- AIOps in Cloud Management
- Sovereign Cloud Solutions
- Investing in Custom Silicon
To know more about strategic imperatives, companies to action, and best practices in the dynamic cloud ecosystem, click here.
In today’s fast-paced digital landscape, evolving cloud technologies are empowering businesses to enhance collaboration, strengthen security, and increase operational agility. Meanwhile, the rapid adoption of artificial intelligence (AI), generative AI (GenAI), and machine learning (ML) is driving enterprises to modernize their data storage, management, and processing capabilities. Now, as businesses prioritize cloud migration strategies and hyperautomation, the global infrastructure-as-a-service (IaaS) and platform-as-a-service (PaaS) industry is projected to reach $915.90 billion by 2029, growing at a CAGR of 25.4% between 2023 and 2029.
What’s Catalyzing This Change?
- As enterprises increase their use of cloud infrastructure to facilitate digital transformation, they require tools that enable easier and more consistent management of hybrid cloud, edge, and data center environments.
- Traditional cloud security frameworks are proving insufficient for safeguarding multi-cloud and edge locations amid intensifying risks from ransomware and security breaches.
- Skills gaps continue to plague IT departments, as employees struggle to keep pace with advancing capabilities of GenAI, ML, serverless computing, chip development, and 5G technology.
These factors are pushing cloud providers to future-proof their revenue pipelines by focusing on growth opportunities like hybrid cloud management for edge locations, hyperautomation, AI operations (AIOps), integrated security services, sovereign cloud solutions, and customized chip designs.
Companies to Action in the Cloud Industry
The following pioneers in cloud solutions and services are driving growth and innovation to meet evolving customer demands. They play a crucial role in simplifying cloud orchestration and cybersecurity management, empowering organizations to optimize business processes and harness disruptive technologies.
Hybrid Cloud Management Platforms
- CoreStack gives organizations a complete view of its cloud infrastructure, providing real-time recommendations for continuous compliance and resource optimization.
- VMware‘s unified public cloud and application management services support Kubernetes to enable cloud cost/ performance/security optimization, helping customers streamline cloud infrastructure management with full-stack visibility across private, hybrid, and multi-cloud environments.
- Cisco facilitates network, cloud, and IT infrastructure management, bolstering security with AI-infused services.
Cloud-Based AI, IaaS, and PaaS
- Amazon Web Services’ (AWS) investments in custom silicon, AI, GenAI, and security infrastructure make it a top choice for enterprises’ digital transformation. AWS delivers a wide range of foundational models to address varying business needs with security, data privacy, and built-in confidentiality.
- Microsoft‘s early lead in AI, its industry cloud, and sustainability initiatives have made it one among the top choices for the deployment of new workloads. Further, the company’s strategic partnership with Oracle has re-written the rules of coopetition in the technology industry.
- Google Cloud expertly integrates AI, particularly GenAI to address evolving customer needs, ranking among the first hyperscalers to offer its customers an array of foundation models including third-party models, open-source models, and Google’s own AI-based models.
Data Protection Services
Acronis, Veeam, and Nasuni actively combine data protection along with automated backup and recovery, cybersecurity, ransomware protection, and endpoint management services for hybrid and multi-cloud environments, thereby increasing the available choices of integrated security features for enterprise customers.
Ready to Lead the Cloud Revolution?
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