In today’s hyperconnected landscape, digital transformation has become a must-have initiative for nearly all organizations. The fact is that as hybrid working is becoming the new normal and businesses all around the world are continuing to operate in unprecedented times, the ability to operate and adapt efficiently, with speed, has become crucial for survival.
So, for organizations looking to remain competitive in the years ahead, investment in the right tools, technologies, and frameworks to bolster their operations should be the key focus. Like you also must have noticed over the past 18-20 months, businesses have been quick in adopting cloud computing technologies as a core solution to scale and accelerate their digital initiatives.
A pandemic like Covid-19 scaled the demand for cloud services higher than what any of us would have expected. And with the physical world being replaced by a virtual one, cloud services helped make work better and more connected for all entities. But now, for enterprises that are looking forward to a better future, what’s more important is considering the benefits that cloud has to offer.
First things first, among the variety of cloud computing models available today, hybrid cloud has emerged as one of the most popular solutions for satisfying any organization’s core objectives. Whether it is refactoring, hosting, or re-architecting an application, there are plenty of factors that business leaders shall consider while choosing the right solution for their enterprises. In such times, a hybrid cloud model enables organizations to leverage multiple environments in order to meet the increasing needs of each core function of business. In fact, this approach allows companies to leverage the best of both, the public and private cloud, from an economic as well as the security perspective.
Did you know that in a global survey spanning 7,200 executives across 28 industries and 47 countries, Big Blue found that only 3% of decision makers were using a single private or public cloud in 2021, which went down from 29% in 2019? Well, that’s true and in specific industries, such as electronics, manufacturing or telecommunications, the number even fell to 1%!
That said, the proportion of respondents claiming a mix of multiple private and public clouds rose from 44% to 59%. This trend is going to help establish hybrid cloud and multi-cloud as the most popular IT architecture for cloud service delivery in the future. That, and the one-vendor approach to cloud computing will slowly disappear.
From one of IBM’s research, we found that the health crisis has also accelerated digital transformation at 59% of surveyed organizations, with cloud computing at the center of the infrastructure required to future-proof businesses. This technology has served and will continue to achieve goals ranging from digitizing existing products and services to further improve customer experience and reduce security risks.
Conclusion: Now, as companies have globally begun to prioritize reducing infrastructure costs, many have started to contemplate the advantages of the hybrid model. This approach, which relies on on-prem infrastructure and uses the cloud to scale out for peak traffic, is poised to strike the perfect balance.
Recommended Read: The Outlook of the Global Cloud Computing Market by 2026