Multi-cloud management involves the use of multiple services of cloud computing to monitor the use of several cloud platforms. It monitors private, public, as well as hybrid cloud platforms, and all of their user resources. This management service protects companies from outages and allows them to have a highly scalable backup for system, workflow, and data. Multi-cloud environments offer more control, more flexibility, and better protection against failures. Multi-cloud management mainly has two types, namely, cloud automation and task migration and integration.
Cloud Automation to Witness Maximum Growth
Cloud automation is expected to witness a fast-paced growth over the coming years. Cloud automation services automate the management of cloud-based services. Cloud automation in the multi-cloud environment allows companies to manage the entire lifecycle of deployment and use of cloud services on hybrid, private, and public clouds. The major benefits offered by cloud automation include improved quality and staff efficiency, fast deployment, lowered cost of maintenance, maximum utilization of resources, and enhanced responsiveness.
Task migration and integration services are also anticipated to have substantial growth over the next few years. The application of these services can be trifurcated into performance, storage, and project management. The deployment models can be categorized into public, private, and hybrid cloud. Companies select deployment models as per the business requirements and nature of data to be migrated, which further allows them to reduce costs and improve business flexibility, agility, interoperability, and reliability.
Market Overview
The worldwide multi-cloud management market is expected to register a healthy growth rate during the forecast period (2017 to 2022), reports a study available on Radiant Insights, Inc. The market is witnessing rapid growth on account of the rising penetration of various cloud computing solutions and services across various industries. The key companies in the market are Jamcracker, Inc.; Dell Technologies, Inc.; BMC Software, Inc.; Citrix Systems, Inc.; and CliQr Technologies, Inc. Product and technology development and M&A are the key strategies followed by market players to strengthen their market position.
For example, VMware, Inc. introduced a comprehensive multi-cloud management platform vRealize Suite 2017. This platform allows its users to deploy, manage, and operate application services across all cloud platforms including public and private. It also has capabilities of lifecycle management that can support cloud incorporation and data center modernization.
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