The market for cloud services is growing at a rapid pace, and companies’ spending on cloud services will soon cross the $1 billion mark. Such a strong demand is associated with the new opportunities that clouds are opening up to businesses. In 2021-2022, there will be more such opportunities. Companies that give preference to cloud infrastructure will be able to significantly save on IT and bring products to market faster. Here’s why it’s time to start thinking about migrating to the cloud now.
Are You Ready for the Change?
Most midsize and large businesses understand the benefits of clouds, use the Cloudike cloud storage and similar solutions to varying degrees. According to recent research, in 2022, the volume of the cloud market will grow by 23.6%, and companies will spend $994 million on cloud services. In the future, the market will grow by about 15% annually.
Many organizations are moving to the cloud-only principle – that is, they are beginning to consider the cloud option of building infrastructure as the only scenario for business development. According to Gartner forecasts, in 2022, a third of IT companies’ investments will be directed to cloud-only products.
What to Expect in the Future?
There are many revolutionary areas that can potentially use (and will definitely use) clouds in the next years:
- Switching to modern architecture and modernizing existing IT systems – You can migrate your applications to a more modern microservice format – isolated application components in the cloud. This format replaces the traditional monolithic architecture, adapted to work on iron servers. Microservices are resistant to significant loads, allow you to quickly roll out updates, and integrate new elements into IT systems;
- Using ready-made components of IT systems – PaaS (applications as services) and applications in marketplaces are like building blocks that allow you to assemble infrastructure for business requirements. Databases, machine learning environments, monitoring systems, application containers, and more can be used as infrastructure building blocks. All these components are deployed in the cloud in a few clicks, already configured and ready for use;
- Organizing MVP (Minimum Viable Product) sandboxes – Testing business hypotheses in battle usually requires powerful infrastructure, but it only takes a few hours if you have a smart solution at hand. For example, if you want to test smart transaction processing, you need an IT system with customized processing environments. You use it for 10-12 hours, and then you roll it up. Instead of buying your own equipment, you can rent such infrastructure in the cloud for the right time. And to buy capital capacities in case of successful tests;
- Introducing innovative technologies: big data, artificial intelligence, the internet of things, and others – Clouds can become the basis for digital transformation for companies in almost any industry: from the financial sector to retail, from media projects to healthcare.
As you can see, cloud storage systems and solutions have a lot to offer. And many expect that cloud technology will become an integral tool in business and the IT environments quite soon. So, let’s keep an eye on the situation.