How Evolved Computing and Multi Cloud is Technology Future?

Are you aware of the fact that by 2018, nearly 74% of enterprises had accepted to use of the multi cloud computing strategy to enhance their business? If you are surprised to see this percentage, you would be even more astonished to hear the current number from the RightScale State of The Cloud Report or the Flexera 2020 State of the Cloud Report – 94%.

Where more and more industries are opting for cloud computing solutions, multi-cloud architecture is helping companies to distribute their workloads while mitigating risks associated with various single cloud environments. In fact, the main reasons for organizations to adopt multi cloud computing strategies is a try to:

• Increase flexibility
• Make use of best-in-breed solutions
• Increase agility
• Improve cost efficiencies
• Minimize vendor lock-in

We have shared some of the key findings 2020 cloud computing usage trends and the reasons for the multi-cloud to be the core element of the inevitable future.

Evolution of Cloud Computing Usage Trends

i. 87% of enterprises follow a hybrid cloud strategy (Source: Flexera)

ii. 93% of companies follow a multi-cloud strategy (Source: Flexera)

iii. Around 80% of companies will migrate towards colocation, hosting and cloud by 2025 (Source: Gartner)

iv. 70% of survey respondents find the advantages of multi-cloud to outweigh any of the associated levels of risks (Source: CIOSummits)

v. 70% of all tech spending will be based on cloud initiatives are expected to grow by 2020 (Source: Gartner)

vi. 3rd party cost optimization tools will also expand in the multi-cloud environments (Source: Gartner)

vii 2/3rd of the companies’ vendor dependency will get reduced due to multi-cloud by 2024 (Source: Gartner)

viii Gartner disclosed the survey that 81% of respondents (public cloud users) agreed to be working with more than 2 providers

ix. The forecast of the global cloud computing market is estimated to cross $330 billion in 2020 at a CAGR of 18% (Source: Cloud Kinetics)

x. 95% of total data centre traffic will get processed by 2021 (Source: Cisco)

xi. 22% of the enterprises will upload their workload on hybrid clouds by 2020 (Source: Forbes)

xii. Regarding Cloud Computing Security Trends, 99% of the abused vulnerabilities are already known to IT and security professionals (Source: Forbes)

Reasons for Multi-Cloud being the Inevitable part of the Future

Similar to QuickBooks hosting for accounting professionals, the multi-cloud domain has captured the majority of single-vendor reliance and helped them to avoid the pitfalls.

1. Resilient and Less Disaster Prone

If you research about the multi-cloud computing, it refers to the solution where it combines either two or more of the distinct clouds, that too, from at least 2 cloud providers. In this infrastructure, with the use of multi-cloud strategy, you can avail better protection against DDoS attacks.

2. Compliance

Data governance regulations often require companies to store customer data in specific locations. This can create a challenge when implementing a multi-cloud strategy. Companies can either prioritize the multi-cloud approach and potentially need to find alternative ways to comply with data governance, or they can choose to build and maintain their own on-premises data lakes.

3. Autonomy

Cloud adoption’s IT paradox is the vendor lock-in. It is a widely cited multi-cloud adoption driver who wishes to be locked into the infrastructure of a specific cloud provider alongside its pricing model and add-on services.
Now, this infrastructure is not only complicated but also an expensive endeavor for the clients to leave. Because of this practice, cloud vendors deny a primary cloud migration driver. What the vendor fails to see is the ability of the apps to run on the background without the worry of any underlying infrastructure.

As an organization, when you choose a multi cloud infrastructure, you are mixing and matching vendors and platforms. Moving to a multi-cloud environment frees your workload from vendor lock-in and opens you up to support from a wider range of cloud providers.

4. Low Latency

Accessing apps and data stored on the cloud network (which can be geographically distant) may not always be instantaneous. Chances of data traffic due to its travel across multiple nodes before it reaches that end-users (here, you) can cause minor delays. This is an inherent delay that occurs in the cloud services and is known as latency.

Contrary to this, when you adopt a multi-cloud computing infrastructure, it uses the data centre nearest to you. For you being the end-user, multi-cloud requests data servers to offer you the access control with minimum server hops.

The ability to access corporate data across geographically disparate locations is a particularly useful capability for global organizations.

5. Superior Security

Two of the primary concerns that prevent industry laggards to go for cloud adoption are:

i. Data security
ii. Giving up control over mission-critical apps

While vendors often overestimate the risks of not having on-premise security compared to the actual dangers, they still struggle to change their thinking about:

a. Control on public cloud infrastructure
b. Transparency
c. Adequate visibility

A private cloud environment guarantees to address all such issues by giving organizations granular control, empowering them with clear visibility and transparency over their IT resources. It’s established on-site.

However, multi-cloud infrastructure maintains a hybrid cloud environment that offers users enhanced security at an affordable price. The data are stored as per priority.

i. The private cloud stores only the most security-focused workloads.
ii. Cost-effective public cloud networks are ideal for storing regular apps and business data.

A Step Up to the Clouds

Most public cloud service providers are slowly shifting to a hybrid solution to stabilize their service offerings. However, a question literally remains suspended amongst these advancing cloud pointers – how to determine the areas where the stabilized services can run well?

What we are seeing is a trend that is shaping the logics of mixing and matching the multi-cloud services. Even if the road to working, managing a secure multi-cloud environment is full of challenges, you can rest assured with us. Our committed team of hosting advisors are always present to offer you the correct guidance and resolve any of your cloud hosting related queries.