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Digital Transformation & Multi-Cloud Adoption
The use of the cloud is increasing as it makes companies fit for the future by making them more competitive. In 2021, 90 percent of respondents from large enterprises indicated having already adopted multi-cloud. The global Cloud Managed Services (CMS) market size is also projected to grow from USD 62.4 billion in 2020 to USD 116.2 billion by 2025, at a Compound Annual Growth Rate (CAGR) of 13.3% during the forecast period.
According to David Tapper, IDC Program Vice President for Outsourcing and MCS, MCS providers would have to invest in sustainable offerings, create a business operations center, integrate an intelligent, uniform multi-cloud management platform, and create a robust governance model as well as laboratories for cloud Build platforms.
The use of the Multi-Cloud is increasing
In the wake of the pandemic, the use of the Cloud has rocketed. The topic of hybrid and multi-Cloud is gaining momentum in companies all around the world. More and more companies are now using public cloud functions as well as innovative technologies and processes (IoT, edge computing, blockchain) and multi-cloud management platforms to support their future cloud strategies and ensure the resilience of the company – IDC. The multi-cloud is characterized by the fact that different cloud variants from different providers can be combined at the same time, such as a private cloud from one provider in combination with a public cloud from another provider or several public clouds from different providers. In this way, the different cloud resources can be used for the same or different workloads according to individual needs, requirements, and strategies.
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Multi-cloud deployment offers an ideal basis for optimally meeting the increasing demands on dynamic and flexible IT. The trend towards IoT and Big Data is also leading to changes in existing structures, for example in order to solve problems for which a single cloud solution is no longer sufficient. Due to the combination of different infrastructures, platforms, and services, multi-cloud solutions offer higher performance and speed, because depending on the requirements of the workload, suitable and compatible cloud services can be used that other providers may not support.
Companies use multi-cloud to create more agile IT, generate new sales, and improve the customer experience. Users remain flexible and independent of the provider. In addition, a multi-cloud approach can also be used to optimize costs, consolidate digitalization projects and increase availability and reliability. However, if companies use cloud services from different providers, the integration and management are much more complex, because migration is not the only challenge. The management of such networked cloud environments is by no means trivial. Many companies are already faced with the first challenges when planning the right multi-cloud strategy. They are also concerned about the guarantee of service level agreements (SLA, framework agreement between client and service provider for recurring services) and security.
If you want to benefit from the advantages of a well-designed cloud platform, from flexible resources to reduced costs and meeting all governance and compliance regulations, we are here to help! Our Cloud-based Project Management experts can help you complete your projects faster and take your business to the next level.