By 2023, the cloud computing market is expected to reach $623.3 billion, and will continue to disrupt and transform. Here are three online trends to look out for in the next few years.
Mobility: Remote work and cloud computing have been the main focus over the past few months. Businesses have been deploying cloud initiatives and rapidly speeding up their digital transformation to allow employees to safely work from home and access all of the tools, software, and files they need. Becoming fully digital is the best solution to enable remote work, and as organizations continue to announce their remote work strategies for the remainder of the year and through 2021, we will continue to see an increase in the adoption of the cloud.
Artificial Intelligence: Major cloud providers like Amazon, IBM, and Google have started to offer artificial intelligence software and services. Deloitte predicts that 83% of companies will be using AI software by 2021 and will do so via a cloud-based platform. Using AI allows companies of all sizes to reduce costs and risks and improve productivity across the enterprise. As companies invest in an AI strategy, cloud computing will play a significant role.
Internet of Things (IoT): One of the most popular trends on the rise involves IoT platforms, from a business and consumer perspective. IoT includes all the physical devices that are connected to the Internet that are collecting and sharing information via online solutions. There are currently 14.2 billion IoT devices in use, and it is estimated that by the end of next year, there will be 25 billion devices connected and sharing information through the Internet.
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