The Future Of The Cloud Computing – Assignment Example

The paper “The Future Of The Cloud Computing” is an exceptional example of an assignment on information technology.
When it comes to cloud computing, the future holds great promise. Cloud computing has taken off in recent years with novel innovations and applications of business. In future, there will be more availability of the application in the cloud, further segmentation and more education and more hybrid adoption of cloud and its increased development. Also, the human resource will be expected to take charge of innovation of the technology (Delgado, 2014).
Create a forecast for cloud computing adoption in the next five years.
• Gartner predicts that the new IT bulk spending by 2016 will be for platforms and applications of cloud computing. Also, almost half of big enterprises will have deployments by the end of 2017.
• The Global cloud-based market of security services will rise to $ 3.1billion in 2015.
• The report by McKinsey & Company projects that the total economic cloud technology impact could be $ 1.7 trillion to $6.2 trillion yearly in 2025.
Will everything eventually move to the cloud?
No, I do not think so. There is no way that on-premise software fades forever. Realistically, there is a vast software collection that cannot move outside the enterprise in the predictable future. 
Will the concept be obsolete?
Cloud computing may finally make traditional storage obsolete. Cloud computing has a dramatic impact on the market for machines of storage in the coming future. Earlier, organizations went through the procedure of purchasing storage computers and networks separately. Presently, the hardware need is vanishing.
What do the experts say?
According to experts, cloud computing mitigates the cost of labor, enhances capital use and decreases provisioning from weeks to minutes.