BI Trends for 2021 – 9 of 9

The Future is Still in the Cloud – Number 9 Trend of 2021

As we are in the last quarter of 2021 and and move into 2022, companies will need to fully leverage cloud computing to efficiently aggregate data. 

According to Gartner, by 2022, public cloud services will be essential for 90% of data and analytics innovation. While many applications have embraced the cloud, the current digital transformation has escalated the need for more organizations to move more of their information and systems to the cloud. Gartner estimates:

“By 2024, more than 45% of IT spending on system infrastructure, infrastructure software, application software and business process outsourcing will shift from traditional solutions to cloud.”

Gartner cites three major categories of technology trends in 2021; two of them are people centricity and location independence..

In a nutshell, people will need greater access to digitalized processes to do their jobs in the future. While the physical
location of people, supplies and systems once mattered, technology now must accommodate “anywhere operations.”

As we move into 2022 and beyond, companies will need to leverage cloud computing to efficiently aggregate data from
systems and silos from a remote workforce and decentralized operations, while also giving users access to a single source of truth for reporting and decision-making.

At MCLOUD3, we can work with your company to help you understand your data and increase sales using Phocas Software.  To learn more about MCLOUD3 and Phocas Software us at info@mcloud3.com or visit our website by clicking here.

Written by Phocas Software