Open Access Journal Article

Modern cloud technologies for business and industry: opportunities and trends for Russian & Global markets

by Igor Vladimirov a,* ,  Alexander Vicentiy b  and  Oleg Gavrilov c
a
Faculty of Economics, Lomonosov Moscow State University, Moscow, Russia
b
Federal Research Centre "Kola Science Centre of the Russian Academy of Sciences", Kola, Russia
c
Faculty of Computational Informatics & Mathematics, Lomonosov Moscow State University, Moscow, Russia
*
Author to whom correspondence should be addressed.
JIE  2024, 18; 1(4), 18; https://doi.org/10.58567/jie01040001
Received: 20 November 2023 / Accepted: 26 December 2023 / Published Online: 8 January 2024
View Full-Text
Download PDF

Abstract

Cloud computing is one of the fastest growing domains of the IT industry, however, the growth rates for each of the models on a global and local (Russian) scale have not been generalized, despite the obvious value of such analysis. Modern business and industry in Russia is going through another period of instability and at the same time is forced to follow the trend of digitalization. That is why a balanced scientific analysis and forecast of the development of cloud technologies is needed, as the main factor in improving business efficiency. The purpose of the study: is to review the main models of cloud services for modern business and industry, describing their capabilities separately and the prospects for the market as a whole. The materials for the study were analytical reports of leading consulting companies and materials from specialized web-sites. Result: The article considers cloud technologies as the main global technological trend, describes popular models of cloud services, their opportunities for business and industry. Russian and global leaders in the provision of cloud services are also described, the growth rates of these markets for each of the models are indicated. The most popular and promising cloud service models in 2022 are: UCaaS, CaaS, SaaS, IaaS, RPAaaS, PaaS. The cloud technology market will show strong growth until 2030, generating both hybrid and absolutely new service models. The private business, industrial and public sectors will increasingly move to cloud services. The main trends in the development of cloud technologies until 2030 are: hybrid cloud, artificial intelligence (AI) and cloud computing, deployment of cloud services in the planetary orbit. The results obtained are very valuable for analysts and industry experts. The above trend analysis provides valuable predictive data to research economists, investors, business and industry leaders and other stakeholders on how the cloud services market will grow in the next 5-7 years. The results of the study also have a general theoretical nature, substantiating the importance of further forecasting the development of this market (especially using mathematical methods).

Keywords: Cloud technologies; UCaaS; CaaS; SaaS; IaaS; RPAaaS; IaC; PaaS; Models of cloud services; Cloud AI;
Copyright: © 2024 by Vladimirov, Vicentiy and Gavrilov. This is an open-access article distributed under the terms of the Creative Commons Attribution License (CC BY) (Creative Commons Attribution 4.0 International License). The use, distribution or reproduction in other forums is permitted, provided the original author(s) or licensor are credited and that the original publication in this journal is cited, in accordance with accepted academic practice. No use, distribution or reproduction is permitted which does not comply with these terms.

Share and Cite

ACS Style
Vladimirov, I.; Vicentiy, A.; Gavrilov, O. Modern cloud technologies for business and industry: opportunities and trends for Russian & Global markets. Journal of Information Economics, 2023, 1, 18. https://doi.org/10.58567/jie01040001
AMA Style
Vladimirov I, Vicentiy A, Gavrilov O. Modern cloud technologies for business and industry: opportunities and trends for Russian & Global markets. Journal of Information Economics; 2023, 1(4):18. https://doi.org/10.58567/jie01040001
Chicago/Turabian Style
Vladimirov, Igor; Vicentiy, Alexander; Gavrilov, Oleg 2023. "Modern cloud technologies for business and industry: opportunities and trends for Russian & Global markets" Journal of Information Economics 1, no.4:18. https://doi.org/10.58567/jie01040001
APA style
Vladimirov, I., Vicentiy, A., & Gavrilov, O. (2023). Modern cloud technologies for business and industry: opportunities and trends for Russian & Global markets. Journal of Information Economics, 1(4), 18. https://doi.org/10.58567/jie01040001

Article Metrics

Article Access Statistics

References

  1. Cambridge S., Ekambaram L., Gawtry D. 2022. «IBM» Cloud Pak for Data Version 4.5: A practical, hands-on guide. USA: «IBM» Redbooks Publ., 674 p., ISBN 0738460907.
  2. Kotarba M. 2018. Digital Transformation of Business Models. Foundations of Management, 10: 123-142. https://doi.org/10.2478/fman-2018-0011.
  3. Container as a Service (CaaS) Market. 2022. Future Market Insights Inc., 306 p., Digital report. URL: https://www.futuremarketinsights.com (accessed: 15.11.2023).
  4. State of the Cloud Report. 2022. Flexera Ltd., 95 p., Digital report. URL: https://info.flexera.com (accessed: 15.11.2023).
  5. Containers as a Service Market by Service Type, Deployment Model, Organization Size, Vertical and Region - Global Forecast to 2027. 2022. Markets and Markets Research Private Ltd., 213 p., Digital report. URL: https://www.marketsandmarkets.com (accessed: 15.11.2023).
  6. Volume of the PaaS market in Russia from 2013 to 2022. 2022. Statista Ltd. URL: https://www.statista.com (accessed: 15.11.2023).
  7. Infrastructure as Code Market By Component, By Type, By Deployment Type, By Vertical, and By Region Forecast to 2030. 2022. Emergen Research Ltd., 250 p., Digital report. URL: https://www.emergenresearch.com (accessed: 15.11.2023).
  8. Cloud infrastructure in Russia 2022: Selectel analyzed market trends over the past year. 2022. CNEWS. Analytical article. URL: https://www.cnews.ru (accessed: 15.11.2023).
  9. Hybrid Cloud Report. Optimized for agility: embracing a hybrid future. 2021. NTT Ltd., 42 p., Digital report. URL: https://services.global.ntt (accessed: 15.11.2023).
  10. Lebedev P. 2022. Cloud services 2022. CNEWS. Analytical article. URL: https://www.cnews.ru (accessed: 15.11.2023).
  11. Unified communications in Russia. 2022. TADVISER. Analytical article. URL: https://www.tadviser.ru (accessed: 15.11.2023).
  12. Cloud Services Market - Global Industry Analysis, Size, Share, Growth, Trends, Regional Outlook, and Forecast 2022-2030. 2022. Precedence Research Ltd., 150 p., Digital report. URL: https://www.precedenceresearch.com (accessed: 15.11.2023).
  13. Global Platform as a Service (PaaS) Market. 2023. The Business Research Comp., 175 p., Digital report. URL: https://www.thebusinessresearchcompany.com (accessed: 15.11.2023).
  14. Volkswagen Group. Fully integrated: Volkswagen builds Industrial Cloud for all plants. 2021. Volkswagen AG. Analytical article. URL: https://www.volkswagen-newsroom.com (accessed: 15.11.2023).
  15. Cloud services market study. 2022. Ofcom Corp., 53 p., Digital report. URL: https://www.ofcom.org.uk (accessed: 15.11.2023).
  17. Software as a Service – Worldwide. 2023. Statista Inc., 123 p., Digital report. URL: https://www.statista.com/outlook/technology-outlook (accessed: 15.11.2023).
  18. Software as a Service Market. 2022. Mark Wide Research Ltd., 164 p., Digital report. URL: https://markwideresearch.com (accessed: 15.11.2023).
  19. Annual Survey 2021: The year Kubernetes crossed the chasm. 2021. Cloud Native Computing Foundation, 12 p., Digital report. URL: https://www.cncf.io (accessed: 15.11.2023).
  20. Robotic Process Automation, Technology Provider Landscape: Assessment 2022. 2022. Everest Global Inc., 7 p., Digital report. URL: https://www2.everestgrp.com (accessed: 15.11.2023).
  21. Infrastructure as a Service (IaaS) Market Size, Report 2022-2030. 2022. Precedence Research Ltd., 150 p., Digital report. URL: https://www.precedenceresearch.com (accessed: 15.11.2023).
  22. Richter F. 2022. Amazon, Microsoft & Google Dominate Cloud. Statista Ltd. Analytical article. URL: https://www.statista.com (accessed: 15.11.2023).
  23. Schmidt J. H., Tridico C., Arkwright A. 2022. Breaking the Cloud Barrier. Accenture Ltd., 15 p., Digital report. URL: https://www.accenture.com (accessed: 15.11.2023).
  24. Shpunt Ya. 2022. Get rid of routine tasks: rating of Russian RPA platforms 2022. COMNEWS. Analytical article. URL: https://www.comnews.ru (accessed: 15.11.2023).
  25. Tsipursky G. 2021. Remote Work Can Be Better for Innovation than In-Person Meetings. Scientific American Publ. Analytical article. URL: https://www.scientificamerican.com (accessed: 15.11.2023).
  26. Andronov S., Sizov A. 2022. HighLoad++ 2022: how to replace Red Hat OpenShift. ООО «Инфосистемы Джет». Analytical article. URL: https://www.jetinfo.ru (accessed: 15.11.2023).
  27. Mirin. P. 2021. Russian market of infrastructure cloud services 2021: covid acceleration. АО «ИКС-холдинг». 161 р., Digital report. URL: http://iksconsulting.ru (accessed: 15.11.2023).
  28. Moore S. 2022. Gartner says more than half of enterprise IT spending in key market segments will shift to the cloud by 2025. Gartner Inc., Analytical article. URL: https://www.gartner.com (accessed: 15.11.2023).
  29. Wright T. 2022. UC Market Guide 2022: Essential Insights for Tech Professionals. UC Today Ltd., 102 p., Digital report. URL: https://www.uctoday.com (accessed: 15.11.2023).
  30. Meghan R. D. 2022. Gartner forecasts worldwide public cloud end-user spending to reach nearly $600 bln. in 2023. Gartner Inc., Analytical article. URL: https://www.gartner.com (accessed: 15.11.2023).
  31. Ershova E., Tolmacheva T. 2022. Russian market of cloud infrastructure services in 2022. АО «ИКС-холдинг», 164 p., Digital report. URL: http://iksconsulting.ru (accessed: 15.11.2023).
  32. Cloud AI Market - Growth, Trends, COVID-19 Impact and Forecasts (2021-2026). 2021. Mordor Intelligence Ltd., 136 p., Digital report. URL: https://www.mordorintelligence.com (accessed: 15.11.2023).
  33. Bechtel M., Briggs B. Tech Trends 2023. 2022. Deloitte Touche Tohmatsu Ltd., 84 p., Digital report. URL: https://www.deloitte.com (accessed: 15.11.2023).
  34. Brian Y., Tridico C., Rodríguez J. 2020. Take off with the cloud. Accenture Ltd., 8 p., Digital report. URL: https://www.accenture.com (accessed: 15.11.2023).
  35. Pu Q., Peng B., Zhang A. 2021. SAAS Industry Outlook. Time to Ride the Wave. Deloitte Touche Tohmatsu Ltd., 30 p., Digital report. URL: https://www2.deloitte.com/cn (accessed: 15.11.2023).