Companies were racing to move their applications and data to the Cloud until recently. The companies expected to benefit from the reduced costs of Cloud, with its increased flexibility and greater collaboration, as some of the visible benefits of availing Cloud computing.
However, a new thought process is now evolving in companies. Companies are thinking of a part of their core data and application to return to their on premises data centers. This new trend is now called Cloud Data Repatriation. This trend appears to be gaining in popularity. The IDC reported that 80 percent of companies repatriated their workloads last year. It is expected that on an average the companies are expected to return 50 per cent of their public Cloud applications to be hosted in private or on premises locations, in the coming two years time.
It appears that the main reason behind this new thought is realization by the companies that the Cloud is not as profitable for them, as it promises to be. They found that moving all their data to Cloud is not that cost effective, secure or scalable as expected or anticipated by them.
Though Public Cloud offers a higher level of flexibility, it is also surprisingly expensive beyond expectations. The data storage in Cloud costs more than it should. The companies also find downloading data sets from Cloud both slow and expensive, when they are needed on priority. The Cloud also proves to be slow and expensive in transmission of edge data. This may be unstructured data produced by Internet of Things devices. This unstructured data is growing at a very unbelievable speed.
The IDC predicts that the total of the world’s data will increase from 33 zettabytes in 2018 to 175 zettabytes by 2025 and 80 percent of this data will be unstructured data.
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