Enabling Multi-cloud: A Strategic Move for SMEs in India in 2023

Bringing together the best of both worlds under a compact framework, multi-cloud ensures added functionality and security in a business. As per a recent survey the public cloud is the most preferred model, as both large and small enterprises are making the most of it with 51% deployment. While private cloud deployment stands at 31%, enterprises are increasingly moving towards multi-cloud to enjoy the best of the technology. However, before we move into a deeper understanding of how businesses are embracing this cloud solution, let’s understand what a multi-cloud is.

What is a Multi-Cloud Strategy?

A multi-cloud strategy is a seamless consolidation of two or more cloud computing services. It generally refers to a blend of public infrastructure-as-a-service (IaaS) environments, for example, Microsoft Azure and Amazon Web Services. However, it can extend to the implementation of multiple software-as-a-service (SaaS) or platform-as-a-service (PaaS) cloud capabilities.

Industry Outlook to Embrace Multi-Cloud Strategy

Today more and more industries are deploying multi-cloud due to redundancy and vendor lock-in concerns. Also, secondary factors like business and technical goals act as major boosters. The aim to implement price-optimized cloud services, better speed, features, and capabilities are the driving factors for the prime business sectors, like retail, IT, and BFSI.

According to NASSCOM, sectors like e-commerce and internet companies, which are already operating on the cloud, spent around 30% of their technology budgets on cloud solutions scooping out revenue through immersive commerce while engaging with a higher number of digital consumers. Technology leaders affirm that the cloud, once perceived as unstructured, has now come back better and stronger in a multi-cloud avatar.

The computing and infrastructure offerings of a multi-cloud empower brands to go experimental with data and strategize a go-to-market plan within weeks, enabling faster product launches, flash sales, or just data computation in minutes. As companies are going data-centric, a high speed- low latency infra of the multi-cloud serves them well, ensuring easy scalability throughout the business operations.

How can SMEs use a Multi-Cloud Strategy to their Advantage?

Variety is the spice to business growth. With more options comes greater chances to invest in the enablement of digital transformation without getting stunted by a single service or putting in a huge capital.

Here are some of the best ways how small and medium enterprises in India can leverage multi-cloud solutions:

• Security Enhancement

  As some light is already shed on this aspect, even when a single downtime hour can incur a huge loss, multi-cloud reduces the risk with optimal computing resources. multi-cloud inhibits the threat that a distributed denial of service (DDoS) attack could have on mission-critical applications offline.

• Increased ROI

  SMEs can pick and choose customized solutions meant for their businesses. As business needs diversify, allocating resources to different cloud providers maximizes outcomes while optimizing cost. Businesses pay for only what they use.

• Stay Above Vendor Lock-Ins

  Since operations are not dependent on any singular vendor services, maintaining and switching between vendors is easier than ever. This helps in significant cost optimization and faster transactions.

• Reliable Architecture

  Single service failure may take the entire business offline, losing out on digital operations. Using multiple cloud solutions helps businesses to reduce single-point failure.

• Better Business Continuity

  Lower downtimes, reduced risk of disaster, and optimal security imply an improvement in the overall business processes, ensuring that business never stops.

Managing Multi-Cloud Made Easy with Tata Tele Business Services

Businesses of all shapes and sizes look for improved productivity, reduced costs, and a seamless workflow. Taking care of the bits and pieces of an organization’s IT framework is a tough job, even with a dedicated IT team in place. Especially in the era of massive digital disruption when technology is shifting gears every minute, managed services partner is always there for your rescue. This is where our team, a trusted partner, comes into the picture to help you manage complex cloud needs with our simplified multi-cloud services.

Multi-Cloud Strategy a Smart Move for SMEs

To sum it up, taking into account all the benefits and effectiveness of a multi-cloud strategy, small and medium enterprises, in particular, will gain considerably in the coming years. Mutli-cloud strategy will enable advanced data security, 24/7 support, and overall technology cost optimization. Especially if outsourced, SMEs can reach a heightened IT framework, taking their business to the next level.

Looking for a trusted managed service provider to manage your complex cloud needs? Connect with us.