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Cloud Computing: The Next Wave is Application Modernization

By Dick Weisinger

In 2020, the combination of SaaS, PaaS and IaaS public cloud market is expected to grow $300 billion, according to Forrester.

Forrester said that “enterprises are just now starting to use cloud to modernize core business apps and processes; to date, they’ve been using cloud primarily to build new apps and rehost infrastructure.”

Some of Forrester’s predictions for 2020 include:

  • SaaS vendors will exit proprietary cloud platforms and use the infrastructure of large-scale cloud providers
  • The cloud will become the central point for High Performance Computing (HPC), in particular for AI and analytics.
  • On-premise will increasingly lose appeal because of its cost and feature lock-in
  • Alibaba will grow and surpass Google in size as a major cloud vendor.
  • IBM will regroup and organize cloud efforts around the Rd Hat acquisition
  • Oracle will continue to focus on its SaaS and database products

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One comment on “Cloud Computing: The Next Wave is Application Modernization
  1. Amit Kumar says:

    Thanks for posting informative knowledge.

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