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Follow-up on Multi-Cloud Management – Progress Report

Level Set – What Is MCM? Why Is It Important?

On average, IT orgs manage two or more private clouds, two or more public clouds, and a total of six or more cloud services. Multi-cloud management is the process by which IT orgs maintain this complex hybrid IT environment with MCM platforms/applications as the hot, enabling technology of the day.

Mastering MCM is important because it establishes a new process that underpins the future of how IT services will be delivered. Workloads / Applications will find their home in the cloud/data center that best serves each’s individual requirements. Without efficient, secure MCM, IT orgs will struggle to evolve and risk antiquation.

Progress Report – Strong Projected MCM Growth Increase

According to ResearchandMarkets.com’s press release on March 21, 2018, the Global Multi-Cloud Management Market size is expected to reach $6.1 billion by 2023, rising at a market growth of 27% CAGR during the forecast period.

The major factors driving the growth of the market are 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.

Enterprise MCM Statistics at Q1 End

A Scalr report shows half of enterprises ranking disaster recovery as the top reason for implementing multiple clouds, with having a secondary platform for test/dev coming in as a close second at 46%. More than one-third (36%) cite federation of IT, such as extending self-service to teams without sacrificing policy-based controls, as a main driver.

To address the extra complexity, over 75 percent of enterprises are either currently using or evaluating a cloud management platform (CMP). 35 percent indicated they already have a CMP in place, and 40 percent are actively evaluating cloud management solutions, showing a clear acceleration of the cloud management market.

Security still stands out as the main concern around MCM/hybrid cloud use, with 62 percent ranking it as number one. Cost concerns come in second, and are followed by automation/orchestration and self-service.

How TekEfficient Fits with Your/Your Customers’ MCM Needs

TekEfficient can help source multi-cloud management applications that are the right fit from our growing list of vetted suppliers. At an earlier stage in the MCM process? Our team can help get you started on the right foot with consultation and roadmapping of your/your cusotmers’ hybrid IT objectives. A quick call/meeting is a great place to start with regard to identifying the right next steps. Let us know how we can help!