Over 98% of corporations store data on the cloud, and statistics show that it’s not stopping anytime soon because the public cloud market is still growing steadily by 20.4% this 2022.
Cloud hosting is constantly evolving, with new technologies and trends emerging all the time.
So what can we expect in 2023?
When it comes to technology, the cloud is often thought of as the be-all and end-all.
But there’s another type of computing that’s been gaining traction in recent years, and it’s called “edge computing”.
Edge computing is a type of computing that’s done at the edge of a network, closest to where the data is being generated.
That data is then processed and stored locally, rather than being sent back to a central location for processing.
One of the benefits of edge computing is that it can help to reduce latency or the amount of time it takes for data to be processed.
That’s because data doesn’t have to travel as far to be processed, which can make a big difference when it comes to things like real-time applications.
Another benefit of edge computing is that it can help to save on bandwidth costs.
That’s because data doesn’t have to be sent back and forth to a central location, which can add up over time.
Edge computing is becoming increasingly important as we move into the future.
That’s because the amount of data being generated is only going to continue to increase, and there’s only so much bandwidth to go around.
By processing data locally, we can make sure that critical applications continue to run smoothly, even as data traffic increases.
It’s likely to become increasingly important in the years to come, and those who are prepared for it will be in a better position to take advantage of all that it has to offer.
Cloud Gaming Becomes More Mainstream
It’s official – cloud gaming is becoming more mainstream.
With the release of Microsoft xCloud and Amazon Luna: big names are entering the market and bringing the concept of gaming on demand to the masses.
But what is cloud gaming, and how does it work?
In a nutshell, cloud gaming is a service that allows you to play video games on demand, streamed from a remote server. That means no more waiting for downloads or updates – you can jump into your favorite games as soon as you want to play them.
The appeal of cloud gaming is obvious.
For starters, it’s much more convenient than traditional gaming.
You don’t have to worry about keeping your games up to date or having enough storage space on your device. Since the games are streamed, you can play them on almost any internet-connected device, whether it’s a PC, laptop, smartphone, or tablet.
Moreover, cloud gaming services are typically much cheaper than buying individual games and with major players entering the market, it’s only growing more affordable and accessible in the coming years.
With more services launching recently, there’s never been a better time to give it a try.
Increased Security Concerns
As we become increasingly reliant on cloud-based services, it’s important to consider the security implications of this trend.
While the cloud offers many advantages in terms of convenience and flexibility, it also poses some security risks.
One of the biggest concerns is the issue of data breaches. A high degree of data security will be required to prevent data breaches along with avoiding the theft of intellectual property.
Because cloud-based services store data off-site, they can be more vulnerable to attacks.
In fact, over 79% of companies report experiencing at least one cloud data breach.
In addition, the shared nature of the cloud means that if one account is compromised, other accounts may be at risk as well.
Another security concern is the possibility of malicious insiders.
Because cloud providers have access to customers’ data, they could potentially misuse this information.
For example, they could sell customer data to third parties or use it for marketing purposes.
Finally, there is the issue of compliance.
Because the cloud is not subject to the same regulations as traditional data storage, it can be more difficult to ensure that data is properly protected.
This is a particularly important concern for businesses that handle sensitive information, such as healthcare data.
While there are some security risks associated with cloud-based services, there are also ways to mitigate these risks.
For example, businesses can use data encryption to protect their data.
In addition, they can use security protocols such as two-factor authentication to make it more difficult for unauthorized users to access their accounts, and implement observability in their system to predict issues like data breaches and unidentified deployment more quickly.
The cloud itself works on top of a virtualization layer that brings a couple of additional security benefits.
First, although many clients use the same hardware, accounts are isolated and work independently from each other.
This keeps the risk of a widespread attack at a minimum. And unlike traditional hosting services, there’s no single point of failure,
so the chances of irretrievably losing data are slim to none.
By taking steps to mitigate the risks, businesses can make the most of the advantages of the cloud while keeping their data safe.
Security is a huge and complex topic that we can’t cover completely here but for more reading you can check out these helpful resources:
Multi and Hybrid Cloud Continue to Grow
The cloud is no longer a new technology.
In fact, it’s been around for quite a while now and has only been growing in popularity.
It’s not hard to see why, since the cloud offers so many benefits, such as increased flexibility, scalability, and cost-efficiency.
It’s no wonder that more businesses are making the switch to the cloud, and one of the latest trends is multi and hybrid cloud.
This is where businesses use a combination of public and private clouds to meet their needs.
There are many benefits to using a multi and hybrid-cloud approach.
For one, it gives businesses more flexibility.
They can choose which workloads are best suited for which type of cloud.
Another benefit is that it can help businesses save money.
By using a mix of clouds, businesses can take advantage of the best pricing options for each type of workload.
If you’re thinking about making the switch to a multi or hybrid cloud, now is the time.
Cloud hosting providers are constantly innovating and introducing new features.
For example, cloud hosting providers are now offering more and more services that are geared toward helping businesses with their transition to the cloud.
AWS Loses Market Share
As the world of business moves more and more into the cloud, it’s no surprise that the market share for cloud hosting providers is constantly changing.
According to a report, it looks like AWS is losing ground to its competitors.
Data from the Synergy Research Group shows that AWS’ market share for cloud infrastructure fell from 32% in the fourth quarter of 2017 to 31% in the fourth quarter of 2018.
That might not sound like a lot, but it’s a significant drop when you consider that AWS was the clear market leader just a year ago.
So what’s behind this shift?
For one thing, AWS’ competitors are getting better at offering cloud services that are on par with AWS in terms of quality and features.
This is making it easier for companies to switch to another provider if they’re not happy with AWS.
Another factor is that AWS’ pricing has become more aggressive in recent months, which has led to some customers switching to a cheaper provider.
Finally, it’s worth noting that AWS is no longer the only game in town when it comes to cloud hosting.
There are now a number of viable alternatives like siteground alternative, and that’s giving customers more choice and more power when it comes to choosing a provider.
Looking ahead, it’s clear that the competition in the cloud hosting market is only going to heat up.
Accelerated Spending on the Public Cloud
The public cloud is expected to see accelerated spending in 2023, according to a new report from Gartner.
This is due to the continued migration of workloads and data to the cloud, as well as the growing demand for cloud-based services.
So what does this mean for businesses and organizations?
Well, if you’re not already using the cloud, now is the time to start considering it.
The cloud offers a number of benefits, including scalability, flexibility, and cost-effectivity.
With the public cloud’s eventual rapid pace, there’s no better time to make the switch.
Cost Savings Remain a Top Priority
As businesses large and small continue to grapple with the financial fallout of the pandemic, many are looking for ways to cut costs and increase efficiency. For many organizations, cloud hosting is a key part of achieving these goals.
According to a recent survey, cost savings is the number one priority for businesses when it comes to cloud hosting in 2023. In fact, nearly 60% of respondents said that reducing costs is their top priority when it comes to cloud adoption.
There are a number of ways that cloud hosting can help businesses save money.
For example, cloud hosting can help businesses reduce their IT infrastructure costs such as hiring a software developer cost.
Additionally, cloud hosting can help businesses improve their operational efficiency and implement observability in the system, which can lead to further cost savings.
If you’re looking to reduce costs in your business, cloud hosting is definitely worth considering.
With cost savings remaining a top priority for businesses in 2023, now is the time to explore the many benefits of cloud hosting.
The AI and ML-Powered Cloud
The cloud is a great way to store and access data, but it can be even better with the power of AI and ML. With cloud hosting development this 2023, you can get the benefits of these technologies to help you with your business.
Here are some of the ways that AI and ML can help you in the cloud:
- Automated Tasks:
With AI and ML, you can automate tasks that you would normally have to do manually. This can free up your time so that you can focus on other areas of your business.
- Improved Decision Making:
AI and ML can help you make better decisions by providing you with more data and insights.
- Enhanced Security:
With AI and ML, you can improve the security of your data in the cloud.
- Increased Efficiency:
AI and ML can help you increase the efficiency of your operations in the cloud.
- Better Customer Service:
AI and ML can help you provide better customer service by giving you the ability to understand your customers better.
- Greater Scalability:
With AI and ML, you can scale your operations in the cloud more easily.
- Reduced Costs:
AI and ML can help you reduce the costs of your operations in the cloud.
- Increased Agility:
AI and ML can help you be more agile in the cloud and respond to changes more quickly.
- Improved Compliance:
With AI and ML, you can ensure that you are compliant with regulations in the cloud.
- Better Insights:
AI and ML can help you gain better insights into your data and operations in the cloud. If you are considering moving to the cloud, then you should definitely consider using AI and ML to power your operations.
With the benefits that these technologies can provide, you can be sure that you will be able to improve your business in a number of ways.
Low-Code and No-Code Cloud Services
Low-code and no-code cloud services are becoming increasingly popular, as they allow businesses to build and deploy applications without the need for coding skills.
As Jacob Montoya, CEO of FitSW puts it “The benefits of cloud hosting are becoming more and more apparent to businesses of all sizes.”
What’s more, these services are often much cheaper and faster to set up than traditional custom-coded solutions.
So we predict that these solutions will grow more widespread this 2023.
Blockchain and Kubernetes
When it comes to business, there are always new technologies and buzzwords that come along and it can be tough to keep up.
But, as a marketer or business employee, it’s important to at least have a basic understanding of the latest trends.
So, let’s take a look at blockchain and Kubernetes, two technologies that are currently making waves in the business world.
What is blockchain?
In short, blockchain is a distributed database that allows for secure, transparent, and tamper-proof transactions.
This makes it ideal for use cases like financial transactions, supply chain management, and even voting.
Kubernetes, on the other hand, is a system for managing and orchestrating containerized applications. In other words, it helps you run and manage your applications more efficiently.
Kubernetes is often used in conjunction with blockchain applications, as it can help manage the large amount of data that is generated.
So, what does this all have to do with cloud hosting?
We know there are a ton of Shopify hosting and WordPress hosting services by now but, as more and more businesses adopt blockchain and Kubernetes, there will be greater demand for cloud and that can support these technologies.
With cloud hosting, you’ll be able to take advantage of the scalability and flexibility that modern technologies require.
Its already happening according to Md. Asloob Alam, Digital Marketing Manager at Troop Messenger who says “We’re seeing a lot of businesses move to the cloud in order to take advantage of its scalability and flexibility.”
– As you can see, these two technologies are already having a big impact on the business world and they’re only going to become more popular in the years to come.
If you’re not already familiar with them, now is the time to start learning.
And, if you’re in the market for cloud hosting, be sure to keep an eye out for services that can support these technologies.
It’s clear that the cloud hosting landscape will continue to change and evolve.
From edge computing and blockchain to increased security concerns and cost savings, there are plenty of trends worth keeping an eye on.
If you want to keepgettingupdated on the newest cloud trends, then make sure to follow our latest blogs so you’re always ahead of the news.