Cloud computing is moving forward at a breakneck speed.
The statistics on its take-up by businesses speak for themselves; executives at more than 30% of large enterprises will need to justify any new IT initiatives not involving a cloud-only strategy from 2020, according to Gartner.
By 2021, more than half of global enterprises worldwide currently using cloud computing are set to adopt an all-in cloud strategy. But in doing so, what should they consider? Is the future private or public? Should their decisions be influenced by elements like security, data privacy, cost and agility? Or has the time for private cloud come and gone?
Increasingly, it’s a hybrid approach that businesses are focusing on, but private cloud is still playing a starring role. In fact, the market for private cloud is set to grow at an annual compound growth rate of 23% from 2020 to 2023.
So, what is spurring the growth? Why is private cloud still so beneficial to business?
The success of private cloud
There are many reasons for the continued success of private cloud, not least because organisations can enjoy all the benefits of cloud computing with the added resilience and security of a dedicated private solution. To establish an effective and reliable private cloud environment, you need to ensure you have the right setup, with the right support infrastructure, in the right place.
Some of the main issues that organisations will need to consider in order to ensure their private cloud deployment is helping them to meet their goals are:
- Agility – the ability to ramp up services quickly with enough flexibility to scale IT resources up and down to meet changing business demands over time.
- Data sovereignty – private cloud offers the reassurance of knowing exactly where your data lives. You always know where the cloud is hosted; safely in your own data centre, on-premise, or in a trusted third-party data centre, such as one owned and operated by Pulsant.
The future of private cloud
So, what does the future hold? Entering a new decade, it is clear that private cloud has a central role to play. Many organisations are already seeing the significant benefits of using private cloud environments such as our Enterprise Cloud, over their own data centre or hosting in house.
The future is always hard to predict, but the businesses most likely to succeed will be those which create a winning strategy combining private and public clouds in proportions that enable them to fully exploit the data explosion and make it work for them.