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Multi-Cloud Management set to be the Next Big Thing/ Multi-Cloud Management
by
Harish Munagala
The ongoing developments and innovations in technology has brought about a drastic change in the way businesses work nowadays. The number of organizations adopting two or more cloud solutions has increased dramatically over the past few years, thus enabling them to effectively manage their software and infrastructure. Multiple cloud deployments are required for catering to the demands of various applications and departments in an enterprise. Multi-cloud management platform is an open platform that is delivered as-a-service in order to provide flexibility to the enterprises, wherein they can transfer their workload on multiple clouds, depending on the complexity of data and applications. It is a service that accompanies two or more cloud services in order to carry out separate tasks, which in turn helps in improving efficiency, allows flexibility to manage workload, avoids vendor lock-in, minimizes the cost as well as the risk of data loss, and enables automation of tasks, among several others. Moreover, it also ensures improvement in the overall performance of an enterprise by using different infrastructures so as to meet the needs of their partners and customers, and also helps in gaining better control on the pricing.
With the rising complexity and workload, there has emerged a need for the efficient management of data, cost-effective solutions, faster deployment, increased productivity, improved scalability and agility, and reduced capital & operating expenditure, which has further led to the enterprises adopting this technology on a large basis. Furthermore, growing popularity of the pay-as-you-go model on a global level has allowed enterprises the flexibility for making payments, since they pay only for what is being used. Therefore, the growing demand and adoption of cloud technology day-by-day calls for effective cloud management solutions. In order to tackle this, cloud service brokerage (CSB) is brought into picture. Cloud service brokers play the role of intermediaries between end-users and cloud service providers, and assist in picking the cloud services that are best suited to their needs. They also help in eliminating the burden on IT administrators of an organization to manage cloud services from different vendors. However, lack of awareness and issues related to security and privacy are the key challenges being faced by the key vendors involved in this market. The pace with which the companies are deploying cloud technologies, it is essential that better privacy and security solutions be incorporated, thus leading the companies to rely more on cloud brokerage services.
The CSB vendors, such as DoubleHorn, provide cloud management services through a platform called Better Clouds, which helps in simplifying complex cloud-based business operations by offering features, such as reporting, real-time monitoring, optimized costs, best pricing, and cloud migration services. It helps in reducing a considerable amount of cost in the multi-cloud environment, and since each cloud has its own pricing model, the workload is spread across multiple clouds. As of now, multi-cloud strategy has been adopted by only a few companies for their businesses; however, many other enterprises are expected to adopt this strategy by the end of 2016. Around 80% of the medium-sized businesses and large enterprises are expected to adopt this technology within next five years. The global cloud brokerage enablement market is expected to grow from USD 1,315.0 Million in 2016 to USD 3,162.4 Million by 2021, at a Compound Annual Growth Rate (CAGR) of 19.2% during the forecast period 2016-2021. The market in Asia-Pacific is anticipated to grow at a faster rate between 2016 and 2021, owing to the presence of an active business environment in this region, increasing adoption rate for cost saving purposes, and need for better productivity and efficiency through a centralized cloud. With the growing popularity and demand for multi-cloud management platform, the market is anticipated to offer huge growth opportunities in the near future. And multi-cloud management still being an untapped market is expected to gain traction over the coming years.
Mr. Harish MunagalaDoubleHorn1601 Rio Grande St, Suite 500 Austin, TX 78701 855-61-VOICE (86423)solutions@doublehorn.com
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