What are the Five Key Trends of Cloud Computing in 2023?

Today in the IT industry, Cloud computing is the fastest-emerging technology. Though this technology has existed for around a decade, its usage has increased exponentially in the past few years. Keeping in mind this upward trend, there is no doubt cloud computing is going to be the most talked about technology in 2023. Now look at some interesting stats – According to Gartner, by 2026, public cloud spending will exceed 45% of all enterprise IT spending, up from less than 17% in 2021. Also, organizations can save up to 40 percent by migrating to the cloud. So what are the trends for 2023? Let’s find out.

1. The integration of AI and ML into cloud computing will rise  

There is no doubt that with the rising demand for cloud computing, its integration with AI and ML will rise in 2023. According to a recent survey, the cloud AI market will become $14 billion by 2026, following a CAGR of 20% in 2021-26. This significantly increased from the previous value of $5 billion in 2020. So, where can AI & ML be used with cloud computing? – Companies can use them for various applications like virtual assistants, digital asset management, cloud-based security for applications, reality-as-a-service, and much more. Experts also believe that AI and ML will enhance automation in cloud computing, boost self-learning capabilities, bring growth to data security and privacy, and lead to more personalized cloud experiences. 

2. Docker & Kubernetes will manage cloud deployment 

Kubernetes & Docker provide a platform to deliver software in packages called containers. Using Docker and Kubernetes for managing cloud deployment will help in large-scale deployments. Both platforms offer advantages such as high scalability, high efficiency, cloud deployment automation, flexible resource sharing, and quick and low-cost deployment. The recent Docker versions have Kubernetes built-in to automate and manage all the containerized applications built using Docker.

3. Data security and cloud computing 

Data security is a significant concern because the adoption of cloud computing needs to be improved on a large scale. Many reasons can lead to a security breach – software bugs, human errors, etc. Some significant data security challenges in cloud computing are: 

  • If the APIs are exposed, non-authorized personnel can access the cloud data. 
  • Misconfigurations and insecure cloud infrastructure can also lead to the data breach. 
  • Cloud computing leads to one more threat – loss of data. It can happen for various reasons like software corruption, insufficient data backups, unintentional data deletion, natural disasters, etc. 

Developers can use encryption, access control, and activity monitoring to bolster data security in 2023.

4. Hybrid cloud solutions 

A private cloud is prevalent among users as it provides high processing power. There are a few reasons e which we can expect businesses to choose a hybrid cloud in 2023: 

  • They get the best of both worlds (private and public cloud) 
  • Getting more flexibility 
  • Very cost-effective 
  • Can do critical data processing 
  • Highly scalable 

The hybrid cloud market can reach over $250 billion by 2027. More than 75% of organizations worldwide have a strategy or a set infrastructure to adopt hybrid cloud technology.

5. Cloud cost optimization 

Many companies around the globe are trying to better optimize their expenditure on IT services. Therefore, cloud service providers will create cost-effective cloud solutions and ensure that high performance and availability levels are achieved. Cloud service providers must use the resources at their disposal efficiently and optimize the cloud workloads to ensure that cloud services are cost-effective. 

So, in this post, we have covered the five major trends in cloud computing in 2023. Apart from these, we may also see other trends, such as serverless computing, cloud monitoring, and disaster recovery in the cloud computing space. ISmile Technologies is a proud partner to the top public cloud providers AWS, Microsoft Azure, and Google Cloud. We can provide you with a cloud governance model and core framework to ensure your operations in the public cloud are scalable and secure. Schedule a free assessment today.

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