Although the use of cloud computing has increased fivefold since 2014, only 20% of workloads are run in the public cloud. Because housing workloads in a cloud network provides location-independent access, it’s expected that more companies will migrate to the cloud. Nominet, a cyber security company, reports that 88% of surveyed organizations were either currently using the cloud or planning to adopt cloud-based software as a service (SaaS).
As adoption continues, innovation will make the cloud even more practical for a variety of computing and storage needs. Microsoft recently announced that it’s set to acquire Movere, an SaaS start-up, which assists clients in their transition to the cloud. In order to bolster its fast-growing cloud computing business, Microsoft seeks to pair Movere’s assessment capabilities with Azure Migrate.
Different Types of Cloud
Alibaba, Amazon, Microsoft, and Google offer some of the larger cloud computing services currently on the market. Research firm Gartner reported that Amazon Web Services and Microsoft Azure possess over 60% of the market combined in 2018. While large clients may require the capabilities offered by these tech giants, smaller businesses often do not need as much computing power or storage. As such, they can take advantage of mini clouds.
More likely to have dozens of locations rather than hundreds, mini cloud companies cannot compete against the big cloud services based on size. However, they generally offer fast speeds, easy-to-use interfaces, and lower costs. Some mini cloud companies are even positioning themselves to fill niches in the industry by providing heavily customizable virtual machines, efficiency experts, and more.
Another option for businesses is the multi-cloud, which combines public cloud services from multiple vendors. This popular approach—which Nominet found 48% of surveyed organizations use—allows organizations to avoid being locked in with a single vendor. This flexibility also allows clients to meet geographic demand by having providers in numerous countries.
Similar to the multi-cloud, cloud computing companies have realized that some clients do not want to house all of their data in one virtual space. This has resulted in an increase in hybrid cloud offerings. Because hybrid clouds allow workloads to move between third party, private, and public clouds as needed, businesses have more options to choose how they would like to share their data.
“All the major cloud providers are offering hybrid solutions in recognition that there won’t ever be such a thing as a total migration to the cloud,” says David Schatsky of Deloitte. “Hybrid is the future. Support for that from the big vendors has come inline within the last year or so, making it easier to plot out a hybrid strategy.”
A top concern for switching to the cloud is security. While the cloud offers various forms of security to keep data safe, such as data classification, executives are worried about data breaches and cyber crimes.
Because both hybrid clouds and multi-clouds offer more than one location to store data, the likelihood of a data breach is lower. However, hybrid clouds are often more secure as a client is able to move its workload from a public cloud to its own private cloud. In the Nominet survey, 52% of multi-cloud users reported a breach as opposed to 24% of hybrid cloud users.
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