As data migrates to the cloud, it is spawning a new generation of capabilities that may trigger major changes throughout the information realm as well as in the economy itself. These advanced capabilities will allow greater business development in ways that otherwise might have been limited to resource-rich firms.
New iterations of software are being written to connect different devices via the cloud. This will affect networking concurrent with the growth of the Internet of Things (IoT) and the introduction of 5G wireless connectivity. And, the cloud is topping its own status by providing layered services that mimic the cloud itself.