Transformation in technology happens every five years. Yesterday’s invention is obsolete tomorrow. Enterprises are always looking at gaining competitive advantage through collaboration, process agility and innovative business models, at low costs. Cloud solutions provide much needed flexibility to enterprises to develop capabilities necessary to innovate and seize new business opportunities. However, businesses look for the following before migrating an application to the cloud:
- Better customer experience
- Mobile access
- Business agility and flexibility
- Reduced hardware and IT staffing expenditure
- Improved security
- Improved responsiveness
- Better analytics on application usage
- Reduced and/or re-allocated costs
Open source cloud is any cloud service or solution that is developed using open source technologies and software. This covers any public, private or hybrid cloud model providing SaaS, IaaS and PaaS built and operated entirely on open source technologies.
Cloud adoption: Major trends
According to Gartner, in 2023, worldwide public cloud spending will grow 20.7 per cent to a total of US$ 591.8 billion, up from US$ 490.3 billion in 2022. And by 2025, enterprises will spend more on public cloud services than traditional IT solutions. By the same year, 50 per cent of enterprise workloads will be on IaaS/PaaS of a hyperscale provider, either in public cloud, onpremises, or at the edge.
This story is from the May 2023 edition of Open Source For You.
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This story is from the May 2023 edition of Open Source For You.
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