Global Firms Deploy Multi-Cloud Business Models
The vast majority of global organizations are adopting multi-cloud business models, according to a recent survey from Equinix. And most of the companies will operate these clouds in more than one country, findings reveal. In addition, they will have more available tech budget funding to move apps related to storage and backup, disaster recovery, business intelligence and other functions to the cloud. In pursuit of reliable and secure performance, many technology decision-makers will turn to third-party colocation vendors for connectivity and infrastructure needs. The availability of high bandwidth obviously ranks high on their list of criteria in selecting a provider. "Multi-cloud strategies are becoming the norm worldwide," says Ihab Tarazi, chief technology officer at Equinix. "Businesses have discovered that colocation provides a meaningful ROI … and it is clear that multi-cloud deployment will improve the ROI even more." Nearly 660 global IT decision-makers took part in the research, which was conducted by Dimensional Research.