Are We On the Brink of Cloud 3.0?

Tech Insights for Professionals
The latest thought leadership for IT pros
The world has already seen several shifts in the landscape of cloud computing, and it looks like another one is on the way: Cloud 3.0.

Cloud computing 1.0 came about as a result of the first forays into server virtualization, while Cloud 2.0 is a more recent invention. This was, in many ways, the cloud revolution with apps like Google Drive becoming mainstream as the general public realized they could work almost entirely online.

The future is cloud

Increasingly, it looks like the world of computing is going to become largely cloud-based. Software-as-a-Service (SaaS) is predicted to grow by $60.36 billion between 2019 and 2023, while Platform-as-a-Service (PaaS) is predicted to increase in value from $19 billion in 2019 to $31.8 billion in 2022.

Learn more: IaaS vs PaaS vs SaaS: How to Choose What's Best for You

Cloud looks set to become the norm in a wide range of industries, from businesses using Google Drive and Dropbox to store files, to the oil and gas sector utilizing cloud applications to see operations in real time. It’s clear the technology is becoming more important as the world develops, and that shows little sign of stopping.