- Cloud Security: Replacing inadequate legacy security solutions with new models like cloud workload protection platforms (CWPPs), cloud security posture management (CSPM), and development-security-operations (DevSecOps) platforms.
- Artificial Intelligence Operations (AIOps): Leveraging hyperautomation to automate routine tasks like infrastructure, data, and network management, thereby maximizing productivity, efficiency, and agility while combating IT talent shortages.
- Data Storage Clouds: Developing distributed data storage clouds that are specially designed for AI-intensive workloads and pre-tuned to the needs of regulated industries, in terms of security and application performance.
- Managed Cloud Services and Partner Programs: Driving collaboration and helping organizations seamlessly migrate applications to the cloud, while enhancing IT management and cost optimization leveraging outcome-based service level agreements.
- Hybrid- and Multi-Cloud Management Platforms: Providing consistent visibility, control, and automated recommendations across cloud, edge, and data center infrastructures, allowing businesses to better manage their digital environments.
Evidently, cloud services are expanding far beyond basic infrastructure offerings to a comprehensive suite of solutions, delivered by various participants in the expanding cloud ecosystem. This is urging businesses to harness powerful technologies like artificial intelligence (AI), machine learning (ML), and Internet of Things (IoT) for enabling faster development, testing, and deployment of applications, while reducing time-to-market for new products and services.
How Will You Capitalize on New Growth Opportunities in Cloud Technologies and Services?
To empower business leaders with actionable intelligence that maximizes innovation, Frost & Sullivan has launched a series of Think Tanks on Cloud Technologies. These bring together cross-functional experts to identify growth opportunities, address strategic imperatives, and implement best practices, while unlocking future-proof competitive strategies. Here are some lucrative prospects our recent Think Tanks have unearthed:
- Infrastructure-as-a-Service (IaaS) and Platform-as-a-Service (PaaS): The arrival of generative AI (GenAI) is necessitating a re-examination of investments and go-to-market strategies for global hyperscalers, pushing them to develop new foundation models and GenAI-powered solutions, where storage and compute is supercharged for AI. Further, increasing commoditization of IaaS is compelling providers to deliver better price-performance and greater value-added functionality. This underscores the importance of innovative partner programs to unleash new prospects in IaaS and PaaS, in the era of verticalization and co-innovation.
- Low-Code Application Development Platforms (LCAPs): As organizations reassess spending and force business units to do more with less, LCAPs present new avenues for faster and easier application development. These enable business to quickly create and deploy services that seamlessly automate employee work and customer interactions. Now, though the introduction of AI is dramatically increasing the ease with which developers can create new applications, it is also exposing new security vulnerabilities. This implies that providers face the imperative of imbibing enhanced security functionalities in their LCAP portfolios to future-proof growth.
To delve deeper into these opportunities, explore the companies that have embraced them successfully, and to hear from experts in the field, click here.
In summary, the evolving global ICT landscape is opening fresh avenues to refine legacy cloud deployments and transcend the limitations of conventional workload management, inadequate flexibility, restricted visibility, latency, and rigid architectures. To leverage these prospects, organizations are ramping up engagements and collaborations with third-party partners/service providers, thereby integrating innovative technologies, enhancing security/ compliance reporting, and optimizing application performance.
