Cloud Computing in 2020: Predictions vs. Reality

Introduction:

Cloud computing has been at the core of business processing worldwide. But a impact of remote work and digital transformation accelerated like never before. For a survival and growth businesses are turns to the cloud for scalability, security, and efficiency.

Cloud computing is one of the most successful innovations since its inception in the mainstream market. It is safe to conclude that Cloud Computing and its benefits such as cost savings, increased efficiency, and improved opportunities are not unheard by any IT professional today. According to a few reports, it is estimated that 83% of the total workloads in businesses globally would be on the cloud by 2020. And it seems to be matching the current figures. Of the 83%, 41% of workloads are believed to be on public cloud platforms.

All the major sectors of businesses such as financial institutions, manufacturing, and healthcare have significantly progressed in adopting the cloud in recent times.

How the Cloud will help Businesses?

Despite the negative sides to the cloud such as security and data loss, the cloud has ways to protect the data for assurance that it remains accessible and secure at all times. Here are some of the ways to use the cloud for your business in 2020.

Data Archival and Storage Optimization

Businesses are aware of the importance of data when it comes to strategy and future estimation. In 2020, being the last year in the decade, cloud computing will play an important role in data storage and archival. Due to this, Cloud services providers are already engaged in providing extra space to the clients for 2020.

Enabling a Mobile Workplace

With the rise of shared workspace businesses of Bootstart and Awfis, startups require flexible IT Infrastructure. Cloud is the perfect solution to this as it is accessible from any part of the world at any time. Enhancing productivity and collaboration.

Secure Data Sharing

Whether you’re at the office or somewhere else, Cloud-based platform enables real-time data sharing at your ease. Once the data is in the backup, sharing files is as easy as sharing a link.

Cost-effective File Storage

In a small and mid-sized business, Cloud-based storage eliminated the need for physical hard drives, offering scalable, secure, and environmentally sustainable alternatives. Many data centers transitioned to green technologies, contributing to lower carbon footprints. Cloud will be a great replacement for small businesses and startups, currently storing data in the local system.

Scaling Business Growth

Cloud computing allowed businesses to scale operations on demand without heavy capital investments. Companies could expand or reduce cloud resources as required, eliminating the need for costly in-house IT infrastructure.

Cost Reduction

Paying a full-fledged in-house team is not feasible for small businesses and startups. Managed cloud services providers are the best option to choose when it comes to the cloud. The cloud services providers are responsible for maintaining the software, hardware, and infrastructure of your business at a very low cost.

Cloud gets Global

Looking at all these advantages, the year 2020 will play a major role in the growth of cloud innovation for business with IoT, AI and Big Data Integration accelerating digital transformation. This will lead to greater global collaboration and communication among companies globally.

Key Takeaway: The Future of Cloud Computing

The research will drive more innovations, which means that each passing year will bring new challenges and more opportunities for the IT industry. The innovative technologies will make businesses to re-think about their strategic necessity and infrastructure to remain competitive. While the businesses aiming for agility and versatility, efficiency will be an achievement.

By leveraging cloud consultancy services, businesses can stay updated with industry trends, optimize infrastructure and drive sustainable growth in the market with a cloud.