CloudOps

White Paper: Cloud Computing

Cloud Computing (Global Market)

White Paper: Cloud Computing (Global Market)

Chronicle

2023: CloudOps Global Market Grows 32.3% to Exceed $18 Billion for the First Time

In 2023, the global CloudOps market for the first time exceeded $18 billion, reaching about $18.5 billion. This is almost a third - by 32.3% - more than in 2022. Such data are provided in the IDC study, the results of which TAdviser got acquainted with in early November 2024.

CloudOps, or Cloud Operations, is the practice of managing software products deployed in a cloud or multi-cloud environment. These are a wide range of tasks that include migrating, configuring, and optimizing workloads and IT services, maintaining their health and security. CloudOps relies heavily on analytics to improve visibility of cloud elements, providing the information needed to manage resources and run services efficiently.

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Freepik

The CloudOps approach enables you to securely perform critical operations on highly available, productive, and scalable cloud systems. CloudOps teams achieve flexibility and agility by developing best practices to automate software delivery, manage applications and servers, and deliver services in the cloud. Among the key advantages of CloudOps are:

Accelerated automation: CloudOps tools can simplify the automation of a wide range of everyday tasks, including server and storage provisioning, application testing, monitoring and reporting, and security incident resolution;

Overall IT budget savings: As cloud services are paid for as they are used, big capital costs are eliminated, as well as the need to purchase maintenance contracts and continually update data center hardware to meet changing needs. In addition, energy savings are achieved, including maintaining the operation of cooling systems;

Enhanced security: Hyperscale cloud providers leverage industry-leading physical security and constantly monitor their infrastructure to prevent intrusions and data breaches. Almost every organization is aware of security improvements when transferring loads to the cloud;

On-demand scalability: Seasonal or growing needs can be met by an instant increase in capacity, typically through a self-service portal. New virtual machines, physical servers, storage, and network bandwidth can be delivered in just a few clicks for flexibility and adaptation;

Access from anywhere in the world: organizations can access cloud applications and resources at any time, using almost any device, from anywhere in the world with an Internet connection;

Continuous updates: Infrastructure and software can be upgraded or updated as they are used and without service interruption, allowing patches or new features to be added without disrupting normal business operations;

Data Backup and Recovery - These tools continue to be a strong driver for cloud migration. Backup and replication strategies can reduce recovery times to near zero, helping to ensure 24/7 availability of data and services.

IDC analysts believe that in the future, the global CloudOps market will continue to grow steadily. By 2028, costs are expected to reach $40 billion.^[1]

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