#1: Data strategy in the cloud is now a key component of corporate strategy
In 2020, enterprises need to adopt a more mature data strategy in the cloud. In the past, many enterprises have migrated large amounts of applications and data to the cloud, and until now, they are gradually shifting their strategy, doing it in a slower and more strategic way, and even moving some workloads back from the cloud. local data center. Companies across industries are recognizing that they should opt for the cloud while maintaining flexibility and cost value, so they are also beginning to reassess which environment can effectively balance business goals and workload demands.
From 2020 onwards, a comprehensive data strategy in the cloud will gradually become a necessary condition for enterprises in the Asia-Pacific region to remain competitive. To optimize their journey to the cloud, businesses first need to fully understand their data in order to get the most from their cloud deployments.
80% of enterprises migrated their workloads from public cloud back to on-premises in the past year, according to an IDC report; overall, enterprises will migrate 50% of their public cloud applications back to on-premises within the next two years Managed private cloud or on-premises environments;
According to Forrester, data strategies will gradually shift. Leading companies will double their budgets on data strategy. And with the cost of data errors increasing significantly, 2020 is set to be a “year of awakening” for many companies in their data strategy;
According to Gartner, due to the cost of modernizing technology and the unplanned costs of streamlining associated operations, strategies to increase digital may not meet business leadership’s revenue growth expectations. At the same time, the complexity of operations will hinder the pace of enterprise change, making it difficult to achieve the innovation and adaptability required for digital enterprise operations.
#2: Multi-hybrid cloud will be the norm in 2020, and data protection will be a key need
Data management across multiple hybrid cloud environments will be the new normal in 2020 as enterprises continue to move data back to on-premises environments. More and more enterprises are beginning to realize the value of deploying workloads to multiple cloud environments, helping organizations achieve adaptability, minimize risk and realize increased value. Enterprises often employ multiple cloud service providers to create a multi-cloud environment, so data management, access and protection will be key requirements.
In 2020, digital transformation will provide companies with a competitive advantage and real insight by strengthening the integration of digitally collected data and decentralized data, and focusing on the improvement of technology and services at the organizational level. At the same time, this process must be strictly compliant, and the management of the growing amount of personal data must comply with legal and cultural regulations.
According to Commvault, some enterprises initially store workloads on physically dense tape, saving costs and resources; others initially deploy applications or large cloud-native databases that facilitate backup and migration between clouds. Therefore, a data strategy covering disaster recovery in the cloud will be the trend.
According to an IDC report, by 2022, 70% of enterprises will deploy unified hybrid or multi-cloud management technologies, tools and processes. Frank Gens, senior vice president and principal analyst at IDC, said: “We will enter a new chapter of competition on the enterprise cloud. In the digital age, enterprise competitiveness depends on its digital business scope, and the integrated management of cloud silos will become the key. component.”
#3: The future belongs to the SaaS model
Customers tend to purchase only the services they need through ongoing subscriptions, enabling the SaaS model to flourish, and SaaS products are widely recognized for their ease of use, speed, low infrastructure costs, and scalable value proposition .
In 2020, technology partners will continue to prioritize offering SaaS-based products and services. With new capabilities such as aggregated storage, containers, and cloud technologies, SaaS will continue to evolve to automate infrastructure management and simplify multi-cloud environments, helping users reduce costs and time-to-market.
According to IDC research:
Enterprises should prioritize the adoption of SaaS-based management and governance products, develop relevant business KPIs, and realign their IT environments around a digital-first infrastructure.
By 2023, the top five large public cloud platforms will consolidate at least 75% of the IaaS and PaaS market share, while more and more SaaS providers will transition to public cloud platforms. The top ten SaaS franchise providers will generate, on average, nearly 20% of their revenue from scaling their PaaS offerings.
Frank Gens also said: “The future market will consolidate around a few large cloud platforms, so enterprises should choose their core large cloud platforms wisely”. At the same time, enterprises should prioritize multi-cloud adoption and use SaaS providers that can successfully deliver platform services and applications. SaaS providers will become an important source of digital innovation for enterprises. The predictions above create a new kind of digital-first enterprise that will be confirmed in the coming years.
About Commvault
Commvault is a recognized leader in data backup and recovery. Commvault data management solutions redefine what backup means for the modern enterprise by protecting, managing and using data, the enterprise’s core asset. Commvault provides customers with advanced software, solutions and related services, while reaching global reach through its vast global partner ecosystem. Commvault has more than 2,300 highly skilled employees in global markets, is listed on the Nasdaq Stock Market (CVLT) and is headquartered in Tinton Falls, New Jersey, USA. For more information about Commvault, please visit: www.commvault.com/
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