Cloud computing technology transformation trend 2023
- In the world
According to a forecast from Gartner, Inc. by 2023, worldwide public cloud spending will grow 20.7% to $591.8 billion, up from $490.3 billion in 2022. After the Covid-19 pandemic, more than 30% of organizations claim to launch long-term initiatives in digital transformation, modernization, and user experience.
Also according to Forrester’s 2022 cloud infrastructure survey, 40% of companies will adopt a cloud-native-first strategy by 2023 to increase flexibility and cost-effectiveness. Optimal. By 2023, cloud migration is predicted to be no longer optional because of the benefits it brings.
(Source: The Future Of Commerce)
In Vietnam, the trend of infrastructure migration to cloud computing platforms is considered to be the fastest-growing in ASEAN countries. With an impressive growth rate, Vietnam is considered one of the 10 emerging markets in the cloud computing market, averaging 20-30% per year in the period 2020-2026.
Cloud market size in Vietnam is about more than 400 million USD and is forecasted to reach about 1 billion USD by 2025. This is a huge growth potential for businesses, cloud computing service providers. such as VNETWORK, Amazon Web Service, and VNPT,…
See more Top 5 Cloud Computing trends in 2023 here
Limit enterprises when using hardware infrastructure
Corresponding with the development of Cloud technology, the use of hardware infrastructure is increasingly causing obstacles and brings many risks to businesses in the era of digital transformation for businesses. The following are the limitations that businesses face when they have not yet migrated their infrastructure to the Cloud:
Business limitations when using hardware infrastructure
Benefits of transform infrastructure to Cloud
As the core infrastructure for businesses in digital transformation, Cloud brings the following outstanding benefits:
- Cost Optimization
One of the biggest benefits of moving to the cloud is cost savings for businesses. According to research by IDC, businesses moving to the cloud have reduced their IT costs by 58%. By leveraging cloud infrastructure, businesses avoid some of the common problems with traditional physical hardware systems. Cloud technology allows businesses to only need to pay for the number of resources used, the cloud computing service provider will handle the entire operation, ensuring the system operates stably 24/7.
Refer to Cloud server service VNETWORK - The server system is built on a Cloud environment with a 100% high-speed SSD hard drive, helping to maximize data transmission for businesses (See detailed price list)
- Improved security
According to a survey by RightScale, 91% of businesses moving to the cloud have noticed an improvement in their security posture. By using encryption, hackers or anyone else is not allowed to see your data. Moving to the cloud, businesses can benefit from the expertise and security technology of cloud providers, helping to improve and strengthen the security of their systems.
Refer to Cloud Server with VNETWORK’s diverse ecosystem that provides many extended security services such as WAF & Anti DDoS, ensuring outstanding safety for businesses.
- Increase worker productivity
Reports from Microsoft, businesses moving to the cloud have reduced the time IT staff spend on maintenance and support tasks by 20-50%, allowing them to focus on initiatives and new strategies. Another study by Frost & Sullivan also found that businesses switching to this technology saw a 40% increase in employee productivity and a 90% reduction in downtime, improving business performance.
- Scalability & Flexibility
Cloud infrastructure can easily scale up or down depending on business needs, providing businesses with more flexibility overall than on-premises storage local owners. For example, if you need more bandwidth, a cloud-based service can fill that need right away, instead of going through a complicated setup process.
- Improved disaster recovery
Cloud providers often offer robust disaster recovery, helping businesses recover from data loss or downtime faster than solutions in place. Downtime of a web application or business website can greatly affect revenue and brand reputation. In a recent survey, 43% of IT executives said they plan to invest in or improve cloud-based disaster recovery solutions.
VNETWORK’s cloud server with optimal backup ability, automatically every day, ensures high data security for businesses with an uptime rate of 99.99%.
- Improved accessibility
Cloud infrastructure allows employees to access data and applications from anywhere with an internet connection using a mobile device. With more than 2.6 billion smartphones in use globally today, your business is optimized more than ever with cloud technology. Through the cloud, employees can conveniently access to perform and monitor business tasks remotely. Unsurprisingly, organizations that prioritize employee satisfaction have up to 24% higher cloud usage scalability.
See more about The role of Cloud Server in digital transformation here
Popular Cloud Transformation Models
Popular Cloud models
Currently, there are 4 models of infrastructure transformation to Cloud technology:
- Private Cloud:
Dedicated to a single customer, allowing full control, access, and operation of the system. Businesses can directly manage this “cloud” and use it internally instead of publicly.
- Public Cloud:
Provided by a 3rd party to users over the Internet. The infrastructure is shared with many other users, but the data will be separate.
- Hybrid Cloud:
A model from the combination of Public Cloud and Private Cloud, allowing to exploitation of the benefits of both models to optimize for users.
A combination of many different cloud providers for different purposes such as increasing redundancy or optimizing the system.