The cloud has begun to fulfill its full potential as a means for businesses of all sizes to gain enormous amounts of value.
FREMONT, CA: The expansion of cloud computing has transformed the way organizations conduct business, and it shows no signs of slowing down. In fact, according to Cisco, cloud data centers currently manage up to 94 percent of all workloads. Let’s examine some of the most significant developments and how businesses can keep on top of the cloud management platform market to ensure the success of hybrid cloud initiatives.
Multi- and hybrid-cloud environments will increase in prevalence: Businesses know that cloud data management is not about having a specific cloud platform or infrastructure; instead, it is about selecting the appropriate solution for the given need. In certain instances, this may be on-premises or even legacy systems, particularly when organizations are locked into specific systems for mission-critical solutions that are burdensome or difficult to change.
In 2021, the developing cloud trend will make organizations less apprehensive about committing to a single vendor and instead adopting a multi-cloud or hybrid cloud service that allows them to leverage the best of each solution. Gartner predicts that by 2021, 75 percent of midsize and large enterprises will have embraced a multi-cloud or hybrid strategy, according to Carolee Gearhart, global channel chief at Google. In their 2021 research, IDC confirms this by indicating that by 2022, over 90 percent of companies will rely on a hybrid cloud solutions architecture that comprises on-premises, dedicated private clouds, multiple public clouds, and legacy systems.
Compliance Preservation in an Increasingly Complex Environment: To join this trend, firms must adopt a vendor-agnostic strategy and seek SaaS solutions that decrease bottlenecks and blind spots. Visibility across a heterogeneous environment will be more crucial than ever, ensuring that enterprises attain the same level of insight in all instances and platforms without gaps.
In the event of failure, these blind spots could be exploited by cyber-attackers or leave internal governance and compliance difficulties. Data privacy and security are currently identified as the primary obstacles to enterprise cloud adoption, and the inclusion of new infrastructure further complicates the situation.
According to Gartner, organizations will prioritize cloud savings: According to Gartner, global public cloud sales will increase by 17 percent this year to $266,4 billion. By 2022, a record breaking 60 percent of enterprises will use managed services from an external cloud provider, up from 30 percent in 2018 growth is an evident trend in the cloud computing market.
The decentralized style of consumption has exponentially increased expenditures for businesses, with little or no control over the spiraling bottom line. As cloud usage increases, companies will need to begin controlling these costs by simplifying expenditures they are not employing to their full potential and eliminating duplicative spending or needless overheads.
Since numerous cloud and hybrid service pricing and billing models exist and charges can fluctuate from month to month, this could be a challenging request. Innovative third-party solutions that aid enterprises in gaining granular visibility into their hybrid network and offer unified cost management will rise to the top.