Cloud is rapidly overtaking the traditional IT infrastructure. For scalability, security, and cost-effective solutions, enterprises swear by cloud computing and are opting for cloud migration to avail the endless benefits that it brings in. In fact, studies suggest that the global cloud migration market is expected to grow from $1961.44 million in 2016 to USD 8678.73 million by 2023, at a Compound Annual Growth Rate (CAGR) of 23.67%.
Infrastructure services consume a large part of IT budgets. It is therefore imperative for organizations to focus on cost and productivity of infra services to best utilize them.
Amazon Web Services (AWS) and Microsoft Azure are the top 2 cloud service providers with a combined market share of more than 50% of the total cloud market. If there aren’t financial constraints, these two are the obvious choices when opting for cloud services. However, choosing one of them can be tricky.
The cloud-native approach to software development has brought a paradigm shift to how applications scale and self-manage themselves, as the demand surge.
Benefits of cloud are no more limited to shared infrastructure to host an application. Cloud-native, that leverages loosely-coupled components of cloud for application development is gaining grounds in the software industry due to its exponential scalability and increased robustness.
73% of organizations have at least one application, or a portion of their computing infrastructure already in the cloud – 17% plan to do so within the next 12 months. - 2018 Cloud Computing Survey (IDG)