Developing a multicloud strategy opens up new opportunities for companies to create data-driven business models. Therefore, now is exactly the right time to do it. However, it also presents companies with new questions they need answers to. Here they are.
Multicloud leverages all the benefits and capabilities of the cloud
Cloud environments bring scalability and flexibility, facilitating access to mobile data streams and portable workloads. Multicloud infrastructures go much further. They enable workloads to be moved to the optimal environment and offer the right provider and storage location for each application at the best possible conditions. Even more, they separate data streams and critical functions into separate pieces across multiple clouds, increasing resilience and productivity.
Multicloud infrastructures thus enable a new form of flexibility and agility and create the basis for new data-driven business models and entrepreneurial growth. In this context, the integration and continuous development of functionalities is the key to transforming and differentiating companies and thus to securing decisive competitive advantages.
Successful multicloud use needs the right strategy
Getting all this done requires some management effort. It doesn’t change the risks and challenges involved, but can create additional ones. To be effective, you need a consistent, resilient and flexible multicloud strategy where the necessary features and capabilities can be monitored and built out. Several factors come into play here.
5 factors of a successful multicloud strategy
Data quality: Data is a company’s most important asset today, as it provides valuable insights and is a source of innovation. Simply hoarding it in the cloud is not enough. To identify and derive its added value, it must be processed, aggregated, consolidated, analyzed, understood and shared. Making the data accessible for tactical and strategic decision-making is an important part of a multicloud strategy.
Corporate culture and skills: A multicloud strategy means organizational change and must extend beyond technology to all employees. The cloud itself must be integrated in a way that empowers employees and creates a platform for collaboration.
Connectivity: A multicloud strategy leads to extended connectivity challenges. Both between a cloud platform and the on-premises enterprise network and between the different cloud platforms. Stable connectivity must be ensured for secure, decentralized and effective use of all integrated cloud services.
Cost control: There are many companies moving to the cloud expecting operational savings. However, without a well thought-out strategy, they can easily lose track of costs, which can spiral out of control as utilization increases. Cost control must therefore be integrated into the overall cloud strategy. Higher operating costs must always be linked to corresponding additional revenues, following an OPEX model.
Security: Cloud security is a topic that is as complex as it is crucial. The individual cloud providers are aware of this and offer the highest level of security for their components. When these are integrated into a multicloud strategy, the security skills and expertise of a cloud integrator are needed from the start of planning.
This is where your multicloud strategy starts
A multicloud strategy is always as individual as the respective company with its priorities, applications and data structures. It must take into account all specific requirements and optimally align the benefits and opportunities with the goals set.
In our latest e-book, “Business Accelerator with Future Proofing: The Path to a Successful Multicloud Strategy” – available in German – we explain how to develop a consistent, resilient and flexible multicloud strategy that turns challenges into opportunities and empowers you to turn potential problems into successful solutions.
This post is also available in: German