Cloud Adoption Is Increasing Exponentially

By CIOReviewIndia Team

CIOReviewIndia TeamCloud Technology has gone way beyond an emerging technology; enabling digital business services that go beyond support and maintenance, and further aid companies to accelerate their business transformation.  Currently, North America is among the leading innovators and pioneers, in terms of adoption for cloud migration; region has a strong foothold of cloud migration vendors, which adds to the growth of the market.  In India, growing adoption of Big Data, analytics, artificial intelligence and Internet of Things is expected to push cloud market to grow 3-fold to USD 7.1 billion by 2022.  Moreover, major reasons for migrating to the cloud are scalability, increased effectiveness, faster implementation, mobility, and disaster recovery, among others.      

According to Gartner’s Hype Cycle for Cloud Computing, the technology has reached the slope of enlightenment.  Hence, cloud adoption is exponentially increasing due to the investments from small and medium enterprises - digital connectivity is fueling SMEs to access cloud-based apps and software. “Cloud computing is really a no-brainer for any start-up because it allows you to test your business plan very quickly for little money. Every start-up, or even a division within a company that has an idea for something new, should be figuring out how to use cloud computing in its plan,” says Brad Jefferson, CEO and Co-Founder at Animoto.   

So as to speak about its future trends, Cloud computing is moving towards larger virtualizations of hardware, software and its service-oriented architecture, so as to match pace with the current dynamic market. Furthermore, developments in the field of cloud-enabled innovations, such as artificial intelligence and Blockchain are expected to set new standards in this domain.    

However, lack of a defined strategy and business objectives needs to be properly addressed for a successful cloud adoption and implementation - Comprehensive cost analysis, Assessment of your current application portfolio, Mapping out application dependencies, Identifying and estimating the cost of downtime etc.  With various CSPs in the market, one should be very careful while partnering themselves, keeping in mind the goals of migrating to the cloud, necessary cloud component – security, compliance, architecture, types of cloud environment needed –private, public  or hybrid,  manageability,  costs etc.

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