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6 Must-Know Multi-Cloud Strategy Benefits for CIOs to Accelerate their Business Journey

By Enterprise Security Magazine | Friday, August 30, 2019

Many businesses are adopting multi-cloud strategies with full steam. As technology continues to advance, it has become mandatory to adopt cloud strategies for their growth and development. Multicloud strategies help businesses to achieve their digital transformation requirements as well as scale their operations considerably.

FREMONT, CA: Mostly spoken in the context of an enterprise, a multi-cloud strategy is when a client uses beyond one cloud computing service. It has been a time-tested technique of optimizing enterprise operations for organizations of considerable sizes that have distinct requirements for different data sets or services. While a multi-cloud deployment can refer to an application of various platform as a service (PaaS) or software as a service (SaaS) cloud offerings, today, refers to a mixture of public infrastructure as a service (IaaS) environments like Microsoft Azure and Amazon Web Services.

Organizations pursue a multi-cloud strategy for different reasons. One of the main reasons could be for better security. Other reasons might be related to special functionality and price thresholds. Enterprises might make use of either one more wide cloud service for some data, and a less comprehensive cloud service for other data or might avoid metering and pricing thresholds by delivering their cloud services to beyond one provider.

The multi-cloud strategy will continue to be a preferred approach for most of the businesses and utilizing the unique advantages of available cloud service will enable the companies to reach the peak of success.

Why are businesses opting for multi-cloud strategy? Here are some of the benefits that CIOs need to know:

1. Vendor lock-in: In general, vendor lock-in refers to the restricted usage of the technology, service, or solution, created by a vendor or a vendor partner. In cloud computing, vendor lock-in is the inefficacy of an enterprise to move to another cloud to avail finer functionality, characteristics, and benefits that they deliver. If the cloud platform is where all your workload is located, enhancing prices or making changes that affect your enterprise's performance negatively might leave you with the option of retaining and agreeing to the changes or leaving the cloud vendor with another tough migration. Being multi-cloud will save enterprises from such scenarios.

2. Great resiliency: Every cloud platform have its own unique strength. Azure is known for its strong enterprise presence, AWS of Amazon has the lowest compute price, while Google GCP has analytics solutions. People want the best of everything, which means that the business needs to migrate their data from one cloud to another in order to leverage that and link that to the compute in every cloud. Adopting the multi-cloud system will provide flexibility to choose from a range of services, whichever works or suits well according to the business requirements.

3. Security guard: A Distributed Denial of Service (DDoS) is the consequence of many computer systems attacking a website, server, or a cloud hosting unit which is successful when it leads to a denial of services to customers. If all the organization's resources powering them are on a single cloud, a DDoS is likely to bring the organization down and cause significant financial losses. By opting for multi-cloud approach, the enterprise's services become resilient to these kinds of attacks for if even one cloud goes down, the remaining are available for taking the load until the organization's server recovers.

4. Cut-down in costs: Each cloud vendor offers distinct compute and storage choices at different prices. By doing workloads' performance analysis present in every cloud, an organization can project both their workload performance and Total cost of ownership (TCO) for compute and storage options in every cloud, simultaneously identify the choices that can meet their performance needs at the lowest price!

5. Reduction in expenditure: When an enterprise spreads its cloud deployment over to service providers, it builds space for competitive values that lessen the burden on their IT spending budget. In an ideal situation, a business should associate with providers of multiple clouds, which would help them in fulfilling their IT needs in a better way.

6. Data sovereignty: Digital data is proliferating with every passing day. Businesses are supposed to follow certain rules and regulations for protecting their clients from data reaching. China's CSL, India's Data Protection Bill, Europe's GDPR, Brazil's LGPD, and there are others that are required to be followed. A multi-cloud strategy enables an organization to move towards platforms that provide the most appropriate infrastructure and software to abide by regulations.

In this digital technology, every benefit of a multi-cloud approach is instrumental in giving a company a competitive edge over others. Doubtlessly, a business needs to realize these benefits for mapping out opportunities and accessing a well-crafted management tool. A sturdy tool should help in accelerating migrations and simultaneously provide the vision to ensure seamless inventory, migration, security, and make amendments in management. The finer tools also provide multi-cloud price forecasting, which is a necessary requirement when establishing a realistic budget.    

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