ADOPTING A MULTI-CLOUD STRATEGY

Cloud has been in existence since 2006 when Amazon Web Service (AWS1) first announced its cloud services for enterprise customers. Two years later, Google launched App Engine, followed by Alibaba and Microsoft’s Azure services. The most recent addition to the public cloud service provider’s list is Oracle.

As per the Gartner 2021 Magic Quadrant, AWS is the market leader followed by Microsoft Azure and Google Cloud Platform in the second and third positions respectively. As Cloud technology evolves, so are the customer requirements. Today, Cloud adoption is one of the top priorities of the CXO suite. The Covid-19 pandemic further accelerated the need for cloud adoption as digitization is no longer optional for organizations but a mandatory requirement. As the pandemic nears its end, there is a surge in demand for cloud services as most enterprises find it the right time for leveraging it. As a result, enterprises don’t spend enough time on the “right” workload assessment. There is a possibility that enterprises might get impacted due to this sudden move to the Cloud and may have to eventually exit or switch to another Hyperscaler at a later stage.

As per Gartner’s report, 81% of the respondents said they currently work with two or more public cloud providers. It means multi-cloud is the future of Cloud Computing.

Let us look at the other common factors or reasons (Figure-1) for enterprises to consider adopting a multi-cloud strategy.