Cloud 2.0: A New Era for Cloud?

Analysts from research firms such as Forrester mention that cloud is entering its “Second stage.” Much like the term Web 2.0 was coined in the early to mid-2000s, expect the term Cloud 2.0 to catch on as it has already been used extensively in seminars and tech talks. What does the dawn of Cloud 2.0 mean for businesses and consumers? In 10 years, get ready for nearly all of your traditional computing resources to be delivered as a service using a public, private or hybrid cloud solution.

A new report published by Forrester mentions that public cloud services will balloon into a $191 billion market by 2020. When compared with last year’s estimate of the public cloud market being worth $46 billion, it articulates the point that cloud has matured vastly but the technology still has a long way to go.

Cloud 2.0 for Developers

Many developers are already utilizing the PaaS offerings such as Visual Studio 2013 in the cloud. As more services become available for developers in the cloud, expect application development and delivery time to rapidly increase versus the status quo.

Cloud 2.0 for Consumers

Consumers will benefit the most from Cloud 2.0. As research from Forrester indicates, the market will expand nearly 3 fold by 2020. This is mainly due to upcoming IoT (Internet of Things) which will connect devices to the cloud in which we never thought were possible. As companies begin delivering content such as applications, games and other Software as a Service, expect cloud adaption and satisfaction rates to hit a new high.

Cloud 2.0 for Businesses

Corporations have been the most reluctant to embrace cloud strategies. Until recently, large businesses shied away from cloud services due to questions surrounding security and costs. Many of these questions have been answered and large corporations have been slowly adapting to the cloud model. The gradual evolution from private cloud to hybrid cloud shows us that many businesses can’t afford to pass up on the cloud because if they do, they risk letting their competition go to market more quickly with better products.