The concept of “Cloud-first” continues to gain momentum for companies as one of the most dominant strategies to stay relevant with the competitive advantage in the digital economy, in terms of speed, scalability, and agility.
What is the value of multi-cloud?
One of the most important values of multi-cloud platforms for companies is that they enable them to avoid putting all their eggs in one basket. For instance, if one cloud encounters certain problems and goes down, it will not affect your business if some functionalities are deployed on other cloud platforms for users.
Is multi-cloud the same as hybrid cloud infrastructure?
Though multi-cloud bears a certain degree of semblance to the hybrid cloud infrastructure, there are key distinctions between the two terms.
For instance, hybrid cloud computing refers to a combination of both private and public clouds intermingling data and processes, while keeping alignment with the business goals.
Multi-cloud, on the other hand, encompasses multiple data storage and computing power or services like SaaS, PaaS, and IaaS from numerous vendors to reduce costs and increase cloud capabilities.
The goal behind multi-cloud deployment is to suspend the dependence on a signal cloud service provider or vendor for cloud hosting and storage, as well as ensuring a reliable system backup.
What are the benefits of adopting a multi-cloud approach for enterprises?
Multi-cloud deployment affords strategic benefits, including it poses as a bargaining chip for you to negotiate better pricing with different cloud vendors.
One of the most notable benefits you gain out of adopting the multi-cloud approach in your business is to avoid dependence on a single cloud service provider.
It essentially gives you safety against a possible encounter of problems, like cloud data center outages or bandwidth issues. These types of problems are common occurrences experienced by companies relying on a single vendor and so they end up getting their business hampered with possible loss of customers.
Other Benefits Of Adoption Multi-Cloud Strategies In Business –
- Multi-Cloud infrastructure platforms ensure seamless performance across different cloud landscapes, including hybrid, and public cloud-native architectures
- It helps companies to switch to another vendor anytime if needed
- Multi-cloud solutions help you avoid adding complexity when it comes to running your applications
- If adopted strategically, multi-cloud will enable your business to achieve complete agility and workload mobility between diverse cloud platforms, storage, and hypervisor.
- If you adopt a multi-cloud strategy, it will be easier for you to reduce vendor lock-in when it comes to migrating away from one of the cloud service providers.
What Are The Possible Challenges In Adopting A Multi-Cloud Strategy?
Though multi-cloud adoption has numerous advantages, on the flip side, it could turn out as a herculean task for companies, in terms of handling operations across multiple cloud environments from different vendors.
It would require adequate monitoring and control and companies must consider issues, such as –
- Risk
- Data governance
- Date residency
- Pricing
- Usage-tracking
While there is no denying that possible downtime and bandwidth issues may occur, going for a multi-cloud strategy could well be cost-effective for your business if you choose to hire a reliable company for cloud consulting services.
For instance, it will help you with an easy multi-cloud adoption journey for your business for automated efficiency and operational excellence.
The multi-cloud strategy adopted by a majority of businesses
According to Statista, numerous companies are making beeline for a multi-cloud adoption approach, say nearly 90% of them had chosen the approach in 2021 and the same is projected to jump by 94% in 2023.
The above data research means that companies are seeing the viability of adopting a multi-cloud approach. The days are not too far when the adoption of the same would be quite pervasive in companies worldwide.
Concluding statements
Companies going for a multi-cloud adoption journey see its viability for their businesses, in terms of scalability and agility. With tailored solutions offered by different cloud service providers consistent with the business needs of companies, adopting a multi-cloud approach is tantamount to achieving targeted growth for enterprises.
Companies that want to achieve profitable growth through their multi-cloud adoption journey should consider hiring a trusted custom software development company offering cloud consulting services as well.
In that way, you will be able to work with a reliable partner in setting up multi-cloud solutions to bring business transformation and automated efficiency in delivering the maximum competitive advantage.
