Fulcrum Digital is a leading platform and digital solution engineering company, uniquely positioned to deliver on the end-to-end transformation process from technology consulting, enterprise application and platform provision, and full-scale implementation.
As a technology agnostic digital partner, the Fulcrum Digital Group is comprised of six industry-specialized consortiums designed to offer deep expertise and tailored offerings to each vertical, whilst maintaining a connected global Centre of Excellence to allow clients to benefit from our multi-industry vantage point.
Vaibhav Tare, Chief Information Security Officer, and Global Head of Cloud & Infrastructure Services, Fulcrum Digital, tells us more regarding what to expect in 2023. Excerpts from an interview:
DQ: How can cloud enable VR/AR, metaverse, cloud gaming, and even quantum computing in 2023 and beyond?
Vaibhav Tare: Cloud can enable VR/AR by overcoming limitations that users generally experience, enabling them to experience cloud-based AR through seamless functioning. Similarly, with the help of cloud gaming, gamers and programmers can create complex games on the web space, enhancing their experience without any limitations. The field of quantum computing is new and hasn’t been widely adopted for commercial use. Utilizing quantum computing in the cloud seems to be the most practical choice for the majority of businesses.
DQ: How do you see multi-cloud as an increasingly popular strategy in 2023?
Vaibhav Tare: Multi-cloud is gaining popularity among organizations which will only see further demand in the coming months. Multi-cloud helps organizations not be tied down to just one cloud provider. When cloud service providers alter the applications they provide or stop supporting some applications entirely, this can pose difficulties. Additionally, it contributes to the development of redundancy, which lowers the likelihood of a negative impact that a system downtime may have on corporate operations.
According to a research by Gartner, in 2020, 70% businesses claimed they were still dependent on a single cloud service provider, as compared to 84% of mid-to-large businesses, who would have adopted a multi-cloud strategy by 2023, making it one of the year’s most significant trends in cloud computing.
DQ: Are we going to see more of AI and ML-powered cloud in 2023?
Vaibhav Tare: Artificial Intelligence (AI) and Machine Learning (ML) will definitely evolve in 2023, as companies today rely on AI to secure their data and security purposes. Leading organizations and enterprises are also building their own cloud and store data according to their personalized needs. Although both technologies are crucial to a company’s development, their combined power is greater.
While cloud computing offers storage and security to access these apps, machine learning creates intelligent hardware or software. Hence AI and ML-powered cloud will definitely be a part of our near future with the world rapidly adopting digital technologies.
DQ: What are the growth prospects for industry cloud platforms going forward?
Vaibhav Tare: The industry cloud platform is an emerging technology; however, it is still not developed entirely and has scope for innovation and improvement. It has the potential to offer transformational benefits. Industry clouds will grow more as they will develop into ecosystem clouds, where businesses can take part in shared procedures like purchasing, distributing, and processing payments, in order to realize their full potential.
DQ: What is the potential for cloud security services for 2023 and beyond?
Vaibhav Tare: Ever since companies are transforming digitally, enterprises are investing more on cloud services and taking third party vendors onboard for cloud management. It is absolutely necessary for cloud security to be a priority for cloud service security providers. There is a huge potential for growth as cyber security and cloud security are the primary goals for today’s digital era and for the future.
When digital-first enterprises will put a dedicated cloud security service in place, it will provide protection from data theft and breaches, malware infections and DDoS attacks.
DQ: Do you foresee edge computing continuing to rise in 2023 and beyond?
Vaibhav Tare: Edge computing moves storage and processing resources closer to the data source and away from the main data center. Whether in a retail space, a workshop, a manufacturing facility, or throughout an entire smart city, the processing and analysis of raw data takes place there rather than being sent to a central data center.
Only the results of that edge computing activity are transmitted straight to the central data center for analysis and further human interactions. These consist of precise business insights, predictions for equipment repairs, or other practical solutions. Because of this, edge computing is revolutionizing IT, and corporate computing and will keep growing in 2023 and beyond.
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