7 Key Cloud Computing Trends
7 Key Cloud Computing Trends That Will Shape Enterprise Computing In 2020
In 2020, expect cloud computing to dominate the market, as it will continue to be the platform for emerging technologies such as artificial intelligence, blockchain and Internet-of-Things
The Continued Rise of Hybrid Cloud
Hybrid cloud will continue to be the deployment model of choice in a multi-cloud environment, as various cloud providers provide more versatility to businesses. For example, research firm Gartner estimates that 75 percent of enterprises will have a multi-cloud or hybrid cloud model implemented by 2020. Another research firm study, MarketsandMarkets, found that a number of factors, such as cost efficiency, scalability, agility and security, are expected to drive demand for hybrid cloud.
The firm expects the hybrid cloud market will grow from $44.6 billion in 2018 to $97.6 billion by 2023, at a 17 per cent CAGR.The report estimates the hybrid cloud market will grow from $44.6 billion in 2018 to $97.6 billion by 2023, at a 17 per cent CAGR. The company claims that hybrid cloud provides economies of scale while providing security to business confidential information at the same time.
Edge Computing Moves to Center Stage
A Cisco report estimates that by 2022, the number of devices connecting to IP networks will be more than three times that of the global population. Likewise, a report by Gartner forecasts that 14.2 billion linked devices will be in use in 2019, and that this number will exceed 25 billion by 2021, generating huge data volume. A research by McKinsey states that every second 127 new IoT devices connect to the Internet. It obviously has a big impact on how data centers are designed, as companies will need smaller data centers at the edge to position them closer to where data is being produced.
Hyper-scale Data Centers Set to Scale Up
Enterprises are running at a hectic pace in the digital age.https://www.mckinsey.com/ This is an era of instant consumption, and companies can't wait for their IT systems to deliver the services at a pace that traditional systems offer. Organizations need an IT infrastructure that can scale to meet increased demand at an extremely fast rate, and then scale down accordingly when demand is reduced. This led to demand for data centers of a hyper-scale type. Hyper-scale refers to an IT system or architecture's ability to scale exponentially and swiftly to respond to increasingly heavy demand. A report by Markets &Markets estimates the hyper-scale data center market to grow from $25.08 billion in 2017 to $80.65 billion by 2022, at a CAGR of 26.32 per cent. Cisco estimates that by 2021, traffic within hyper-scale data centers will quadruple, and hyper-scale data centers will account for 55 per cent of all data center traffic by 2021.
Demand for Disaster-Recovery-as-a-Service Peaks
The cost of downtime is rapidly increasing as more companies follow the digital path. The average cost of a data breach is close to $3.92 million, according to an IBM survey. The average cost of IT downtime, Gartner reports, is close to $5,600 per minute. It, of course, depends on the company in which the organisation. For example, if it's an e-commerce business, the cost can be catastrophic because downtime means lost sales opportunities. At the same time, laws like GDPR have required organizations to treat citizens ' data with extreme caution. Organizations must be legally compliant and also assured that their plans for recovering from disasters are in effect. IDC estimates that the DRaaS market will reach $4.5 billion in 2020 with a 15.4 percent through 2023.
Hyperconverged Infrastructure Set to See Increased Interest
Hyperconvergence –an IT architecture that incohttps://www.rackwareinc.com/draasrporates storage systems, servers, and networking into a single platform–has emerged as a popular choice because of its promise of unified, easy management, while increasing scalability. Gartner expects the transition to a hyperconverged infrastructure (HCI) by 20 percent of business-critical applications currently deployed on a three-tier IT network by 2020. Research firm Mordor Intelligence estimates that from 2019-2024 the hyperconverged infrastructure market is projected to experience a healthy CAGR of more than 13 per cent.
Increased Use of AI in the Data Center
Improved use of AI in the data center will be seen by 2020. From saving energy to detecting patterns in server or hardware failures on the network, AI can be used to solve problems proactively before they happen. AI-based systems can also help data centers learn from past data, and more effectively spread workloads over peak periods. AI can also help organizations in solving skill shortage issues. Gartner, for instance, predicts that by 2020, 75 percent of organizations will experience visible business disruptions due to infrastructure and operations skill gaps (an increase from less than 20 per cent in 2016).
The Rise of Containershttps://www.rackwareinc.com/draas
The once-build it, run it anywhere container slogan has found great interest among organizations. By 2023, Gartner expects more than 70% of global companies will run more than two containerized production systems, up from less than 20% in 2019. Likewise, IDC expects that by 2021 95 per cent of new micro-services will be deployed in containers. Since containers simplify deployment, management, and organizational issues associated with a hybrid cloud, they are expected to see a huge increase in deployment, in line with the hybrid cloud growth observed.