Monday 30 October 2023

Multi-Cloud Strategy: Is Your Business Ready for a Diverse Cloud Ecosystem?

 

Cloud computing has come a long way, and people have made tremendous strides in scale and adoption. Enterprise cloud computing needs are growing exponentially and rapidly. The cloud ecosystem is one of today's most popular buzzwords as a multi-cloud strategy. Around 94% of large enterprises will adopt a multi-cloud strategy by 2023.

Many companies want to adopt a multi-cloud strategy to diversify their processes. This road requires a lot of planning. The journey to the cloud requires overcoming business-specific opportunities. Therefore, developing a clear strategy and preparation for an organization to achieve business goals is necessary. Learn more about the multi-cloud strategy with this article.

Why Use A Multi-Cloud Strategy For Business?

Organizations nowadays are trying to modernize their conventional workloads and operations while an increasing number are adopting cloud generation for scalability & performance. The environment does not maintain up initially with the developing workloads and functionalities.

Today, businesses are transferring to multi-cloud running environments to leverage the best-of-breed era configured in optimized ways, allowing the agencies to select a platform of preference for every workload or end-person preference. It offers establishments to leverage supplier lock-in, assist enterprise goals of continuity and catastrophe recovery & overall performance optimization. All of this is at the same time as agility throughout the organization. It gives a mixture of public, private, or hybrid cloud solutions- all into one and does now no longer use exclusive varieties of environments.

Multi-cloud strategy vs Hybrid cloud strategy: What is the difference?

Multi-cloud refers to combining and integrating multiple public clouds. A company can use one public cloud as a database, one as a PaaS, one for user authentication, etc. However, a hybrid cloud combines public cloud computing with private or on-premises infrastructure. Your on-premises infrastructure can be your internal data center or any other IT infrastructure running within your corporate network.

If a multi-cloud deployment also includes private clouds or on-premises data centers,  that cloud deployment can actually be considered a hybrid cloud. Hybrid cloud deployments are fairly common. Some organizations are partially migrating to the cloud but find it too expensive or too resource-intensive to switch completely. As a result, some processes, business logic, and data storage continue to occur in traditional on-premises infrastructure.

Does your business require a multi-cloud strategy?

Businesses may select several public cloud companies to satisfy their numerous needs. If these factors are priorities for your business, a multi-cloud strategy may be right for you.

●       Avoiding supplier lock-in is important

Avoiding the risk of vendor lock-in is a common reason businesses are adopting a multi-cloud strategy. It means that workloads can be offloaded based on which vendor has the best pricing model or performance-tuning capabilities for the specific required resources. Most importantly, from a strategic perspective, the balance of power shifts from providers to users.

●       Platform cost savings outweigh additional cloud-agnostic development costs 

Cloud-agnostic app development as part of a multi-cloud strategy requires more pre-allocation resources. It takes more time and requires expertise and experience. And because applications and workloads are rarely truly cloud-agnostic, they almost always require customization and tuning. 

However, this early allocation of additional resources can save companies much more expense and headaches down the road. The ability to switch workloads to the cloud provider that offers the best price/performance ratio for a given workload at any given time represents savings far greater than additional initial development costs, but the scope is limited.

●       Strategic benefits from performance optimization outweigh additional resource requirements 

In the early days of public cloud platforms, resources were essentially just infrastructure as a service (IaaS), and you had to use APIs to access elastic server resources. A workload was essentially data associated with a rough idea of ​​how it would be processed. 

Today's clouds are much more sophisticated and advanced. The definition of a workload has evolved into a set of components supporting an application. Each component may be better suited for one cloud platform than another. Your app will perform optimally by running different components on different cloud platforms. Your app will perform optimally by running different components on different cloud platforms.

●       Minimizing potential app downtime is  business critical 

A multi-cloud strategy eliminates the risk of significant app outages. If there is a problem processing a particular service, such as an e-commerce transaction, in the primary cloud, another cloud acts as a failover to its solution, taking over the processing of the service. The user doesn't notice anything. When the original cloud resumes its normal functions, operations can automatically revert to the original cloud.

Big mistakes are rare, but they do happen. There is always the risk that a major or minor outage will interrupt the service provided by the provider. If near-100% availability of your apps is critical,  you need a multi-cloud strategy

Multi-Cloud Strategy is not the perfect solution

Every business is transforming its business operations and switching to a multi-cloud strategy. However, a multi-cloud strategy is not the perfect solution for your business if:

●       It is hard to adjust to the effort and cost of developing compatibility and working with multiple clouds.

●       Your company lacks the DevOps capacity and knowledge to deploy a multi-cloud set-up.

●       Your business wants to use high-order services and tools of a specific public cloud provider, like Amazon or Azure.

Ready to Adopt a Multi-Cloud Strategy for Your Business?

Investigating these critical elements will direct your cloud adventure and help you determine if a multi-cloud strategy is an excellent choice for your business. You need an affordable, easy, and smooth solution for your employees to undertake and become proficient. When deciding to implement a multi-cloud approach, you could sense an assured understanding that the strength of numerous clouds is helping your programs and data. You’ll be capable of using that strength in a manner that’s cost-powerful and wonderful for your business.

If you are looking for an adept team of professionals to deploy a multi-cloud strategy for your business, Mindfire Solutions experts are here with the best-in-class strategies. Visit our website today and explain your business requirements today!

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