Most of the enterprises are adopting the Multi-Cloud strategy in order to get a resilient virtual cloud infrastructure performance, and this investment turned out to be a smart and profitable one for them. It provides a simplified product deployment environment and minimizes chances of vendor lock-in type situations.
As per the survey of International Data Corp, the public cloud infrastructure services spending will double up from $229 billion to $500billion by the year 2023. In 2019 most of the enterprises were using a single cloud platform to build new applications, but after some point, they found their deployment platform suffering from network bottlenecks due to heavy web traffic and visitor demands.
That’s why the leading cloud service providers decided to move towards the Multi-Cloud strategy.
Nowadays, enterprises are embracing the Multi-Cloud strategy and building applications that can support Multi-Cloud. They can easily move on to another cloud if one is suffering from an outage.
7 Best Reasons for Enterprises to Adopt Multi-Cloud Strategy:
The term “Multi-Cloud” refers to using more than one cloud of different cloud service providers by mixing up platforms, infrastructures, and services like SaaS, PaaS, or IaaS. It is flexible, reliable, secure, and cost-effective. This strategy benefits the most in terms of the total cost of ownership, agility, flexibility, scalability, and reliability.
Freedom of Choice:
The multi-Cloud strategy provides the opportunity to take advantage of various cloud service providers. For example, AWS cloud services offer a wide range of services like development and management tools, analytics, security, etc. Google cloud platform provides open-source cloud services. Plus, you can shift to another cloud service if you believe that one particular cloud service is better for a particular cluster of projects.
Agility & Flexibility:
As per the survey by RightScale, most of the enterprises use five different cloud platforms. The Multi-Cloud strategy provides the flexibility to smoothly move data from one place to another as per the requirements. It also provides the facility to scale the storage system as per the business needs. Multi-Cloud also provides an automated real-time syncing of stored data.
Avoidance of Vendor Lock-In:
There are multiple cloud service providers in the market today, who offer better services than the others. To integrate the application in a single cloud, cloud experts have to factor that application as per the infrastructural requirement of that particular cloud. Even after fulfilling such cloud infrastructure requirements, there are chances to be stuck in a vendor lock-in situation. In order to migrate your application to another cloud, developers need to refactor the application and that is time-consuming and costly. Hence, Multi-Cloud can allow you to get the best out of each cloud platform in a sufficient way. Even though Multi-Cloud contains a complex API structure, it consumes less time to move applications from one cloud to another one compared to the single cloud.
Enterprise application might face downtime if it is implemented with a single cloud. So, to reduce the risk of server downtime and a more reliable user experience, developers should use the combined use of the Multi-Cloud approach and cloud services from different vendors.
Improved Network Performance:
The multi-Cloud structure contains the interconnection of networks that provides high-speed and low-latency application development infrastructure. This benefit results in the improvement of the application’s response time and provides a reliable network performance.
Improved Risk Management:
Risk management plays an important role when it comes to cloud services for businesses owing to the concern of safety measures. In a single cloud application, there are fewer chances to mitigate data loss problems until or unless you’ve taken a backup in your local system. Whereas the Multi-Cloud strategy allows you to switch to another cloud service easily when a data loss situation occurs.
Just because you have picked one vendor’s package services that don’t mean that you need to stick with the price model that they are offering. There are multiple cloud service providers available today and with Multi-Cloud you can have the best mix of functionalities from multiple cloud service vendors according to your budget plan.
With all these benefits from Multi-Cloud, we can say that it is indeed the “future” of the IT industry. However, the adoption of Multi-Cloud is going to grow with time because it provides the best-in-class application building services with good infrastructural flexibility, reliability, and security. It is advisable to start thinking about moving towards a Multi-Cloud strategy. To achieve all advantages of cloud computing services Cloudstakes Technology Pvt Ltd offers a complete package of Multi-Cloud solutions with AWS cloud services, Azure Solutions, and Google Cloud Platforms.