The sun always shines above the clouds
Yes, it does and it is!
It is a no-brainer that cloud is here to stay. The technology is in fact becoming more specialised calling for vendors to bring vertical-specific customised offerings to the table.
Although the technology is gaining popularity, a Forrester study claims that only one-fifth of enterprise applications run in the cloud. This small number, however, does not reflect a slowdown in cloud adoption. It, in fact, highlights how legacy IT investments and security concerns have impacted migration to cloud.
Is that silver lining fading? Absolutely not, as hybrid cloud and multi- cloud provide the much needed balance between flexibility and security.
Hybrid cloud means a cloud computing environment that uses a mix of onpremises, private cloud and third-party, public cloud services that allows workloads to move between private and public clouds. While in a multi-cloud solution, an organisation uses multiple different public cloud services, often from multiple different providers.
A recent report from Gartner projects public cloud-services technology revenues to grow by more than 50% globally in the next three years, to about $355 billion in 2022. A recent Nutanix report states that the financial sector is outpacing others in embracing hybrid cloud as security and flexibility remain their top priorities.
Adopting a mix of public and private cloud options not only increases mobility across clouds, it also allows organisations to gain greater control over IT spend while ensuring a security blanket over sensitive data.
This is why the adoption rate is increasing across different industry verticals and only depends on the stage of digital transformation within an organisation.