HomeTechnologyCloud ComputingWhy is it Important for Organizations to Have a Hybrid, Multi-Cloud Strategy?

Why is it Important for Organizations to Have a Hybrid, Multi-Cloud Strategy?

IDC affirms this in their 2021 report, stating that by 2022, over 90% of enterprises will be relying on a hybrid cloud solutions model. According to the report, 82% of organizations have adopted a hybrid cloud, showing just how widespread the trend has become. Markets research quoted that, “the hybrid cloud market is expected to grow from USD 44.6 billion in 2018 to USD 97.6 billion by 2023, at a Compound Annual Growth Rate (CAGR) of 17.0% during the forecast period.”

What is Hybrid Multi-Cloud?

A hybrid multi-cloud strategy is a combination of public cloud, private cloud, and on premise. The global hybrid cloud market is growing at a rapid pace. In 2020, the hybrid cloud market had an estimated value of $52 billion. This is expected to grow at a CAGR of 18.73% and reach $145 billion by 2026. The hybrid cloud helps businesses to keep deploying their applications and services across multiple clouds. The hybrid approach allows an organization to receive the benefits of each type of cloud environment without having to rely solely on one type of infrastructure or another. It provides the flexibility needed by organizations today to meet their business needs while also managing costs and risks associated with using single provider platforms.

Hybrids can also act as gateways for companies looking at moving into specific public clouds or adopting private ones for testing purposes before committing fully to those services. This makes sense because it’s often difficult for businesses that run complex processes involving many different IT systems (e.g., ERP) all working together seamlessly under one roof, which can lead some companies to outsource their operations entirely through various vendors like IBM or Salesforce who offer dedicated solutions. For more information on this, please refer to IT Support Virginia.

Importance of Hybrid Multi-Cloud Strategy

Flexibility

As the hybrid multi-cloud strategy enables the flexibility to use the right cloud for the right workload, it allows you to move your workloads between clouds (or other environments) when needed. This is especially useful in a world where IT must be prepared for anything and everything.

As an enterprise, it’s important that you have a plan in place should there be an outage or some other type of unplanned event at one of your cloud providers. With this flexibility, you can quickly react and shift workloads over to another provider if necessary — without having any downtime or service disruption as a result.

Enhanced security

A hybrid multi-cloud strategy combines the benefits of on-premise and public cloud security. On-premises, you have complete control over your data and resources. With a fully managed hybrid cloud environment, you can also take advantage of the flexibility of public clouds while still maintaining full control over your sensitive data. In addition to having better control than with public clouds alone or on-premises alone, a hybrid multi-cloud environment combines the two for greater security overall.

Hybrid cloud security is more secure than traditional on-premise security because it takes advantage of both physical and virtualized instances within one infrastructure. This creates stronger data protection against breach attempts. Because these systems are networked together, they have the ability to share information in real-time so that if something happens at one site (like an attack or an outage), they’ll know immediately and can respond appropriately quickly via automated response rulesets or manual intervention as needed

Scalable

Scalability in IT refers to the ability of an application or platform to grow and shrink based on demand. This can be achieved through a combination of cloud technologies and hybrid multi-cloud strategies that allow you to scale up, down and in depending on your needs at any given time.

While growing your business is important, it’s also important not to outgrow your infrastructure. When you’re running too big for your current setup—whether that means increasing the number of users or adding more data—you need a way for your systems to respond appropriately without having to invest heavily in new hardware or software licenses each time something changes.

Cloud bursting

Cloud bursting is another important aspect of hybrid multi-cloud strategy. Cloud bursting is when you use cloud resources to supplement your on-premises resources. You can use cloud bursting to get more capacity, or you can use it to get more performance. Cloud bursting is useful when you need to scale up or scale down your resources.

For example, if a particular application has high traffic during specific hours in the day and low traffic during other hours, it may make sense for this application’s infrastructure to be hosted in the public cloud so that it can scale up when there is an increase in traffic and then scale back down when there is less traffic.

Improved ROI

Cloud computing can help improve ROI in several ways. By using a hybrid cloud strategy, you can reduce costs and increase efficiency. Additionally, you’ll have improved security and disaster recovery capabilities. This can lead to better performance of your business operations and better performance of your IT systems overall, which will result in improved ROI for your company.

Market opportunities

Today, cloud providers are offering new services, new features and new pricing models. They’re also enhancing their security capabilities and expanding their support offerings. Cloud-native applications are being developed for deployment on multiple clouds. And cloud providers are looking to customers to help them understand how these new technologies fit into their existing IT infrastructure — and what business value can be derived from them.

Successful businesses are already operating with a hybrid multi-cloud strategy that includes both private and public clouds, but they may not be taking full advantage of the opportunities available in this environment yet.

Cost-performance optimization

You can use multi-cloud to optimize costs. By using the right cloud for the right workload, you can avoid paying for unused resources and ensure that only your most critical applications are running on expensive infrastructure. This way, you’ll gain cost-performance optimization while still meeting your business objectives.

Post courtesy: Strategic Solutions, IT Support Provider in Virginia.

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