Last year was a year of tremendous success for the cloud space. Many organizations migrated their data and applications to the cloud – not only for its capabilities, but also because executives saw the financial advantages new technologies like this one bring to their organization.The rate of cloud adoption will continue to spike this year, and this isn’t a secret at all. However, as many providers, consumers and anyone in the channel prepare for a new year and cloud phase, it’s important to familiarize ourselves with the trends expected in 2018. Those in the cloud market or offerings these services will experience more success and growth.
Cloud Will Continue to Grow Exponentially
Vendors, including those who’ve been in the hardware business, are trying to make their way to the top by offering a flexible and financially appealing solution for organizations of every size to try cloud services. This is what we refer to as Software-as-a-Service (SaaS). Not taking away from other cloud offerings, we’ll continue to see how Platform-as-a-Service and Infrastructure-as-a-Service (IaaS) continue to lead the way. According to Statista, IaaS will have a market that’s expected to reach $17.5B worldwide in 2018.
Security Remains Top of Mind for Cloud
In 2017, we experienced more cyber attacks and breaches than we have in the past few years. As cloud grows, the security challenges will rise as well, and the attacks will continue to become a lot more sophisticated and complex. Cloud providers understand this behavior and are evolving their security measures and policies to ensure the cloud remain as secure as possible. Many organizations have migrated to the cloud vs. relying on their in-house data center because they understand cloud providers are less vulnerable.
Cloud Storage Capacity and Competitive Pricing
With such high demand, cloud storage pricing will continue to drop this year and more so in the upcoming years. Cloud providers will continue to offer competitive pricing to attract more customers but also lead in the space.
Internet of Things (IoT) Takes Spotlight
While it’s still a bit new in terms of the revenue or solutions out there, there’s no doubt that IoT has gained mindshare and has presented new business opportunities. Most of the IoT devices in market today are dependent on the cloud to communicate, as well as be able to host both its data and the consumers. Most of these solutions or applications are initially designed and tested through cloud offerings. As the IoT market share matures and more devices are connected to the network, one thing is guaranteed – the cloud business will continue to grow as well.
Over the course of 2018, we’ll experience improvements in the network, which will ultimately enable more cloud adoption across different markets. This transformation will become a motivator for smaller organizations to make the switch to cloud-based services. In fact, communication providers have already announced their rollout of 5G networks for this year. While they have not announced the speeds we can expect, we’re confident it will be faster than even wired connections today, and the same goes for when they roll out 5G wireless.
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About the Author
Raquel Acuna is a solutions consultant at Tech Data. Currently, she focuses on Cloud Partner Enablement. Prior to this role, she spent eight years on the Tech Data Cisco Team, leading Cisco's go-to-market strategy for all of its architectures and solutions.
Raquel has served in various roles within the organization such as sales, operations, training, business development and marketing. She is excited about all of the opportunities cloud technology brings for the partners, and how new technologies are also transforming the world.