It is clear that cloud computing was one of the key innovations which defined the 2010s. The general adoption of the cloud was preceded by several events, starting from the planning of “intergalactic computer network” by U.S. government scientist J.C.R. Licklider in the 1960s. In 2006 cloud computing entered the mainstream technology arena when AWS announced the launch of its Elastic Compute Cloud. However, it wasn’t until the 2010s that cloud computing really started to lead the IT revolution by fully transforming the way computers and software operate. Cloud was adopted by leading brands and made cloud-native companies like Amazon, Netflix and Facebook the largest digital businesses in the world.
In 2010, the cloud computing market was further established when technology giants Microsoft, Google and Amazon Web Services launched their cloud divisions. In the same year, OpenStack, a leading open-source cloud software platform was established, cementing the rise of cloud-enabled technologies.
The definition of cloud computing itself has dramatically changed over the years, with the fast growth of edge and hybrid cloud adoption. Although still consider an early-stage technology, it’s expected in the coming years the development standard for both enterprise and consumer applications will shift from cloud-enabled to cloud-native. According to Statista, public cloud spending had a fivefold increase over the decade, starting at $77 billion and is predicted to reach $411 billion by 2020.
Enterprises will complete the cloud migration
Despite the anticipation of what cloud computing can do for organisations and underpin the modern business infrastructure, a lot of businesses are yet to make the leap. According to Forrester less than half of all enterprises use a public cloud platform right now. However, recent research by 451 Research demonstrated that it is surprisingly, the financial services industry who is a leader in adopting cloud technologies. With increasing competition brought by cloud-native

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