This Slideshare presentation explores the future of cloud engineering, and the emerging trends and technologies to watch out for managing cloud operations in a rapidly changing environment. As the global cloud computing market size is expected to grow from $371.4 billion in 2020 to $832.1 billion by 2025, at a Compound Annual Growth Rate (CAGR) of 17.5% during the forecast period, it is essential for businesses to adapt to stay ahead of the curve.
From the rise of serverless computing to the increasing importance of cybersecurity, the cloud engineering landscape is rapidly evolving. The presentation provides valuable insights into the challenges and opportunities that lie ahead for cloud engineers.
The presentation highlights the importance of understanding the emerging trends and technologies in cloud engineering to stay ahead of the competition, ensure cost-effective cloud operations, mitigate risks and ensure compliance, and drive innovation and business growth.
The emerging trends and technologies covered in the presentation include Serverless Computing, Multi-Cloud Strategies, Edge Computing, Cloud-Native Technologies, and Artificial Intelligence and Machine Learning. The presentation also provides successful use cases of these technologies and how businesses can leverage them to optimize their cloud operations and drive innovation.
Learn more: https://www.valuebound.com/resources/blog/future-cloud-engineering-emerging-trends-and-technologies-watch-2023-beyond
DBA Basics: Getting Started with Performance Tuning.pdf
The Future of Cloud Engineering: Emerging Trends and Technologies to Watch in 2023 & Beyond
1. The Future of Cloud Engineering:
Emerging Trends and Technologies to
Watch in 2023 & Beyond
2. The Future of Cloud Engineering: Why Does It
Matter to Your Business?
● As the cloud landscape evolves, so too do the challenges faced by cloud
engineers. From the explosion of data to the rise of edge computing and the
increasing demand for real-time analytics, cloud engineers must adapt to new
technologies and emerging trends to keep up with the ever-changing landscape.
● Furthermore, with the growing concerns around cybersecurity, compliance, and
data privacy, businesses are increasingly relying on cloud engineers to ensure
that their cloud operations are secure, compliant, and up to date.
3. Here’s why your business should watch out for
these trends-
● Stay ahead of the competition: By understanding the emerging trends and
technologies in cloud engineering, C-suite executives can make informed
decisions about their cloud strategy and gain a competitive advantage in their
industry.
● Ensure cost-effective cloud operations: C-suite executives can learn about the
latest cost-effective practices in cloud engineering and identify areas where
they can reduce expenses while maintaining or improving the quality of their
cloud services.
4. ● Mitigate risks and ensure compliance: Cybersecurity threats, compliance
regulations, and data privacy concerns are just a few of the challenges that
businesses face when managing their cloud environments. By staying up-to-date
one can better understand these risks and ensure that their cloud operations are
secure, compliant, and up to date.
● Drive innovation and business growth: By leveraging emerging technologies and
best practices in cloud engineering, businesses can unlock new opportunities for
growth and differentiation in their industry.
5. Emerging Trends and Technologies to Watch Out
for in Cloud Engineering in 2023 and Beyond
Serverless Computing: Also known as Function-as-a-Service (FaaS), it is an
emerging trend in cloud engineering that allows developers to build and run
applications without worrying about the underlying infrastructure.
One example of a successful use case for serverless computing is the mobile
app development platform, Glide. Glide allows users to build mobile apps
without writing any code, using serverless computing to handle the backend
processing.
6. Multi-Cloud Strategies: These involve using multiple cloud platforms to achieve
a specific business outcome. This approach provides greater flexibility, scalability,
and redundancy than using a single cloud provider.
Netflix uses multiple cloud providers, including AWS, Google Cloud Platform, and
Microsoft Azure. By using multiple cloud providers, Netflix can optimize costs,
avoid vendor lock-in, and improve service reliability.
Edge Computing: This is a distributed computing paradigm that brings
computation and data storage closer to the devices and sensors that generate
the data. This approach reduces the latency and bandwidth requirements of
cloud computing and enables real-time data processing and analysis.
7. Cloud-Native Technologies: These technologies are designed to run natively
on cloud platforms and leverage the cloud's scalability, elasticity, and resilience.
Cloud-Native technologies include containerization, Kubernetes orchestration,
and microservices architecture.
Zoom is a successful use case for this. It uses containerization and Kubernetes
orchestration to run its video conferencing service on the cloud, allowing them to
scale up or down based on user demand, which allows it to optimize costs,
improve performance, and deliver a seamless user experience.
8. Artificial Intelligence and Machine Learning: AI and ML are increasingly
being used in cloud engineering to automate tasks, improve accuracy, and drive
innovation. In 2023, AI and ML are expected to play a more significant role in
cloud engineering, with the emergence of new AI-powered cloud services, such
as intelligent automation, cognitive services, and predictive analytics.
The online retailer, Wayfair uses ML algorithms to personalize their website and
mobile app experiences for each user, based on their browsing and purchase
history to improve customer engagement, increase conversions, and drive
revenue growth.
9. Recent Use Cases of Positive ROI with Cloud
Engineering Technology
● A Nucleus Research study conducted in 2017 found that the companies
that use cloud-based technologies see an average return of $9.48 for every
$1 spent on cloud technology.
● The worldwide spending on public cloud services reached $332.3 billion in
2021, an increase of 23.1% from the previous year, according to a recent
report by Gartner. This suggests that many businesses are continuing to
invest in cloud technologies and may be seeing positive returns on their
investment.
10. ● Netflix: By migrating its infrastructure to Amazon Web Services (AWS), Netflix was able to
reduce its costs by up to 50%, while also improving its scalability and reliability. This allowed
Netflix to invest more in content creation and enhance its customer experience, ultimately driving
growth and success.
● Intuit: Intuit, the maker of TurboTax and QuickBooks, used cloud engineering technology to
improve its product development processes. By migrating its development and test environments
to the cloud, Intuit was able to reduce its time to market by 50%, while also reducing costs and
improving agility. This allowed Intuit to stay competitive in a fast-moving market and better serve
its customers.
● Airbnb: Airbnb has also been a leader in leveraging cloud engineering technology to scale its
business. By using AWS, Airbnb was able to quickly scale its infrastructure to meet demand
during peak travel seasons, while also improving its performance and reliability. This allowed
Airbnb to provide a seamless customer experience and ultimately drive growth and success.
11. Power-Through into the Future of Cloud
Engineering with Valuebound
● If you are looking to leverage the latest trends and technologies in cloud
engineering to drive growth and success, Valuebound can help.
● As an AWS partner for advanced tier services, Valuebound offers a range of
AWS services offerings that can help you optimize your cloud operations,
reduce costs, improve performance, and enhance customer experiences.
12. ● Whether you are just starting out on your cloud journey or looking to optimize
your existing cloud infrastructure, Valuebound can provide the expertise and
support you need to achieve your goals.
● So why wait? Contact Valuebound today to learn more about how we can help
you harness the power of the cloud and achieve your business objectives.