Multi-Cloud Data Development Platforms for Developers
Cloud reigns supreme in today’s tech-centered world, and everyone is constantly looking for the next best cloud-related innovation. TechTarget highlights how industry leaders Amazon, Google, and Microsoft have pioneered the IaaS, SaaS, and cloud service industries respectively since the 2000s. Although the leader lineup is here to stay, we have also seen promising potential from other platform service providers.
Entering a new year, we also foresee how they continue to evolve to promote new ways for creation and innovation. In this article, we look at multi-cloud data development platforms in particular, and how they are all the rage for developers.
Current State of the Multi-Cloud Data Development Platform Market
According to an analysis report from Future Market Insights, the multi-cloud data development platform market is expected to surpass $47 million this year, up from $11 million in 2022. Its rapid compound annual growth rate (CAGR) of 15.4% confirms its growing adoption on a global scale, so things are definitely looking up for the industry. This is particularly true for the United States and Germany, with both countries sharing the top two spots for markets with the largest share.
The Driver for the Adoption of Multi-Cloud Data Development Platforms
One of the main drivers for the widespread interest and adoption is the ability to gain real-time access to several platforms and integrated services that can solve developer pain points. For instance, there have been growing concerns regarding single-cloud dependability and lock-in situations for some platforms. On the flip side, multi-cloud and hybrid options allow for more flexibility and service options and allows developers to use a single platform to make changes in multiple clouds and on-premise servers.
Unlocking Potential in the Industry
As mentioned, we’ve seen promising developments in the last few years for both platform providers and developer opportunities. MongoDB’s cloud services and their multi-cloud development platform Atlas are widely used to create many modern applications. The bidirectional sync between Atlas and their mobile database Realm allows users to extend their cloud backend to their devices. Besides small-medium-sized companies, big names such as Toyota, Forbes, and Sanoma are also known users of MongoDB Atlas.
More Accessible Cloud Learning Resources
We also see a trend toward making cloud computing learning resources more accessible to people online. For instance, lots of developers have learned to use programming languages such as Python in the course of the pandemic, and others have made their own efforts to upskill and heighten their development prowess. Industry giants Amazon, Google, and Microsoft also have plenty of educational content available on their websites, which can be a big help for those who are trying to get into multi-cloud development.
Increased Investments in the Multi-Cloud Data Development Platform Market
Another factor could be the increased investments in the market. A company survey sponsored by Microsoft revealed that 86% of all respondents planned to increase investment in hybrid or multi-cloud environments, with 95% of them saying that these technologies have been critical to their success. Multi-cloud users have also reported higher revenue growth compared to non-hybrid and non-multi-cloud users. Moreover, those who adopt the technology are of course deemed as more competitive than others.
Job Outlook for Multi-Cloud Platform Developers
Lastly, we’d like to highlight the importance of multi-cloud developers in 2023. A DataMotion job market trends article notes that many companies are looking for onboard people with that expertise, even if they are still in the process of transitioning to this technology. While choosing to specialize in more than one type of service offered in the cloud requires more time and effort, it allows developers to be more versatile and to fit into more roles in whichever company they prefer.
All in all, the growth of multi-cloud computing and platforms marks the next revolution in the information technology sphere. While there are roadblocks such as the lack of synchronization between ongoing changes made by cloud providers and a shortage of qualified workers, we expect 2023 to be a fruitful year in terms of bridging these gaps. Thanks to developments brought about by post-pandemic trends, there is an overall greater demand for innovations and more players in the industry.