Analyst(s): Paul Nashawaty
Publication Date: October 8, 2024
This insights report delves into the evolving challenges faced by organizations as they adopt cloud-native applications, AI workloads, and multi-cloud infrastructures. From rising cloud costs to the integration of legacy systems, the report explores how technologies such as WebAssembly (WASM) and FinOps are helping organizations optimize operations and manage complexity.
Key Points:
- Twilio‘s RCS expansion: Twilio’s Rich Communication Services (RCS) continues to drive better engagement and ROI for businesses with enhanced messaging containing interactive features such as rich content and branded identification.
- Cloud Native and Kubernetes: WebAssembly (WASM) is gaining momentum with 39% of businesses adopting it for cloud-native workloads. Multi-cloud usage is at an all-time high with 94% of organizations utilizing two or more cloud environments.
- IBM’s FinOps Strategy: IBM is enhancing FinOps capabilities by acquiring Kubecost and integrating tools such as Apptio and Turbonomic to optimize cloud investments and streamline IT operations.
Overview:
The Futurum Group’s latest insights report, The Rise of Cloud Native, WebAssembly, and FinOps in Application Development, highlights the strategic integration of automation, FinOps, and emerging technologies. The report covers cloud adoption trends, with a focus on industries such as BFSI and healthcare, projected to lead vertical growth with a 9.2% CAGR between 2024 and 2028.
Key takeaways from The Rise of Cloud Native, WebAssembly, and FinOps in Application Development include:
- Growing complexities in managing cloud costs and resources, driven by AI workloads and multi-cloud adoption.
- The integration challenges of heritage systems with modern cloud-native infrastructures.
- The rise of edge computing technologies such as Wasm, enabling flexibility across diverse hardware architectures.
As organizations continue to scale their cloud and AI operations, managing costs and operational efficiency becomes increasingly critical. This report offers valuable insights into addressing these challenges with the latest tools and strategies in FinOps, cloud automation, and infrastructure optimization.
If you are interested in learning more, be sure to download your copy of The Rise of Cloud Native, WebAssembly, and FinOps in Application Development today. The full report is available via subscription from the Futurum Intelligence Platform—click here for inquiry and access.
Disclosure: The Futurum Group is a research and advisory firm that engages or has engaged in research, analysis, and advisory services with many technology companies, including those mentioned in this article. The author does not hold any equity positions with any company mentioned in this article.
Analysis and opinions expressed herein are specific to the analyst individually and data and other information that might have been provided for validation, not those of The Futurum Group as a whole.
Other insights from The Futurum Group:
Market Insight Report: Application Development and Modernization Q2
Application Modernization and Development July Market Snapshot Report
Application Development and Modernization June 2024 Market Snapshot Report
Author Information
With over 25 years of experience, Paul has a proven track record in implementing effective go-to-market strategies, including the identification of new market channels, the growth and cultivation of partner ecosystems, and the successful execution of strategic plans resulting in positive business outcomes for his clients.
