Q&
YASSER ZEINELDIN, CEO,
EHOSTING DATAFORT
EDITOR’S
, C
in
by 2023, rising at a market growth of 27%
CAGR during the forecast period according
to ResearchAndMarkets.com.
It also highlights that the major factors
driving the growth of the market are the
unreliability of single cloud types, growing
inclination towards price-sensitive cloud
deployments, vendor lock-in issues and
growing need for policy compliance from
regulatory bodies for data protection.
Multi cloud adoption will also see the
increasing need for cloud service providers
T
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, eH
os t
in g D
ataFort
o begin with, cloud adoption is shaping
the way businesses are moving
towards their core objectives. Added to
this is the fact that enterprises are consciously
leveraging multiple cloud scenarios to
optimise their application workloads.
They focus on being able to gain from the
unique capabilities that the different clouds
offer, avoid vendor lock ins and to optimise
costs. The growth of multi-cloud adoption
among businesses is expected to increase
exponentially over the next few years.
The Global Multi-Cloud Management
Market is expected to reach US$6.1 billion
50
With the increasing use
of multi cloud, what
we are bound to see
is the growth in cloud
management platforms
(CMP) which will steer
the multi cloud usage
effectively and build on
Digital Transformation
initiatives.
to adhere to data protection regulations
which have seen a significant increase across
geographies as well as business streams.
Also, the European Union’s General
Data Protection Regulation (GDPR), the
payment cards indistry’s PCI-DSS and HIPAA
compliance for healthcare security are
gaining ground.
Attaining and maintaining regulatory
compliance involves huge costs and time
for customers. Given this environment,
customer needs are now accelerating
the rate at which service providers are
consciously adding value to their services by
attaining relevant certifications.
Another significant aspect that is being
focused on is the security transformations
that are now becoming inherent in
the adoption of multi cloud networks.
What customers are working towards is
consistency and speed in securing their
networks and moving towards an integrated
security approach rather than a fragmented
model. This is creating opportunities in
the growth of Security Operation Centre
(SOC) services and also a spike in managed
security services usage.
With the increasing use of multi cloud,
what we are bound to see is the growth in
cloud management platforms (CMP) which
will steer the multi cloud usage effectively
and build on Digital Transformation initiatives.