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2020 Outlook for the Technology Industry

In the past decade, we have experienced an increase in companies embracing the adoption of hybrid-cloud. In fact, it has been estimated that more companies will consume this flexible hybrid environment and multi-cloud in the coming future.

A Step Towards Digital Transformation

For many companies, the hybrid-cloud approach is a short-term step towards a long process that will mainly involve digital transformation. Because of many factors like the dependence on a legal system; and the requirement to conform with different corporate regulations; a majority of the organisations have made the decision to place their workload on public and private clouds. According to a Gartner prediction, 90% of organisations would have adopted hybrid-infrastructure management by the end of the year 2020.

On the other hand, the Hybrid-Cloud companies are adopting different multi-cloud solutions today more than in previous years. This offers a combination of cloud services across different-multiple providers. According to a 2019 Kentik report, 58% of organisations are already using a combination of multi-cloud networks like Google Cloud, Amazon Web Services (AWS) and Microsoft Azure across their networks. This is considered a benefit because it allows businesses or organisations to examine and assess the strengths and weaknesses of different vendors before investing long-term. If you need information on how to minimise structure borne noise please see this article for more information.

Security Concerns Prevent Full Adoption

Though, there are companies that have some reservations when it comes to using public clouds. According to research, public clouds are the main reasons why these hybrid-clouds have increased in popularity over the years. According to a report by FileCloud, it mentions that 50% of organisations do not have a plan or foresight to move mission-critical work to public clouds.

Another report by Symantec shows that over 50% of businesses face challenges when it comes to offering adequate protection for their workload. That is because they have major security concerns that prevents them from adopting the cloud.

The concern about cloud security has presented cloud providers with a unique opportunity. This is why a majority of cloud providers offer security expertise and capabilities that are said to be far better than many other organisations could offer. This is the reason why security is now the driving force towards hybrid-cloud adoption. Today, cloud-based security has continued to increase and gain traction for many industries, more especially the government, financial entities, and other highly regulated industries.

Cloud Helps Businesses Adopt AI

As mentioned in earlier documents, cloud-based solutions have made it easy for organisations to acquire AI capabilities. Today, many companies, such as Aurici view AI as an important tool when it comes to their continued innovation and growth. According to a Deloitte survey, it was discovered that early adoption of AI technology is critical to a business. And it is expected to increase globally in the next two weeks.

From our finding, AI benefits are now the primary focus of many users because it enhances services and products together with optimizing internal business operations. In the near future, businesses will likely implement AI to manage customer interactions, develop and test products. It will also be expected to offer personalised service, product delivery, enable intense involvement, running day-to-day customer service delivery, and more.

With an increase in portability and the Internet of Things (IoT) when it comes to AI-driven computing power and tools, it is time for edge-computing to begin experiencing growth. According to a Gartner report, back in 2019, businesses generated about 10% of their overall data outside the cloud. This number is expected to reach up to 75% in the next six years. The IDC has predicted that in the next three years, generated data will be analysed, processed, stored and then acted upon. This is going to be driven by IoT applications across industries like the energy sector, manufacturing, retail, agriculture, logistics, healthcare and financial services.