In today’s fast-paced digital landscape, cloud services are not a trend anymore. They are an evolving reality, taking the center position in the IT world and revolutionizing how organizations operate. According to Microsoft’s latest studies, its global market is expected to be $1204.9 billion of value by 2027.
However, this growth always works against the companies that believe that they can achieve maximum ROI by just ordinary switching to cloud services and migrating their data. To accomplish the intended returns, you must always liaise with the ever-evolving cloud market. This way, you’ll be confident that the cloud computing services you encompass provide a long-term competitive advantage.
Thus, more than ever, companies must evolve with the cloud services landscape and take advantage of technology transformation through cloud services.
Here, we delve deep into how cloud computing has accelerated technology advancements in 2023 and beyond.
What are Cloud Services?
Before we can explore how IT consulting firms leverage cloud services to deliver scalable and flexible solutions to their clients, let’s learn what cloud services are actually.
Cloud services refer to the IT practices involving processing, analyzing, storing, maintaining, securing, and managing data using single or several internet-based servers. This allows enterprises to access data, simplify and streamline processes, improve customer experiences, and reduce management costs while improving productivity from anywhere, anytime.
Generally, there are three specific cloud services:
- Infrastructure-as-a-Service (IaaS)
IaaS is more like traditional data centers regarding functionalities, server controls, and technologies. The system administrators manage the applications, databases, security, and runtime, and the cloud provider governs the hard drives, storage, networks, and servers.
- Platform-as-a-Service (PaaS)
PaaS is the deal for you if you’re looking to build unique applications without many bucks. It allows businesses to access software development practices, including building, testing, and running applications in a pre-defined environment without creating apps. Typically, PaaS allows you to concentrate on the software development creative part and avoid the tedious work that involves managing security patches and software updates and writing complex codes.
- Software-as-a-Service (SaaS)
SaaS solutions are offered by e-commerce businesses employing cloud-based software models. These apps are regularly updated and maintained by the provider, who also makes them available via monthly subscriptions. It’s the widely used cloud service, thus becoming the most dominant element for accessing software applications by organizations. SaaS enables enterprises to access specific software managed by third parties and hosted on remote servers. You can access SaaS service on a web browser or as a software download on-device.
How Cloud Services Accelerate Technology Advancements
Since we know cloud services and the typical examples, let’s assess how technology advances are on the higher end subject to cloud services in 2023.
- Serverless Computing
Although a newly noticed trend in the cloud computing world, serverless computing is on a high surge to revolutionize the usual way of hosting services and applications. Serverless computing involves executing application codes and infrastructure managed by cloud providers.
The best thing about a serverless model is that you are only charged when your code runs; thus, it cuts your overall operation cost and simplifies your deployments. While serverless computing is still in its sprouting stage, it adequately promises the future of achieving a cost-effective and scalable way to operate cloud services.
- Edge Computing
We cannot deny that internet connectivity often disrupts businesses relying heavily on cloud computing services. In solution, there has been a growing trend in edge computing practices. Typically, it involves generating data using the cloud and processing it locally.
Increased resilience, improved security, and reduced latency are some competitive advantages companies enjoy by employing edge computing. Besides, edge computing is by far the most effective technology advancement practice aided by cloud services compared to traditional cloud-defined systems.
Even though cloud services will continue posing various challenges to business owners, it is more likely that edge computing will be the future of IT in the coming days.
- Growth of Artificial Intelligence
Mentioning that the artificial intelligence (AI) future is shining sharp is the gentle truth. However, the truth is more gentle in saying that cloud services deployment has made its rapid growth possible. Today, individuals and companies find storing, managing, and archiving data in cloud-defined AI software more efficient.
This is because AI-defined data analytics is more effective in identifying undetected trends and patterns. Furthermore, AI-powered cloud systems are designed to learn while they evolve with the prevailing trends, thus becoming very effective in data processing. Subsequently, the demand for AI-based cloud services will continue to rise in the coming days.
- Cloud Gaming
Cloud gaming is a cutting-edge technology and a game changer in many cloud services. By value, cloud gaming is anticipated to be $20.9 billion in six years. However, this will largely depend on factors such as internet speed, growth availability, the surge in mobile gaming, and cloud computing technology. Cloud gaming is known to minimize latency issues that plague gamers and eliminate the need to use expensive hardware.
From 2023 onwards, a constant demand will increase for global high-quality cloud games. With the massive combination of momentum, innovation, and growth, cloud gaming will likely be the most embraced technology by players worldwide.
Leverage Your Business With Cloud Services Today
Going into the future, cloud modernization and migration will be an integral part of revolutionizing and advancing technology. As such, organizations must modernize their existing infrastructure and implement better strategies that give good profitability and scalability, while improving efficiency and saving on operation costs.
