Cloud computing will provide abundant resources and control levels in the network infrastructure to provide protection of data in the next five years
In the past decade, almost every aspect of the digital world has been linked to the cloud in one way or another and as more industries, tech giants find better ways to process data in the wake of the pandemic, uses of the cloud may astonish a lot of industry players. Cloud computing, a billion-dollar economy, has grown to a vast and complex ecosystem of advanced technologies. The cloud is ubiquitous, but invisible, which is one of its strengths. It doesn’t take up space and allows data to be shared effortlessly. The cloud ecosystem is composed of three primary types: public cloud, private cloud, and hybrid cloud. The scale of the global demand for cloud computing services is influenced by several variables, including cost-effectiveness and technical capabilities.
The huge processing power of the cloud eliminates ambiguity allowing companies to make decisions with greater confidence than ever before. All this only touches the surface of what’s possible using the cloud today. Indeed the importance of cloud computing will grow significantly during the next five years. Here’s how.
CLOUD COMPUTING TRENDS
According to reports, India data center market size is expected to grow at a compound annual growth rate (CAGR) of over 4% during 2019-2025 and cross USD 4.5 billion in the next five tears. The cloud market will drive the adoption of Infrastructure as a service (IaaS) at a CAGR of 20% between 2020 and 2025, while the global cloud computing market size is expected to grow from USD 371.4 billion in 2020 to USD 832.1 billion by 2025, at a CAGR of 17.5% during the forecast period.
Cloud computing and big data analysis will become the leading enterprise technology. The old-style data processing applications are challenged by big data technology in capturing, storing, analyzing, transferring, visualizing, updating and sharing large amounts of simple and complex data. The three key areas that big data has challenged in the recent years are: volume, variety, and velocity. 28 www.dqindia.com
Data consumption by users will explode on all online platforms leading to a better understanding of behavioural data points, engagement trends, and subsequently drive better industry-consumer relationships. In the next five years, we will further see development with variations in cloud enlargement and complex data trends improving the technological landscape of IT businesses.
Modular Programming will become a significant technology. It is a type of computer software design technique that divides the functionality of a program into autonomous interchangeable segments to implement a particular aspect of the preferred functionality. Cloud computing requires complex modified software and with modular programming, it can provide better security, facilitated to the businesses.
Software programs will become more user-friendly and flexible for all types of consumers. Application of modular programming will provide the biggest advancement to IT industries in terms of cost-cutting and budgeting, as well as time-saving. In the next five years, software development will lead to applications being stored on the cloud as well as different modules and cloud servers. We will see a reduction in the cost of software by a large number as storage of modules of programs on varied storage mediums is economical.