Hybrid cloud strategy

Technology is evolving at an unprecedented rate. The rapid evolution of technology is having a profound impact on our lives, changing the way we work and most important is the investment one has done by listening to Corporates branding and marketing.

During the pandemic the business of cloud has accelerated the move to the cloud for many enterprises and SMEs. Today, cloud computing is used by businesses of all sizes, from small businesses to large enterprises. The move has benefitted the large hyperscalers, such as Amazon Web Services, Microsoft Azure, and Google Cloud Platform to benefit from economies of scale.

Many enterprises and SMEs are realising that, cloud computing is very expensive than traditional on-premises IT, if you don't use it efficiently. With this the move towards Cloud repatriation is happening at faster track, with this the data and applications are moving from a public cloud provider back to an on-premises environment. It has been witnessed that, many enterprises are adopting a hybrid cloud strategy.

As per survey, today enterprises are spending about 2% of turnover on the cloud strategy, which is on the higher side and this number is expected to reach 10% of turnover by 2025. It is time for the Enterprises and SMEs to have a torough check on their check and balances to define their Hybrid strategy.

As more and more businesses move their workloads to the cloud, the demand for hardware has decreased. The increased adoption of cloud computing has significant impact on the hardware industry. Now with the increased adoption of Cloud repatriation, brings respite for the hardware vendors to sell their products. It can help them reduce costs, improve scalability, and improve security. Now the responsibility lies on the CIOs to make an informed decision about which data to store in the cloud and which to keep on-premises.

Overall, a hybrid cloud strategy is a better option for enterprises and SMEs, that want to take advantage of the benefits of both on-premises and cloud computing. However, enterprises should be aware of the challenges of a hybrid cloud strategy before they adopt it. 

S Mohini Ratna, Editor, VARINDIA