Enterprises that do not want to rely on a single cloud provider can choose to use multi-provider services to get the best advantages from each specific service.

 There has been a lot of excitement going on around companies that use public, private, and hybrid cloud services to adopt multi-cloud strategies. By leveraging the advantages of its robust performance and virtual infrastructure, companies, particularly the mid-market and enterprise-level businesses, can use multi-cloud strategies as a smart investment.

Multi-Cloud

Multi-cloud is a technique where two or more cloud computing systems are leveraged by an enterprise to perform multiple functions. Enterprises that do not want to rely on a single cloud provider can choose to use multi-provider services to get the best advantages from each specific service.

Hybrid Cloud vs. Multi-Cloud

Hybrid clouds often contain a private cloud and are normally operated as one party.

More than one public cloud service is often used in multi-clouds, sometimes performing multiple roles. Multi-clouds do not have to choose a part of the private cloud, although they can be both multi-cloud and hybrid clouds in this case.

Why do businesses opt for Multi-Cloud?

Scalability and Versatility

Enterprises can now scale their storage up or down depending on their needs with a professional multi-cloud implementation. A multi-cloud setting is an optimal location for data storage with adequate automation and real-time synchronization. Based on the needs of individual data categories, organizations may rely directly on several cloud providers.

Lowering Expenditures

Reducing expenses is a fairly easy economic principle as the services are distributed over a few cloud service providers, and by utilizing services, companies may gain a competitive advantage. Service providers also work to minimize their rates to make their services user-friendly to make their services accessible to many companies.

Vendor Lock-In Prevention

Companies can assess the advantages, requirements, and disadvantages of various service providers with a multi-cloud strategy and select the option to move to some other provider after consultation and proper evaluation. Assessing terms and conditions will avoid vendor lock-in situations before dealing with a vendor.

Strong Security

Since cloud providers are essential for protecting their own services and infrastructure, they should guarantee that your company also has all the required means to protect your data. Start by understanding fully how all organizations are compliant with the cloud services at your fingertips in your cloud framework. When the infrastructure and applications change over time, the protection of your network needs to be evaluated continuously.

Veritis mentioned that “The ever-increasing adoption of multi-cloud by organizations can be attributed to many drivers such as flexibility and options to tailor each cloud according to their specific business requirements. Today, over three-fourth of enterprises use eight different clouds on average. Gartner estimates the multi-cloud market to be worth US$240 billion by next year. Companies need to involve their IT and business units and work with the right partner in setting up an ideal multi-cloud solution. That can shift their focus from managing technology infrastructure to investing in business transformation, thereby building the maximum competitive advantage.”