Multi-cloud Strategy Emerging as the New Cloud Reality: Survey

By Veritis

Multi-cloud Strategy Emerging as the New Cloud Reality

As the world mired in the pandemic conundrum, cloud tech has quickly become central to helping businesses weather the storm. Cloud platforms have enabled organizations to embrace the ‘new normal’ of remote working and sustain businesses under severe disruption.

The year 2020 has pushed cloud into the mainstream as 90% of enterprises have adopted the innovative tech in various forms. With cloud becoming an inevitable aspect, organizations are now turning the page to the next chapter of their cloud journey: Multi-Cloud Reality.

Improved workload performance, reduced service disruption, and vendor diversification are just some of the significant benefits that are enticing businesses to deploy multiple clouds.

The growing preference for new cloud reality can be fathomed from Flexera’s 2021 State of the Cloud Report, according to which 92% of organizations have adopted a multi-cloud approach.

The research firm surveyed around 750 global cloud decision-makers to understand the pervading cloud adoption strategies.

Enterprise Cloud Stategy

“COVID-19 has accelerated the migration to cloud computing,” said Jim Ryan, Flexera CEO. “Still, cloud isn’t magic or the land of milk and honey. Companies are moving fast, facing challenges, and trying to connect cloud computing to business outcomes.”

Another latest research report, “A Snapshot of the Cloud in 2021” by Ensono, revealed that multi-cloud is set to dominate the future of cloud services.

The survey captured insights into how organizations progressed in their journey to the cloud. It highlights current and future cloud strategies. The research firm surveyed 500 cloud decision-makers across the US and the UK.

“This report captures a clear picture of the industry and reveals how companies’ investments in cloud services have changed over the past year,” mentioned Bryan Doerr, EVP Product and Technology.

According to the survey, around 42% of the respondents are pursuing a multi-cloud strategy, with most companies engaging primary and secondary vendors for cloud needs.

In a bid to avoid vendor lock-in with one cloud platform, many companies are going all-in on a multi-cloud strategy. Enterprises are adopting specific cloud platforms based on specific needs.

Almost 72% of the respondents mentioned they have chosen a new cloud provider in the last year, and 26% have done so in the past six months. However, only 1% indicated that they opted to stick to the same cloud provider.

Public and Private Cloud

“With nearly half of respondents indicating they’ve chosen a new provider in the last year, it’s clear that shares of the cloud market are completely up for grabs between the major providers. What’s most important for organizations right now is investing in the right cloud strategy for their IT workloads,” quoted Doerr.

Some other key findings of the survey are:

  • Microsoft Azure bags the title of most-used public cloud platform among respondents (58%), followed by GCP (41%), IBM Cloud (40%), and AWS (38%)

Microsoft Azure

  • Almost 80% of private cloud users mentioned that ‘better information security’ was the top reason for choosing a private cloud environment.

Private Cloud Deployment

  • Over half of respondents (52%) indicated security and compliance as the top drivers of cloud decision-making. Almost 56% said security considerations have a ‘significant impact’ on the final decision-making.

Security and Compliance

  • Nearly 89% of respondents from healthcare and 81% from the public sector said they would continue to rely on the private cloud in the next five years.

“After major disruptions in the past year, the need for a modern technology stack is fueling cloud adoption in every industry,” said Doerr.

“To capitalize on the opportunities available in the market right now, cloud providers must meet the complex security and legacy workload needs of organizations. With the right partner, companies can harness the power of the cloud to achieve their transformation goals.”

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