Forecast Follow-up For Future-ready Businesses!
Cloud Computing is the norm for sturdy data infrastructure in this age. Running a business without cloud protection begins to sound ancient, which is not going to help much in building up the resilience of any business, specifically SMEs and start-ups. As a cloud service provider recently said, “Running a business without the cloud is literally like being on a suicidal mission.” Though it sounds harsh, it’s the truth. That is why businesses today swear on the providence of managed cloud services for a robust, disaster-proof, streamlined business process that keeps bringing in results day-in and day-out.
What’s On The Horizon?
The global private cloud server market size will grow at a compound annual growth rate (CAGR) of 29.6% from 2019 to 2025. The Asia Pacific regional market would be the forerunner with the highest CAGR of over 36.0% from 2019 to 2025. Acknowledging the potential benefits of adopting private cloud server solutions for various business operations, the Asia Pacific countries, including India and China, are promoting innovation and adoption of cloud computing technology on a massive scale. SMEs will have to fuel the growth of modern and technology-driven society by adopting smart and effective cloud deployment strategies.
The Asia Pacific regional market witnessed rapid growth in hosted deployment services such as Cloud services. Countries like Malaysia and the Philippines have announced Pro-cloud strategies to envisage private cloud server models for government enterprises to optimize the management of web hosting applications including, payment gateways and email servers.
Don’t Be Left Behind!
With the increasing risk of data protection, data access across platforms is unmanageably complicated. It is consuming a lot of business resources that could otherwise propel the growth of enterprises. It is even more intense with a pandemic-hit world that is slowly commencing forward on the road to recovery. So, what would be a wise decision to be a front-liner in the business frontier?
Leave Legacy & Hope On To The Cloud!
Technology obsolescence is your number one enemy in today’s market space. The good news is, several businesses have already defeated this enemy, and your business can too! Transitioning from legacy systems to a cloud-powered environment is the best investment decision you could ever make. With a fresh start around the corner, examine the top trends in private cloud services that are to rule 2021.
#1- Cloud-fuelled Digital Native
The digital native trend has fired up the need for cloud solutions in agreement with the rapid growth in digital technology innovations. Research conducted by the Digital Marketing Resource Center shows that millennials would cover 75% of jobs by 2025. Consequently, the steep increase in the number of digital-native users has increased the demand for employees. It means that users need to be adept in the applications of cloud computing and other developing technologies. Cloud computing will be playing a potential role in integrating technologies to optimize the productivity of a user-centric digital native experience.
#2- Hybrid Cloud Is A Win-Win
Hybrid cloud infrastructure takes over businesses rapidly. Enterprises have started to rely on hybrid cloud deployment as a combination of on-premises solutions, SaaS, and a mix of public and private clouds. These strategies help organizations to access a scalable and flexible infrastructure suitable to their evolving needs. 2021 will see a steady increase in investment in building tools that simplify connectivity between on-premises datacenters and cloud. In addition to meeting the customer on-premises, the focus is also on tackling the challenges in exponential growth in data, and privacy, security, and compliance issues. The modernized version of the hybrid cloud will expand beyond traditional IT to power up industrial applications. This way, the industrial data managed can be integrated seamlessly with traditional cloud data centers and applications.
Hybrid cloud stands as the most agile and adaptable cloud infrastructure with major investments from companies around the world to maintain sustained growth in times of uncertainty like the pandemic.
#3- SaaS Gets A Pass To CSaaS
A survey that polled CISOs and other cybersecurity professionals from more than 60 companies of all sizes to understand their SaaS solutions and the way they addressed their security challenges. It showed a unanimous emphasis on security for SaaS, centered on the capabilities at the vendor end and their security environments. This frustration has opened doors for innovative and efficient CSaaS infrastructure that is customer-centric. The CSaaS strategy makes the whole process of handling easier, in terms of understanding the security capabilities of their products, integration with the rest of the enterprise-security environment, and secure way of configuration. A vast majority of companies have already begun transitioning to CSaaS offerings with a major focus on office automation, IT-service management, and miscellaneous niche business applications.
#4 – DRaaS – Refined
2021 is the year of effectively restructured DRaaS (Disaster Recovery As A Service). In addition to securing data during major drawbacks like calamities, DRaaS will now be able to address handling challenges in terms of mobility and portability. It offers the benefit of decreased usage of operational resources and saves software and hardware licenses. In a research conducted by Research and Markets, the DRaaS market is expected to see a rapid growth at an annual CAGR (Compound Annual Growth Rate) of 17% to reach an estimated market size of US$ 3,265 million.
With IT experts warning about the rise in cyberattacks in the upcoming years, businesses are implementing DRaaS in their cloud architecture to prevent the theft, override, and misuse of data. The well-defining positive goals of DRaaS make it the major cloud implementation strategy to pursue in the upcoming years.
#5 – DaaS Dominates
DaaS or Desktop-as-a-Service is an innovative type of cloud computing that comes under VDI. In DaaS, virtualized desktops are provided by a cloud computing service provider using a multi-tenant infrastructure that is located off-premises. Though this technology has been in the business space for several years, the SMEs are now experiencing the remarkable benefits offered by DaaS to their businesses.
DaaS-powered Business Benefits
- Flexibility to choose time, place, and device for work.
- Securing confidential information and meeting privacy, compliance, and risk management standards.
- Continued remote access to desktops and apps during times of uncertainty.
- Reduced capital costs in equipment and optimized existing investments in client access hardware
- Best employee retention irrespective of geographic location
Alternative workplace strategies like virtual desktops are transforming and streamlining business processes across different enterprises. A recent report by Gartner shows how colocation and managed hosting are becoming obsolete. On the other hand, how DaaS, DRaaS, and managed cloud services occupy the top places on the growth curve over the next five years.
Considering the aforementioned success factors, DaaS is the code to conduct business in today’s world. The businesses aligned with DaaS cloud providers are inherently set for success. The increase in the adoption of DaaS guarantees a major transformation in the way businesses are conducted.
Private Cloud Diversifies Multi-cloud Ecosystem
Private Cloud offers the option for companies to run their servers in their environments. This trend is in line with the multi-cloud system. These are such environments, where organizations access cloud services in their private environment. Private clouds can considerably reduce the cost of owning infrastructure. In terms of the total cost of ownership, the operational expenses of public clouds can go higher in the long run. So private cloud proves to be more precise and secure, considering a long term option.
Moreover, the regulations involve the cloud environments, private clouds are more feasible as enterprises can receive multiple benefits pertained to their omnipresence without compromising on their security and accessibility. The private cloud has a major role to play in the evolving regulatory space in the coming years. Last, but not least, organizations can enjoy complete control of their physical infrastructure on a private cloud that gives a superior satisfaction of self-reliance like nowhere else in the cloud. Which trend do you find interesting and how are you planning to adopt it for your business?