Blog Description

Global Multi-Cloud Management Market

Multi-Cloud Management

ICT | Nov, 2017

Over the time the needs of the business, which was supported by IT and digitization has changed so much over the years. Currently, various IT workloads can now be deployed on different variations of cloud services depending on the business understanding and environment. As an outcome, many companies and their IT department are switching their infrastructure to multi-cloud virtual environment and other cloud models. Major factor that enterprises is getting attracted to multi-cloud model as it enhances the scalability, reduces cost, faster deployment process, lower total cost of ownership and lower capital investment, increased productivity and minimises operating expenditure. Moreover, pay per use go model has given enterprises with an extra level of financial flexibly as they pay for what they only use.

About the Product

A multi-cloud management is a platform that allow organisations to manage different applications and workloads across various cloud deployment models, which includes private, public as well as hybrid model. Choosing the correct model or a platform for the workload gives an added advantage to organization to drive favourable business result. The multi-cloud mode as choice smooths the transition to the IT-as-a-services (ITaaS) model, where IT department act as a support and service broker for the organization to optimize their IT infrastructure services. Benefits such as cost saving, flexibility, faster management and increased productivity in performance will propel the adoption of multi-cloud management in the coming future.

                                                                                       Figure 1: Multi-Cloud Strategy 

                                                 



                                                      Figure 2: Global Cloud Security Market Size, By Value, 2011-2021F (USD Billion)

                                               

                                                                                                                                                       Source: TechSci Research

Benefits of Multi-Cloud Management  Prevention of Vendor Lock-In

 

Nightmare of vendor lock-in is often seen a major crisis to cloud services adoption. Multi-cloud management has provided a way for end user to switch between different vendor and reduce reliability on a single vendor. This independency allows the end user to compensate with vendors for improved service level agreement and pricing structure. Moreover, multi cloud management offers flexibility in data deployment and allow the users to move forward their workload to multi cloud model as per the organization requirement. End user that are independent can easily adopt multi-cloud management platform to supervise complex application from multiple heterogeneous cloud platforms. Unique feature in multi-cloud platform ensures organization to deal with vendor lock-in and enables seamless switching from one vendor to another. 

Increased Automation and Agility

Complex and diverse computing environment in this current era has led end users to search for smarter methods to ensure optimum utilization of the resources. This search brings on additional management complexities, resulting increased requirement for automation. Injecting of multi-cloud management platform enable end users to achieve required level of agility and automation. More benefits such as operational gain and economic benefits of cloud computing through numerous multiple automation tools, which consist of facilities such as automated recovery and backup, auto-scaling, cross-cloud bursting & auto provisioning.  The automation tools also provide benefits such as automatic recovery in crisis, management of multiple cloud deployment and improved disaster process. Multi-cloud management boosts agility across the multiple cloud affecting positively to improve service level of the organizations.

Download Sample Report : https://www.techsciresearch.com/sample-report.aspx?cid=1475

Right Level of Governance

With appropriate level of regulation and policy driven governance is very much critical for all the enterprises and should be strictly placed to ensure effective and efficient resource utilization to manage and protect the delivery of any IT service. Governance regulation and policies allow role bases distribution of IT resources that is governed by capacity, cost and other business rules. Moreover, monitoring allow user to protect the virtual workload with the appropriate authority and policies. There is mandate requirement of for defining an effective governance process the management of data, while keeping in mind the regulation that are related to the storage and usage of data. by achieving the optimum level of governance, end use can choose multi-cloud management platform as it directly enables the access controls and solves governance issue such as financial controls, encryption settings, application programming interface integration, logging & auditing. Multi-cloud platform also offers an un-interrupted flow of information between business-friendly IT environment.

Challenges for deploying Multi-Cloud Management Platform

Restructuring the network from on-premises vendor solution initially required high investment, which is far difficult especially small to medium size enterprises due to limited budget and resources. Many organizations have found switch from radical system to cloud based model more complex and costly. Enterprisers have to keep check on number of issues alongside with network architecture to support the cloud infrastructure setup. Complexity is one of the major challenge in the deployment of multi-cloud platform due to the fragmented structure and requirement of various strategies for building and managing multi-cloud model