Business practices are taking a new shape as the corporate world is moving towards data-driven business models. The post-pandemic era has brought significant changes in terms of strategic planning, technology adoption, and project management. With a paradigm shift toward remote and hybrid work environments, modern technologies like cloud computing, artificial intelligence, and the Internet of Things are set to play a big role ahead.
Hence, cloud computing no longer remains a choice, it has become a necessity to succeed in today’s digital landscape. Cloud-based solutions are driving digital transformation by helping worldwide companies leverage technology to stay ahead of their competitors. Besides, enterprises are new capabilities and deployment models to make the most out of their cloud investments.
While transitioning into the era of the metaverse, businesses need to invest more in disruptive technologies. Hence, we bring 5 key cloud computing trends entrepreneurs must keep in their minds while considering advanced technologies in 2022.
1. Multi-cloud Approach
Leading tech experts believe that 2023 would be the year of a multi-cloud approach where businesses will diversify their services across several cloud providers. A rapid transition would take place from the hybrid cloud which was predominant in 2022. While there are several reasons behind this transition, improved flexibility and security are the primary factors.
By adopting a multi-cloud infrastructure, businesses can prevent themselves from engaging in one particular ecosystem. The approach creates redundancy that minimizes the possibility of system errors that can fail business operations.
Moreover, the multi-cloud approach enables companies to port new applications quickly across new platforms. Instead of relying on one cloud service provider, businesses can leverage different cloud platforms for better performance.
2. The AI and ML-powered Cloud
The second cloud computing trend is the rising popularity of AI and ML-powered cloud computing in 2022. Several businesses are nowadays using AI-powered technologies like machine learning to make data-driven decisions based on actionable insights. For this purpose, CTOs are taking steps to improve data management to effectively handle large volumes of consumer data.
For instance, logistic firms are using artificial intelligence to evaluate the efficiency of their transportation networks. Similarly, e-commerce companies are leveraging AI-powered systems for real-time performance evaluation of their websites.
Most businesses, particularly startups, don’t have sufficient resources to build their own AI infrastructure. Hence, they are moving towards cloud service providers to leverage these technologies without stretching their budgets.
3. Blockchain Integration
The role played by blockchain technology in data management is very prominent. With the rise of cloud computing, tech firms are working towards the integration of cloud-based systems with cloud computing. This combination can be a game changer and help businesses effectively store and manage their critical data.
Some experts also believe that the current decade is the decade of data management. Businesses with the ability to collect, analyze, and manage consumers’ data efficiently are more likely to succeed. Hence, the integration of blockchain with cloud computing becomes even more important.
4. Low-code and No-code Cloud Computing
Another area where tech firms are currently focusing is empowering users with no or limited coding expertise. Several low-code or no-code platforms are helping individuals to solve complicated problems without programming. Some of these include tools for designing, web development, or application development.
These low-code or no-code applications are hosted on cloud servers. In other words, users can access these platforms as Software-as-a-Service from any location and perform their desired operations with ease. Two prominent examples of low-code tools are Zoho and Airtable, which are used to design websites, build web and mobile apps, or automate spreadsheets.
In the future, more such tools will be introduced to help people with no coding background create AI-powered applications. Hence, cloud computing shall become more relevant in 2023 and beyond.
5. Edge Computing
Modern businesses have now started realizing the importance of edge computing in load balancing, data security, and network switching and routing. This is a form of cloud computing that narrows the distance between data processing and data generating sources. As smart devices continue generating huge volumes of data, edge computing becomes increasingly useful.
Moreover, edge computing can empower cloud-based solutions and contribute to business growth and development. Besides, it enables companies to use edge devices to achieve long-term sustainability and process data outside a centralized cloud. As a result, businesses enjoy benefits like a significant reduction in latency and informed decision-making.
Innovation and consolidation in cloud computing have brought several changes in the cloud infrastructure. Modern cloud service providers are more resilient and capable of hosting a wide range of applications with diverse functionalities.
With the rising popularity of remote and hybrid work environments, more businesses are now adopting cloud-based solutions. Entrepreneurs are considering several options to leverage cloud computing technology to achieve long-term sustainability. While doing so, they have to consider key cloud computing trends to optimize their cloud investments for better results.
Some of the key cloud computing trends for 2022 include a multi-cloud approach, AI and MI-powered cloud, and blockchain integration. Besides, businesses should also consider the importance of low-code or no-code computing and edge computing. Following these trends can help enterprises become more flexible in meeting their consumer needs and achieving their desired business goals.