In what can be seen as a confirmation of cloud’s ability to drive business processes with economy and flexibility, growth of cloud adoption in 2017 is projected to hover around seventeen percent over last year. 

Factors that influence growth of cloud services

The major contributor to cloud enviable growth is going to be IaaS or Infrastructure as a Service, since it is poised for a whopping growth of around 43 percent. This is followed by Software as a Service, which is the most sought after cloud service model growing at over 21 percent.

It is obvious that the most significant factor that is boosting growth of cloud adoption is none other than its economy advantages. The need for sophistication by embracing modern technologies such as cloud computing is also a bog motivation for organizations that are adopting cloud solutions. 

We can go on listing multiple factors that are instrumental in growth of cloud such as IT modernization, cost optimization, scalability, agility, and flexibility, to name just a few. It is however found that many companies are yet to feel need to move workloads to cloud and have not planned for any budget to shift to cloud. 

Organizations are adopting public cloud with an aim to establish a sound foundation for processes and applications that will be essentially required for digital business processes. It is generally believed is security is a significant impediment in cloud adoption as many companies are skeptical about security of sensitive data in cloud environments. 

In fact, many large providers of public cloud have proved and established security of public cloud solutions beyond doubt. According to cloud experts, organizations must use these solutions in secure manner, which calls for more and more customer education initiatives by cloud providers. There is no doubt that cloud providers will have to deal effectively with unnecessary propaganda about security concerns. 

Adoption of combined solutions of public and private cloud is an effective way to deal with challenges of security. This underlines the possibility of growth in the sector of private clouds as well as hosted cloud solutions. It is therefore estimated that many organizations will be adopting a multi-cloud approach and contribute to growth of hybrid cloud services

One needs to address to various concerns that are associated with adoption of hybrid clouds including application incompatibilities and other challenges of integrating different cloud models. 

Understanding growth of different cloud verticals

Cloud computing is governed by multiple solutions such as networking, basic services of computing,  and an array of data storage solutions that are being handled by a large number of data centers owned and operated by major providers. These data storage services are preferred by number of organizations over expanding or building their own data center facilities. 

Thanks to the proliferation of huge volumes of data that is being generated by Internet of Things, there is an amazing scope for growth in this sector. We are already witnessing role of connected devices including fitness equipment, wearable gadgets, and industrial equipment to name a few. 

Internet of Things is associated with a vast assortment of devices that are fitted with sensors to collect and transmit data, which must be analyzed for arriving at meaningful information. These connected devices are poised to drive major chunk of growth of public cloud solutions. Public cloud services must capitalize on these opportunities. 

This is followed by need for a robust computing power to handle artificial intelligence in an array of business applications, healthcare sector, and consumer applications. These applications will also be growth drivers of public cloud services. 

Contribution of cloud application services

Large number of organizations depend upon Software as a Service model of cloud computing. SaaS is another major contributor to growth of public cloud services. In addition newer enterprises, there are many established organizations that are adopting public cloud either by acquiring new enterprises with cloud capabilities or by redesigning their current applications.

Emergence of major cloud players in the public cloud sector including Microsoft, Amazon, and IBM has encouraged organizations to move their public cloud requirements to these providers from in house facilities of data centers. 

These major players are poised to drive a considerable portion of public cloud adoption in this year. Although, there is a bit of variance in terms of growth predictions, which may be due to conflict of cloud definitions, the truth that cloud is here to stay and grow cannot be denied. 

 

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