To enjoy the cost and efficiency advantages of multi-cloud services while also protecting data, avoiding vendor lock-in, and setting the foundation for a smooth future development trajectory, businesses are quickly expanding their business models towards multi-cloud technologies.
In this blog let’s explore the top ten benefits of multi-cloud strategy and know why you should have a multi-cloud strategy
1. Cloud bursting allows you to meet peak service demands.
To meet spikes in demand for applications or services, multi-clouds allow businesses to avoid incurring the high expenses of overprovisioning their own data centres for peak demand. When there is a spike in demand for your apps, you may configure them to burst into the public cloud rather than running on-premises or in the private cloud. This will allow you to provide the necessary capacity and customer satisfaction while conserving resources.
Cloud bursting is particularly beneficial for businesses and organizations that see frequent variations in their demand for data and application services.
2. Create Remote Accessibility for Data and Programs.
Members of your company who have the proper permission may access data and applications that are housed in the cloud from any location on the globe. However, data and applications kept on-premises may be difficult to access or can suffer unacceptable lag times when accessed from different geographical locations.
Hybrid cloud solutions enable organizations to use their existing infrastructure to offer workers with remote access to data and apps stored in the cloud as well as on-premises data and applications.
Know the different types of Cloud
3. Comply with Data Privacy and Localization Legislation
The Health Insurance Portability and Accountability Act (HIPAA), the European General Data Privacy Regulation (GDPR), and the Payment Card Industry Data Security Standard (PCI DSS) are just a few examples of data security and privacy laws that apply to certain sectors (PCI DSS). Numerous nations have also enacted data localization legislation, which requires businesses to keep personal consumer data in the same country in which it was first acquired.
It is no longer necessary for companies to have data centres in each nation where they do business. To comply with data localization laws and preserve their customers’ privacy, they may store locally collected customer data in public cloud areas that meet such standards.
4. Increase data security and safeguard sensitive information
When it comes to data security, hybrid cloud solutions provide businesses with more options. Malicious actors have a tough time infiltrating on-premise data centers, where businesses may keep their most sensitive data. To handle and analyze less sensitive data more quickly and simply, public cloud storage may be used in conjunction with private cloud storage.
5. Improve the operation's scalability
Large-scale data storage and processing resources have been made cheap and available for companies by public cloud computing service providers. Organizations may grow their operations on an as-needed basis, avoiding the capital costs, administrative requirements, and technical overhead associated with the construction or expansion of on-premise data centres, among other advantages.
Know how ZiniosEdge helped a leading organization to embrace cloud
6. Improved Disaster Recovery and Business Continuity
Multi-cloud users are now creating portable apps that can operate on either on-premises or public cloud infrastructure, becoming more popular. When an organization experiences a service outage and is forced to implement its disaster recovery strategy to maintain business continuity and avoid unplanned downtime that negatively impacts the customer experience, portable applications provide a significant competitive advantage over the competition.
7. Reduced IT Spending and Operational Costs
Reducing total cost of ownership and lowering IT expenditure are two of the most important strategic goals that have pushed hybrid cloud adoption over the last five years.
Organizations that rely on on-premises infrastructure and data centers need a sufficient number of servers to satisfy client demand during peak use periods. In order to meet peak demand, a company may invest in 500 servers, while only 200 servers are required during typical or “average” demand times, thereby saving money. Purchases made in response to peak demand result in the underutilization of IT resources and wasteful use of IT funds.
On the other hand, a company with hybrid cloud capabilities might spend as little as $200 on servers and depend on public cloud providers to provide extra capacity during times of increased demand. This results in increased utilization rates for information technology resources, reduced expenses, and more efficient IT expenditure for these companies.
8. Reduce capital expenditures in IT and increase operational costs in IT
According to the tax law, it is a capital expenditure when servers for a data centre are purchased and installed. Consequently, the servers are classified as a business asset and must be depreciated on an annual basis until the end of their useful lives. A $5,000 investment in a server that is anticipated to last five years would need the organization to depreciate the asset at a rate of $1,000 per year for five years to get the maximum tax advantage.
Cloud computing services, on the other hand, are regarded an operational expense rather than a capital expense in the accounting world. In the case of operating expenses, there is no need to depreciate them; instead, the organization may claim the whole expense as a deduction from its income in the year in which the expenses were spent. Therefore, a company that spends $5,000 on public cloud services will be able to claim the full tax advantage immediately away, lowering their overall tax burden.
9. Have access to cutting-edge technologies and tools.
Organizations that have hybrid cloud capabilities benefit from the most significant amount of flexibility when it comes to finding and deploying best-of-breed solutions to serve any application workload, regardless of the workload itself. Any application may be deployed to the computer environment that offers the most outstanding performance, lowest prices, and most dependable service, which can result in substantial competitive advantages. Incorporating more than one public cloud into a hybrid cloud solution allows organizations to broaden their access to technology while avoiding vendor lock-in.
10. Inspire Innovation
Multi-cloud solutions are fostering innovation by making it simpler for businesses to develop new services and by enabling companies to better satisfy the requirements of their clients and end-users. Using public cloud services, businesses may build and test new apps and then deploy them into production when they are finished.
Multi-cloud is a solution that enables companies to fight the difficulties associated with the complexity of multi-cloud systems and to resolve the management challenges that such a strategy generates. It is feasible to efficiently manage various cloud environments via a single pane of glass by using the multi-cloud platform, which allows users to monitor and control prices, performance, security, and capacity planning across different cloud providers in real-time.