A report recently published by 451 Research shows that almost 70% of all enterprises will be using a multi-cloud or hybrid IT infrastructure in a year’s time. As more and more enterprises are swayed into the cloud, companies who have already adopted the cloud are now choosing to go with multi-cloud infrastructure or hybrid architecture for their IT requirements.
The report also showcased that about 60% of all workloads are expected to run using a form of hosted cloud service by 2019. This is an increase of about 45% from 2017. This marks an impressive change from DIY owned and operated services to a cloud or third-party hosted IT services. Therefore, the future of IT services is clearly hybrid and multi-cloud.
Here we explore some of the reasons multi-cloud is a fantastic idea for enterprises when they consider security, flexibility, reliability, and cost-effectiveness.
Reduce Security Risks Like a DDoS Attack
A Distributed Denial of Service or DDoS attack is when a number of different computer systems attack a server, website, network resource or a cloud hosting unit. A DDoS attack can be executed by an individual as well as a federal government.
In a scenario that your company’s website is powered by resources hosted on one cloud, a well-executed DDoS attack can take down your website and also prevent any attempts to restore it. Based on a recent study done by Rand Group, 98% of businesses surveyed claimed that just an hour of downtime costs their company upwards of $100,000.
Using a hybrid-cloud architecture to power your website ensures that your company’s services remain resilient against DDoS or similar attacks. Adding a private cloud to your public cloud setup allows for a supplement or a backup clouds to pick up the load if one cloud service is attacked.
Better Disaster Recovery Options
For a web architect, a Single Point of Failure or SPOF is their worst nightmare. SPOF events can occur either through a machine error or malicious attacks by hackers.
The common way used by web architects to counter SPOF is by using redundancy. However, what happens if the host system goes offline? In these cases, using a multi-region architecture to host different components of a system creates the ultimate form of redundancy by making fewer SPOFs. There are many third-party vendors that offer a multi-region disaster recovery plan for your AWS or Azure storage. The popular disaster recovery vendors include N2WS, Acronis, Druva etc.
Security – Keep Sensitive Operations in Private Cloud
There is a popular argument that network security can be compromised in a public cloud environment. Since the data doesn’t reside on your infrastructure, you have less control over who really has access to the public cloud data. However, with a private cloud system, you have much more control over data security than a public cloud solution. By design, hybrid clouds can inherit the security aspects of a private cloud and you can ensure that the sensitive data remains protected by keeping them in your own infrastructure. You can deploy workload heavy tasks to a public cloud and limit the sensitive operations to your private cloud.
Moreover, with hybrid-cloud you have the flexibility to explore different cloud service providers, leverage the full extent of your private cloud and find the best match for each part of your business requirement.
Cost Optimization Performance
Given that each financial company has a financial bottom line that they need to keep to and considering the rate at which emerging technologies are advancing almost every day, for most enterprises it has now evolved into a need vs. price model of business.
A vast number of cloud service providers make their mark by providing a set of services that are in tune with your business needs. You can look at leveraging these services along with your private cloud network for optimum business efficiency.That said, you would also need to look at the financial implications of a system downtime and how much that can cost your business in terms of capital expenditure.
The important factor is to narrow down and identify the different cloud service providers who are able to provide a set of service offerings as among the best in their peer group. The key lies in the business identifying the right combination of cloud service providers who can provide your enterprise with the requirements that match your business needs, can complement your private cloud setup, as well as provide you with a financial edge over your competitors. An added boost of productivity and efficiency, coupled with a decent reduction in cost, bodes well of enterprises and businesses across the globe.
Avoid Vendor Lock-Ins
As businesses grow and diversify, their support and systems also need to expand to allow it to keep pace with the larger customer base. There would be a time when your local private cloud servers are not able to meet your requirements and you would need to harness the help of a cloud service provider. Once you identify a provider you would need to ensure that the new system matches conveniently with your private cloud setup with minimum hindrance to your daily operations.
Consider a scenario where your business needs outgrow what your first cloud service provider can offer or if you find a better deal for a portion of your business with a different provider. It would make for a good business decision to diversify your service provider in each scenario.
By restricting yourself with only one cloud service provider, it is both time-consuming and expensive to transfer your systems elsewhere. This leaves you in the position of having to accept any pricing changes or agreement restructure as you are locked into a contract to do business with them.
Region-Based Business Policies
Given the rules and regulations in various countries across the globe, a large number of countries have a far stricter set of data privacy rules and regulations governing an enterprises’ multi-cloud strategy. Having a multi-pronged cloud strategy helps take care of a number of different governmental regulations either within the country or globally.
The market for cloud computing as a service grew by about 27% in 2017 generating revenue of approximately $28 billion compared to 2016. The revenue generated by cloud computing as a service is expected to reach 53.3 billion by 2021. As an increasing number of enterprises are moving to a cloud infrastructure, they’ll be looking for more options to get the best of all worlds.
That’s where the hybrid-cloud and multi-region networking kicks in. In this post, we’ve covered some of the top reasons why the concept of using multiple cloud hosts is an exciting idea. What are your thoughts on multi-cloud? Share them in the comments below.