Based on our study of Forrester documents at AustereTech, we understand that the total global public cloud market will be $178 billion up from $146 billion in 2017 with a continuous annual growth rate of 22%. Amazon Web Services, Google, and Microsoft will capture 76% of the cloud market share in 2018. By 2020 these three players will have obtained 80% of the cloud market globally. Forrester predicts SaaS vendors will compete more at the platform level, running portions of their services on Amazon AWS, Microsoft Azure, Google Cloud Platform (GCP) or Oracle Cloud in 2018.
As we walk into the last week of 2017, techies are busy chalking out plans for 2018 IT budgets and spends with an objective of using technology to accomplish their business objectives. We at AustereTech felt that it would be an appropriate time to put out the top five trends to watch out for in Cloud Space.
Cloud Acceptance to Cloud Optimization:
Now cloud being around for close to a decade, businesses today are aware of the advantages cloud can present to them. It enables the company to work from anywhere, anytime. In 2017, we have seen many mid-segment and start-ups moving towards the cloud. In 2018 we expect to look at the exponential growth in cloud acceptance by organizations across the world. The organizations that have already adopted cloud are on a constant lookout to upgrade their platforms with the advancement of technology. There have been constant comparisons published across the top 3 players. The world is moving towards Cloud Optimization.
Adoption of Cloud Storage:
With increased data all around organizations have started running out of the storage space very soon and the physical devices or servers adopted for data storage are costly and not reliable always. This fact is slowly making organizations move towards cloud storage. The corporations like Google and Microsoft are selling bundled cloud services of email, cloud storage, business office software, Conferencing and other stuff over the cloud. Bundled services come with a price advantage and are also pushing organizations to back up their data in the cloud.
Multi-Cloud on Demand:
Most of the organizations who have implemented a single cloud for its requirements are now actively looking for a second cloud vendor to support their growing needs. There is a discussion around the concept of Multi-Cloud. This means organizations adopt more than one cloud for their growing needs. This can be termed as the ever-increasing trend to watch out for in 2018. Open source technology will gain priority once again to avoid vendor lock-in to a specific environment in Multi-Cloud concept.
Evolution of 5G:
Most probably in 2018, the world will see the enhanced quality of internet as we move away gigabyte speeds to the faster 5G world. The cloud networks should be scalable to this change. All new implementations will consider this, and the existing cloud platforms will make the necessary adjustments to be 5G compatible.
Cloud and the DevOps:
DevOps is one concept that has grown in parallel with the cloud. The CIOs globally have mastered the art of scaling DevOps in a lean way. In 2018, the CIOs will be under severe pressure to release software at lighting speeds adopting cloud or by optimizing cloud. DevOps has reached an inflection point with the cloud which cannot be overlooked in the fast-paced IT environment.
There could be many other trends that can make things count in the cloud space in 2018. We at Austere Technologies have listed few patterns based on our work experience of having worked on large-scale global projects. For more information, please visit www.austeretech.com