Multi-Cloud benefits & risks

Multi-Cloud Benefits and Risks

Cloud adoption is rapidly increasing as businesses search for new ways to store, distribute, and manage their data. Multi-cloud might just offer the advantages that enterprises are looking for.

According to recent research by IBM, 85% of enterprises are already operating in multi-cloud environments. It gives an answer for the question is it worth to migrate to cloud? Additionally, those that are not using multi-cloud are planning to do it soon. This number can tell you one thing, if you are yet to implement a multi-cloud strategy for your business, you better do so.

But first, what is a multi-cloud approach? Multi-cloud is the use of more than one cloud computing and storage service in one architecture. This approach involves distributing software, applications, assets, among others, in several public cloud-hosting providers.

The Difference Between Multi-Cloud and Hybrid-Cloud

In some cases, multi-cloud and hybrid-cloud have been used interchangeably, which may be confusing. However, they are different. In a multi-cloud approach, an organization utilizes multiple public cloud services offered by various providers. Enterprises may sometimes use numerous public clouds along with their on-premises IT ecosystem and private cloud infrastructure. Hybrid cloud, however, refers to a combination of both private and public clouds. The main differences between the two are:

Multi-cloud must include multiple public clouds while a hybrid cloud is a combination of both private (on-premises) and third-party public clouds.

A multi-cloud strategy involves using different clouds for different workloads. There is no connection between these workloads in a multi-cloud environment. As for hybrid cloud, data as well as processes work together or co-relate.

Advantages of Multi-cloud

Multi-cloud technology presents an array of benefits to enterprises. Let’s take a look at some of them.

Minimized Risk of DDoS Attacks

DDoS attacks are a real threat to any enterprise with all resources that power its site on a single cloud. According to a Rand Group survey, one hour of downtime can cost 98% of firms an excess of USD 100,000.

With such a substantial loss probable at any time, it makes sense for a business to adopt the use of a multi-cloud resource to power its site. Here is why. This tech will make a website more difficult to bring down since in case a single cloud is compromised, others can ensure that it is still available until appropriate remedies are put in place.

Freedom of Choice

Cloud-hosting providers rarely meet all of an enterprise’s demands, for example, size, speed, etc. However, with a multi-cloud approach, a business can assign various aspects to different providers based on their abilities. In turn, this will boost the performance of the enterprise.

Avoids Vendor Lock-In

Vendor lock-in happens when a business outgrows its cloud provider, making it hard to sustain the current requirements that it offers to its clients. By restricting your venture to one cloud provider, you risk this happening Allow your idea to exceed your wildest imaginations when it comes to growth. However, when you work with multi-cloud providers, you can maintain operations even if your enterprise scales up fast.

There are many other benefits of adopting multi-cloud approaches. More flexibility and reliability, costs optimization, improved data management, and the ability to offer services without necessarily being good at them are some more advantages.

Disadvantages of Multi-Cloud

Like in a case with many other things, there is a flipside to multi-cloud. Firstly, is that it can be quite challenging to control when compared to adopting a one-cloud approach. Secondly, if background checks are not done on the part of providers, a business can be susceptible to security breaches.

How to Start a Migration to the Cloud

Are you ready for cloud migration? The best place to start is by finding a nearshoring partner who provides cloud transformation services. The vendor should have the know-how as well as experienced specialists. With these, you can count on the success of a cloud migration project. To conclude, cloud services outsourcing can be very cost-effective since, when done correctly, there won’t be a need to hire other vendors in the future.