Over the last few years, cloud technology has steadily grown in popularity, both for individual users and for large companies looking to entirely rebuild their tech infrastructures. While it was only a niche curiosity at first, we've now reached the point where so many IT leaders are raving about the advantages of cloud computing that the trend can no longer be ignored. Companies everywhere are embracing the speed, convenience, flexibility and security that the cloud has to offer.
"What room does cloud technology still have for growth?"
This raises an interesting question – where do we go from here? What room does the technology still have for growth? It would be foolish to think the cloud is done evolving, and what you see now in 2015 is all you get. But what more can we ask for that we don't have already?
Fortunately, there are potential answers out there. According to Enterprise Irregulars, there's a lot still to come in the future for the cloud computing market. Studies from International Data Corporation, Forrester, Gartner, Ovum, Wikibon and others indicate that within the next few years, cloud service providers will continue working to further superpower our personal and professional lives.
Here are five trends to watch:
A growing IaaS market
The most notable thing to watch is that overall, the market for Infrastructure as a Service solutions is growing at an incredible pace. Gartner estimates a 29.1 percent compound annual growth rate for IaaS between now and 2019, and the market is already worth about $16.5 billion now. There's a whole lot of money being budgeted for IaaS.
Increasing mobile cloud traffic
The cloud is becoming more popular, and so is mobile device use. Fortunately, the two go hand in hand. Cisco estimates that by 2019, cloud apps will account for 90 percent of all mobile traffic. It's becoming increasingly common for professionals to use mobile data in the cloud for handling routine business responsibilities.
Cloud growth among smaller businesses
It's not just massive corporations that stand to gain from increasing their cloud use – smaller businesses are climbing aboard the bandwagon too. Already, 64 percent of SMBs are using cloud-based apps regularly, and 78 percent say they're considering purchasing such solutions within the next two or three years. You don't have to be Amazon or Google to reap the benefits of cloud use.
Further investment in business
The beauty of adopting the cloud is that once it adds efficiency and computing power to your business, you will have more time and energy to devote to other areas. The Economist Intelligence Unit found that cloud-heavy companies invest 39 percent more in improving their sales channels and 41 percent more in improving their internal business efficiency than their counterparts. Those are serious gains.
An increase in disaster recovery needs
Finally, as cloud computing becomes more prominent, so too will the need for disaster recovery planning. The cloud is a great thing, but there are numerous risks involved – cybercrime, in-house malfunctions and even natural disasters like hurricanes that may threaten to destroy your data. It's important to invest in DR resources that can help protect your company from the elements.