Over the years, cloud computing has evolved from a storage solution to the backbone of modern business operations. It streamlines processes, provides on-demand scalability, and enables companies to collaborate from any part of the world. Thus, to survive in today's competitive market, businesses and individuals need to recognize the potential of cloud computing in the future. Keep reading for an in-depth insight.
The History of Cloud Computing
Before we move on to the potential of cloud computing future, let's take a look at the history of how cloud computing services came into being.
Companies had been using Client Server Architecture way before cloud computing was invented. In such platforms, the client's control and data remained on the server side, and users needed to connect to this server in order to gain access.
This system had several disadvantages, and as a result, Distributed Computing came to the scene. In this case, all computers are grouped on a network, and users can share their resources when needed. However, there were also several limitations in this case, which eventually led to the development of cloud computing.
In the early 1960s, Joseph Carl Robnett Licklider, an American computer scientist and psychologist, invented cloud computing. In his research on the Advanced Research Project Agency Network (ARPANet), he provided an introduction to cloud computing techniques that we know today as an initiative to connect people and data from all around the globe.
However, the concept of cloud computing received very little appreciation during that time. It was in 1999 that Salesforce implemented the idea of offering cloud computing as an enterprise application. Henceforth, the cloud computing boom started.
Amazon launched Amazon Web Services (AWS) in 2002, providing online computation and storage services. Additionally, in 2006, Amazon launched its Elastic Compute Cloud Commercial Service, which was open to the public.
Hereafter, in 2009, Google Play started offering its own Cloud Computing Enterprise Application. In the same year, Microsoft launched Microsoft Azure, with other tech giants like HP, Oracle, IBM, Alibaba, etc., following suit and releasing their own cloud computing platforms.
The Evolving Field of Cloud Computing
To get an insight into the future of cloud technology, you need to know the innovations in this field which have contributed to its evolution. They are as follows:
a. Virtualization
Virtualization is a technology that enables users to simultaneously create virtual representations of networks, storage, servers, and other physical devices on a single device. It is a key technology that powers cloud computing and allows individuals/businesses to use hardware resources like a web application. This mitigates their need to make extensive investments in hardware and enables them to use their current resources with greater efficiency and flexibility.
b. Web 2.0
Web 2.0 refers to the second generation of the World Wide Web. It is a big shift from the static HTML pages of yesteryears to the dynamic and interactive web pages of today. This brings to the table improved communications, interactivity, and collaboration through social media, blogging, web-based communities, etc.
c. Service Orientation
Service orientation is one of the core reference models in cloud computing. It leverages software components called services to develop systems and applications that are interoperable, low-cost, and evolvable. These services are programming language independent, reusable, and can perform a wide array of functions. Developers can even group numerous independent services to execute complex tasks.
d. Utility Computing
Utility computing is an on-demand service provisioning model that offers cloud resources like network, hardware, and software as per the client's requirement. It is a subset of cloud computing that allows companies to scale up and down their resource usage as per their needs. Additionally, instead of a fixed rate, clients are charged as per their consumption of services.
Current Market Stats and How It's Changing
By 2028, the cloud computing market is predicted to reach USD 1.24 trillion, indicating a 16.40% CAGR. Additionally, almost 60% of corporate data around the world is stored on clouds. More than 50% of organizations around the world store their business records on public cloud platforms, and 89% of them use the multi-cloud approach.
Now, there are several factors contributing to these growth figures. They are as follows:
- The emergence of technologies like artificial intelligence (AI), machine learning (ML) models, and big data.
- Companies opt for hybrid cloud environments for running business operations.
- The expanding remote workforce makes it essential to adopt cloud platforms for better collaboration.
Given the promising future of cloud services, it's worthwhile to upskill yourself to ensure that you get lucrative career opportunities in this emerging segment. Thus, consider checking out the Best Cloud Computing Courses Online and take the first step.
Future of Cloud Computing
Today, almost every digital application is connected to the cloud in one way or the other. Companies are actively shifting their data to online platforms for security and improved manageability. This allows the simultaneous running of multiple operating systems and employees to access data from any part of the world.
Moreover, thanks to the integration of cloud computing with the Internet of Things (IoT) and Big Data, organizations can collect and analyze data from multiple sources like smart devices, medical equipment, homes, factories, etc. This enables them to make better decisions, making cloud computing platforms a go-to for several industries like healthcare, automotive, education, analytics, retail, etc.
Future of Cloud Computing in Different Variations
To help you make an informed career choice, let's check out the cloud computing future in different variations:
As a Degree Choice
Here are some reasons why cloud computing can be an excellent degree choice:
- Gain the necessary skills to operate cloud computing platforms.
- Extensive knowledge of the intricacies of cloud computing applications.
- Troubleshooting issues across various levels and platforms.
- Validate cloud computing skills in the form of certifications.
- Gain the attention of prospective employers.
As a Career: Job Market, Salary & Demand
Listed below are some reasons why cloud computing can be a viable career path:
- Lucrative career choice for candidates belonging to a computer science or information technology background.
- Cloud professionals earn an average salary of $1,13,628 per annum.
- They are in demand across numerous multinational companies like Amazon, Google, Microsoft, Oracle, Cisco Systems, etc.
- Cloud professionals are also in demand across various industrial sectors like healthcare, banking, automotive, data analytics, etc.
- Career prospects include making way to several high-paying job roles like Senior Solutions Architect, DevOps Engineer, and more.
As a Field
These are the cloud computing future prospects as a field or an overall industry:
- Companies using big data need cloud computing services to handle data efficiently and make better decisions.
- They are increasingly relying on cloud platforms to securely store data and make it accessible to their global workforce.
- Data scientists can leverage cloud platforms to analyze large data sets and gain valuable insights.
- Organizations using AI and ML models to perform a wide array of tasks can seamlessly run them on cloud platforms irrespective of the operating system.
May it be as a degree, career path, or field, the future of cloud technology holds magnificent long-term prospects. However, to benefit from this sunrise sector, having the requisite certificates is a must. In this regard, opting for Architecting on AWS Certification Training can be a smart move.
Unlocking Success: Embrace the ITIL Framework for Efficient Operations and Seamless Growth. Discover the Power of ITIL Today!
Cloud Computing Future Trends
Here are some cloud computing future trends that you should consider in order to make an informed career choice:
Serverless Computing
Serverless computing mitigates the need for infrastructure management by developers. Cloud computing platforms cater to server provisioning, maintenance, and scaling, while the developers can solely focus on writing code. This significantly reduces the time taken by companies to release their apps in the market, along with reducing development costs.
Hybrid and Multi-Cloud
Companies nowadays are increasingly adopting hybrid and multi-cloud solutions. They include a combination of resources and services from multiple cloud providers like private clouds, public clouds, and 'edge' locations or on-premise infrastructure.
Such solutions help organizations manage workloads between multiple environments, allowing them to develop more versatile setups as per their business needs. Additionally, it helps them optimize costs and mitigate vendor lock-in.
Edge Computing
Edge computing is a networking architecture that bridges the gap between enterprise applications and data sources like local edge servers and IoT devices. Usually, applications transmit data from smartphones and sensors to a centralized data center for processing.
However, edge computing changes the game by bringing data processing capabilities closer to devices and users. This facilitates fast real-time insights, reduces bandwidth requirements, and enhances application performance.
Containerization and Microservices
Containerization and microservices architecture can bring significant efficiency and innovation in the world of cloud computing. Containerization involves packaging applications and their dependencies into separate units called containers. They contain various components like the application's code, libraries, system tools, runtime, etc., which ensure consistent performance across multiple environments.
On the other hand, microservices architecture adds to containerization by helping developers break down applications into smaller, independently deployable services. Each of them caters to a different function, facilitating reusability and portability to developers.
Moreover, organizations can independently develop, scale, and deploy these services, enabling them to respond rapidly to changing market trends. Also, it reduces the impact in situations when one service or an entire application fails, thus significantly improving reliability.
Data Governance and Privacy
As an increasing number of organizations are opting for cloud-based services, the risk of privacy violations and data breaches are rising in tandem. Thus, governments around the world are actively implementing stringent data governance and privacy guidelines in order to safeguard customer data.
These include laws like CCPA, HIPAA, and GDPR, which govern user privacy, data protection, and the responsible handling of sensitive data. Companies opting for cloud services must adhere to these guidelines in order to meet regulatory compliances and maintain trust among their customers.
Reasons Why Cloud Computing Has a Promising Future
Here are some reasons why the future of cloud technology is as promising as ever:
- Cloud platforms enhance data security management and facilitate access from any part of the world.
- Virtualization on the cloud allows companies to expand their hardware capabilities, enabling them to test applications across multiple platforms.
- Scalable infrastructure and a pay-as-you-go approach facilitate reliability and cost-effectiveness.
- Supports automation, thus mitigating a wide array of manual tasks.
- Provides low-code or no-code applications, allowing companies to develop a variety of digital services easily.
Conclusion
In a nutshell, the future of cloud computing holds significant growth prospects for individuals and businesses alike. However, to leverage them, having the requisite skills is a must. It will enable candidates to apply for high-paying, professional cloud jobs, and companies to leverage the benefits of cloud computing and take their business to the next level.
In this regard, KnowledgeHut's Best Cloud Computing courses can be an excellent choice. They include various certifications on AWS and Microsoft Azure, which can enable individuals to cover a wide array of cloud computing concepts.
Visit KnowledgeHut today and take the first step towards your cloud professional career!
