Ten Key Benefits of Multi-Cloud Strategy in Your Business

Organizations are shifting their IT resources from on-premises to the cloud. This has created a large demand for public cloud providers such as AWS, Azure and VMWare. Researchers report a 23% increase in cloud spending by end-users in 2021. This research also shows that more than 70% organizations are investing in cloud technology. A Gartner report recently revealed that the global end-user spending for Public Cloud Services will exceed $480 Billion by 2022. Multi-cloud strategies are becoming more popular because they allow for better data backups in both public and private clouds, as well as data analytics capabilities. This article will highlight 10 key benefits of multi-cloud strategy adoption by businesses. It also provides useful information about multicloud management tools, monitoring tools, and the limitations and disadvantages of multi-cloud.

TABLE OF CONTENT1. What is Multi-Cloud? 2. Multi-Cloud Architecture3. What is Multi-Cloud Strategy? Why should a business use multi-cloud? 10 Benefits of Multi-Cloud6. CloudThat helps businesses implement multi-cloud environments7. Frequently Asked Questions

What is Multi-Cloud?
Multi-cloud refers to a way for an organization to deploy its IT resources on different cloud platforms. An organization might want to have Machine Learning capabilities on Microsoft Azure, and Computing capabilities on Amazon Web Services (AWS). If they do this, they can use cloud services from multiple vendors. Multi-cloud deployment is what this is. Multi-cloud deployment allows organizations to effectively support their business, technology, or service needs without relying on one cloud provider.
Embracing Multi-Cloud Architecture
Multi-cloud architecture is a way for organizations to distribute cloud assets, software, and applications across multiple environments.
What is Multi-Cloud Strategy?
A majority of organizations follow three multi-cloud management strategies. They are:
Monitoring Consolidations
Management Consolidation
Standardization allows you to use a consistent standard when deploying resources across multiple cloud platforms. This reduces the need for rework due to incompatibilities between resources from different vendors. These are the most common standardization steps.
Kubernetes and Containers
Multi-cloud storage compatible with Amazon3
Ensure Virtualization Machines Are in Open Virtualization Format (OVF).
Management Consolidation is a method of creating a single-point interface that streamlines operations between different cloud platforms. A dashboard makes it easy to manage multiple cloud platforms from one place.
These are some of the most popular multi-cloud management tools:
BMC Cloud Lifecycle Management
Embotics Commander
Flexera (RightScale) Cloud Management Platform
Micro Focus Hybrid Cloud Management
VMware CloudHealth
Monitoring Consolidations
Even though multi-cloud environments offer different monitoring tools, each cloud provider provides monitoring tools to track their infrastructure. Implementing a single monitoring tool handling dashboards from different cloud providers helps to minimize latency. The most well-known monitoring tools are:
Microsoft Cloud Monitoring
Amazon CloudWatch
BMC TrueSight Pulse appDynamics
DX Infrastructure Manager
What are the reasons a business should use Multi-Cloud?
Different cloud providers can perform certain tasks exceptionally well in the current environment. Multi-cloud strategies are a great way to get the most out of multiple cloud providers. Multi-Cloud environments also help to reduce disassembly