Cloud services are revolutionizing the way products are conceptualized, strategized, and developed. The future of work is Cloud.
Cloud technology is not just a technological mandate, but also a strategic business priority. Businesses are progressing at a rapid pace towards Cloud adoption. The global Cloud computing market is expected to grow to $623.3 billion by 2023. Moreover, according to Gartner, a third of organizations see Cloud as one of the top 3 investing priorities. The popularity of Cloud is amply illustrated by the fact that more than 30% of software providers’ investments will shift from Cloud-first to Cloud-only by the end of the year.
Demands for scalable and secure access to applications, spikes in network loads, requirements for device-agnostic access, and a move towards pay-as-you-go pricing have all created and nurtured a demand for Cloud computing technology. Cloud computing technology offers a new, flexible operating model that overcomes the challenges of improving agility & scalability while addressing governance and monetary challenges. This is why the Cloud revolution has resulted in a paradigm shift in the way businesses operate.