As the traditional CIO role continues to evolve, 2019 is promising greater pressure on them to provide IT solutions to meet the expectations of employees, partners, and customers.
The IDC reports that nearly 50 percent of IT spending in 2018 is going to be cloud-based, and by 2020 will reach 60-70% of all technology, services, and software and 60% of all IT infrastructure.
It is critical for CIOs to view cloud computing as a crucial element of competitiveness, and not only a cost that has to be managed carefully. In 2019, CIO are going to need to focus on security as well as balance the various capabilities of the most recent cloud technology.
The following are four cloud computing trends that CIOs should be preparing for in 2019:
- 1 Cloud Solutions And Services (IaaS, Paas, Saas) will continue to increase in number.
- 2 Quantum Computing – Which for Global Tech Giants is the Holy Grail – Might Be Closer Than We Realize
- 3 An Increasing Number Of Businesses Will Be Opting Into Hybrid Cloud Solutions
- 4 Cloud Security Will Becoming More Confusing With GDPR
Cloud Solutions And Services (IaaS, Paas, Saas) will continue to increase in number.
There is going to be an explosion of new cloud solutions and services, and the following states prove this.
– Bain & Company report that SaaS (short for Subscription based software as a service) by 2020 will be growing at 18% CAGR.
– PaaS (short for a platform as a service) investment will be growing from 32% in 2016 up to 56% in 2019, which according to KPMG makes it cloud platform’s fastest-growing sector.
– According to Gartner, It is predicted that by 2020 IaaS (short for or infrastructure as a service) will reach $72.4 billion worldwide.
Judging by current trends in cloud computing, the number of available cloud solutions in both the private and public sectors in 2019 will continue to expand. We are expecting to see more organizations take advantage of the high-performance and simplicity of cloud guarantees that are available.
Quantum Computing – Which for Global Tech Giants is the Holy Grail – Might Be Closer Than We Realize
The race is on for establishing quantum supremacy. IBM is continuing to race against Intel, Google, and Microsoft, which are all working vigorously to produce the first quantum computer capable of delivering on the long-promised abilities of the technology such as better financial modelling, real AI conversations, weather prediction, solve complex medical problems, and seamless data encryption.
A reliable and fast quantum computer is more than likely a decade away; however, it has been shown by recent events that we are clearly getting a lot closer.
In November 2017, a landmark in computing was established by IBM when it released 20-qubit and 5-qubit versions, and it started to offer quantum computing in the form of a cloud service. The first companies to sign up for the testing were Samsung, Barclays, Daimler Honda, and JPMorgan Chase.
Alibaba has joined with the Chinese Academy of Sciences taking the next major step towards quantum computing by launching an 11-qubit quantum computing service which is publicly available now on the cloud platform with quantum computing. Trailing only the 20-qubit cloud computer from IBM is the world’s second-fastest computer.
The quantum computing market is growing faster than was anticipated. In 2023, the global quantum computing market is going to be worth $1.9 billion, increasing by 2027 to $8.0 billion.
However, the quantum market is becoming crowded. More and more quantum computing startups are starting to get into the race. D-Wave Systems, a Canada-based company, is the most well-known organization in the world selling quantum computers. Quantum computing software tools, applications, algorithms, and components are being developed by a dozen of other companies.
If IBM and Alibaba and IBM can implement the power of quantum computing effectively with their cloud services, that could potentially accelerate quantum computing being more widely adopted.
After the next quantum computing milestone has been reached, we will be able to tell whether it is going to be successful or result in increased quantum computing innovation.
An Increasing Number Of Businesses Will Be Opting Into Hybrid Cloud Solutions
It has been proven to be more challenging that was anticipated to make a complete transition to the cloud, so that is where hybrid cloud solutions are going to be playing a critical role. A hybrid cloud allows companies to transition at their own pace to the cloud, at a lower cost and less risk. I 2019, an increasing number of companies will be choosing a hybrid-cloud approach to provide them with access to the effectiveness and efficiency that cloud solutions offer.
RightScale’s State of the Cloud 2016 Survey indicates that a business that uses the cloud is accessing six different clouds at least. The clouds may be multivendor systems (aka Google, IBM, AWS) or a blend of public and private clouds. With cloud adoption at its peak, in 2019 CIOs will have to understand the advantages as well as disadvantages of each of the different clouds before determining which ones suit their businesses the best.
Cloud Security Will Becoming More Confusing With GDPR
It isn’t surprising that security with cloud technology will continually be an issue, particularly now that GDPR (General Data Protection Regulation) has been introduced. Given cloud computing advantages, many businesses may be rushing into it without seriously considering security implications.
Gartner reports that 99% of vulnerabilities exploited through 2020 will continue being the ones known by IT and security professionals for one year at least.
Companies in 2019 will have the hard task of ensuring their data practices are in full compliance with GDPR requirements.
Digital transformation is driving us to see an increasing number of enterprises moving over to the cloud in the coming year, meaning cybersecurity threats will also be increasing.
By 2020, 83% of enterprise workloads are going to be in the cloud – with 41% of enterprise workloads run on public cloud platforms and another 22% run on hybrid cloud platforms.
Under GDPR cloud compliance will not be easy to do. Commvualt conducted a recent survey, and the results showed that just a small percentage (12% of 177 worldwide IT organisations surveyed) have a good understanding of how GDPR is going to affect cloud services. The results increase the assumption that companies using cloud services are going to be even more vulnerable.
CIOs will be facing an increasing number of challenges to be competitive in the ever-changing technological environment. The trends that we described above are crucial areas for dedicating resources to help them stay relevant and to make sure their products stay ahead of the curve both in 2019 and into the future.