Game-Changing Cloud Computing Trends to Watch Out for!

Game-Changing Cloud Computing Trends to Watch Out for!
cloud computing trends
The transformation from traditional infrastructures to a cloud-based environment has been a fascinating development. Over the past two decades, cloud computing has revolutionized the way businesses communicate, store, and exchange information. The adoption of Cloud platforms as an essential tool for businesses has grown significantly. The global pandemic acted as a catalyst for the ongoing shift towards virtualization. Throughout 2020-21, cloud platforms became dominant in nearly every industry, sector, and market worldwide. This trend towards remote work and cloud platforms is expected to continue growing in 2023, with many companies adopting remote work as a permanent model.
Cloud computing refers to the on-demand availability of computer system resources and services delivered over the Internet, including servers, storage, databases, networking, software, analytics, and intelligence. Businesses and individuals can access and use these resources on demand, without having to invest and manage their own physical infrastructure. These days, most enterprises operate in the cloud rather than relying on internal systems. Companies of all sizes utilize cloud architecture to ensure business continuity, reduce costs, and enhance future scalability.
The ease of tasks like buying flight tickets or accessing medical records can be attributed to the services provided by cloud networks. Looking ahead, the cloud computing trends are expected to enable even more technologies such as virtual and augmented reality (VR/AR), the metaverse, cloud gaming, and quantum computing.

Some Interesting Stats About Cloud Computing

Throughout current times, organizations will persist in capitalizing on Cloud services to harness novel and cutting-edge technologies, concurrently propelling operational efficiencies. Here are some notable Key Trends in Cloud Computing that are anticipated to have a significant impact. But before we delve into those, let’s consider some interesting statistics about the cloud services market:
  • As per a report published by the online news portal GlobeNewswire and researched by “Precedence Research,” the Cloud computing market will grow at a CAGR of 17.43% from 2022 to 2030, and by 2030, the market value will reach US$ 1,614.10 billion approximately.
  • As per a report by CLOUDZERO, from 2010 to 2020, the global cloud market experienced an impressive growth rate, surging from $24.63 billion to $156.4 billion, representing a remarkable increase of 635%.
  • According to statistics presented by Accenture, businesses can achieve cost savings of up to 40% by migrating to public cloud services.
  • A survey conducted by Accenture uncovered that companies can reduce their energy consumption by up to 65% and decrease their carbon emissions by 84% through the adoption of cloud computing.
Having gained an understanding of the significance of cloud computing through these statistics, let’s now delve into the latest trends shaping the world of cloud computing.

What are the Current Trends in Cloud Computing? Let’s find out



cloud computing services

1. Edge Computing

Edge computing stands out as one of the prominent trends in cloud computing, providing substantial benefits. Edge computing involves storing, processing, and analyzing data in close proximity to its source or point of consumption instead of relying on a centralized Cloud infrastructure. In traditional Cloud computing models, data is sent to a remote data center for processing and analysis. However, with edge computing, data processing takes place on local devices or edge servers that are located closer to the data source.
The key idea behind edge computing is to reduce latency and improve real-time processing capabilities. By performing computations at or near the edge of the network, edge computing enables faster response times, as data doesn’t need to traverse long distances to reach a central server. This is particularly important in scenarios where low latency is critical, such as autonomous vehicles, industrial automation, and augmented reality applications.
The extensive use of 5G technology has fueled the growth of edge computing applications. This approach guarantees improved privacy, security, speed, and efficiency. Additionally, edge computing enables companies to streamline operations, automate procedures, enhance performance, and, most importantly, accelerate their digital transformation. As the convergence of telecom and IT companies continues, we can expect edge computing to take center stage, opening up a multitude of opportunities and applications for organizations. According to businesswire, the global edge computing market is expected to reach a value of $250 billion by 2024.

2. AI and ML

Providers now offer Cloud services for artificial intelligence (AI) and machine learning (ML) as several businesses find it challenging to develop their own AI infrastructure due to limited resources. For business enterprises, building and maintaining their own AI infrastructure can be resource-intensive requiring specialized hardware, software, and expertise. The process of gathering data and training algorithms demands substantial computing power and storage space, which can be more economically feasible to rent as a service. Cloud service providers have recognized this demand and have developed AI and ML services that allow businesses to leverage these technologies without the need for significant upfront investments in infrastructure. Hyper-scale cloud service providers like Amazon, Google, and Microsoft leverage their own AI technologies to create cloud services that are increasingly efficient and cost-effective for their customers.
Cloud AI and ML services often include a range of capabilities, such as natural language processing, computer vision, predictive analytics, recommendation systems, and more. They also offer development tools, APIs, and frameworks that enable businesses to build their own custom AI applications and integrate AI capabilities into their existing systems. By utilizing cloud-based AI and ML services, businesses can access powerful computational resources, pre-trained models, and scalable infrastructure that can handle large-scale data processing and analysis. These services provide businesses with the flexibility to experiment with AI and ML technologies, develop and deploy models quickly, and scale their operations as needed.
Looking ahead, several noteworthy trends in cloud computing are expected to emerge in this domain. These include advanced automation and self-learning capabilities, enhanced data security and privacy measures, and more personalized cloud experiences.

3. Cloud Security and Resilience

The transition to cloud infrastructure presents significant opportunities, efficiencies, and convenience, but it also exposes companies and organizations to a fresh array of cybersecurity risks. Moreover, the mounting regulations concerning the storage and utilization of personal data amplify the potential for fines or erosion of customer trust, posing real challenges.
Consequently, there will be an increased focus on investing in cybersecurity measures and building resilience against diverse threats, encompassing data loss and the disruptive impact of global crises like pandemics. However, with many companies aiming to reduce costs amidst an anticipated economic downturn, the priority will be to seek innovative and cost-effective approaches to maintain cybersecurity while maximizing returns on investment.
This pursuit will entail a greater reliance on AI and predictive technologies designed to proactively detect threats before they manifest, as well as a rise in the adoption of managed “security-as-a-service” providers.

4. Multi and Hybrid Cloud Solution

Companies and cloud service providers have recognized that relying on a single cloud technology to meet organizational requirements is not sufficient. Whether it’s Azure or Google Anthos, cloud solution providers have acknowledged the growing demand for multi-cloud compatibility. This is primarily driven by organizations’ desire to leverage the offerings of multiple clouds, rather than confining themselves to a single cloud environment.
These nascent cloud computing trends are anticipated to gain momentum, as indicated by a report from Flexera. According to the report, 87% of respondents have adopted a multi-cloud strategy, with 72% opting for a hybrid approach that combines the use of public and private clouds. These percentages are expected to increase over time as global demand escalates.
The rationale behind this shift is that businesses now comprehend the significance of data management through a combination of suitable cloud deployment strategies, rather than relying solely on a single cloud platform or architecture. In 2023, numerous businesses are seeking multiple vendors for hybrid or multi-cloud deployment to maximize the benefits offered by each solution. Hybrid cloud architecture, which integrates public and private clouds dedicated to specific companies whose data is a critical business driver (e.g., insurance, banks), will be a significant focus. Consequently, Multi and Hybrid Cloud Deployment are poised to be among the prominent cloud trends this year and in the forthcoming years.

5. Kubernetes and Docker

One prominent trend that can be expected is the increased adoption of container orchestration tools like Kubernetes and Docker. These technologies will play a crucial role in the architecture of cloud transformations, enabling scalable and efficient deployments of large-scale software solutions.
Docker is an open-source platform that developers use for packaging apps and their dependencies into portable and lightweight containers. Containers provide consistency across different environments, making it easier to develop and deploy applications. Coming to Kubernetes, it’s an open-source container orchestration platform. It is responsible for automating processes like deployment, scaling, and the management of containerized apps. It provides a framework to manage multiple Docker containers across a cluster of machines. This enables one to efficiently utilize the resources.
In the upcoming years, Kubernetes and Docker, as rapidly evolving technologies, will continue to be key players in the progress of cloud application migration. With the growing popularity of cloud computing services, many businesses are turning to Kubernetes and Docker as practical solutions for effectively managing their cloud installations.
Both Docker and Kubernetes provide a platform for delivering software in containers, which offers numerous benefits for managing cloud deployments:
High Scalability: Containers enable easy scaling of applications, allowing them to handle increased workloads efficiently.
High Efficiency: The isolation provided by containers ensures that applications run smoothly without interference from other processes, enhancing overall efficiency.
Cloud Deployment Automation: Docker and Kubernetes facilitate automated deployment processes, reducing manual intervention and streamlining the deployment workflow.
Flexible Resource Sharing: Containers allow for flexible resource allocation and sharing, enabling optimal utilization of computing resources within the cloud environment.
Quick and Cost-effective Deployment: Docker and Kubernetes enable rapid deployment of applications, reducing time-to-market and associated costs.
In recent versions, Docker has integrated Kubernetes, enabling developers to automate and manage containerized applications built using Docker seamlessly.

6. Disaster Recovery

Running a digitally integrated business involves dealing with data outages, system failures, and cyber-attacks. These challenges often result in the loss of unsaved documents or data due to server or system crashes. To mitigate such incidents and safeguard enterprise processes and infrastructure, disaster recovery and data backup are vital applications of cloud architecture. It offers numerous advantages, including enhanced flexibility, scalability, and reliability.
By securely storing electronic or virtual records of documents on an external cloud server, the enterprise system ensures automatic maintenance. This approach empowers businesses to maintain uninterrupted access to their data and continue operations, even in the face of natural disasters or power outages. Between 2019 and 2022, a staggering 96% of organizations encountered at least one incident of downtime, while 45% of organizations suffered permanent data loss.

7. Serverless Computing

Serverless computing is an emerging paradigm in the realm of cloud computing, with the potential to significantly transform the conventional approach to hosting applications and services. It relieves customers of infrastructure administration and server provisioning responsibilities. Instead, cloud service providers handle the underlying infrastructure and dynamically allocate computing resources based on demand.
In traditional cloud computing, developers have to provision and manage virtual machines or containers to run their applications. With serverless computing, developers can focus solely on writing code for their application logic, without the need to think about servers, scaling, or infrastructure maintenance. In a serverless architecture, on the other hand, applications are divided into smaller units of functionality called functions or serverless functions. These functions are event-driven and are triggered by specific events such as HTTP requests, database changes, or file uploads. When an event occurs, the cloud provider automatically provisions the necessary resources to run the function and executes it. Once the function completes its task, the resources are released, and the developer is only billed for the actual execution time of the function.
Business Benefits of serverless computing include:
  • Pay-as-you-go model: No fixed prices for bandwidth or storage.
  • The internal team is relieved from server management.
  • More time is available for development and new concept creation.
  • No need for provisioning complex server clusters.
  • Serverless platforms autonomously scale, eliminating the risk of under/over-provisioning.
  • Reduced reliance on internal staff for scaling operations.

8. Blockchain

Cloud providers now offer blockchain-as-a-service (BaaS) solutions, empowering businesses to develop and deploy blockchain applications in the Cloud. Blockchain, a growing linked list of records stored in blocks, leverages cryptography for secure data storage. It provides remarkable security, transparency, and decentralization, increasingly complementing cloud technology. Blockchain efficiently processes vast amounts of data, enabling cost-effective and secure document control. While scalability remains a challenge, businesses will continue to explore and expand the possibilities of blockchain due to its seamless compatibility. The deployment and integration of blockchains could become one of the major trends in cloud computing in the coming years.

9. Cloud Gaming

Cloud technology has revolutionized our consumption of movies, TV shows, and music through streaming services like Netflix and Spotify. While streaming video gaming has been slower to gain traction, major players such as Microsoft, Sony, Nvidia, and Amazon are now entering the space.
Cloud gaming refers to a form of gaming where the actual game processing and rendering take place on remote servers or data centers, commonly known as the cloud, rather than on the user’s local device. The game is streamed to the user’s device over the internet, and the user interacts with the game through their device, which acts as a client. With cloud gaming, players can enjoy high-quality gaming experiences on a variety of devices, including smartphones, tablets, computers, and even smart TVs, without the need for powerful hardware. The remote servers handle all the computational tasks, including graphics rendering and game logic, and then stream the video and audio output to the user’s device in real-time.
However, there have been challenges along the way, as evidenced by Google’s retirement of Stadia due to commercial underperformance despite significant investment. One of the key obstacles responsible for Stadia’s failure is the requirement for higher bandwidth, limiting access to those with high-speed internet, which remains a minority.
Nonetheless, the introduction of 5G and other rapid networking technologies should eventually address this issue, potentially making 2023 the year when cloud gaming becomes a significant industry. Google’s underlying technology from Stadia will continue as the foundation for a B2B game streaming service, allowing developers to offer streaming features directly to consumers. As the market continues to grow, cloud providers are heavily investing in cloud gaming.

10. IoT

IoT has emerged as a prominent trend in cloud computing, facilitating connectivity between computers, servers, and networks. Serving as a mediator, the IoT enables seamless communication and efficient data collection from remote devices. It also contributes to resolving alerts and strengthening security protocols, enhancing the overall safety of the cloud environment.


Summing Up

Thus, the article explores the future trajectory of cloud computing trends. Recent trends in cloud computing indicate that cloud technology has been a significant and enduring force in recent years, and it is poised to maintain its prominence in the coming years. The COVID-19 pandemic has acted as a catalyst for widespread cloud adoption, a trend that will continue to soar in the years to come. The shift from a “purpose-fit for the cloud” approach to a “cloud-first” strategy has already taken place by the end of 2022. In 2023, businesses’ drive for innovation and continuous learning will play a crucial role in mastering cloud solutions.
As cloud usage continues to rise, patterns in cloud computing will evolve. Staying in alignment with these trends will enable your company to leverage the best cloud solutions available in the market. Cloud computing is not only transforming the cost-saving aspects of businesses’ IT requirements but also driving innovation and agility. As the new standard for conducting business, organizations across various sectors are now leveraging the cloud for their daily operations.

The Ultimate Guide to Leveraging SaaS (Software as a Service)

The Ultimate Guide to Leveraging SaaS (Software as a Service)
mobile app development
The field of technology is constantly advancing, and with it, the methods of accessing and utilizing software are also evolving. In the past, users would install software locally on their computers or servers. However, in recent times, an increasing number of companies have embraced the concept of “software as a service” (SaaS). SaaS refers to a Cloud computing model that involves the delivery of software by a service provider over the internet to users as a service. Here, the SaaS provider hosts and manages the software, and users access it remotely using a web browser or a thin client. Users pay a fee to the SaaS provider for availing of their service.
The SaaS industry has witnessed remarkable growth; most businesses now employ at least one SaaS solution. According to a study conducted by the online portal startupbonsai, the current utilization of SaaS-based business applications stands at 70%. The SaaS management platform BetterCloud predicts that by 2025, 85% of all business applications will be based on SaaS.
For those planning to go for SaaS development, the current moment offers an opportune time to proceed with launching a SaaS product. This market offers an incredible opportunity. However, to succeed within it, you will require a fundamental understanding of its dynamics and intricacies. Thankfully, this comprehensive SaaS guide is specifically written to offer you just that. This SaaS manual will assist you in comprehending how the SaaS industry operates, as well as acquaint you with the essential knowledge needed to launch and nurture a SaaS product.

What is SaaS?

To understand SaaS, it’s crucial to grasp the different software delivery models. These include on-premises (local installation and operation), hosted (managed by a provider, known as PaaS), and multi-tenant (SaaS – accessing software online via a web browser on a pay-as-you-go basis model).
Now that we have explored different software delivery methods, let’s delve into the precise definition of SaaS in this informative SaaS guide.
Software provided as a service, commonly known as SaaS, is a software distribution model where users access software apps over the internet instead of downloading them. The provider hosts the software, ensuring its availability and updates. Customers can use the software on a pay-as-you-go basis through subscriptions. Common SaaS applications include email, CRM, HRM, payroll, and more.
SaaS companies typically charge a subscription fee based on the SLA, covering software licenses and support. Many popular services like Netflix, Dropbox, and Google Apps operate as SaaS products. Having covered the definition of software delivered as a service, let’s explore how SaaS works.

How does SaaS Work?

SaaS products are hosted by a provider in the Cloud, which eliminates the need for local installation. Users can access the software through a web browser, requiring only an internet connection. The pay-as-you-go model ensures businesses only pay for the software they use, avoiding upfront costs for hardware or licenses.
In summary, SaaS operates with cloud-hosted software that is accessible via a web browser, requires no installation, and offers cost-effective usage without upfront investments.

Types of SaaS Solutions

As software companies continue to embrace SaaS models, the development of various SaaS categories has flourished, driven by their unique functionality and the specialized services they offer within the realm of developing SaaS. These categories have proven to be a hidden gem for both business owners, who host and use them, offering intelligible solutions and remarkable feasibility. Among the vast array of SaaS products, there are three particularly prominent categories that have garnered immense user loyalty, owing to their comprehensibility and practicality. Take a look!
saas services
Project Management SaaS Software:
Organizations use Project Management SaaS software to effectively plan, execute, and monitor projects. These products offer a centralized platform where teams can collaborate, manage resources, track progress, and communicate effectively.
An exemplary instance of such a solution is HubSpot, which provides a comprehensive suite of tools that companies can utilize for managing their sales, marketing, and customer relationships. HubSpot’s packaged solution encompasses a range of functionalities like task assigning, setting task completion deadlines, tracking progress, and in-platform communication. It offers analytics and reporting abilities as well. This empowers businesses to gain valuable insights into project performance and make data-driven decisions.
Enterprise Resource Planning (ERP) Software:
In today’s fast-paced business landscape, Enterprise Resource Planning (ERP) software emerges as a highly efficient tool for modern enterprises. It integrates different business processes into a centralized system. ERP software plays a pivotal role in automating a wide range of day-to-day administrative and logistical tasks, including sourcing, accounting, supply chain management, risk compliance, and much more. By seamlessly integrating these diverse processes, ERP software enables organizations to minimize data duplication, enhance operational efficiency, and ensure the integrity of their data. By centralizing critical functions and providing real-time visibility into key metrics, ERP systems empower decision-makers with actionable insights, fostering informed decision-making and strategic planning.
As attested by a survey by Panorama Consulting Group conducted in 2020, an impressive 93% of organizations reported their ERP projects as successful. This statistic highlights the widespread recognition and effectiveness of ERP software in streamlining operations and driving business success.
Customer Relationship Management (CRM) Software:
Exceptional customer experiences require a comprehensive approach, from initial contact to post-purchase support. This is where customer relationship management software, or CRM software, becomes invaluable. A CRM system serves as a centralized hub, assisting businesses of all sizes in organizing, automating, and synchronizing customer relationships. By leveraging a CRM, organizations can gather and analyze customer data to gain actionable insights, analyze sales trends, measure KPIs, facilitate personalized interactions, and foster long-term loyalty.
CRM software offers numerous benefits for startups, medium-sized enterprises, and large corporations alike. It enables efficient tracking of customer interactions, management of sales pipelines, monitoring of marketing campaigns, and timely customer support. By integrating various functions into a unified platform, CRM enhances internal collaboration, reduces manual tasks, and improves overall operational efficiency. Additionally, a well-implemented CRM system enhances the customer experience by enabling tailored offerings, personalized recommendations, and proactive support. By capturing and analyzing customer data, organizations gain valuable insights for strategic decision-making and targeted marketing initiatives.

Why SaaS? Advantages of SaaS

The development of SaaS brings forth distinctive attributes and notable advantages compared to other cloud computing models. Let’s delve into the features that set SaaS apart and explore the primary benefits that businesses opt for when choosing SaaS.
1. Cost Effectiveness:
SaaS offers a notable advantage by allowing businesses to save money without the need for upfront investments in costly hardware or software licenses. Instead, businesses can opt for a subscription-based model, making SaaS solutions more cost-effective compared to traditional on-premise software. Furthermore, engaging in SaaS application development and utilizing SaaS software results in significant long-term reductions in overhead and upfront costs.
2. Data Protection:
Due to the extensive database of corporate and individual data associated with SaaS, many businesses hesitate to transition from traditional in-house servers to cloud-based servers. SaaS security addresses this concern by securing customer and corporate data in such cloud-based applications. It includes a set of in-built tools that protect data from malware, phishing attacks, and any potential exposure of client data. SaaS cloud applications provide protection against data loss and disruptions caused by power outages and hardware failures. Numerous providers offer advanced security features, including two-factor authentication and data encryption, ensuring the safety and security of your valuable data.
3. Enhanced Flexibility:
Its elastic infrastructure provides preconfigured virtual machines, storage, and networking through a user-friendly interface, granting instant access to IT resources. It offers convenience and flexibility in managing computing needs.
SaaS (Software-as-a-Service) stands out for its scalability and tailored pricing. Businesses can easily adjust their usage to match fluctuating demands or limited IT resources. With SaaS, users have the freedom to switch plans, ensuring they only pay for the features they require. This agility in adjusting services based on the demand optimizes costs and delivers a more cost-efficient solution compared to traditional software.
4. Scalability:
SaaS applications provide scalable solutions that can easily adapt to your business needs. Unlike traditional approaches, SaaS eliminates the need for additional hardware when your company expands. With SaaS, you can adjust your computing resources such as data storage and bandwidth, as required. It offers various features tailored to your demands and allows seamless growth of your business. You can effortlessly upgrade to access more functions and services. Additionally, SaaS enables businesses to flexibly adjust to changes in user numbers without the hassle of hardware acquisition or disposal.
5. Ease of Use:
SaaS applications offer easy access from any device with an internet connection, eliminating compatibility issues. They provide flexibility and availability for customers, allowing business activities to be carried out from anywhere. This is particularly useful for mobilizing a workforce in a hybrid work model. SaaS apps require only a web browser and internet connectivity, with no installation or plugin needed.
Now, having familiarized yourself with these advantages, you should have gained an understanding of the driving factors behind the growing prominence of developing SaaS solutions.

Limitations of SaaS:

Before developing a SaaS application, businesses need to evaluate the potential drawbacks of the SaaS model in relation to its advantages. These limitations are listed below.
1. Internet Dependency:
SaaS applications are dependent on internet connectivity. So, if your internet service is unreliable or slow, you may face issues like reduced productivity and potential downtime. Some SaaS vendors offer limited offline functionality, but a stable internet connection is generally required for optimal usage.
2. Lesser Control over Upgrades:
SaaS providers handle software updates and upgrades to make sure that their consumers are always using the latest version of the software. While this approach is convenient, it can also limit the control of enterprises over the timing and impact of such updates. For example, some updates may introduce modifications that can disrupt the existing workflows or require users to adapt to new interfaces or functionalities. In such cases, the users have no control over deferring upgrades.
3. The Inconvenience of Vendor Switching:
Transitioning to a new vendor can be a challenging endeavor. The process of switching to a different cloud service provider can be intricate and time-consuming, primarily because it involves the transfer of substantial amounts of customer data. Additionally, one potential complication arises from the fact that certain SaaS vendors may use proprietary data formats that are not compatible or easily interchangeable with those of other vendors.

How to build a SaaS Product?

Building a SaaS product involves a comprehensive five-step process that includes:
  • Exploration and Conceptualization
  • User Interface (UI) and User Experience (UX) Designing
  • Backend and Frontend Development
  • Integration with third-party services
  • Quality Assurance (QA) Testing
  • Setting up the product hosting Infrastructure
  • Deployment of the SaaS app to a Production Environment
  • Continuous Improvement and Updates
Each of these steps plays a critical role in transforming your concept into a tangible SaaS product. Also, you need to engage experienced and skilled SaaS developers so that your product is impeccable and built as per the best development standards.


Concluding Words

To summarize, the advent of Software as a Service (SaaS) has brought about a significant transformation in how businesses acquire and employ software applications. As mentioned in this SaaS Guide, the aforementioned advantages, such as cost-effectiveness, scalability, and ease of implementation, have made SaaS an integral part of modern business operations. By shifting from traditional software models to a cloud-based SaaS approach, organizations can streamline their workflows, enhance productivity, and focus more on their core competencies.
Furthermore, the robust security measures offered by reputable SaaS providers ensure that data remains protected and secure. As technology continues to evolve, embracing SaaS is essential for businesses to stay competitive in the digital era. Therefore, regardless of whether you are a startup or an established enterprise, embracing and implementing SaaS development solutions can open up a multitude of opportunities and drive your business toward success in a dynamic and rapidly evolving digital economy.