What is the Future of Cloud Storage?

Over the years, our data storage requirements have seen unprecedented growth. Things started from a tiny floppy disk but owing to the sheer data growth, things are not even settling upon multi terabytes of portable hard drives. It won’t be wrong to say that we are stepping into the storage hungry era. In this lieu, only cloud services have the right credentials to cater for such data growth needs. It isn’t just a hypothesis, as immense popularity in the usage of cloud storage solutions is validating its reality. There are estimates that by the end of the year 2025, our data sphere will grow to the whooping volume of 163 ZB. Given the present storage space of hardware-oriented storage mediums, it seems impossible to store such a gross volume of data. But based on virtual nature and scalability, cloud storage does seem to set its strong foot pertaining to store the data in the cloud.

There are several reasons on the basis of which one can establish the relevance of online storage in the coming future. Due to both hybrid and full data online backup solutions, companies find it advantageous to opt for cloud storage. Furthermore, remote access, comprehensive data security, and cost-effectiveness also force companies to go for cloud storage. These choices are further validated by the statistics which say that within next couple of years, about 60 to 70% of software, technology, and services companies will adopt cloud storage for storing their business data.

Seeing the future demands and easy access to the cloud storage in case of disaster recovery, many eminent organizations have started to roll out their cloud storage services. Some of the eminent ones include Apple iCloudGoogle Drive, Microsoft OneDrive, and Dropbox. Apart from them, there are many in-application cloud storage services like Microsoft Office, where real time cloud storage is provided with Office 365 subscription.

Future of Cloud Storage

It is quite definite that future cloud storage won’t operate in the way it is operating nowadays. Since technology advancement is reshaping every sector, cloud file sharing and unlimited storage regime will also experience reshaping. Whatever would those changes be, one thing is quite certain that cloud storage is for sure going to take up the future stored files regime. What shape would future cloud storage solutions take? Following are some of the insight of those changes:

Evolution of IoT

Cloud technology plays a very significant role in the Internet of Things (IoT). This duo will keep on strengthening in the future since the use of IoT is going to experience a rich application in our daily life. This concept is very much evident from the adoption of the number of connected devices.

Through these devices, data is continuously being shared, analyzed, and interpreted across multiple mobile appdesktop app and other means. Not only will our devices become more connected, but they will also become more intelligent too. Since cloud technology is the prime component of such technologies, there is no doubt that it is going to be a prime storage medium for such interconnected and intelligent devices. Indeed, such evolution won’t progress if remote storage mediums, like cloud storage, aren’t put in place.

Everything-as-a-Service

Since cloud computing is largely being used, it is quite foreseeable that cloud storage, as well as cloud-based services, are going to see unprecedented growth. Already a lot of such, Mac and Windows, services are extremely popular. For example, a solely cloud-based streaming service Netflix allows subscribers to watch thousands of their favourite movies, TV shows, documentaries, and Kids stations. The whole dataset of content resides on the remote cloud-based storage systems. Users will just need to have a subscription and internet connection, and the whole world of entertainment will be in front of them.

It is just one example, and there are plenty of similar cloud-based services. According to the predictions of Wikibon, Amazon Web Services (AWS) will alone take its revenue to the toll of $43 billion by the year 2022.

Serverless Paradigm

According to the Chief Technology Officer of the Amazon, the serverless paradigm is the revolution-in-waiting. It is going to bring enormous revolutions in the software development world. According to the serverless paradigm, facilitation will be provided to the cloud with regard to the execution of the code snippets. This facilitation will bar developers from any sort of hassle. With this approach, software developers will upload the chunks of the codes on the cloud, using the gateway of cloud storage, to entertain customer’s preferences. In this way, valuable customer experience will be ensured along with the expedition in the software release cycles. To grasp the advantage of first-mover and to test its vitality, AWS has already started to implement the serverless paradigm.

Minimum Human Intervention

As the use of cloud storage solutions has increased, it has been seen that on-site storage mediums are being depreciated. This depreciation thus leads to the zero-human intervention in managing the data storage. Therefore, it is expected that the future with cloud storage requires minimum human intervention since all on-site data management setups will shift towards remote data storage mediums.

Increased Storage Capacity and Security

Since data is being generated in high volumes, so storage needs have increased drastically. Cloud service providers know about this need, and there are predictions that cloud service providers will roll out cost-effective plans with increased storage capacity in their business plans. Furthermore, since everyone has a consensus on the relevance and importance of cloud storage in the future. Therefore, in the future, we are going to see the tremendous number of cloud service providers, thereby creating a competitive environment. Customers will be the ones who will enjoy the ultimate benefits of this competition. To sustain in such a competitive environment, cloud service providers will have to offer more storage capacity with enhanced security features at a very reasonable price. With such measures, people will automatically start to shift towards cloud storage since they will be saving bucks and physical space on conventional storage mediums.

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