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In 2024, cloud computing is set to experience remarkable transformations as organizations and service providers prepare for an era of innovation, challenges, and opportunities. Hybrid and multicloud environments are becoming the new normal, allowing businesses to select the optimal cloud resources for specific workloads. The increasing shift towards multicloud environments brings novel challenges for IT departments, and solutions are emerging to simplify the intricate nature of these setups. Serverless computing is also on the rise, as businesses leverage it for building and deploying agile, cloud-native applications.