Study on Challenges, Opportunities and Predictions in Cloud Computing

Cloud computing is transforming the way IT is owned and utilized in the present day business scenario. Several predictions by the researchers and analytical enterprises have predicted unprecedented growth for this emerging paradigm. This work is an attempt to analyze the cloud future based on the various reports and predictions published recently. We have explored the various opportunities that will drive the cloud growth. We have also highlighted the effect of cloud in Indian and US market. Significance of the study is validated by conducting the Strength, weakness, opportunity, and Threat (SWOT) analysis. Based on the findings, we have identified the intensity of challenges faced by the various types of cloud deployment model. Correspondingly, we have recommended the critical challenges that need to be addressed first, in order to facilitate the cloud in gaining further momentum.