The transformative potential of cloud migration is coming to the forefront as digital transformations continue to shape the future of businesses worldwide. An in-depth study by The Hackett Group named the “Cloud Services Study” provides solid evidence of the multifaceted benefits and values of migrating to AWS.
Werner Vogels, CTO of Amazon, shared his predictions about the future of cloud services. According to him, the distinction between physical and digital will disappear and AWS will continue to bring new intelligent capabilities to physical devices like Amazon’s Echo – a smart device connected to AWS to gain access to the Alexa intelligent assistant and control smart home devices, capabilities that, without the cloud, would have required far more computing power.
According to Estonian Founders Society, the startup sector is growing at a rate of at least 20% per year. Right now, according to the data available, around 5000 people are working in this sector and we will need an additional 1000 new experts a year on top of the existing growth.
Market researcher Synergy Research Group released its results for Q1 2020, which show that public cloud infrastructure vendors gained the most from the start of the year.
“Data is one of our most valuable possessions and people should treat protecting it much more seriously than they do right now. And companies who do not take it seriously must start honestly admitting what they do with the data they collect,” said the CEO of ADM Cloudtech, Klemens Arro.
As the cloud is a basic component of the Internet of Things (IoT) and it will be increasingly developed by artificial intelligence, the IoT will become more and more intelligent, ultimately changing into the IoE or Internet of Everything, writes ADM Hosting Managing Partner Klemens Arro.
It’s logical for the cloud service provider market shares to be spread as they are at the moment. Amazon’s big lead on the others is clearly because they were the creators of cloud services as a new business – when Amazon first came out with the cloud-based concept, other future service providers didn’t yet take the field seriously.