Why Companies Are Adopting a Multi-Cloud Approach

Technology > IT

More and more companies are beginning to take the multi-cloud approach, giving them multiple solutions to properly address workloads / Photo by: Nydon via Pixabay

 

More and more companies are beginning to take the multi-cloud approach, giving them multiple solutions to properly address workloads, as well as provide them with their needs for digital transformation.

A multi-cloud solution allows firms to use a combination of private and public services, and a recent Kentik report found that about 58 percent of business professionals said they employ more than one of the three major providers of cloud services: Amazon Web Services (AWS), Microsoft Azure, and Google Cloud Platform.

One of the reasons—and probably the biggest one—why companies are taking on a multi-cloud approach is that it avoids vendor lock-in, TechRepublic says. Relying on a single vendor for a company's cloud services is like putting "all your eggs in one basket"—a risk that many companies want to avoid.

Moreover, a multi-cloud strategy also introduces many options for companies. As stated, this approach allows firms to go all-private, all-public, or a combination of both.

"Different providers offer different services, and a multi-cloud strategy lets companies leverage several providers to get the most bang from each service," TechRepublic explains.

Using a multi-cloud structure lessens the risks of both downtime and data loss, especially now that security is a priority. With this strategy, a business would still be able to operate even if one of their cloud services fail since they can quickly switch to another provider.

Companies can also secure their data within a private cloud and operate in other areas of the enterprise in either a public or hybrid cloud environment, the tech news site says.

As the number of cloud providers continues to increase, they also keep on expanding. Such an expansion would mean a higher cost for companies. But applying a multi-cloud approach empowers firms to compare different providers and secure the best available rates for the needs of the enterprise.