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, t...