Why are enterprise organizations going multicloud?

What is multicloud?

Multicloud is the use of multiple cloud computing services from different providers in a single, heterogeneous architecture. This approach allows organizations to take advantage of the unique features and capabilities of each provider’s platform while avoiding vendor lock-in and reducing the risk of outages or downtime. Some common examples of multicloud deployments include using Amazon Web Services (AWS) for storage and Microsoft Azure for data analytics, or using Google Cloud Platform (GCP) for machine learning/AI and IBM Cloud for blockchain.

Why adopt a multicloud strategy?

Limit vendor lock-in. Using multiple cloud providers allows organizations to choose the best services for their specific needs and avoid vendor lock-in. This allows for more flexibility in terms of pricing, features, and performance.

Built in redundancy. Having multiple cloud providers means that an organization can spread its workloads and data across different providers, reducing the risk of data loss or service interruption.

Cost savings benefits. By using multiple cloud providers, an organization can take advantage of different pricing structures, making it possible to find the most cost-effective solution for each workload.

Improve the security posture. Each provider has its own strengths and weaknesses when it comes to security. By using multiple providers, an organization can leverage different security features to create a more robust security posture.

Innovate. Different providers invest in different areas of innovation, by using multiple cloud providers an organization can take advantage of new technologies, services and features faster.

Meet compliance requirements. Some cloud providers may be more compliant with specific regulations than others. By using multiple providers, an organization can select the provider that best meets its compliance requirements.

Regional Compliance. Some countries have their own laws, regulations, and compliance standards. Using multiple cloud providers can help organizations to meet these requirements and avoid any legal issues.

Customization. Different providers have different services and features. By using multiple providers, an organization can create a custom solution that fits their specific workloads and requirements.

Scale with growth. Using multiple cloud providers allows organizations to handle sudden spikes in demand and scale their resources accordingly.

Backup and disaster recovery. Having multiple cloud providers means that an organization can spread its critical workloads and data across different providers, reducing the risk of data loss or service interruption in the event of a disaster.

Overall, a multicloud approach allows organizations to take advantage of the strengths of different cloud providers while mitigating the risks and disadvantages of relying on a single provider. It is important to note that multicloud should be managed with a multicloud management platform commonly referred to as a cloud management platform or CMP and a clear business strategy.

Cloud Management Platform (CMP) providers are companies that offer solutions for managing and automating the deployment and management of cloud services across different providers.

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