2 Factors Driving the Rise of the Multi-Cloud
A recent survey of more than 1,200 global business and IT decision makers revealed that 56% of global organizations now operate with a Cloud-first mentality when it comes to deploying new applications and managing workloads. That’s a complete turnaround from only a few years ago, when on-premises software development was still in the driver’s seat.
The survey also found that more customers are embracing the Multi-Cloud as a key component of their business strategies. Additional research supports this finding:
- 77% of businesses plan to leverage a Multi-Cloud strategy (according to a recent survey of more than 650 IT decision-makers).
- 86% of enterprises predict that they will need a Multi-Cloud strategy within the next two years, according to a study by IDC.
It’s easy to understand why organizations are increasingly migrating to Cloud-based solutions. Cloud solutions can help organizations act and react quickly to changing environments, better manage IT resources, and better serve clients. But what’s behind the growth of the Multi-Cloud trend? Why are Cloud-aware and connected organizations embracing the Multi-Cloud model?
There are two factors driving this trend:
Flexible Customization –
While Amazon Web Services (AWS) is still the 800-pound-gorilla in the market, its competitors are rolling out changes and specializing in services designed to make the market more competitive and differentiated. This means that there are services and features available on one Cloud that might not be as strong, or even available, on others. For example, ClearDATA offers a HIPAA compliant platform for Healthcare providers, Azure caters to Microsoft heavy organizations, and Google Cloud Services provides artificial intelligence capabilities and data analytics products, like BigQuery, that the competition can’t yet match.
Let the Cloud Wars begin…
A Multi-Cloud model frees companies from a one-size-fits-all approach to Cloud services. Rather, companies can evaluate various Cloud provider services against their specific needs and customize their strategy accordingly, using services from different providers suited to particular needs.
Risk Mitigation –
A Multi-Cloud strategy is also a good way for companies to mitigate risk. Deploying critical systems across multiple Cloud services provides additional fault tolerance, so companies are covered in the event of a service interruption. This insurance strategy can be costly, so it should be based on the business value and criticality of the service being provided. In other words, a company shouldn’t use a Multi-Cloud strategy to deploy its non-mission-critical services or solutions.
Embracing a Multi-Cloud strategy gives companies greater flexibility and reliability. Is your organization embracing Multi-Cloud? We’d love to hear what’s working for you, and help you think through what Multi-Cloud challenges you might be encountering. You can also read more about Dev IQ’s Cloud strategy, development, and migration capabilities:
Let’s build something beautiful together.
Guest blogger for Dev IQ, busy mama, & strategy wiz.