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Technology Industry Outlook

Over the next decade, adopting the cloud will continue to increase as companies begin to embrace this flexible technology through using hybrid and multi-cloud environments.

The hybrid-cloud approach for most companies is an interim step that is part of an overall longer process involving this digital transformation. Due to a number of different factors, including needing to comply with various corporate regulations and relying on legal systems, a majority of organisations have decided to place their workloads on private and public clouds. Gartner is predicting that by 2022, that 90% of organisations will have adopted this type of hybrid-infrastructure.

Different Solutions

Beyond the Hybrid Cloud, organisations are adopting various multi-cloud solutions increasingly more that combine cloud services over multiple providers. A 2019 Kentik report shows that 58% of organisations are already using combinations of Google Cloud, Amazon Web Services (AWS), and Microsoft Azure over their multi-cloud networks. This multi-cloud approach makes it possible for businesses to assess and examine the strengths and weaknesses of different vendors before making a long-term commitment.

However, many companies still have reservations about using public clouds, and this is one of the major reasons why hybrid clouds have become more popular. A recent FileCloud report shows that 50% of organisations don’t have any plans for moving their mission-critical workloads over to public clouds. Another thing reported by Symantec is that more than 50% of businesses are faced with challenges in providing their workloads with adequate protection and they also have concerns that the maturity of their security might not keep up with the increased cloud adoption that is taking place.

Those increasing concerns regarding cloud security are presenting unique opportunities for providers to capitalize on. In most cases, cloud providers offer security capabilities and expertise that are much better than many organisations can ever hope to accomplish on their own. For those reasons, security is one of the major drivers now for hybrid-cloud adoption. For many industries, cloud-based security solutions continue to gain traction and are increasing in popularity, which is particularly true for financial services, government, and other highly-regulated sectors.

During the previous year, as we previously mentioned, cloud-based solutions are also a popular way of acquiring AI capabilities. An increasing number of organisations, such as Aurici as well as other companies, now consider AI to be as important for their innovation and continued growth. A Deloitte”s survey found that early AI adopters consider this kind of technology to be “very” or “critically important to their companies’ success. Over the next 2 years, the number of executives rating AI as being “critically important” will be increasing globally.

Our survey shows that up until now AI benefits have mainly focused on enhancing products and services in addition to optimising internal business operations. Over the next few years, organisations such as acoustic consultants in London will also probably use AI for delivering connected equipment, personalise products and services, develop and test products, manage customer interactions, and allow for personalised assistants to have more intense involvement with daily consumer activities.

Future Trends

With the big surge in the Internet of Things (IoT) devices, in addition to an increase in portability for AI-driven computing and tools, it is time now for edge-computing to being to experience significant growth. Consider this: Gartner has said that businesses generated just 10% of their total data in 2019 outside of their data centres and the cloud. It is said that this figure will be reaching up to 75% over the next 6 years. The IDC is predicting that in 3 years generated data will be analysed, processed, stored, and then worked on near or on the edge of the networks. It will be driven mainly by IoT application over a number of different industries, including financial services, agriculture, logistics, healthcare, energy, manufacturing, and retail.