The next wave of computing: Cloud 3.0

Executive Summary

Cloud computing is well past its exploration phase and a real shift is starting to take shape. According to Gartner, the public cloud services market is set to grow 18% in 2017 to a whopping $264.8 billion. Companies such as Amazon and Salesforce that have been at the forefront of the adoption have experienced great success, paving the way for others to follow suit.

While the server virtualization boom in the mid-2000s marked the Cloud 1.0 movement, Cloud 2.0 focused on provisioning servers on-demand and delivery of infrastructure-as-a-service (IaaS). With cloud 2.0, the focus remains on scheduling, Big Data processing and load balancing, aimed at enabling clouds to efficiently manage high volume workloads.  But while the evolution from Cloud 1.0’s disruptive innovation to Cloud 2.0’s sustained innovation is on track, cloud users still have to perform server-maintenance, including software upgrades, OS configuration, and patching.

Thanks to the emerging third wave of cloud computing i.e. Cloud 3.0 or the Big Compute, the days of managing servers in a remote data center are going to be obsolete soon. This paper offers a deep dive into what the Cloud 3.0 movement means for enterprises and the risks and opportunities it is likely to usher in.

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