The cloud is one of the fastest growing technologies, as more companies learn how to properly harness its benefits and discover new ways to integrate it into their operations. These trends for 2019 can have a long-lasting impact on your business.
Cloud Trends in 2019
The trends for 2019 show that the cloud industry is continuing on its path to maturity, adapting to many significant changes in the way organizations use this technology. From sweeping data handling regulations to integrating with other trending tech, here are the trends to keep an eye on.
Private Cloud Options
Many companies are adopting hybrid cloud strategies, which incorporate a mix of public and private cloud solutions. More suppliers are putting private cloud offerings in place to adjust to this environment.
Greater Investment into the Public Cloud
Public cloud spending is predicted to increase again in 2019, spurred on by organizations that are putting a significant amount of their infrastructure into the cloud.
Platform as a Service Rising in Popularity
PaaS solutions are finding their place among more companies, with a flexible environment that’s particularly useful for developing and deploying enterprise applications.
Backup and Disaster Recovery
The cost of unexpected downtime can put a major dent in your budget, whether it’s from hardware failure or a data breach. More cloud-based backup and DR solutions are coming onto the market to help companies through distributed resources that aren’t affected by hazards at the work site itself.
Data Privacy and Protection
The EU’s GDPR has changed the way many companies handle data privacy and protection. Cloud solutions are changing the way they handle data security to account for these new requirements and to improve trust with clients and consumers alike.
The Internet of Things continues to make its way into the mainstream in business and consumer applications. Integration between cloud services and popular IoT devices adds more flexibility to what businesses can offer. In some cases, this scenario opens up new business models fueled by the endless possibilities created by new IoT equipment.
How the Evolution of Cloud Technology Helps Your Business
So why should you care about upcoming trends in the cloud industry? You most likely use some cloud services already, so staying on top of the changes in the market can help you make strategic decisions on the solutions to adopt in the future.
You’ll see productivity improvements through these innovations in several ways. Deeper integration between popular platforms and devices reduces data silos throughout your organization. You’ll gain access to data that you haven’t had previously, as well as better visibility into your operations. Automation solutions reduce the manual business processes that your staff handles, which allows them to focus on strategic decision making.
Greater competition in the cloud market drives down overall costs for this technology. The cloud was already cost-effective in many ways, especially for smaller businesses that wanted access to enterprise-level technology. You do need to be careful to stay on top of subscription management in a cloud-heavy environment, however. It’s easy to lose out on the cost benefits if you have active subscriptions to cloud services that you no longer use.
Creating Competitive Advantages
Cloud technology provides a level of business agility and flexibility that are vital to creating a competitive advantage. You may stand out by being more tech-forward than other businesses in your market thanks to the cloud, or it empowers your staff members to provide better service.
When everyone in your organization has access to the same data, it’s a lot easier to have cross-departmental collaboration in place. You can create teams that consist of people offering a variety of perspectives so you don’t miss out on any obvious problems that could make it to a live product or service. The collaboration also gives you the opportunity to discover employees interested in cross-training, which can address skill gaps across specialized fields.
Establishing Consistent Processes
Another benefit that comes from everyone using the same applications and platforms for their job duties is consistent processes. You speed up your employee onboarding process since it’s the same training procedure every time, and there’s no confusion on the correct software to use for a project.
Opening Up New Business Models
You may discover that a cloud-based infrastructure opens up new business models or products that haven’t been possible before. When you’re the first to market with an innovative idea that hasn’t been seen before, you get a vital head start on the competition that can set you up for long-term success.
Of course, you don’t have to do something completely different to benefit from the upcoming cloud trends. Sometimes bringing in this technology can offer enough improvement to your current operations that it makes the difference in your bottom line.
Knowing the best ways to incorporate the cloud into your organization can make a big difference in how you operate. Some companies stick with Software as a Service solutions, while others adopt a 100 percent cloud-based infrastructure. The right decision for your company depends on hundreds of factors, so it’s important that you stay properly informed on what’s around the corner with this technology.