Since the Brexit vote, the UK economy has struggled 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 end the PPI issue.
We recommend that if you haven’t made a claim yet or had PPI claims rejected in the past, you try to reclaim your PPI and get fair compensation right away.
Failure of the UK SMEs due to late payments. Late payment issues have been a massive 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.
4 cloud computing trends to look
Failure to adapt to the latest technology. Even today, many companies fail to incorporate the latest technological trends, eventually defeating them.
Adapting to the latest technology is a need of the hour. Top researchers and experts believe the cloud is the future of technology. In 2017, most businesses across the UK adapted to cloud technology ever since they realised it helps solve real challenges.
With the cloud, the business team can work better and work together, data becomes useful to make wise decisions, and companies create new values to stay competitive. We believe that 2022 will continue to be when companies adapt to cloud technology.
Over 68 per cent of companies across the country are using the cloud as an efficient IT solution in their daily operations. Cloud computing has given rise to trends prioritising hosted computing and cloud data storage.
#1. Multi-cloud Strategies Will Be Adopted
Some workloads run better on one cloud platform while others achieve higher performance and low cost on another platform.
Therefore, a business can choose cloud providers’ best technologies and services by adapting to a multi-cloud strategy. 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 their multi-cloud strategy. The cloud should have an 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 significant area that is changing how people understand the Internet. Major cities worldwide depend on the cloud and IoT to create, process and store data from various sensors.
Most IT experts believe IoT can drive these significant cities’ core intelligence. However, for companies, IoT technologies are 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 to improve efficiency.
It is also believed that the emergence of IoT will improve the lives of ordinary people while changing our world for the better, as many say.
Every individual, from farmers, homemakers, fitness enthusiasts and others, will benefit from sensor-based applications that could be used in businesses and homes, commute stations, buildings, vehicles and many more places.
Although this exponential rise isn’t expected over the next decade, 2018 will mark a steady growth of IoT in the business sector. According to us, IoT will significantly help companies planning to leverage the technology.
Internet of Things (IoT) is a managed cloud platform that connects devices easily and enables secure interactions with all cloud applications and other devices.
#3. Cloud Catalyses the Internet of Everything
2017, cloud computing was integrated with the Internet of Things. This trend was set to go beyond in 2018, but in 2022, the cloud is set to bring up the Internet of Everything.
IoT is an intelligent connection of people, processes, data and things. Cloud will contribute toward making the complex processes of IoT simpler, allowing 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
However, AI accounts for only 1 per cent of the global cloud computing market, but its IT market share is growing by 52 per cent.
In 2022, it was expected to grow even beyond. Combining artificial intelligence with cloud computing has elevated how people interact 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 chat-bots 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 the rise in chatbots in 2022, it is all set to bring ease in product assistance and application. This will not only leverage the companies’ resources but also help cut the overheads.