When it comes to cloud computing, companies typically have three options: a private cloud, a public cloud, or a hybrid cloud which combines elements of both. While private and public clouds are more common, hybrid cloud technology is on the rise. In fact, analysts believe the global hybrid cloud market will grow from $44.6 billion in 2018 to $97.6 billion by 2023.
Public. Private. Hybrid.
Why Hybrid Cloud Computing?
With a hybrid cloud model, companies get the best of both worlds: the power and agility of a public cloud and the safety and elasticity of a private cloud. Businesses love hybrid cloud technology because:
- It’s scalable: In a hybrid cloud environment, users can leverage the power of a public cloud to increase operational capacity, all while keeping critical applications and workloads in a private cloud. this enables companies of all sizes to more effectively compete with larger, more established rivals.
- It’s secure: For most companies, securing sensitive data is a top priority. With hybrid cloud computing, businesses can leverage the security of a private cloud while enjoying the power and capabilities of a public cloud. This reduces the risk of an embarrassing and costly breach.
- It’s affordable: The ability to shift to the public cloud whenever there are spikes in demand means companies don’t have to invest in expensive infrastructure that may sit idle during slow periods. The result? Significant cost savings and increased agility.
- It’s flexible: Few companies can predict how their needs will change from month to month or year to year. With hybrid cloud management, organizations have the freedom and flexibility to address whatever the future may bring.
Example of Hybrid Cloud Deployments
While the main hybrid cloud benefits include flexibility, affordability, security, and scalability, there are many other reasons to consider deploying a hybrid cloud. A real-world example of hybrid cloud deployment is gaming manufacturer Sega. The company uses a hybrid cloud to provide a scalable and agile testing environment for developers. Banking and finance company ING Financial leveraged a hybrid cloud to significantly reduce costs. As a bonus, the company also cut down on energy consumption.
Is Hybrid Cloud Right for You?
Not sure what type of
cloud computing is right for your business? Have questions about hybrid cloud
management? Consult with Cloudstrats to discuss your unique needs and
challenges. The right consultant can help you choose the right model and select
a cloud service provider that can meet your needs.