Industry executives and experts share their predictions for 2024.  Read them in this 16th annual VMblog.com series exclusive.

Navigating Trends in the Fast-Paced World of Technology

By Jeremy Pease, Chief Executive Officer of Colohouse

In today's technology-driven world, staying ahead of the curve by anticipating industry trends is essential. As we approach 2024, Colohouse predicts a dynamic environment marked by transformative shifts and significant challenges. This article will explore the ever-changing world of technology and delve into our predictions for the upcoming year, which promises innovation and hurdles.

1. Bare Metal Revolution: Tailoring the Future of Infrastructure

The evolution of bare metal technology is changing the way we approach infrastructure. In the past, bare metal was limited to providing hardware only, but now it gives developers access to tools used by industry leaders. This new approach allows customized servers and specifications tailored to diverse technology needs.

This shift is significant because it prioritizes an application-centric approach over hardware acquisition. Developers can now build applications while deeply understanding specific hardware requirements. Integrating intelligent automation streamlines processes addresses concerns about data transfer costs, and offers a more cost-effective and efficient solution.

We can expect to see a surge in bare metal technology adoption, emphasizing tailored solutions and automated configurations to optimize the performance of diverse applications.

2. AI Tech Evolution: Power Surge and Connectivity Reshaped

AI technology is rising to new heights, bringing both challenges and opportunities. The surge in power consumption per rack necessitates a fundamental reassessment of data center infrastructure. The solution lies in AI-driven facilities capable of accommodating increased power demand and complex cooling requirements associated with higher consumption.

AI is not merely a power player; it's transforming connectivity. The traditional focus on peering hubs is giving way to a more expansive and distributed model. This evolution demands a comprehensive adjustment in operations and infrastructure planning, pushing the industry toward a future where adaptability is vital.

We should brace ourselves for accelerating AI-driven infrastructure adoption, focusing on energy-efficient solutions and widespread integration of distributed connectivity models.

3. Edge Computing Unveiled: Navigating the Decentralized Frontier

Transitioning to our next trend, edge computing is coming into its own, ushering in a new era of decentralized processing. As the demand for low-latency applications grows, edge computing takes center stage, enabling data processing closer to the source. This shift reduces latency, enhances real-time capabilities, and supports the burgeoning Internet of Things (IoT) ecosystem along with increased streaming demands around the globe.

We should embrace the rise of edge computing as a fundamental component of tech strategies, providing enhanced real-time capabilities and supporting the growing IoT/streaming landscapes.

4. Hybrid and Multi-Cloud Adoption: Organizations are increasingly recognizing the benefits of a hybrid and multi-cloud approach. In 2024, businesses are expected to leverage a combination of public cloud, private cloud, and on-premises infrastructure to optimize performance, ensure data security, and achieve cost efficiency. Cloud providers are likely to enhance their services to facilitate seamless integration across different cloud environments.

5. Elevated Connectivity: In 2024, connectivity will emerge as a crucial trend in the cloud infrastructure and VPS landscape. With the proliferation of devices and the increasing demand for seamless communication, cloud providers will focus on enhancing connectivity solutions. Expect advancements in networking technologies, such as 5G and edge networking, to support the growing need for high-speed, reliable, and low-latency connections. Cloud services will be optimized to deliver robust connectivity, enabling users to transmit data efficiently and ensuring a smooth user experience across diverse applications and platforms. As the world becomes more interconnected, cloud infrastructure will play a pivotal role in facilitating the exchange of information, driving innovation in areas such as IoT, smart cities, and collaborative technologies.

As we approach 2024, we expect to see significant changes in the industry. The upcoming year brings the potential for both technological advancements and challenges. To succeed in this dynamic landscape, it will be essential to remain adaptable, innovative, and aware of the evolving technical terrain in 2024 and beyond.

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ABOUT THE AUTHOR

Jeremy Pease, Chief Executive Officer of Colohouse, specializes in the data center and cloud hosting sectors with over 20 years of experience leading development and infrastructure teams. As the Senior Vice President of Managed Services at DataBank, he restored continuous growth to the top and bottom-line revenue of the Cloud, Security, Compliance, and Network business lines.

Prior to DataBank, Jeremy was the Chief Operating Officer of Aptum, responsible for global operational functions, leading product and technology innovation, and facilitating business planning functions to help secure an effective growth strategy.

Jeremy attended the University of Phoenix where he obtained an Associate of Arts in Business.