INDUSTRY TECH OUTLOOK4Working With the CloudEvery organization is now working with clouds. The cloud offers so many benefits to the organization such as massive storage, data backup and recovery, data security, unlimited services, and software solutions. Along with these benefits and services, many cloud computing trends are booming in present times that offer more services to users and businesses. Various cloud service providers are working on the technologies that are trending right now to improve the user experience which results in better decision-making in an organization.Due to the adoption of trending technologies in 2024 such as the Internet of Things (IoT), blockchain, artificial intelligence (AI), machine learning (ML), Kubernetes, and docker, we can expect other technologies such as quantum computing, cloud gaming, augmented and virtual reality (VR/AR) in the upcoming years. With the help of cloud computing, these technologies are possible as there is no need to install special infrastructure and resources thus cutting the cost and focusing on the development.One of the most trending technologies that are close to cloud computing is Artificial Intelligence and Machine Learning. They are cost-effective technologies as they require high computational power and storage for the collection of data and training. Major trends that will grow in this sector in the upcoming years are self-automation, self-learning, personalized cloud, high data security, and privacy. Many cloud service provider companies such as Amazon, Google, IBM, etc are investing a lot in artificial intelligence and machine learning. Amazon's AWS DeepLens camera and Google Lens are two such examples of their products based on machine learning.When it comes to data security, no business or organization wants to compromise. Security of the organization's data is a top priority. Threats such as data leaks, data deletion, and unauthorized amendments to the data need to be minimized. Certain steps can be taken to minimize the losses and ensure high data security.Data breaches can be minimized with the help of encryption and authentication. Data losses can be reduced with the help of backups, reviewing privacy policies, and data recovery systems. Security testing will be done thoroughly to detect any loopholes and patches. High-security measures should be taken during storage and transfer of data. Cloud service providers secure the data with many security protocols and data encryption algorithms.Cloud computing trends demonstrate cloud providers' commitment to improvement. They are also proof of the value the cloud offers and will continue to offer. New developments such as AI/ML techniques and serverless computing show that the cloud may be easier to use in the future, with cloud providers taking up more of the technical workload.ListingWorldwide, spending by businesses on cloud computing infrastructure is forecast to top $1 trillion for the first time in 2024. This will be driven by factors such as a growing need to adopt new platforms and as-a-service offerings, including artificial intelligence (AI) services.This is because, in 2024, businesses are looking beyond the time-and-money-saving opportunities of cloud migration. Emerging use cases across all industries make it clear that it can often be the key to becoming more innovative, agile and successful.For many businesses, there will still be significant challenges ­ often revolving around security and data protection issues. However, new models that seek to offer best-of-all-worlds solutions, like hybrid cloud and federated cloud systems, will continue to break down barriers.Cloud computing trends demonstrate cloud providers' commitment to improvement. They are also proof of the value the cloud offers and will continue to offer. New developments such as AI/ML techniques and serverless computing show that the cloud may be easier to use in the future, with cloud providers taking up more of the technical workload.
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