Ever since the Brexit vote, the UK economy has been struggling to maintain sustainability. With challenges such as:
- A lack of public trust in financial institutions (mainly because of the decade old PPI mis-selling scandal). However, the authorities have enforced policies to put an end to the PPI issue. We recommend, if you haven’t made a claim yet or had PPI claims rejected in past, you try reclaim PPI and get fair compensation right away.
- Failure of the UK SMEs due to late payments. Late payment issues have been a huge challenge for small businesses and start-ups. Unless corrective measures are taken and implemented by the owners, it is bound to make the SMEs vulnerable in the long-run.
- Failure in adapting with the latest technology. Even today, many companies fail to incorporate the latest technological trends, eventually resulting in their own failure.
Adapting to the latest technology is a need of the hour. Top researchers and experts believe the cloud to be the technology of the future. In 2017, most of the businesses across the UK adapted to cloud technology ever since they realised it helps solve real challenges.
With cloud business team can work better and work together, data becomes useful to make smart decisions and companies create new values to stay competitive. We believe that 2018 will continue to be the year where companies adapt to the cloud technology. Over 68 per cent companies across the country are using cloud as an efficient IT solution in their daily operations. Cloud computing has given rise to trends that prioritise hosted computing and cloud data storage.
Here are top four trends of cloud computing that you need to look for in 2018:
1: Multi-cloud Strategies Will Be Adopted
Some workloads tend to run better on one cloud platform while other workloads achieve a higher performance and low cost on another platform. Therefore, by adapting to multi-cloud strategy, a business gets to choose best technologies and services offered by different cloud providers. This enables businesses to create the best solution for themselves. This year, IT managers are believed to learn this better and manage their different workloads on different cloud platforms.
So companies should search for a cloud that can be a part of your multi-cloud strategy. The cloud should have intelligent architecture that gives your company the correct cloud infrastructure, perfectly pooled resources and round the clock technical support to run your business enterprise dynamically.
2: IoT Coupled with Cloud Will Spell the Future
Internet of Things is a major area which is changing the way people understood the Internet. Major cities worldwide are dependent on the cloud and IoT to create, process and store data from various sensors. Most IT experts believe that IoT can essentially drive the core intelligence for these major cities. However, for companies, IoT technologies is said to accelerate the transformation of industrial factories into software defined factories. Here the gathered and stored IoT information is well understood, analysed and leveraged better so as to improve efficiency.
It is also believed that emergence of IoT will improve the lives of common people while changing our world for better as many say. Every individual from farmers, housewives, fitness enthusiast and others will benefit from sensor based applications that could not only be used in businesses but also homes, commute stations, buildings, vehicles and many more places. Although this exponential rise isn’t expected for over the next decade, 2018 will marks a steady growth of IoT in the business sector as of now. According to us, IoT will be of great help for companies planning to leverage the technology.
Internet of Things (IoT) is a managed cloud platforms that allows connecting devices easily and enables secure interactions with all cloud applications and other devices.
3: Cloud Catalyses the Internet of Everything
2017 was the years where cloud computing was been integrated with Internet of Things. This trend is all set to go beyond in 2018 but in 2018, cloud is all set to bring up the Internet of Everything alongside. IoE is a smart connection of people, process, data and things. Cloud will contribute towards making the complex processes of IoE simpler which will allow people to enjoy more intelligent interactions with the devices connected to the network. It is also said to lead the way for richer communications between people.
4: Companies Incorporating AI Will Have the Edge
All the 2018 trends are set to take analytics on a next level driven by artificial intelligence (AI). However, AI accounts for only 1 per cent of the global cloud computing market, but its share of the IT market is growing by 52 per cent. In 2018, it is expected to grow even beyond. Combining artificial intelligence with cloud computing has elevated the way people interacted with the Internet and Data Storage. Several key features of AI such as Machine Learning and Robotic Process Automation are set to evolve in 2018.
With AI, companies can attain high customer satisfaction levels with chatbots which would be the major differentiating factor for enterprises to maintain that connection with their customer base and remain engaged.
In the same manner, AI will also affect people in several ways. With the touch of IoT, AI will also be able to elevate our standards of living. With rise in chatbots in 2018, it is all set to bring ease in the area of product assistance and application. This will not only leverage the companies’ resources, but will also help cut the overheads.
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