In recent times, multi-cloud has become the first preference for many enterprises with IT needs.
Enterprises across the globe are choosing multi-cloud for their IT needs. According to a 2021 report by Faction Inc, 92% of businesses globally have multi-cloud strategies in place or are working on them. By 2027, more than 70% of enterprises will use industry cloud platforms to accelerate their business initiatives, predicts Gartner.
The number of organizations adopting a multi-cloud strategy to meet their business goals is on the rise. But before we move to understand why the multi-cloud infrastructure is the future of enterprise, let’s try to get an overview of what multi-cloud infrastructure really is.
What is Multi-Cloud Infrastructure?
The concept of multi-cloud refers to the use of multiple cloud providers in conjunction with different workloads. It allows businesses to leverage multiple clouds simultaneously. This infrastructure when employed in your business blends different solutions from different providers together creating a customized environment for your organization.
When there are multiple clouds for performing different functions like CRM, storage, big data processing etc., your customers get the maximum benefits. While the public cloud offers cost savings, the private cloud offers performance, security, and control.
The Advantages of Implementing a Multi-Cloud Strategy
The reasons which drive businesses to adopt multi-cloud strategy are numerous. Some of these include affordability, security, competition, regulation & standardization, and agility.
In this article, we’ll look at five main reasons for the increased popularity of multi-cloud infrastructure.
1. Multi-Cloud Allows Enterprises to Choose the Most Cost-Effective Solution
Multi-cloud environments significantly reduce the cost of businesses as setting up and consumption of cloud through multi-cloud environments is more affordable than on-premises and single-cloud environments. This is because businesses can select the features, functionality and pricing per their needs and requirement when opting for multi-cloud infrastructure.
This is not possible with on-prem environments that need hardware upgrades for scaling up resulting in either higher initial costs or upgrade costs.
2. Helps Enterprises Avoid Vendor Lock-in
Vendor lock-in is a situation that arises when an enterprise is limited to just one vendor for all its cloud requirements. This makes it almost impossible for the enterprise to integrate third-party services or migrate to another vendor in turn making the company totally dependent on that vendor.
On the other hand, a multi-cloud environment lets businesses diversify their cloud vendors as well as services without any technical challenges.
Hence, going for multi-cloud seems like a better option for businesses that don’t want to restrict their options when it comes to selecting the services and integrating them. They can go for a cost-effective, better service whenever they want with multi-cloud.
3. It Introduces IT Scalability and Business Agility
One of the most important features of the cloud that makes the decision to adopt it easier for businesses is its ability to provide businesses with agility and scalability. And with multi-cloud, this increases multifold.
Companies request a certain number of resources. The vendor delivers them and charges accordingly. This pay-per-use model is flexible, delivers on time, and allows enterprises to increase or decrease the request for resources as per requirements. In other words, the operations improve significantly as there’s no redundancy or wastage and lower costs. Plus, scaling up becomes more efficient because of the flexibility this model comes with making it the choice for most businesses.
4.Improves Performance
Cloud computing has revolutionized the way businesses operate. By Offloading work to the cloud, you can improve performance by eliminating the need for local servers. This means that your applications will run faster and be more reliable because there is no need to worry about maintenance or hardware issues.
Moreover, using multiple AZs and regions allows you to get additional levels of redundancy with your application. This ensures that if one region goes down, your applications will continue to operate as normal in other regions. And finally, by implementing global CDNs, you can speed up content delivery across different geographies.
5.Enhances the Security of Data and Applications
Security vulnerabilities are always there in any IT environment making it crucial for businesses to add robust security measures. Multi-cloud is a cloud computing model where different clouds are used to run individual applications or services. This allows businesses to keep their data safe by storing it in various cloud platforms by using multiple cloud services. Data is still available from other sources if one service crashes or fails.
A hybrid multi-cloud model gives enterprises the best of both worlds: the security benefits of private clouds combined with the scalability and availability advantages offered by public cloud technologies. Multi cloud infrastructure benefits customers by eliminating risks of single-point dependency on one provider and provides flexibility. It helps reduce cost by helping you select a competitor based on services provided.
Trying to move into multi cloud infrastructure but have questions? Let our Rapyder Cloud Experts enable you make your cloud decisions and help you grow your business seamlessly.
