The onset of 2020 has marked a new commencement of a new year and a new decade. It has also set new heights for new technology trends in the world of data and information storage. As we all wonder about our in the professional and personal aspects, the IT industry is also bent upon bringing about new trends that are more secure and better. We can also observe new trends in the community of cloud computing.
Cloud computing is emerging as the next-gen technology that would be preferred by all the organizations to enable their digital transformation. The cloud computing services market is venturing to grow immensely in the year 2020. In 2019, the estimate was 17.3% ($ 206 billion), and it is estimated that 90% of organizations will be using cloud services.
Cloud computing is indeed a buzzword in business environments. It offers new and exciting opportunities for businesses to contend on a global level. It also enables a user to store and share data/information like files, applications, and more to remote locations. The business owners, from startups to established organizations, have recognized the significance of cloud computing; infact, some already have adopted this technology for their good.
How Cloud technology Helps Businesses
There is no denying the fact that initial storage has served us in every way and fulfilled our every need for data storage, but they were indeed expensive. The case is reversed in cloud computing; it is cheaper than other storage solutions. Hence, businesses are looking forward to adopting such services as they are scalable and affordable. It is no surprise that virtualization has expanded the value of physical equipment, which implies that companies can achieve more with fewer resources invested. Not only this, a dramatic declination in rack space and power consumption, It requirements can also be observed. As a result of which you will need lesser resources used in maintenance, installation, hardware, support & upgrade costs. Not to mention, saving up capital can be a lot of help in making them established globally.
With cloud computing, you get the advantage of accessing the data and its related files from any location and any device any time if you are connected to an internet connection. With times the working process is changing and getting more flexible, it is also getting more imperative to provide data access to employees, even if they are not at their workplace. Here’s good news, cloud computing not only helps employees to work from home outside of the office premises, but it also enables employers to keep up with their businesses as and when required.
Also, improved mobility and flexibility in cloud technology can let cut down on the costs of investments, and you can save more. For instance- an employer can select to carry out BYOD (Bring Your Device). Thus, employees can bring down their own devices and work on them if they feel comfortable.
Better data security is yet another feature of cloud computing. If you are not aware, with traditional data storage systems, the likelihood of data getting damaged and stolen is more. Not to mention that the chances of severe cyberattacks, including malware, viruses, and hacking. Also, other factors such as human errors and power fluctuations are responsible for affecting data security.
On the other hand, if you practice the trend of cloud computing, you will get the advantage of better and improved data security. With cloud computing, you can protect your data in different ways, such as anti-virus software, encryption methods, and many more. Furthermore, for reduced data loss chances, cloud computing services help you to remain compliant with PCI, HIPPAA, and other regulations.
Through cloud computing, effective collaboration is possible, which would aid the small businesses to track and supervise the workflow and progress for enhanced results. Many tools that enable cloud collaboration are available in the market, such as Salesforce, Google Drive, Basecamp, Hive, etc. These are the tools that allow users to create, edit, save, and share documents for workplace collaboration. A user can also set some limits to the access privileges of such materials.
Business solutions that are based on Cloud are able to create various simplified and integration opportunities with many different cloud-based providers. Businesses can also get advantages of specialized services integrating with back-office operations such as accounting, HR, and marketing. To obtain a better outcome in an organization, such as integration, makes business owners concentrate on the heart of the business.
Scalability is one of the best features of cloud-based services. Today, a small business may have the need for limited storage, mobility, and much more. But, keeping the future needs and requirements in mind it will increase considerably with the growth of the business. But, it is noteworthy that extension doesn’t always work linearly, the cloud-based solutions can accommodate the increased requirements of the organization. The latest cloud-based computing services have the flexibility to scale up or down, and this feature makes sure that all your needs are taken care of according to your budget plan.
Cloud Computing Trends in 2020:
Hybrid & Multi-Cloud Solutions
Hybrid cloud computing trends are all aboard to be the dominant business model of the futuristic approach for data storage. The public Cloud cannot serve as a ‘one-size fits to all’ type of solution in any organization. Also, shifting each and everything to the Cloud can be tricky as they are required to fulfill a few necessary conditions.
The Hybrid model provides you a transition solution that can mix-up with the on-premises infrastructure with private and open cloud services. Therefore, organizations, by being active and flexible, would be able to shift the cloud technology.
The next step for cloud evolution would be multi-cloud. This technology lets the users control and run an application, data, workload, or any cloud (be it private, public, or hybrid) depending upon their technical requirements. Hence, an organization or a company can have multiple private and public or several hybrid clouds. In the coming years, it is expected that the multi-cloud storage strategies will dominate the data storage world.
Backup and Disaster Recovery
If Spiceworks reports are to be believed, then 15% of the cloud budget is assigned to Backup and Disaster Recovery solutions, which obviously is the highest allocation for the budget. Not to mention, it is followed by productivity and email hosting tools. This significant percentage impacts the shared responsibility model that public cloud providers such as AWS (Amazon Web Service), Microsoft Azure, Google Cloud operate on. These are responsible for the availing Backup and DR solutions and security of the infrastructure while the users are in charge of data compliance and protection.
Serverless Computing is gaining more popularity and will continue to do so in 2019. It is a procedure utilized by Cloud users, who request a container PaaS (Platform as a Service), and Cloud supplier charges for the PaaS as required. The customer does not need to buy or rent services before and doesn’t need to configure them. The Cloud is responsible for providing the platform, its configuration, and a wide range of helpful tools for designing applications, and working with data.
The Data Container usage process will become even more comfortable in 2020. The trendy containers that will be used for transferring data, they will store and organize virtual objects, and resolve the problems of having software that would run reliably while the data is being transferred from one system to another. Though there are some detentions. Indeed containers are used to transfer the data, but they can only be utilized with servers having a well-matched operating system called “kernels.”
Artificial Intelligence Platforms
The use of Artificial Intelligence for processing Big Data is one of the more significant upgrades in collecting business intelligence data and giving a better understanding of how business functions. AI (Artificial Intelligence) platform supports a faster, more productive, and efficient way to work together with data scientists and other team members. It can surely assist in reducing the costs in various ways, such as by automating the simple tasks, preventing the duplication of effort, and taking over some expensive labor tasks, e.g., copying or extraction of data.
One of the systematic approaches to execute data processing at the edge of the network to simplify cloud computing is Edge Computing. It is a result of the increased use of IoT devices. Edge is necessary to run real-time services as it makes it more efficient and streamline the flow of traffic from IoT devices and offers real-time analysis and data analytics.
The rise in technology can be inevitably seen; security is another severe contemplation. With the overture of the GDPR (General Data Protection Regulation), the concern of security has risen much higher and is the most critical thing to look after. However, many businesses are turning to cloud computing without any solemn thoughtfulness of its compliance protocols for security. Therefore, GDPR will be a vital thing in 2020.