Scope of Cloud computing in 2020
- The Indian cloud computing the need to meet domestic and global demands of enterprises in the years of 2018-2023 is 15.1% need to meet Global and Domestic market.
- China,India and Japan are the countries to drive the cloud computing space in the region of APAC
- The China forecast is one third -of the overall APAC cloud computing market is 17%
- The major acquisition (IBM completed its acquisition of Red Hat, and VMware reabsorbed Pivotal) and surprising new alliances (Oracle partnered with Microsoft on high-speed links between Oracle Cloud and Azure, and VMware brought its Cloud Foundation to Google Cloud).
- In 2020, public cloud market, including cloud applications (SaaS), development and data platforms (PaaS), and infrastructure (IaaS) services combined, grow to $299.4 billion.
- Now 65% of North American enterprises rely on public cloud platforms, and 66% run internal private clouds.
- IBM and Oracle will not exit the hyperscale public cloud market, now dominated by AWS, Microsoft, Google, and Alibaba. IBM will focus on helping enterprises use Red Hat’s OpenShift development platform.
- Microsoft Azure for general purpose cloud development services like AI,machine learning, Kubernetes,containers, internet of things(LoT), and other emerging innovations.
- Oracle will ink a high-speed connectivity deal with AWS or Google
- Alibaba can generate $4.5 billion in global cloud platform revenue, but Google will retain its third place ranking in North American clients due to Alibaba’s small footprint in the region.
- Cloud computing revenues are predicted to rise through the roof in 2020, as it becomes the indispensable component of almost all the technology and business initiatives that an organization embarks on.
- 50 percent of Indian enterprises is predicted to adopt a hybrid cloud model in 2020, which is a quantum leap from where it stood a year ago.
- Cloud services continue to evolve, they will allow an ever-greater degree of communication and collaboration across organizations of all sizes. This will mean more systems will be able to operate seamlessly across multiple locations by providing local capabilities like multi currency financial tools and multi-language interfaces, among many others.
