Multi-Cloud is Not Just About Vendor Flexibility
With the promise of unmatched IT flexibility, better cost structures and greater business efficiencies, the multi-cloud model is seeing strong adoption by companies of all sizes, across industries. According to Gartner, the multi-cloud market size is estimated to reach $240 billion by 2019. The concept has been defined in extremely simple terms – as using two or more cloud service providers across a single IT environment. It also incorporates the notion of hybrid IT, i.e., multi-cloud services may involve public clouds, private clouds, virtual private clouds, and other types of virtualized infrastructure such as hyperscale data centers.