5 Things That Will Define Cloud Computing in 2024

IndustryTrends

AI as a Service democratizes transformative AI for businesses, empowering startups with affordable access to generative models like ChatGPT.

Hybrid and Multi-Cloud dominance continues, with 81% of firms using multiple cloud providers for enhanced flexibility and cost advantages.

Edge Computing rises with a 15.7% CAGR, decentralizing data for real-time insights, fueled by faster connectivity and advanced hardware and software systems.

Quantum Computing, unmatched in speed and efficiency, sees increased adoption due to continuous affordability improvements.

Serverless Computing at 23.17% CAGR: Develop, implement, manage processes hassle-free for rapid scalability, cost reduction

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