As the cloud increasingly aligns with business goals, AI and ML-powered clouds will see exponential growth: Clover Infotech

Clover Infotech is a leading IT consulting and services company. It provides solutions and services for application and technology modernization, cloud enablement, data management, automation and assurance services.

Here, Neelesh Kripalani, Chief Technology Officer, Clover Infotech, gives his forecast for 2023. Excerpts from an interview:

DQ: How can the cloud enable VR/AR, metaverse, cloud gaming, and even quantum computing in 2023 and beyond?

Neelesh Kripalani: Cloud computing is advancing at a rapid pace. Powerful cloud platforms coupled with efficient algorithms enable fast data processing, instant insight delivery and maximization of efficiency, thus benefiting several other technologies such as IoT and connected devices, AI and ML, AR and VR, etc.

When the cloud is merged with other new era technologies such as AI and ML, or IoT, it becomes capable of not only capturing and computing data, but also generating intelligent insights from of these. For example, AR and VR technologies, although proven in the areas of digital entertainment, require sophisticated processing platforms which often negatively impact the cost-benefit equation. In such a scenario, cloud technologies present the “pay-as-you-go” model that enables access to previously unattainable levels of processing at cost-effective rates. The cloud allows economies, businesses, and individuals to access sophisticated technologies without incurring additional expense.

DQ: How do you see multi-cloud as an increasingly popular strategy in 2023?

Neelesh Kripalani: Multi-cloud basically means using cloud services from multiple cloud providers. The advantage of this type of cloud environment is that it is portable across the infrastructures of several cloud providers. They are usually built on open source cloud native technologies, such as Kubernetes, which are supported by all public cloud providers.

The multi-cloud strategy enables enterprises to eliminate vendor lock-in, avoiding performance issues and unnecessary dependency resulting from using a single cloud provider. It allows businesses to choose cloud services from different service providers, improving flexibility and the ability to select the best technologies from the myriad of services.

DQ: Will we see more cloud powered by AI and ML in 2023?

Neelesh Kripalani: The value of the “Cloud” has now exceeded efficiency levels in the areas of compute, network and storage. He moved into the field of cloud data warehouses. Organizations are freeing up the siled data generated by their business functions and using the speed, scale and security of cloud technologies to empower business users with real-time insights for highly-informed decision-making.

Such cloud infrastructures powered by AI and ML capabilities take business acceleration and operational efficiency to the next level. We’re going to see many more industries shift from using the cloud to simply adding value for infrastructure, compute, and security to spending on empowering decisions. As the cloud aligns with business goals and decisions in the years to come, clouds powered by AI and ML will grow exponentially.

DQ: What are the growth prospects for industry cloud platforms in the future?

Neelesh Kripalani: According to a recent Gartner survey, enterprises will use industrial clouds to accelerate more than 50% of critical business initiatives by 2027, up from less than 10% in 2021. As various industries differ from each other in terms of regulations, of protocols governing business and technology, and how they interact and interact with their customers and other key stakeholders, industry cloud platforms tailored to their needs would grow in importance.

I believe that as companies become familiar with cloud-first models or successfully modernize their current IT landscape, they will improve the use of “industrial cloud” and it is set to grow well from now on.

DQ: What is the potential of cloud security services for 2023 and beyond?

Neelesh Kripalani: Cloud security services would be one of the main pillars of trust that would govern the relationship between companies and their cloud service providers. Therefore, cloud security services have become the need of the hour. Businesses using cloud infrastructures need to protect against anomalies, account takeovers, unauthorized access, and malicious insiders. According to numerous industry surveys, cloud security has become one of the top concerns of CIOs across industries. Therefore, cloud security solutions are increasingly becoming part of the overall enterprise security posture to maximize the benefits of data reliability, availability, and security.

DQ: Do you foresee edge computing continuing to grow in 2023 and beyond?

Neelesh Kripalani: Edge computing is rapidly gaining traction as it brings network, storage, and compute capabilities closer to the network edge, which essentially means that data is processed closer to the source to reduce latency and improve performance. safety and efficiency. Edge computing already enables many other technologies such as IoT and connected devices, 5G, etc. Its integration not only reduces latency, but also increases durability and improves overall performance.

Global edge computing market was valued at USD 7.43 billion in 2021 and is projected to grow at a CAGR of 38.9% from 2022 to 2030.