Month: June 2022

Cloud
DevelopmentInsights

The 7 Biggest Cloud Computing Trends in 2022

Want to add cloud computing trends to your business to do massive growth…????

We are here to help you know the most significant cloud computing trends in 2022. As you know, work scenarios have gone in a different direction after the pandemic situation. Companies want smooth workflow with the use of efficient cloud services. 

So, to get the benefits of cloud computing, you need to know what’s going on in the world of cloud services. This field is constantly updating and you should stay ahead of all to get the maximum benefit. So, we have your back and covered the biggest cloud computing trends in 2022 for you. Before jumping to know the trends, let’s know the evolution of cloud computing in this digital world.

Advancement in Cloud Computing 

Cloud computing is a technology by which your whole computing environment is in both hardware and software applications online. You just need remote central servers for this computing service. There is a continuous evolution of the cloud trends after the pandemic situation worldwide. The evolution is based on the modified needs of society. The service is just like having computer services on rent. The first idea behind this came in the 1950s. The revolutionized cloud computing has its feet on the five previous major technologies, after that the cloud computing service is what it is today!

The previous five techniques are:

  • Distributed services with its Peripherals
  • Virtualization
  • Web 2.0
  • Service Orientation
  • Utility Computing

After this, Cloud computing evolved and you can see this as one of the latest trending cloud computing services. But still, it has been evolving as per the industry needs, So there are various trends related to it. So, let’s get started with these trends of 2022…!!!!

The Biggest Cloud Computing Trends

Artificial Intelligence

The market for Artificial Intelligence is very vast in the coming years. The expected projection value of the market will be $850 billion by 2028. Cloud computing plays an important role in delivering artificial intelligence technology services. The development and evolution of the AI and cloud are interrelated. In the coming time, AI will consist of strong algorithms that can enhance the accuracy of machine learning to understand human language. So, Cloud computing will play a crucial role in delivering the services as well as the needed infrastructure to the consumers. 

Artificial intelligence and machine learning need high processing power and bandwidth that can be budget-friendly by using cloud technology. Cloud computing basically plays a big role in the development of two AI trends:

  • Creative Algorithms to train artificial intelligence programs and enhance the usage of machine learning.
  • Language Modelling transforms the way computer systems interact with the users.

Thus, cloud computing will play good support to deliver these two services to the users. Every size company can get benefit from cloud technology to get the top AI solutions. 

If the smaller companies will not get affordable cloud services then it will be difficult for them to work with advanced ML and AI services. Big support of cloud computing helps all business size companies to fetch the benefit of artificial intelligence and machine learning. 

Serverless Cloud Computing

Serverless computing means the consumer doesn’t have to bother with server infrastructure management. In this scenario, the cloud provider handles the required infrastructure and resource allocation. There are so many benefits of serverless cloud computing, Some of them are:

  • Don’t spend on a fixed amount of storage or bandwidth. Using pay-as-you-go service usage is the best option.
  • No need for an extra team to handle server management.
  • Lessen the risk of back-end failures.
  • No need to provision complex server clusters, Instead spend time on coding and development.
  • Automatic scaling of serverless platforms.
  • Less investment of significant resources.

These benefits of serverless computing make cloud technology more accessible. So, The trend of serverless computing continues to boost. This strategy helps to reduce the risk and the cost. In the coming time, demand for serverless computing will grow from 2022 to around 23% by the year 2026. The main helping hand in this technology will be the small companies that adopt this strategy to reduce the cost and burden of managing the servers. Be more flexible in terms of bandwidth and storage capabilities with this trend.

Cloud Security

One of the most important concerns of companies for cloud deployment is the Security of the data and compliance. So, in return cloud providers are thinking deeply about the security concerns to be given. They have created a huge demand for the given practices:

  • Secure Access Service Edge (SAAS)- It helps users to manage and control access to cloud applications and end-user devices.
  • Cloud-Based Disaster Recovery (DR)- It assists a company to back up the data and having a stand-by IT environment to help if the primary environment goes down. 

Security should be the most considered step for a company as any breach of it, can cost the company millions loss of money and reputation. Making a secured IT environment as per possible requirements takes strong security measures. The above two given practices support flexible security measures for the company from web filtering to the prevention of credential stealing. SASE especially helps to reduce the cost of the projects while lowering the IT workloads and preventing thefts. 

Hybrid and Multicloud Environment Support

There are two traditional options for opting for cloud services: One is a private cloud and the other is a public cloud. Private means storing the data on a customizable private cloud where data is saved in the private spaces to give fast data speeds and lower the downtime. The second one is public which means storing the data on a pay-as-you-go common cloud space where there is a third-party server making it possible to reduce the infrastructure costs for the company. The latest one is the combination of the two presenting the hybrid environment. 

The combination of the two offers the companies to get the best of the cloud services. The client-sensitive information can be privately held and the most used files required on a need basis can be taken to a public cloud like Azure or AWS cloud consulting services. That’s why organizations are opting for multi-cloud environments. Which in turn is a combination of all the three: Private, Public, or Hybrid. 

On-premises operations with services that run on any public or hybrid cloud combine with each other to get the advantage of multi-cloud support. Various benefits of having the support of a multi-cloud environment:

  • Less downtime
  • Performance Optimization
  • Control over costs

To achieve the given advantages and a flexible working environment, you can use hybrid or multi-cloud technology. It’s also possible to create a customizable technology environment to meet your business goals. 

Edge Computing

Edge computing is an optional approach to feeding data in the cloud environment. This trend involves creating localized data centers for computing and storing the data near the data gathering point instead of being in a centralized location that is miles away. Cloud computing and Edge computing complement each other very well. The combination provides the benefits of the cloud services with the following in IT environments:

  • Fast data processing
  • Less bandwidth usage
  • Reduced volumes of transferred data
  • No latency in response time

This kind of separate and broadcasted infrastructure enhances the application’s performance. The data and resources can be refined locally as they are nearer to the end user’s device. 

Cloud computing data is not time-sensitive whereas Edge computing is the reverse of that. Runs the complemented technologies increase the speed of the data processing and privacy support. Every edge server has variable computing, storage, and network capabilities, So each device can perform functions of network switching and Load balancing. Edge computing will be on the heights as there are numerous benefits.

Keep an eye on sustainability

Sustainability is important in all aspects of life whether it is personal living or technology. Sustainability is considered with innovation in this era. Maximum cloud computing organizations use renewable energy to operate their services. 

One of the major advantages of this can reduce the volatility with good environmental performance. The reason here for the sustainability of cloud computing is to reduce the usage of carbon and physical waste. Move to software usage rather than paper-based work. So, cloud-based computing is the best to do this. 

Most people hate to work with companies that violate environmental rules. They consider sustainability above all while choosing any technical company for the services. When a normal business application and data switches to the cloud, it easily reduces the energy consumption which results in much lower energy costs and reduced carbon footprints. 

Grow With Cloud Gaming, AR, and VR

Direct streaming of the video games to the user’s device from the remote servers is Basically Cloud Gaming. Anyone can play the game on any device such as laptops, systems, or smartphones without having any expensive console. Multi-players can play without the hurdle of existing platform requirements. You don’t need to have the given:

  • Exclude the need of having storage space
  • Any need for special hardware
  • Delay-free experience
  • The problem of any privacy concern

Some big giants in the world of cloud gaming are Mircosoft, Amazon, Google, Apple, Samsung, etc. The future of advanced gaming entirely depends on cloud gaming technology, virtual reality, and augmented reality. This can be one of the most emerging trends of cloud computing in 2022. 

Final Takeaway: Grow the business With Trends in Cloud Computing

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Digital nomad word cloud concept

That’s all for the topic!

This year can be the most emerging time for cloud computing services. To stay ahead of the competition, your company should not lack cloud services. It has changed the way of traditional businesses. After the pandemic, it has become a necessity for IT businesses to grow worldwide.  

Its flexibility and cost-saving advantages are the top reasons to be a part of cloud trends. With the emerging powerful technologies of cloud computing, Without a doubt, Cloud computing is the future. 

If you have any other big trend of cloud computing in mind, then drop your idea here. Still, have any other queries, Feel free to connect with us….We will be happy to serve you!

Hope you enjoyed the reading….!!!!

About the Author:

Naveen Kumar is the marketing and product head at JoomDev. He loves to convert his ideas into reality by developing products to make your online business successful with his WordPress plugins like Mighty Addons for Elementor, which helps her power Elementor’s page builder.

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Inflation Rocks the Real Estate Market in 2022 in Unique Ways

There’s no denying that life is a lot more expensive today and our bank accounts are certainly feeling the effects of the ever-increasing inflation. People are doing the best they can to stay in the green, even if that means selling their homes and moving closer to work in an effort to save money on gas or find a cheaper area to live in. 

Inflation is impacting the real estate market in some unique ways and HomeLight’s Top Agent Insights Summer 2022 report goes into great detail about it. Here’s a brief summary of what top agents say about inflation’s impact on buyers’ desire to move.

Renters are torn between renting or buying despite high-interest rates

You don’t need us to tell you that rent is increasing at a ridiculous rate – in many places, it’s risen more than 25%! People who once enjoyed the freedoms that renting allowed them are now worrying that they may not be able to afford rent anymore. However, if they decide to buy when prices are high and interest rates continue to rise, they may not be able to afford all the costs that go with being a homeowner. 

Property taxes are draining retiree’s retirement savings

Seniors have waited a long time to retire and they’ve saved their pennies so they could enjoy their retirement. They may have even paid off their homes so that would be one less large bill to worry about. What they couldn’t have foreseen was the ridiculous housing market and how high home values have risen over the past two years. The high prices that houses were selling for means property taxes have increased as well. It’s the high property taxes that are hitting seniors’ wallets the hardest. 

Buyers are looking for an energy-efficient home 

In an effort to save as much money as they can, buyers want energy-efficient houses because climate change is very real and temperatures are certainly going to fluctuate more than normal. 48% of agents say that even though energy-efficient features will increase a home’s cost by 25%, buyers are still eager to buy these properties over any others.

Solar power and green materials are great marketing points

If you want to draw more attention to your property, 41% of real estate agents say listings that highlight solar panels and energy-star certifications are getting a lot of traffic. With that in mind, why wouldn’t a seller advertise those features? They could recoup 45% of the cost for these upgrades when they sell.

Saving money with low-maintenance landscaping

Business calculations
The calculator is placed above dollar money bills

Instead of paying for beautiful lawns with exotic plants, 22% of real estate agents say they’re seeing homeowners choose low-maintenance landscaping projects to spruce up their yard. That means they’re using masonry and native plants to achieve that drool-worthy curb appeal buyers are drawn to. 

Astroturf could become more popular if inflation continues

Do you want a really low-maintenance lawn? Then astroturf may be the perfect thing for you. 17% of agents say that the properties of artificial grass are gaining more attention than one would think. Do keep in mind that astroturf is going to appeal to a much smaller buyer pool or none at all, depending on where you live. But, that’s why you work with a real estate agent because they’ll give you advice regarding what’s popular in your market. 

It’s hard to say what we can expect if inflation continues to rise. Will it be like the 2008 recession? Will it be worse? Or will there be some miracle and we’ll avoid economic disaster? We’ll have to wait and see… 

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Benefits of Using SAP S/4HANA for Business Processes

Modern businesses need modern solutions and technologies to keep up with this fast-evolving world. As a result, advanced ERP solutions have a growing prevalence and application. These ERP solutions are equipped with advanced technological capabilities to help businesses support modern requirements. 

One such well-known ERP solution is the SAP S/4HANA solution. Initially launched in 2015, SAP S/4HANA came as a new generation upgrades to the legacy SAP ECC solution. Over these years, many businesses have accepted SAP S/4HANA with open arms primarily because of the perks that come with it. So, continue reading as we learn more about SAP S/4HANA and its benefits.

Enhanced Analytical Insight 

Analytics has become a key ingredient in fueling the growth of a business in the modern digitized business environment. An insight into the future is very important for facilitating better and more informed decision-making. The in-memory HANA database from SAP S/4HANA is designed to help you get the most out of modern analytical potential. 

This is primarily because of the smart data design in this solution. This helps you drive better efficiency by reducing data redundancy and aggregate tables. Additionally, it also aids in enhancing the overall efficiency of business processes while boosting their efficacy simultaneously. 

Effortless Creation of Business Models

Every enterprise today is striving to become an intelligent enterprise. However, this can be very challenging without having a flexible business model in adherence to the requirements of the business. The legacy SAP ECC solution had features and functionalities to help one create business models. 

But deploying changes in those models was always a challenge for organizations. SAP S/4HANA addressed this issue much more effectively as the solution allows you to make any sort of changes with no hassle whatsoever. No matter the extent of change needed, you can deploy all the changes in no time. Thus, the same changes can be implemented into business processes to drive better results.

Forecasting Becomes Much Accurate 

Businesses now need to have a clear and transparent view of both the long and short-term future. SAP S/4HANA comes well-armed with advanced technologies such as machine learning and artificial intelligence (AI). Both these technologies allow the solution to facilitate better data modeling. Besides that, it also allows businesses to make accurate forecasts and predictions. 

This gives your business a data-driven insight into the future, making your forecasts much more accurate. The solution allows businesses to leverage all historical data and other relevant factors that can influence the future. This makes it much easier to generate accurate forecasts and curate a business plan accordingly.

Diminished Ownership Costs

SAP S/4HANA is one of those few ERP solutions with some of the most useful features at its core. As a result, this reduces the number of boxes one has to manage within an infrastructure, further bringing down the cost of ownership. This solution leverages cloud technology which means the need for maintaining complex hardware is less. 

Conventional hardware might require upgrades and maintenance after every few years. SAP S/4HANA allows you to shift your business processes to the cloud infrastructure. This consequently eliminates the need for maintaining hardware. You could actually bring down your IT costs by 11% to 17% with SAP S/4HANA. 

Proactive Maintenance of Assets 

The SAP S/4HANA has a lot to offer to its users. The solution has three of the most primal ingredients of an intelligent enterprise. For instance, you get access to machine learning, artificial intelligence (AI), and the in-memory HANA database. Your business can leverage the potential of these technologies and combine them with the Internet of Things (IoT) sensors.       

Combining IoT with the predictive capabilities of the SAP S/4HANA solution will make it much easier to monitor and maintain all your assets. This can be very beneficial for every business, but more so if you are a manufacturer. The IoT sensors can send you automated alerts whenever things go wrong with your machines. Besides that, you can monitor the health and performance of assets and facilitate timely and necessary maintenance.

Automation  

Businesses in this modernized environment go to all lengths to boost the efficiency of their business processes. However, manual labor always comes with a limit, and pushing far beyond that limit can hamper the quality of services. So what businesses need is automation with technology while saving human ingenuity for other value-driven tasks. 

SAP S/4HANA has many such automation capabilities that help your business facilitate effective automation. Thus, every tedious and repetitive task that needed human effort or intervention earlier can be seamlessly automated. Tasks such as data entry, report making, and more can be automated with SAP S/4HANA. As a result, your human resource could be invested in priority tasks to fuel the organization’s growth.   

Hastened Period-End Closings

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The calculator is placed above dollar money bills

Every business has to deal with the complexities of finances to keep an account of everything. The workload of finance departments is generally at its peak whenever there’s an end of a period. It can be very challenging to maintain the efficacy and efficiency of performing such tasks in such situations. 

Fortunately, SAP S/4HANA offers an excellent solution to this hassle. The in-memory HANA database offers unmatched efficiency with a much faster database. Consequently, you can hasten period-end closing and prevent tasks from piling up until the end. 

Besides, SAP S/4HANA gives you access to all real-time and updated information on all your finance-related business processes. As a result, you can drive better decision-making with updated information at your fingertips.

Bottom Line

Business environments are changing, and businesses that fail to keep up with these changes will perish sooner or later. As a result, it becomes very important to leverage the potential of a futuristic solution such as the SAP S/4HANA solution. This is one of those few solutions that can provide you with the right tools and resources. All you need to do is use these tools and resources to transform your business processes for good. Thus, reach the experts at our SAP consulting company and transform your business for good.

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Author Bio: Eric Smith is an SAP professional providing consulting services for SAP solutions to his clients. With a knack for technology, he loves to write on the latest SAP developments and share his knowledge with the readers.