Today, businesses are turning to the cloud as a solution to drive innovation, expansion, and disruption rather than looking at it as just a cost-cutting strategy. The global cloud computing market is estimated to grow at a compounded annual growth rate (CAGR) of 16.3 percent, from USD 445.3 billion in 2021 to a staggering USD 947.3 billion in 2026. The pandemic is further fueling the growth of the public cloud. While spending in the APAC region is on the rise, it still has years of growth in the US to catch up to. Cloud computing is at the cusp of causing a revolution in the developing economies as well with the potential of increased return on invested capital by lowering infrastructure and storage costs. The stricter compliance requirements and cybersecurity threats are also driving cloud adoption and migration all around the world.
Cloud computing is the on-demand delivery of IT services and resources via the internet. It enables you to pay for only the resources that you actually use. It is a modern alternative to a traditional IT department and on-premises IT infrastructure. Cloud computing can provide access to a shared pool of configurable computing resources such as servers, storage, applications, and services via the internet that can be rapidly provisioned and released with little effort from the management team or cloud service providers. Cloud adoption is ubiquitous across organizations of varying sizes operating in a multitude of industries. The possible use cases are pretty much endless ranging from storage, compute, data analytics, deep learning to cloud-based applications and services. There are four main types of cloud computing:
With climate change finally being a part of the conversation surrounding the growth of businesses, sustainability will be a major factor driving cloud adoption going forward. Sustainability in the cloud is a term that is used to describe the ability of a company to manage its resources in a way that allows it to continue to operate efficiently and effectively over the long term without having an adverse effect on the world. Moving your existing infrastructure to the cloud can decrease your carbon footprint considerably. Cloud computing can empower organizations to optimize their hardware utilization in order to stop wasting energy. Large technology companies like Google and Amazon have also committed to transitioning their data centers to sustainable energy consumption by the end of this decade.
Security and compliance are critical for any business. The consequences of a data breach can be costly, both in terms of the financial impact and the damage to a company's reputation. Cloud providers can control access to applications and underlying resources through security and compliance solutions. They can monitor network traffic for signs of malicious activity and attempt to detect and prevent breaches of security policies. Compliance is a major reason for avoiding a cloud-first methodology for many businesses. But gaining a clear understanding of how security and compliance can be achieved in the cloud can enable companies to capitalize on this amazing technology. Technologies like secured access service edge(SASE) are allowing organizations to implement an increasingly impenetrable network security architecture that is delivered via the cloud computing delivery model. It is not fair to assume that the responsibility for security in the cloud lies upon the cloud service provider alone. In fact, It is essential that the shared responsibility for security and compliance is acknowledged by both parties.
The AI cloud industry aims to provide a shared infrastructure to provide on-demand tools to implement AI-based solutions into your applications. By lowering the cost of adoption and implementation, it is essentially democratizing access to AI. The power of AI-based insights and the agility and scalability provided by cloud services providers is enabling the creation of innovative products that are constantly improving the life of customers. The importance of being able to integrate deep learning methodologies like natural language processing or computer vision on-demand and without the need for writing complicated neural networks cannot be understated.
Cloud gaming, augmented reality, and the metaverse are all technologies that are poised to change the way we interact with the world around us. Cloud gaming enables users to play video games without having to purchase a top-of-the-line gaming rig by accessing a virtual machine in the cloud over the internet. While the efforts from service providers and response from users have both been limited thus far, this industry is showing a tremendous amount of potential with companies like Nvidia, Microsoft, and Google investing billions of dollars to provide their users with an amazing experience. Cloud gaming can also open up the gateways for new business ventures.
Atidan specializes in helping your business realize its true potential with the help of the latest technologies to make sure that you come out ahead. With decades of experience and a tremendously powerful platform, our goal is to help you realize the full potential of today's cutting-edge technologies. With a presence in over 14 countries, We have software engineers that can help you maximize your technology investments and bring new efficiencies to your business. Our team of developers, architects, and specialists bring a diverse array of technology frameworks and a rock-solid approach to ensure your application works seamlessly. In addition, Atidan’s expert consultants will work actively with your business process managers, IT staff, and executive leadership to identify your requirements and help you reach your business goals. Planning and executing an impeccable cloud adoption strategy can be made easy with the help of Atidan.