Search
00
GBAF Logo
trophy
Top StoriesInterviewsBusinessFinanceBankingTechnologyInvestingTradingVideosAwardsMagazinesHeadlinesTrends

Subscribe to our newsletter

Get the latest news and updates from our team.

Global Banking and Finance Review

Global Banking and Finance Review - Subscribe to our newsletter

Company

    GBAF Logo
    • About Us
    • Profile
    • Privacy & Cookie Policy
    • Terms of Use
    • Contact Us
    • Advertising
    • Submit Post
    • Latest News
    • Research Reports
    • Press Release
    • Awards▾
      • About the Awards
      • Awards TimeTable
      • Submit Nominations
      • Testimonials
      • Media Room
      • Award Winners
      • FAQ
    • Magazines▾
      • Global Banking & Finance Review Magazine Issue 79
      • Global Banking & Finance Review Magazine Issue 78
      • Global Banking & Finance Review Magazine Issue 77
      • Global Banking & Finance Review Magazine Issue 76
      • Global Banking & Finance Review Magazine Issue 75
      • Global Banking & Finance Review Magazine Issue 73
      • Global Banking & Finance Review Magazine Issue 71
      • Global Banking & Finance Review Magazine Issue 70
      • Global Banking & Finance Review Magazine Issue 69
      • Global Banking & Finance Review Magazine Issue 66
    Top StoriesInterviewsBusinessFinanceBankingTechnologyInvestingTradingVideosAwardsMagazinesHeadlinesTrends

    Global Banking & Finance Review® is a leading financial portal and online magazine offering News, Analysis, Opinion, Reviews, Interviews & Videos from the world of Banking, Finance, Business, Trading, Technology, Investing, Brokerage, Foreign Exchange, Tax & Legal, Islamic Finance, Asset & Wealth Management.
    Copyright © 2010-2026 GBAF Publications Ltd - All Rights Reserved. | Sitemap | Tags | Developed By eCorpIT

    Editorial & Advertiser disclosure

    Global Banking and Finance Review is an online platform offering news, analysis, and opinion on the latest trends, developments, and innovations in the banking and finance industry worldwide. The platform covers a diverse range of topics, including banking, insurance, investment, wealth management, fintech, and regulatory issues. The website publishes news, press releases, opinion and advertorials on various financial organizations, products and services which are commissioned from various Companies, Organizations, PR agencies, Bloggers etc. These commissioned articles are commercial in nature. This is not to be considered as financial advice and should be considered only for information purposes. It does not reflect the views or opinion of our website and is not to be considered an endorsement or a recommendation. We cannot guarantee the accuracy or applicability of any information provided with respect to your individual or personal circumstances. Please seek Professional advice from a qualified professional before making any financial decisions. We link to various third-party websites, affiliate sales networks, and to our advertising partners websites. When you view or click on certain links available on our articles, our partners may compensate us for displaying the content to you or make a purchase or fill a form. This will not incur any additional charges to you. To make things simpler for you to identity or distinguish advertised or sponsored articles or links, you may consider all articles or links hosted on our site as a commercial article placement. We will not be responsible for any loss you may suffer as a result of any omission or inaccuracy on the website.

    Home > Technology > Trends influencing the 2020 data storage landscape includeAI, mass adoption of hybrid cloud, object storage at the edge, and cybersecurity
    Technology

    Trends influencing the 2020 data storage landscape includeAI, mass adoption of hybrid cloud, object storage at the edge, and cybersecurity

    Published by Gbaf News

    Posted on January 21, 2020

    4 min read

    Last updated: January 21, 2026

    An illustration depicting the integration of cloud computing in financial services, highlighting the shift towards hybrid cloud solutions and digital transformation in the industry.
    Cloud computing transformation in financial services - Global Banking & Finance Review
    Why waste money on news and opinion when you can access them for free?

    Take advantage of our newsletter subscription and stay informed on the go!

    Subscribe

    Scality, leader in software solutions for global data orchestration and distributed file and object storage, predicts that data storage will become massively decentralised in 2020 and hybrid cloud will become the defacto standard for organisations as they seek ways to manage and use data efficiently and intelligently. Scality looks at the storage industry and the likely developments in AI, hybrid cloud, object storage, cyber security and sustainability that will shape it as it moves into a new decade.

    “Though the trends we’ve been seeing in 2018 and 2019 will continue, and even accelerate, the data storage industry in 2020 will look very different from what it was the last two years,” said Jérôme Lecat, Scality’s CEO and co-founder. “We will see continuing evolution and advancement of cloud, edge empowerment, data collection for AI and more, as digital transformation remains top of mind. As organisations tackle these changes, storage decentralisation across public and private cloud and edge will necessitate more robust management and data visibility solutions, becoming a significant focus in the year ahead.”

    Paul Speciale, Scality’s Chief Product Officer added, “IT priorities are shifting towards flexibility, security and sustainability. ‘All-cloud’ initiatives are giving way to hybrid and data management solutions for greater agility and control, avoiding dependence on a single vendor.”

    1. Hybrid cloud will become the default deployment architecture for medium and large enterprises. Microsoft Azure, Amazon Web Services and Google are all investing heavily, not only in solutions that connect on-premises infrastructure to their own public clouds, but also in cross-cloud interoperability and management. This blurring of lines between vendors and technologies will benefit enterprises who are looking not to be locked into a single vendor, but for the optimal solution to specific business problems.
    1. Object storage at the edge will be on flash. Object storage will move into the edge for applications that capture large data streams from a wide variety of mobile, IoT and other connected devices. This will include event streams and logs, sensor and device data, vehicle drive data, image and video media data and more, with high data rates and high concurrency from thousands or more simultaneous data streams. These applications will be developed for cloud-native deployment, and will therefore naturally embrace RESTful object style storage protocols, making object storage on flash media an optimal choice on the edge to support this emerging class of data-centric applications.    
    2. New ways of identifying patients, customers, and depositors will be developed, as the rapid pace of hacking and data leaks continues. There is huge value in stored data; and those organisations that hold large volumes of data, hospitals and medical providers for example, will remain strong targets due to the value of the data they hold.
    1. Data storage will become massively decentralised resulting in extreme cloud data silos. Enterprises will increasingly leverage a combination of on-premises and public clouds to help solve various business issues, at the same time as adopting edge computing to deploy IT resources near the edge devices they manage. Enterprises will require data management solutions that provide a global namespace across these distributed clouds and data centres in order to simplify data visibility and access.
    1. Kubernetes will become the default platform for infrastructure deployment in the data centre. As enterprises transform and adopt cloud-native applications, the need for a standard deployment and orchestration framework for containers will increase, just as it did during the virtual machine wave over the course of the last two decades.
    2. Organisations will move away from the unnecessary “rip and replace” culture in order to reduce waste for sustainable and economic reasons. In 2020, IT teams will look to software-defined storage with ultra-strong data resiliency schemes to take data servers to their true end-of-life, rather than replacing them every refresh cycle.
    More from Technology

    Explore more articles in the Technology category

    Image for Engineering Trust in the Age of Data: A Blueprint for Global Resilience
    Engineering Trust in the Age of Data: A Blueprint for Global Resilience
    Image for Over half of organisations predict their OT environments will be targeted by cyber attacks
    Over half of organisations predict their OT environments will be targeted by cyber attacks
    Image for Engineering Financial Innovation in Renewable Energy and Climate Technology
    Engineering Financial Innovation in Renewable Energy and Climate Technology
    Image for Industry 4.0 in 2025: Trends Shaping the New Industrial Reality
    Industry 4.0 in 2025: Trends Shaping the New Industrial Reality
    Image for Engineering Tomorrow’s Cities: On a Mission to Build Smarter, Safer, and Greener Mobility
    Engineering Tomorrow’s Cities: On a Mission to Build Smarter, Safer, and Greener Mobility
    Image for In Conversation with Faiz Khan: Architecting Enterprise Solutions at Scale
    In Conversation with Faiz Khan: Architecting Enterprise Solutions at Scale
    Image for Ballerine Launches Trusted Agentic Commerce Governance Platform
    Ballerine Launches Trusted Agentic Commerce Governance Platform
    Image for Maximising Corporate Visibility in a Digitally Driven Investment Landscape
    Maximising Corporate Visibility in a Digitally Driven Investment Landscape
    Image for The Digital Transformation of Small Business Lending: How Technology is Reshaping Credit Access
    The Digital Transformation of Small Business Lending: How Technology is Reshaping Credit Access
    Image for Navigating Data and AI Challenges in Payments: Expert Analysis by Himanshu Shah
    Navigating Data and AI Challenges in Payments: Expert Analysis by Himanshu Shah
    Image for Unified Namespace: A Practical 5-Step Approach to Scalable Data Architecture in Manufacturing
    Unified Namespace: A Practical 5-Step Approach to Scalable Data Architecture in Manufacturing
    Image for Designing AI Agents That Don’t Misbehave
    Designing AI Agents That Don’t Misbehave
    View All Technology Posts
    Previous Technology PostBiometrics Generation: Got a Chip on Your Shoulder?
    Next Technology PostGetting value from data: monetising compliance with predictive analytics