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There are several forms of cloud services, like infrastructure as a service (IaaS), platform as a service (PaaS) and software as a service (SaaS). These services are further divided into Private, Public, and Hybrid cloud services. While these versions are highly valuable and versatile in their natural form, companies are moving towards a different direction: multi-cloud solutions. A recent blog predicted the future use of hybrid cloud solutions, which allows businesses to integrate the use of private and public cloud solutions, making for greater efficiency. The trend that larger companies are beginning to follow, however, is the utilization of a multi-cloud solution. 

Evaluating Business Needs

Companies evaluating their cloud solutions will ensure that they align with company growth and business needs. Business needs can vary, for clear reasons, from start-ups to well-established businesses. However, common features that both businesses share are the type of data they want to store, provisions in case of data loss, the budget of the business, and the number of devices that connect to the platform they use or intend to use. The answers will usually directly define the kind of platform that is the best for the company to use. As they go through the list of clouds, like public clouds, private clouds, and hybrid clouds, they might find that a multi-cloud strategy is the best solution, allowing for secure growth through the use of various services.

The Multi-Cloud Solution

The multi-cloud approach implies that a business wants to choose several cloud providers to distribute their assets, software, applications, data, and anything else they deem important, across several cloud-hosting environments. It is a sound approach, as limiting your business to just one cloud service provider may not be enough to satisfy all the requirements of a large organization. Resorting to a multi-cloud strategy will transform how you organize your data digitally, but it ultimately helps you plan, migrate, modernize, develop, and optimize your organization, helping to ensure your company’s core success. To be strategic, however, it is important to utilize public, private, and hybrid cloud services, as the strategic distribution of this cloud management will allow for greater efficiency and will establish resiliency in your virtual infrastructure. Further, using multiple cloud services provides your company with security, cost-effectiveness, and flexibility.

Benefits of the Multi-Cloud Solution

Optimizes Risk Management

If all of your assets and resources are being held on one cloud, it is easy for a DDoS (or distributed denial of service) attack to take, and even keep, your website down. And, to make things worse, this downtime can cost your company hundreds of thousands of dollars. Spreading your company’s resources over a multi-cloud architecture makes your company resilient and less prone to be taken down. Also, even if one cloud were to go down, the others would stay up and running, taking on the data from the attacked cloud until it has recovered.

Avoids Vendor Lock-In

When entering into a contract with a cloud service provider, many companies may be upset at the realization that certain terms and conditions can not be changed. It is important to note that you should always read the rules and costs that come with signing a contract with a company. Signing with one cloud service provider may force you to abide by the restructuring of agreements and even prices, making the experience time-consuming and expensive. If you are able to leverage your experience and partnership with other cloud service providers, however, you will be able to get the most value out of vendor relationships.

Optimizes Cost Performance 

As the number of multi-cloud providers grows, the pricing gets more competitive, allowing you to compare different providers, decreasing the overall amount of money spent on keeping your own hardware and services. It might take some research, but finding the right combination of cloud service providers to match your business needs can give your company an extra boost in efficiency and lower your costs. When you begin selecting your vendors, keep their payment flexibility, adjustable contracts, and other features in mind.

When you utilize the Local Cloud service from LightBound, you only pay for the computing resources you need, and only when you need them. If you’re looking for a client-focused internet provider offering a range of services, LightBound is your IP solution. We are always at your service, contact us today!