Cloud computing has decisively begun to take up the majority of corporate IT interest in the past few years, with companies deploying a wider range of services today than ever before and comprehensively migrating their frameworks into the modern era. The constant proliferation of new trends in technology has certainly helped to fuel IT's migration to the cloud. The IT departments that do not have agile, flexible and efficient backend IT will struggle to embrace important movements such as enterprise mobility and the Internet of Things.
“Digital business represents the new era of competition.”
Digital business represents the new era of competition, with a growing majority of small, medium and large enterprises placing a greater stake on Web-based services than ever before, and moving slowly away from traditional operational processes. This can be seen in a variety of core functions, including the rise of e-invoicing and accounts payable automation, paperless document management, Internet marketing and more, while the firms that are quickest and most diligent in the relevant migration processes stand to gain ground in their respective marketplaces.
One of the main pushes in this regard has been to completely overhaul the ways in which data is managed, specifically in terms of how much it costs to store the information, how seamless sharing capabilities are and what levels of expertise employees will need to use these modern tools. Studies have shown that, thanks to the exponential increases in global data volumes that have shaped the past few years, the cloud and other advanced approaches to data center management are enjoying high demand.
International Data Corporation recently reported that the advanced infrastructure market is booming thanks to the widespread desires of businesses to simplify their storage environments and reduce costs. Remember, those are two of the more prominent reasons why the cloud has been so popular in the past few years, as the services come with the promise of simultaneously reducing short- and long-term expenditures while granting users a more intuitive experience overall.
According to the analysts, hyperscale datacenters, which often fall into the virtualization and cloud services categories, saw 25.8 percent year-over-year growth in the second quarter of 2015, rising to $1 billion in market revenue. What’s more, IDC found that external storage devices that have long been the largest holders of overall market share have begun to see decreases in demand and revenue to the tune of a 3.9 percent drop between the second quarters of 2014 and 2015.
IT infrastructure is transforming rapidly.
“Companies are increasingly using new project initiatives and infrastructure refresh as an opportunity to deploy new storage technologies that are able to drive cost and complexity out of their existing storage resources,” IDC Storage Research Director Eric Sheppard explained. “This is pushing critical investment dollars towards technologies like cloud-based storage, integrated systems, software-defined storage, and flash-optimized storage systems at the expense of traditional external arrays.”
Looking forward, all signs point to continued increases in data storage investments that revolve around cloud computing, and companies will need to prepare accordingly.
Plenty of reasons to invest
Gartner recently argued that digital businesses are starting to excel in their respective marketplaces, showing that the efforts and investments targeted at modernization of infrastructure, platforms, software and processes will pay dividends before long.
“Going forward, organizational leaders in other product and service categories will also need to adapt by restructuring the workforce, eliminating obsolete roles and finding talent that can help design systems and workflows that optimize the use of things integrated with people and business to drive new value for customers,” Gartner Vice President Jorge Lopez affirmed.
By leveraging the support of a reliable cloud service provider, companies can prepare themselves for the next generation of competition.