“According to a new IDC forecast worldwide, spending on the whole cloud opportunity (offerings, infrastructure, and services) will surpass $1.0 trillion in 2024 while sustaining a double-digit compound annual growth rate (CAGR) of 15.7%.”
The business world has observed a massive shift to cloud-centric digital infrastructure with the pandemic’s onset in 2020. Businesses optimize cloud technology for sophistication, scalability, and security while infusing digitalization to the IT assets.
Taking a step forward beyond the acknowledged cloud benefits, the forthcoming years will shed light on its capabilities like seamless collaboration, the hybrid cloud’s power, service providers’ potential, and practical applications for IoT, AI, Blockchain, etc.
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As we are stepping into 2021, it is instrumental in knowing the key trends playing a massive role in boosting cloud spending across industries. This blog will talk about accelerating cloud adoption trends and are winning big in the IT environment in 2021 and beyond.
Top 5 Cloud Adoption Trends 2021
#1. Cloud Was Meant For Automation
The more, the better is how automation can be defined in the context of the cloud. Automation manages hybrid and multi-cloud environments through a unified set of processes for agility, robustness, and consistency. Cloud automation can make IT tasks more scalable and workflows more reliable by improving security and resilience.
Moving to the cloud with automation in place can unlock agility. Cloud automation enables net-gen DevOps practices as injecting automation in the infrastructure provisioning and application delivery is pivotal to get the agility advantages that the cloud offers.
According to Statista, automation software has been prominent for several years. Still, it is increasing, and cloud-deployed software is expected to grow at a compound annual growth rate of 9.4 percent between 2018 and 2023.
#2. Analytics And Cloud Business Intelligence (BI)
Data being the new oil has undoubtedly become the most valuable asset for organizations. Analytics is quintessential to make succinct inferences out of data, and the cloud makes it possible. Cloud empowers organizations to re-envision Business Intelligence (BI) and analytics platforms.
BI in the cloud lowers the total cost of ownership as no additional expenditure on hardware or software setup. With the ease of development, simplicity, scalability, and mobile-friendliness, cloud-based BI solutions can boost organizations’ growth.
According to Forbes, 54% of enterprises say cloud business intelligence (BI) is either critical or very important to their current and future strategies.
#3. Distributed Cloud To Streamline Modern Business Requirements
In 2020, most cloud service providers had a distributed presence to make their services readily available to the cloud-users. Whereas “micro data centers” would be set up for a location with more users, and pop-up cloud service points will deal with the temporary requirements. The equipment that drives public cloud services will be housed in places near the point of need to fulfill the low-latency requirements of apps that use them.
This facilitates the apps to run directly from the cloud providers’ native services without building new infrastructure altogether. These rapidly spreading cloud service points are related to edge computing. Enterprises use edge computing to seek near-instant access to data and computing resources to cater to customers’ needs.
According to Gartner, the distributed cloud is the future of the cloud.
#4. Multi-Cloud And Hybrid Cloud Strategy Will Be On The Roll
The CIOs will develop this issue keeping in mind the problems related to minimizing vendor lock-ins and withstanding service disruption risks. Then they will invest in application portability to migrate apps across different platforms without any changes to reap the benefits of a multi-cloud strategy.
The multi-cloud strategies will exclusively focus on functionality, procurement, and risk mitigation. Enterprises will opt for a hybrid cloud adoption strategy to capitalize on different cloud vendors’ potential and strength. Cloud-enthusiasts expect to see an uptick in hybrid cloud deployments due to the increasing adoption of cloud-native development and infrastructure.
According to Forrester Research, the global public cloud infrastructure market will grow 35 percent to $120 billion in 2021.
#5. Role Of IaaS And Managed Service Providers
For cloud migration, IaaS skills will become more critical than ever before. Faulty and inaccurate IaaS deployment can cause unnecessary delays in the migration process. While the “lift-and-shift” model has got a lot of traction, chances of failure have increased manifold along with latency and performance issues.
Likewise, the lift-and-shift strategy does not help in boosting cloud-native skills. To deal with this situation of workforce shortage, enterprises will be seen to collaborate with managed service providers to ensure a successful migration as they possess high-level experience and expertise.
According to Businesswire, the global market for managed IT services is estimated to reach $256.5 billion in 2021.
Conclusion – The COVID-19 pandemic has pushed businesses to move to the cloud for many reasons, with business continuity on top. In 2021, the cloud will become the backbone of the data-driven and application-based technology environment.
From budding startups to large enterprises, every organization has realized the importance of cloud computing in 2020. In the forthcoming years, the leaders will be laser-focused on cloud adoption strategy.
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