Future of Cloud Computing

An IDC White Paper predicts that the sum of the world’s data will swell to 175 zettabytes in 2025. This is a staggering amount compared to the sum of the world’s data in 2018 which is 33 zettabytes.

Isolated hardware will have limited capacity in processing such an amount of data. Not to mention that unstructured data is abundant in this huge flow of data. Thus, scalable processing power such as those found in cloud computing is needed. There will be a bright future of cloud computing in the processing of such huge amounts of data.

Cyber Attacks in the Future of Cloud Computing

According to Propeller CRM, there are 14.5 billion spam emails sent every day. And these spam emails receive 1 reply for every 12.5 million emails. Disturbingly, this is quite a profitable industry as spammers earn around $3.5 million in a year.

A lot of these spam emails are involved in a scheme known as phishing. In email phishing, an email will disguise as something from a legitimate organization. Then, it will ask for your information such as sensitive personal and bank details.

Cyber attacks such as phishing are still prevalent today. But, cloud security experts are currently working to find ways to fight these attacks. As these security experts are actively doing so, we can expect a brighter future of cloud computing security. Microsoft saw a decline of malware attacks in 2018 by 34%.

Forbes predicts that 83% of enterprise workloads will be cloud-based by 2020. With such a rate, it seems that the only progressive decision for businesses is to migrate to the cloud.

Migrate your business workloads on the cloud with ThinkIT Solutions. We offer scalable and industry-specific cloud-based solutions for businesses. If you do not want your business to get left behind, call us at +1 (504) 455-5552. You can also send us your inquiries at info@thinkitsolutions.com.