In the ever-changing world of technology, cloud computing is rapidly evolving. As we approach 2024, the next era of cloud computing is on the horizon, offering businesses new advancements and innovations. Google Cloud is a leading cloud services provider that is at the forefront of this transformation. In this blog post, we'll explore the trends shaping the future of cloud computing and how businesses can prepare for the upcoming era. Cloud computing has come a long way since its inception, evolving from a simple storage solution to a comprehensive platform that powers a multitude of applications. Google Cloud is leading the way with its cutting-edge solutions, allowing businesses to scale and operate more efficiently.

The decentralized cloud is quickly becoming the future of data storage and applications. Companies like Dfinity, OORT, Akash, and more are leading the charge in this new era of cloud computing. Decentralized cloud services are more secure and cost-effective than traditional centralized cloud services such as AWS and Google Cloud. These projects are paving the way for decentralized applications (dApps) to become the norm. According to an article from Forbes by Max (Chong) Li, verifiable computing is the key to unlocking the decentralized cloud's full potential. Verifiable computing is a technology that allows users to verify the accuracy of computations without having to trust the source of the computation. This technology is essential for the decentralized cloud to be successful, as it ensures that data is secure and accurate.

RackWare, a leading innovator in hybrid cloud management solutions, has announced the certification of RackWare's Cloud Migration and Disaster Recovery solution on the new Oracle Compute Cloud@Customer. This allows Oracle customers to move and protect applications and data between any cloud or data center and Compute Cloud@Customer, enabling enterprises to accelerate cloud journeys and take advantage of a hybrid/multi-cloud strategy. Oracle Compute Cloud@Customer is a fully managed, rack-scale distributed cloud platform that lets customers use Oracle Cloud Infrastructure (OCI) Compute anywhere while gaining the benefits of cloud automation and economics in their data center. It also allows customers to maintain complete control of their data to address data residency, security, and connectivity concerns.

The global cloud-based quantum computing market is projected to grow from USD 798 million in 2023 to USD 4.06 billion by 2028 at a CAGR of 38.5%. This growth is driven by the increasing adoption of cloud technology with rising digitalization and the use of quantum computing software and services across various verticals. The financial services sector is a key area where quantum computing is shaping the future of trade speed and accuracy. However, stability and error correction issues and limited skilled expertise for deploying and using cloud-based quantum computing solutions are expected to hinder the market growth.