The ever-changing landscape of data management in recent times has provided businesses across every industry sector the power to effectively synergize their technologies. Of such developments, it is perhaps the cloud that has proven to be most efficient as a rapidly expanding and ubiquitous data infrastructure.
Cloud computing applications have repeatedly made headlines and will continue to affect businesses well into 2015. The success of predictive analytics and cognitive technologies in their ability to deliver insights hinge upon the provisional environment created by the cloud, and this is one of the reasons for its significance.
The Prevailing Acceptance of Cloud-Based Computing
The necessity of the cloud in relation to data management practices in today’s modern age was a topic of discussion – and a lengthy one at that – at IBM’s Insight Conference held in 2014.
This conference delivered the message that analytics, cloud technologies and cognitive computing are capable of being effectively implemented and will continue to be so well into the future as more and more businesses begin to adopt and harness the power of the cloud.
What are the trends for 2015 and how will they affect the world of business? This article will analyze a number of unique trends that will play influential roles in emphasizing the cloud’s growing applicability across multiple industries.
1) Increasing Cloud Migration
Companies across industries including hardware, infrastructure, software, Internet technologies and IT services will be migrating to the cloud in a strategic bid to take advantage of the shared infrastructure.
This trend, while seemingly sudden, has been decades in the making and we’re only now beginning to see a massive push towards the new technology and limitless versatility. Those that do not make the transition may not be able to keep up competitively in the mid to long term. As such, companies will need to strategize far more carefully then they have had to in the past.
2) Shift to Second-Tier Price Leadership
While top-tier companies such as Amazon, Azure, Google Compute/App Engines and Soft Layer continue their upwards momentum, independent developers and other well-placed SMEs will follow suit.
In all likelihood, they will gravitate towards a more affordable infrastructure tier as popularized by DigitalOcean, now the world’s third-largest hosting provider, according to a recent article published by Netcraft.
3) The Public Cloud Will Hybridize
Industry experts and analysts suspect that enterprises unable to focus their efforts on integrating their applications with dynamic data environments to form working hybrid solutions will be unable to efficiently protect their data centers from oversights and other glitches. This is driving many to embrace the push towards a hybridized cloud as it matures in 2015.
4) The Cloud Will Create Risk Investment Opportunities
Businesses will be investing more heavily in the concept of risk and reward and will be turning to the cloud for answers. Modern enterprises that make use of the cloud will be operating in an environment where risk is heightened, as there will be a greater chance that any issues that arise will be external to the company.
This dynamically changing cloud-based ecosystem will prompt many to deploy high-risk teams in the hopes of developing the next big thing in business, even if they fail during the early stages – a situation in which loss will be minimized regardless.
5) Cloud Brokerage Services Will Increase
A trend that began in 2014 will come into full force over the next 12 months. There will be a rise in the number of cloud-based intermediation services offering to help organizations coordinate their efforts more successfully.
Any enterprise deciding on which cloud brokerage service to partner with must first develop a comprehensive strategy that will take optimal advantage of what the cloud has to offer before incorporating their directional input.
Redefining the Year Ahead
What is readily apparent is that these latest trends in cloud computing are already exerting dramatic influence over the technological landscapes of multiple vertical industries. If your business is in a position where it’s necessary to evaluate its internal structure, switching to the cloud should, at the very least, be somewhere on your list of considerations for the year ahead.
Originally published Feb 05, 2015, updated Aug 11, 2020