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Cloud computing 2024 outlook

Author : Dan Krantz, Keysight Technologies

03 January 2024

Dan Krantz, CIO, Keysight Technologies
Dan Krantz, CIO, Keysight Technologies

Dan Krantz, CIO at Keysight Technologies, shares his cloud computing outlook for 2024.

Surge in AI reshaping the cloud computing market? 
My observation: AI workloads require GPU and memory-intensive capacity. In the past, we thought of cloud computing as having three primary competitors: AWS, Azure, GCP. Generation 2 of the Oracle Cloud Infrastructure (OCI) with its significant price and performance advantage in GenAI training has created a four-horse race in the cloud computing space now. 

Trends in the cloud computing industry in 2024
The majority of organisations are multi-cloud; seldom single cloud. Cloud vendors have started to realise this, and are now building better multi-cloud interoperability capabilities, for example, the recent Azure/OCI agreement that Larry Ellison struck with Satya Nadella of Microsoft. This leads to organisations needing cloud-agnostic tools for observability, visibility, and quality assurance automation. 

Emerging sectors of the cloud industry becoming significant in 2024 
As traditional cloud capabilities mature, I predict the emergence of cloud High Performance Computing (HPC) in the next 12-18 months. Current HPC workloads typically utilise on-premise supercomputing infrastructure, but the cloud providers will bring to the HPC market supercomputing capabilities wrapped in cloud-native characteristics of elasticity, programmable automation, and metered usage, democratising the most compute-intensive scientific and engineering workloads.



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