Hybrid Multi-Cloud - The Way Forward
We think that our largest customers worked with us because of the cost savings we offered and our knowledge about best practices. It turned out that was mostly wrong- reducing their time and risk to get new services to market was the most important. It’s not that the other things weren’t important, but they weren’t the top Value Proposition. That made a difference on how we sold the product and how we focused on operationalizing it for customers.
Key-Value Propositions
There are three stages in a lifecycle journey to Cloud. This is a holistic approach to transform, drive innovation and efficiency.
Long-term strategy should be to move almost all IT Application & assets eventually to the hybrid and multi-cloud.
Recent study by Microsoft of 510 Cloud professionals –
Companies that use cloud technologies were more likely to report increases in revenue over the past 12 months, with 83% of those who operate in both hybrid cloud and multi-cloud environments reporting revenue growth compared to just 58% of non-hybrid and non-multi-cloud users.
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Nearly all survey respondents agreed they need to be able to adopt cloud in some areas of business while retaining other business information on premises, primarily for regulatory reasons. Nearly nine in 10 say they will increase spending on hybrid or multi-cloud in the next three years.
Multi cloud adoption is increasing among customers, reasons are many - Risk Mitigation, Optimized ROI, Redundancy (BCP/DR), Portability, Reduced provider lock-in etc.
Operational Drivers
The journey to the cloud for different applications and asset classes:
Characteristics that are important: