Multi-Cloud Strategies: The Recipe For Successful Business Transformation

- Abhishek Bhattacharya

While the benefits offered by cloud today have the potential to drive businesses, the technology also introduces a set of risks, especially for a business that counts on a single provider. For most, partnering with a single cloud provider may fall short in mitigating risk, optimally supporting diverse systems and data, and addressing regulatory requirements.

While building and executing a cloud strategy, the most important task is not selecting a service provider, but crafting and operationalising a multi-cloud strategy around all possible needs; this is one of the most important factor on which the ultimate success shall depend. This strategy enables one to take the best out of what each cloud offers, reduces the vendor lock-in and also provides more opportunities for optimization.

A multi-cloud strategy empowers businesses to realize the full promise of cloud by offering true flexibility to scale, improve performance, and minimize costs. As organisations continue embracing the benefits of cloud computing, the imperative to work with more than one provider is increasingly inevitable.

A recent study conducted by IDC found that 86 percent of enterprises will require a multi-cloud strategy to support their business goals within the next two years. According to a recent survey of more than 650 IT decision-makers, 77% of businesses plan to leverage multi-cloud strategies.