Planning to outsource your IT to a cloud managed services provider this year? If yes, then there’s no doubt this will be one of the best decisions you’ll make this year. From cutting operational costs to enjoying the latest technology in cloud computing, the benefits of outsourcing are immense. Below we explore some of the trends that you and other consumers, in general, should expect to see in the cloud managed services realm this year.
1. Increased Focus on Cyber-security
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If there’s one lesson 2019 taught the world of IT better than anything is that no business regardless of size is safe from cyber-attacks. In the past years, cyber-attacks were perceived as a thing for the business giants, but the wave of attacks on small and medium-sized businesses last year is clear proof that this is a problem for all businesses.
Last year, the documented cost of these attacks by Juniper Research was a whopping $2 trillion. This figure is expected to increase even more as cybercriminals continue to come up with even more sophisticated methods of attack.
In retaliation, cloud managed services providers are expected to channel much of their efforts towards enhancing cyber-security. In that light and given the rising costs of data breaches, one of the critical factors you should consider while hiring a CMS provider this year is their security infrastructure.
2. An Increase in Demand for Multi-Cloud and Hybrid Cloud Solutions
According to Gartner, 75% of businesses will have adopted either a multi or hybrid cloud strategy by the end of 2020. Another survey by Markets and Markets echoes this as it shows the demand for hybrid-cloud computing solutions will see its market grow to $97.6 billion by the year 2023. This increasing popularity will be in large part due to factors such as cost efficiency, stability, fantastic scalability, and the agility associated with multi-cloud and hybrid-cloud strategies.
Therefore, if you’re planning to deploy outsourced cloud managed services, you will want to consider a service with such solutions. Why? There’s a high chance your competition will be doing the same as well.
3. As-a-Service Technologies Will See More Businesses Join
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With approximately 90% of businesses already in the cloud, it’s safe to say cloud computing is now an inextricable part of the business world. This year, even more businesses are expected to join in the bandwagon through outsourcing.
But why outsourcing instead of on-premise solutions? Well, other than the immense benefits it packs, it’ll now be far much easier for businesses to get on the cloud thanks to the proliferation of as-a-service technologies. According to Gartner, the market for IaaS will attain a value of about $72.4 million, while another by Brain & Company shows that the deployment of SaaS will grow by 18% this year. This will, in turn, result in the overall growth of the cloud computing market, which is projected to exceed $330 billion. Therefore, if you are not on the cloud yet, there’s no better time to join in than now.
As we march further into the future and as the amounts of data generated continue to increase, cloud technology is expected to become mainstream. The good news is that you don’t need to invest all your capital to enjoy the convenience as all you need to do is outsource to reputable cloud managed services providers.
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Last updated on February 17th, 2020.