What Makes Cloud Computing One of the Leading Tech Trends in 2023

Cloud computing is the delivery of computer resources via the internet. A classic example of cloud computing is Apple’s iCloud. Apple users have backed up most if not all of their content on iCloud. In simple words, most of us have uploaded our data on the internet to store and manage it across our devices. 

Top companies are massively adopting cloud computing, and lots of companies are re-platforming to the cloud. They are not only using the cloud for data storage but to access services like Artificial Intelligence, Quantum Computing, and Metaverse technology as a service . Cloud computing provides five types of services namely:

• Platforms as a Sevice (PaaS)
• Infrastructure as a Service (IaaS)
• Software as a Service (SaaS)
• Everything as a Service (Xaas)
• Function as a Service (FaaS)

Let’s have a look at what makes cloud computing one of the leading tech trends and what are the key factors behind it:

1. Increased Investment in Cloud Security and Resilience-

As companies are shifting to the cloud which brings huge opportunities and convenience but also exposes them to new range of cyber security threats. 

Furthermore, there is a growing amount of legislation on the way that companies can store their personal data and this brings not only a huge risk of finance but also the potential loss of consumer/customer trust. 

So, in 2023 there will be a lot of spending on cybersecurity and building resilience. To make this cost-effective, there will be a greater usage of AI in predictive technology designed for threats before they cause any problems. 

2. Multi cloud-

This helps organizations not to become too restricted to just one particular ecosystem and apps can be quickly ported in the event of changes to service levels or when more cost-efficient solutions become available.

      3. AI and Machine Learning Powered Clouds-

            AI and Machine Learning are now available in the cloud as a service but on top of that cloud services and service providers are now increasingly relying on AI and Machine Learning themselves for a number of tasks such as managing the vast distributed networks needs to provide storage resources to their customers, regulating the power and cooling system and their data centers and powering cyber security solutions that keep their data safe.

      4. Low Code and No Code Cloud Services-

                        Low code and no code tools and platforms allow anyone to create applications to use the data to solve problems without getting their hands into computer code and this includes tools for building websites, web applications, and designing just about any kind of digital solutions that companies may need. Low code and no code solutions are even becoming available for creating AI-powered applications drastically lowering the barriers to entry and allowing anyone who wants to leverage AI and machine learning to use it straight away.

  5. Innovation and Consolidation in Cloud Gaming-

                       The cloud has broader streaming services like Netflix, and Spotify which have revolutionised the way we consume multimedia. Streaming Video gaming is taking a little longer to gain a footfall but its on its way with companies like Microsoft, Sony, Nvidia and Amazon all offering services in this field.

We have seen Google spend millions of dollars developing their Stadia streaming gaming servers only to retire this year due to a lack of commercial success. But with the introduction of 5G and 5G plus we will see video streaming become a really important trend also as the metaverse emerges this will become a really important part of the cloud to provide metaverse services.

      6. Competition-

Increasing competition between AWS, Microsoft Azure, and Google Cloud Platform is the top cloud computing trend for 2023. There will be three different methods to enter the competition:

Pricing as well as Monetary Rewards

Dependability

Other suppliers

Cuts are the quickest method to remove obstacles to investment. The pay-for-what-you-use model that AWS (AWS training with job guarantee) introduces will become the norm for all services and eventually take the place of subscription models. Anticipate that all cloud providers will offer tools that unambiguously display resource utilization and the cost per byte of the service.

          7. Cloud Resilience and Security-

In an ever increasing digital world, more and more companies are shifting their daily tasks to the cloud, with it safety and reliability are becoming major concerns. Consequently, online cloud service providers are making large investments in robustness and encryption technologies to guarantee the security of client data. Cloud companies invest on features like disaster recovery, access controls, and data encryption. to guarantee the security of their clients’ data.