Cloud-Native Tech Autumn 2022 Fair

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Following our recent data-driven technology posts

Technology Focus Weekly Update 16 Oct ’22

Cloud-Native Tech Status Update Q3 2022

Cloud Tech Trends June 2022

let’s dive even deeper into the cloud-native tech trends and features to follow in Q4 2022 and beyond:

Markets
Services
Serverless
Cybersecurity
DevSecOps
ML/AI/IoT
Use-Cases
Events
Training
Explore More
Infographic

Contents:

Markets

The Growth Trends in Cloud-Native Application Development

The global cloud computing market is expected to grow at a CAGR of 17.5% annually till 2025. As a result, it will trigger the market value from $371.4 Billion in 2020 to $832.1 Billion in 2025.

Cloud-native development practices are considered the best for maximizing the benefits of the cloud computing delivery model.

The need for cloud-native application development services will grow at the highest CAGR in the Asia-Pacific region.

Emerging tech trends 2022: Serverless Computing, Kubernetes and Containers, Infrastructure as Code (IaC), Edge Computing, DevSecOps, and Service Mesh with Microservices.

According to GlobeNiewsWire, The Global Cloud Native Storage Market size is expected to reach $41.9 billion by 2028, rising at a market growth of 22.3% CAGR during the forecast period.
Business Wire: Adoption and use of cloud-native technologies in the U.S. is reaching a plateau after several years of hype and strong growth, ISG says.
OSMS: The acronym you need to know in 2022

Open source managed services (OSMS) are gaining steam in the cloud-native world – introducing fee-based features that make deployments faster and more predictable.

Cloud Computing Trends

The cloud continues to be a crucial resource across various sectors as companies increasingly rely on on-demand IT for anything from accounting software to full-blown IaaS, PaaS, and SaaS solutions. The following stats help illustrate the current state of the cloud market:

Enterprises use the cloud to process around 94% of all business workloads. Of that number, 75% runs as part of Software-as-a-Service (SaaS).
By the end of 2022, the global cloud computing market will reach $623.3 billion. By 2025, that number will push through the $800 billion mark.
The total end-user spending on cloud services will be around $397.5 billion by the end of 2022. In 2021, this figure sat at around $332.3 billion.
Over 92 percent of enterprises have a multi-cloud strategy.
About a third of an average company’s IT expenses goes towards cloud services.
North America accounts for 61% of the worldwide cloud computing market.
Over 48% of companies plan to move most of their apps to the cloud by the end of 2022.
By 2025, businesses will be deploying 95% of all new workloads on cloud-native platforms.

These numbers clearly show that the cloud will play a pivotal role in IT in the coming year(s).

Cloud computing trend 2022.
Source: phoenixnap

Services

Deploying to the Edge

Using both cloud and edge tech enables IT environments that have the benefits of the cloud but also provides:

Near-instant data processing.
Little to no latency in response times.
Lower bandwidth usage.
Decreased volumes of transmitted data.

The Continued Rise of Serverless Computing

We will see demand for serverless technologies grow by 22.6% between 2022 and 2026. The main contributor to that figure being startups that see serverless computing as an opportunity to use the cloud without the complexities of managing the infrastructure.

Even More AI and ML Adoptions

AI helps cloud services manage data while gaining reliable insights into user behavior, trends, likes and dislikes, etc.
Cloud tech makes AI more cost-effective and accessible.

Emerging AI techs: Creative algorithms and language modeling.

AIOps enables you to use AI and ML to analyze data across your IT and provide DevOps and ITOps teams with the means to make informed decisions and reliably automate tasks.

The AI market value will skyrocket to $850.61 billion by 2028. Since these AI/ML platforms require high processing power and bandwidth, the cloud will inevitably play a major part in that growth.

Kubernetes and Blockchain

Blockchain is a game-changer, but it also has problems with scaling, particularly in terms of big data storage and management.

Kubernetes (K8s), an open-source system for automating deployments and scaling apps, helps rapidly scale a blockchain environment. K8s also ensures high availability with multiple containers running for a single critical service.

More Emphasis on Cloud Security

We will see an increased demand for:

Secure Access Service Edge (SASE): SASE enables users to reliably manage and control access between cloud apps, on-prem IT, and end-user devices.
Cloud-based disaster recovery (DR): Cloud disaster recovery enables a company to back up data and set up a standby IT environment that can step in if the primary infrastructure goes down.

Developments in Cloud Gaming, AR, and VR

Cloud gaming enables players to run video games on remote servers and stream them directly to their devices.

Industry giants like Microsoft, Google, Amazon, and Apple are all actively developing their cloud-based gaming spaces, so expect this to be a major cloud computing trend in the future. You will also see rapid growth of Cloud VR and AR.

IBM CLS

CLS — a company whose settlement services sit at the heart of the global FX ecosystem.

Since CLS first started operating in 2002, the company has built its business around CLS Settlement, a settlement platform developed, hosted and managed by IBM. The platform has been hugely successful, helping CLS scale its business to handle an average of over USD 5.5 trillion and one million instructions per day.

Think with Google: The beauty of data in the face of change

As CEO of Youty Group, Christina Ericsson has first-hand experience of integrating data into her business strategy. She explains why data and a strong agency partnership are crucial to delivering on customer needs – and reveals what other companies can learn from the fast pace of the beauty industry.

We used to go to trade fairs — now it’s customer data that tells us what products are in demand.

Personalization in all forms is now a standard consumers expect from brands and retailers. Consumers look for you to cater to their needs and anticipate what they might want next. As a retailer, you need to know that your customers in Stockholm want red lipstick, while Oslo-based customers prefer pink. Or why face masks are trending in Helsinki and facial oils are the order of the day in Malmö.

Cloud First Summit 2022

10 predictions for cloud native in 2022

Productivity: reduce complexity by moving up the stack

Better experience for dev & ops
Cross Cloud becomes real
GitOps grows significantly
Jenkins is not dead

Control: tools for better insights, enabling optimisation

eBPF for sidecar-less service mesh
More Rust in Cloud Native
Shift Left empowers devs

Business – where business meets cloud, what to prioritise in a world of limited resources

Developer Advocates everywhere
Rise of FinOps
GreenOps drives resource efficiency

Other Events

Container Journal Webinar:

Who is responsible for security, DevOps or security?
What does it cost and who is responsible, FinOps or DevOps?

DevOps Webinars:

Neo4j Training

Introduction to Neo4j and Cypher Query Language: Neo4j Knowledge Session (online)
Graph Data Modeling with Neo4j: Neo4j Knowledge Session (online)

Explore More

Infographic

Supervised ML/AI Dogecoin price prediction use-case AutoTS

AWS Brand Pyramid:

GCP Brand Pyramid:

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Cloud-Native Tech Autumn 2022 Fair