Cloud technology has undergone radical change over past few years. It has been undoubtedly adopted at a rapid pace by businesses owing to the greater benefits it has to offer. Moreover, businesses are increasingly seeking for concrete and long-term strategy to consortium their internal system with the cloud platform. Significantly, this has increased the competition amongst the service providers to deliver world class services to their customers with greater benefits to stand ahead of the curve.

According to the Industry analysts, near about 60% of the SMBs are currently using public cloud hosting services, and 72% of organizations have virtualized significant portions of their servers.

This growth is expected to increase over coming years. Here are few of the major trends that are rising in this industry are:

* Rise in Hybrid Clouds- Lately, there has been compelling debate about the intrinsic worth of both public and private cloud models. Hybrid clouds feature an infrastructure that is a perfect fusion of private cloud security with cost-effective, potent and resilient public cloud attributes. With this mix and match of public and private cloud model (Hybrid cloud), now IT managers can have more choices for custom-made solutions while big data advocates and security experts are still gratified. This model of cloud has gained new heights of popularity due to which more organizations taking a step ahead to embrace this deployment model and put an end to the old debate.

* Bring Your Own Device (BYOD) - With majority of consumer electronics worldwide are mobile devices, BYOD has become highly imperative than ever in the realms of cloud computing. Users are increasingly using their mobile or other handheld devices to uploading more and more of their mission critical data into personal cloud services for streaming, storage, and syncing. This means that it’s been high time that now IT departments should integrate personal cloud services for their employees in a BYOD environment with tools like Mobile Device Management.

* Platform-as-a-Service (PaaS) - PaaS solutions enable businesses to cut down their overall IT overhead costs while increasing application development through more efficient testing and development techniques. According to IDC, it is expected that by 2017 the PaaS market will proliferate from $3.7 billion to $14 billion worldwide.

* Big Data Analytics- Another much hyped topic similar to the public and private cloud model is big data analytics. Most of the organizations have now realized that it may be much simpler and highly constructive to fuse big data analytics with cloud computing than to pick out one over the other. The advent, within the next few years, of big data analytics as a service will facilitate businesses with an easily manageable and scalable tool for competing in the global arena.

* Graphics as a Service- Broadly speaking, in order to run high-end graphics applications you need to have make substantial investment on the procurement of hardware infrastructure. However, the emergence of cloud computing has definitely transformed this reality to a great extent.

Hence, cloud technology is here to stay for long. Rather than being hesitant, embrace this new technology and be a market player.