Hardly a few years ago, few of the IT industry experts dismissed the importance of cloud computing as just a fad. In fact, they went to the extent of stating that the content is good for social viral media, whereas the practical value of cloud computing is nil. But cut to 2018, IT analysts and companies have acknowledged cloud computing as a major force that can alter the whole of IT landscape. In fact, the future of cloud technology is dependent on the building of data centers, deployment of software, handling of upgrades in a platform and many more.
At present, because of the multiple roles played by IT in the business environment, cloud computing is sure to change the traditional methods of operation of companies. It is well-known, many companies right from small scale businesses to large scale operations are making use of cloud based software, infrastructure and platforms to streamline their existing processes for gaining transparency and for reducing the costs.
So, what will be the future of cloud technology? Shall we take a look at the pointers.
Unlike the statements stated by few experts in the first line of paragraph, cloud computing is here to stay. In fact, it is going to have a tremendous growth. The revenue for the total cloud computing companies was 46.4 billion dollars in 2008. It reached a figure of 150 billion in 2013, registering an increase of 225 percent. In recent times, experts state that cloud computing is fast becoming the most favored model for technology deployment for all companies in the globe.
There is another reason for cloud computing to become famous. The emergence of high profile Wi- Fi devices. A few decades back, you have to go to your office for completing the work schedule. But with the emergence of laptops and wifi devices, you can complete the work anywhere.
Companies have also woken to the fact that it is impossible to tie the workforce to the desk. So, they are ready to work with applications, which can give more accessibility and transparency. When all the applications of a company moves to the
cloud, then you can log on to the application by means of a web device such as the laptop, smartphone.
3. Online Security Concerns Will Be More
The online banking was welcomed with open arms. But then phishing and other online scams led the general public to view the service with disdain. When cloud technology reaches the brim, there can be many scams because of misconfigurations and exposure of sensitive data. At present, there is no damage, but in the future, you may see an array of breaches because of cloud technology. There could be some funny cases, because someone forgot to lock the digital door, leaving a hacker to exploit the situation and escape with value assets worth billions.
As of now, there are three types of cloud. Hybrid, public and private. Usually, a small business should know the fine line between these three types or they will lose money. In the future, due to variety of industries making a venture to the cloud, many more subtypes may be born.
As of now, it is US cloud providers who are famous for their services, but in the future, many local companies will also join the bandwagon. Even countries outside the US will also have their own cloud computing platforms.
Every company wants to have their data in the cloud, but it is also true, they have reservations on the security of data. The main reason, they do not want all their data under one cloud provider. The game plan of many companies is similar – decide on a cloud platform with one of the service providers, and build up the skills of their team slowly. In the process, another department will work with a completely different cloud provider. They will definitely consider capability, service quality, price, and other advantages offered by providers.
Till 2018, the companies plan to adapt to cloud technology. But once every company or a company has moved to the cloud, then they will devise ways to optimize the cloud. In fact, you can see a significant change in cost, management, data security, data integration, data encryption and governance etc.
With the recent burst of technology, the demand for the hybrid cloud type will continue to grow for many businesses. In fact, communication, reliability of applications will make companies opt for the hybrid type of cloud platform. Operation managers of IT companies will also manage a bigger portfolio when compared to the olden days. They may have to make smart decisions about moving a data to the cloud and giving the responsibility of the other data to third parties.
There is a popular term – Change is permanent. So, even cloud technology will move to more modifications in software. For sure. Period. Let us imagine, you have recently opened a home maintenance company specializing in fridge repair in Hyderabad. Because it is a high-tech city, and all the homes have a fridge, your business is growing. But being smart, you have employed only five persons as customer care executives in a small office. The rest of the fifty member team comprise of fridge repair technicians. And a part of your company applications are stored in the cloud. Some of your employees work from home. They log into the cloud platform, which is accessible with a web enabling device and complete the tasks. You plan to move all the applications within this year which will be more helpful not only to the employees but also to your customers. Now there will be no need to trust a hosting provider. With the cloud, the customers will be able to book the services faster.