As businesses develop their cloud-first strategy, the choice of public cloud provider is a critical component. Businesses want the flexibility and convenience of using these clouds as well as the ability to derive the full benefits from their cloud service provider. Most importantly, using public clouds correctly should lead to significant cost savings for organisations, giving them the capability to quickly “spin up” solutions that would take far longer to implement on-premises.
A study by IDC has shown that by the year 2022, over 60% of global GDP will be digitised with growth in every industry driven by digitally enhanced offerings, operations and relationships. Adding to that, the top four cloud “megaplatforms” will host 80% of IaaS/PaaS deployments and by 2024, 90% of G1000 organisations will mitigate lock-in through multi and hybrid cloud technology and tools.
The study also shows that by 2023, 75% of all IT spending will be on 3rd platform technologies. This is because over 90% of all enterprises build “digital native” IT environments to thrive in the digital economy.
With the usage of cloud growing, organisations are starting to realise that they don’t have to tie themselves to a single public cloud provider. They are seeing that having a multi-public cloud strategy allows them to select clouds for their different needs based on each cloud provider’s merits. When an organisation uses multiple public clouds, they avoid vendor lock-in and are able to benefit from each of the public clouds’ particular strengths.
In general, the main benefit of public clouds is generically the flexibility they come with. Organisations are able to only spend on what they need at the time they need it. Managed correctly, public clouds should cost far less compared to a private cloud, especially when you factor in the low capital outlay.
As companies get more comfortable with the idea of utilising a multiple public cloud strategy, they are able to make choices based on cost, performance and application capability – potentially moving between clouds as these dynamics change. Today, the number of public cloud service providers is growing. All of which may have something better to offer than the other depending on what your organisation is interested in.
Take for example e-commerce. Many public cloud providers offer solutions for this industry. But when you select a cloud provider to build an e-commerce platform, it makes sense to work with one that has a proven track record in this field. Alibaba is a great example of this. Their business has been built on one of the world’s most successful e-commerce trading platforms, so it stands to reason that Alibaba Cloud may be a great choice as an e-commerce public cloud provider. If you consider the capabilities, it really is amazing. The platform handles transactions of nearly USD $31 billon just for its annual Double 11 Shopping Festival (Singles’ Day) – using a combination of big data, machine learning and AI to enhance the e-commerce experience for all users.
In the South East Asia region, global market leaders in the public cloud sphere arrived on the scene early and dominate the market share here locally. However, companies like Alibaba Cloud are here to stay and as your own company looks to leverage the benefits of multi-cloud, looking at the strengths of providers like Alibaba Cloud makes a lot of sense.
So, if your organisation is considering looking at various public cloud providers, you might want to also consider having a look at the wealth of services and solutions delivered by Alibaba Cloud by clicking here.
As cloud becomes ever more so important, it also needs to have a robust security capability. Download this spotlight on Alibaba Cloud's security capability to find out.