There has been an increase in IT spending. It is estimated to be $3.5 trillion as compared to the spending which was about 2.4% lesser than what it is now in the year 2016.   These estimates are based on reports from bmc.  This is indeed a huge business and calls for reconsideration on the part of IT professionals and the IT companies. Actually, to meet the growth an IT company would have to invest in capital expenses, operating expenses, procurement of new software, procurement of the equipment and enhancing capabilities.  But, what is noticed is that most of these companies seem to be opting for cloud models. This calls for the reconciliation of the finance and IT departments. The point, however, is not pertaining to the use of cloud computing but when and how much extent it should be used.

The earning for Q2 as revealed by the cloud infrastructure services providers for services which include LaaaS, PaaS, and the private cloud hosted services. It is over $16 billion. Let us consider what the experts have got to say about the capabilities and its implications on the IT industry in the future.

 As you might know, cloud refers to the services that make it possible for users to put to use all the data, information and applications that are found in large numbers and scattered as well without the need to have either virtual servers, hardware or even the peripheral devices. The companies that provide such technology are actually are allowing its users to actually to share it, more in the form of a service rather than as a product.

You could actually consider Cloud Computing to be described either in terms of deployment model or the type of service that is offered by the cloud technology service providers.

The deployment models include a wide range of models starting from the basics to the

• IaaS
• PaaS
• Hybrid
• Public cloud
• Private cloud

However, the cloud classified in terms of deployment model can be classified as follows:

• Public
•  Private
• Hybrid
• Community cloud

 When you consider it in terms of service offerings. It includes

• IaaS- Infrastructure as a service- (AWS, Rackspace.com. Go grid)
• PaaS- The platform as a service- (Force.com, App Engine, Azure
• SaaS- Software as a service- which includes highly trendy NetSuite development services along with Google docs, Gmail, Basecamp, Salesforce, FreshBooks

The other ways in which the cloud computing  solutions can be  classified includes

• Storage type
• Database used
• Type of information
• The process
• Integration
• Security measures
• Applications
• Testing as a service
• Management

There also exists a possibility and most companies do make use of programs that are available on a remote machine in a remote location that is under the ownership of another company. This may offer multiple benefits like 

1. Increased performance

2. Better computing power

3. Saving money in terms of reducing the amount you ought to spend on hardware cost.

This is because of the computers that run remote applications, store the data that is essential and use the cloud servers as the server system for the purpose.

Hybrid cloud computing- is it the right option for your business? What are the furors in cloud computing in 2019 lately?

Since most businesses especially the IT businesses wish to have their resources available offline and compute to a cloud so that they would be able to strike a balance, there is a need for moving everything to the cloud. However, this is a daunting task. This could well be considered to be the root cause for the development of the hybrid system.  It rests on the idea of developing a middle ground.  It lends better flexibility and efficiency and caters to the disparate needs if and when it is required. Another additional benefit it offers is the possibility to transform their computational abilities in line with the process flow while maintaining low risk.

Increased IT Awareness

 A study by researchers in recent times reveals that any business would require at least 6 different clouds. That is, if they intend or wish to enjoy all aspects that a cloud computing system can offer. This may refer to a blend of private, public and multivendor cloud systems such as IBM, Google, and AWS. Since the awareness about the cloud system is high and the businesses are ready to adopt it as well, it is important for the  Chief information officers to be equipped with information about the variations that are possible in cloud services and be prepared to use it effectively in making decisions that help you capitalize on the situation.

The positive trend

 The growth chart of cloud services seems to show an upward trend.  Experts predict that the simplicity of cloud computing technology would foster a forward movement in the trend for cloud services, especially t that of Iaas, Paas, and SaaS.  This is because they are estimated to become the default web server environment that would be serving both the local and multinational companies. They are considered to be a game changer for both of them as well.

The data highlights

1. By 2021, the SaaS is expected to reach  45% of the total application software spending in the year 2018 and PaaS is estimated to touch $10 billion according to Gartner estimates April 2018.

2. The expected increase rate

• IaaS-  Expected to touch $72.4 billion by 2020
• PaaS- Expected to increase to 56% from the present 32%by 2019
• SaaS- Expected to increase by 18%by 2020.

 This data reveals the rate at which the cloud computing is set to grow if it does, it would be considered as the fastest among all development and storage platforms. 

Quantum computing

 About 70,00users worldwide were attracted to  5 quantum bit or qubit when it was invented. Now the number of users has increased to 4 folds. The one major aim of the tech giants is to deliver the best services. To achieve that they make use everything within and beyond the realm of supercomputers such as using AI to predict the weather, solving complex computational processes, carbon footprints, automatic updates, enhanced collaboration, 24X7 presence etc.

Also, read our famous app: How much does it cost to develop an zomoto/swiggy like app?

Security

 The evolution of technology brings with it security issues too. All businesses are expected to abide by the regulations as laid down by the GDPR in order to ensure that the security is not compromised on any account.   When you rely on the cloud networks to inspect the data usage, sharing and security issues within the network would be an ideal way to reduce the workload of the cloud platforms but would also pose fewer security challenges.

The future of cloud computing

• The hardware and software are expected to be separate
• There would be a need for a modular approach in software development. That is, an application that is stored in the cloud would/should have modules that would be present in different servers and different modules. This means the software developed should focus on different angles.
• The prices of services of the cloud providers would decline owing to the use of low-power processors.
• Security of the data would be given utmost priority
• Standardization of software, compatibility of applications on the web, etc would bring about changes that could help you become rich.

To conclude

Cloud computing is definitely a big breakthrough that will speed up development in an effective manner. they offer greater flexibility when compared to legacy hosting services which you can use in the form of either monthly or yearly subscriptions. You would also have the possibility to increase the scale or capacity of the services depending on the business needs. there would practically be no need for businesses to invest in servers to make their software work and the operational expenses could also be reduced. You do not have to consider data center expansion as well even if your business grows bigger. 

The IT staff of a company can be used proactively by the company by making them responsive to market conditions now, that the cloud computing providers take care of both infrastructural requirements as well as managed services. So, the task now is to find ways to fix the application problems quickly and establish control over the cloud environment.