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*This article was originally published by Emilie Ouwerx, a former member of the ThreeFold team.*
<br>
Today, technological advancements are accelerating at unprecedented rates and the demand for cloud resources has boomed, with the global cloud services market estimated to reach [$2.5tn by 2031](https://www.globenewswire.com/en/news-release/2023/04/03/2639822/0/en/Cloud-Services-Market-is-Expected-to-Reach-2-5-Trillion-by-2031-Allied-Market-Research.html). This is due to a range of factors, including accelerating technological adoption in emerging markets, the rapid digitization of business, the soaring volume of data generated by loT devices, the adoption of Al and machine learning technologies, and the increasing reliance on real-time data processing.
### **The Dilemma of Centralized Cloud Infrastructure**