Top Five Cloud Computing Predictions of 2019

As the competition grows, the industry is expected to see the biggest cloud providers. The Low-cost infrastructure coupled with high-value development services is making the cloud as a new enterprise digital application platform. The spending on the cloud now is much faster than that was predicted a few years ago.

Forrester predicted that cloud computing would radically accelerate enterprise transformation everywhere. The future can't be seen, however, it can be predicted by the current trends and usage. Gartner calls this the second decade of cloud computing. The last decade witnessed an increase in cloud adoption across the industry.

The prediction is that with changing times, businesses need to change their strategies and way of working if they want to survive or really grow in the future. We've listed a few trends/predictions that are likely to happen.

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1. Increase in Enterprise cloud Spending

The spending on the could technologies will go high as companies willing to modernize existing apps and processes. This adoption is to make use of new data insights derived from loads of data collected from legacy systems. With the new investments into SaaS apps, using new cloud-native techs like Kubernetes, containers, and functions, organizations are looking to go the extra mile and empower themselves digitally.

2. Hybrid Cloud Platforms

Today companies are inclined towards hybrid-cloud environments. This helps in splitting data and workloads between on-premise clouds and public providers or enterprise managed cloud providers. Big players are gearing up for multi-cloud environments. The reason for this is to make use of multiple public cloud providers to outsource it to the vendor who will manage everything.

3. Cloud services that suit everyone

Cloud computing service providers offer capabilities according to different models such as: infrastructure as a service (IaaS), platform as a service (PaaS) – including specialized PaaS types such as integration platform as a service (iPaaS) and data platform as a service (dPaaS) – blockchain as a service (BaaS), software as a service (SaaS), mobile backend as a service (mBaaS), function as a service (FaaS), as well as serverless computing.

4. Increased Cloud Deployment

Companies can expect an increase in third party, commercial and enterprise developers and API exchanges. Off late, close to 65 percent of the new applications are being built with the cloud in mind, which expects to see more and more resources going towards cloud development.

5. Traditional Infrastructure to go away

For new services and functionality, companies adopt cloud applications. Having said that, we also expect these older systems remain in place. From next year and beyond, the legacy applications will be enhanced by using the cloud functionality including new database technologies, edge computing solutions for IoT, AI and machine learning capabilities to help bring new life into old functionality.

The cloud computing market is forecast to reach $411bn by 2020 according to new research from global communications provider CenturyLink and Statista. Today the global cloud computing market is worth $180bn in vendor revenues for SaaS, PaaS, and IaaS with the market growing by 24 percent annually. Estimated at just $24.65 billion in 2010, it has already surpassed the $100 billion mark and looking to reach $150 billion by the end of 2020.

Gartner Projects Cloud Services Industry to Grow Exponentially Through 2022. The worldwide public cloud services market is projected to grow 17.5 percent in 2019 to total $214.3 billion, up from $182.4 billion in 2018, according to Gartner, Inc.