Four Trends in Cloud Computing | Luke Lonergan



With the role of chief information officers continuing to evolve, the next year promises some trends that will put pressure on them to meet the expectations of customers, employees and partners. In the next year, the C-suite managers in IT will need to balance the capacities of the latest cloud computing technology while also giving attention on security.

Here are four trends in cloud computing that chief information officers should gear up for in 2019:

1. The number of cloud services and solutions (SaaS, IaaS, PaaS) will continue to rise
As per Bain & Company, subscription-based software-as-a-service (SaaS) will increase at a rate of 18% compound annual growth rate (CAGR) by 2020.
As per KPMG, investment in platform-as-a-service (PaaS) will rise to 56% in 2019 from 32% in 2016. As per Gartner, infrastructure-as-a-service (IaaS) market is expected to touch USD72.4 billion by 2020 all over the globe. Considering the ongoing cloud computing trends, the volume of cloud solutions in both private and government sectors will increase in 2019.

2. Quantum computing is closer than we think
Computer giants such as IBM, Google, Microsoft and Intel are working to develop the first quantum computer that can deliver promised solutions such as solving complex medical problems, data encryption, real conversations with artificial intelligence, weather prediction and improved financial modeling. In November last year, IBM unveiled a 20-qubit and a 5-qubit version and started offering quantum computing as a cloud service. Samsung, Barclays, Daimler Honda and JPMorgan Chase were the first to sign up for testing.

3. Large number of businesses will transition to hybrid cloud solutions
Several companies are reluctant to opt-in to cloud computing for the high costs and risks associated with it, but with hybrid cloud computing the costs and risks are mitigated and companies can make the transition at their own pace. In 2019, a large number of companies will opt-in for a hybrid cloud computing that will enable them to access the effectiveness and efficiency of cloud solutions.

4. With General Data Protection Regulation, cloud security will become trickier
After the introduction of the General Data Protection Act (GDPR), security risks will pose a threat to the cloud computing technology.

A Gartner report says that 99 percent of vulnerabilities exploited will continue to be ones known by IT and security professionals for a minimum of one year by 2020.
In 2019, companies will have the tough task to make sure that their data practices completely adhere to the stipulations of GDPR.

With the above trends in the next year, the chief information officers need to make sure that they are up-to-date with the developments going on in the cloud computing technology.
For more information, About Luke Lonergan

Comments

Post a Comment

Popular posts from this blog

Why Business Intelligence is Important - Luke Lonergan

Image
Business Intelligence , BI is a concept that usually involves the distribution and integration of relevant and useful business information in an organization. Companies use BI to detect important events and identify / monitor business trends to quickly optimize their changing environment and landscape. If you use effective business intelligence training in your organization, you can improve the decision-making process at all levels of management and improve your strategic management processes. Why Business Intelligence is Important  The 21st century is considered to be the age of information technology, thus the ability to use data and information in real time has become the key to the success of any organization. Due to the recent revolution in Internet technologies, the amount of information generated every second is very high. No matter what business or industry is in today, there is nothing but important information to make logical business decisions, but access ...
Read more

Advantages of Software Development for your Business By Luke Lonergan

Image
Most businesses rely on a patchwork of systems and applications for their day-to-day operations. By automating your workflow and integrating your processes using custom software development, your business can run more efficiently and your system can be better tailored to your needs. In   Luke Lonergan , has to create a smart software integration solution. There is a vast experience of working with businesses of all sizes, reducing headache while maximizing productivity It said, while off-the-shelf software may be attractive because of its convenience and its initial cost, are given many unique advantages in custom software development that can really take your business to the next level. Advantages of Software Development for your Business Here Luke Lonergan has discussed the various advantages of software development such as: Cost Reduction : Technology reduces resource requirements by providing cost economy, thus improving productivity and reducing license fees. Whe...
Read more