Cloud Computing Remains to be the Buzzword in 2018

Gone are the days when IT executives and businesses looked at cloud being used a tool only. In the contemporary scenario, the focus has shifted to the usage of helpful cloud technology solutions for helping them attain their 2018 business goals. Are you looking towards creating significant changes to your business operations and profitability figures with the aid of cloud application development service providers? If yes, what follows is surely for you.

Trends Related to Cloud Application Development in 2018

Big Data backed cloud technology solutions are helping users retrieve a large quantum of information. They also provide smart ways of storing the same. As per Forrester, the markets for business services, public cloud platforms and applications are expected to grow at a whopping 22% CAGR rate between 2015 and 2020. It is also predicted by IDC that cloud will continue to be the coveted delivery mechanism for analytics in 2018.

Consistent Growth in Cloud Enabled Services & Solutions (Paas, SaaS, IaaS)

With cloud computing being on a steady rise, it is a given that cloud services, applications and solutions have a lucrative and upward swinging growth graph. Software as a Service (SaaS) is the current trend and is expected to grow at an 18 percent CAGR by the turn of 2020. This license-based cloud backed software is centrally hosted and has to be subscribed to for use.

Similarly, the adoption of Platform as a Service (PaaS) is among the fastest-growing sector with regards to cloud platforms. It is expected to showcase an adoption rate of 32% in the year 2017 to 56% in 2020. These solutions offer congenial platforms to help users develop, launch as well as manage cloud technology solutions in simple ways and with easy-to-maintain infrastructure.

Infrastructure-as-a-Service (IaaS) provides virtualized computing and cloud application development resources to notch $17.5B worldwide in 2018. Currently, the biggest IaaS market share is held by Amazon, Google Compute Engine (GCE) and Microsoft Azure.

Way Forward

With cloud storage and cloud technology solutions getting cheaper, more and more organizations are adopting the many advantages of cloud application development services. In order to make your cloud adoption efforts succeed, it is important to involve expert IT and security teams to enable proper implementation of your model. Delay no longer and bring in automation, speed innovation and integration with the best cloud security services – start the quest of your preferred application development services today.