Today, businesses are constantly seeking ways to be more agile, reduce costs, and enhance security. Traditional infrastructure, with its isolated components and complex management, can hinder these objectives. Understandably, many businesses worry about disruptions during migration, data security, and a smooth cutover to a new system.
If you're part of an organization that's jumped on the multi-cloud bandwagon, you've probably realized that managing costs across various cloud platforms can be challenging. Each cloud provider comes with its own set of pricing models, billing structures, and management tools, making it a challenge to get a clear picture of your cloud spending and spot opportunities for optimization. But don't worry, we've got your back! In this blog post, we're going to walk you through some tried-and-true strategies and best practices for optimizing costs in multi-cloud environments.
The advent of 2024 opens a new era, spotlighting the significant strides in cloud adoption and digital transformation that organizations have dramatically pushed forward, some by as much as six years. This rapid progression aims at fostering business innovation, gaining competitive edges, and achieving set business objectives. Looking back reveals a period of not only acceleration, but also substantial expansion. Applications now reside just about everywhere, distributed across traditional data centers, clouds, colocation providers, and computing edges. It is a new landscape that signals a broadened scope of IT infrastructure.
Hybrid work, hybrid vehicles, hybrid energy and of course, hybrid cloud. It is a hybrid world as the hybrid transformation is affecting so many aspects of our lives. For enterprises, the shift to the hybrid cloud didn't happen in isolation. It is the result of multiple, incremental changes across business and technology:
Digital transformation has become an essential element of any successful business, requiring creative solutions to stay ahead in the ever-evolving digital landscape. To do this, there must be sustainable digital innovation, as it enables companies to create new products and services, streamlines core operations for efficiency gains, and strengthens customer relationships through improved engagement strategies — all while leveraging data insights and empowering employees.
Almost every enterprise across many different industries is using cloud infrastructure to help meet business goals more efficiently. Developing strategies that include multiple clouds can help with reduced IT costs and flexibility. The majority of businesses plan to implement hybrid and multi-cloud solutions to maximize efficiency. In fact, 92 percent of businesses are already moving to a hybrid or multi-cloud strategy. In this article, we discuss hybrid and multi-cloud efficiency and what’s required to implement the transition to this strategy. After all, the days of single cloud use are just about obsolete for mid-size enterprises and up.
Enterprises are turning to a hybrid multi-cloud environment as a solution to the modern technology challenges they are faced with. However, if not expected, this shift can be met with challenges that cause dissatisfaction and contradict the value that can be gained from it.
