Adopting a Multi-Cloud Strategy for Agility and Value

Depending on a single cloud platform can streamline operational management and appear cost-effective at first. However, the current business needs have become increasingly complex and evolving fast.

Enterprises spanning operations across borders are obliged to stay aligned with the latest security and governance regulations while responding to changing customer needs. Peak performance, scalability, and agility, delivered with minimal disruption, are now mandatory for competitive advantage. Adopting multi-cloud migration helps companies achieve these objectives.

Multi-cloud migration allows companies to increase flexibility, improve stability, and leverage the “best-of-breed” cloud services. More companies are realizing its benefits. A study indicates that the multi-cloud market is predicted to hit USD 50.04 billion by 2030.

Multi-cloud migration offers ample strategic benefits, including prompt disaster recovery, improved resilience, and lower latency. However, this migration approach risks integration complexities, cost overruns, and compliance concerns. Strategic guidance is crucial; this is where an advisory-led multi-cloud approach becomes essential.

Read the blog to explore the benefits of embracing multi-cloud in driving business value and how cloud digital advisory plays an important role in delivering its success with minimal organizational disruption.

A major challenge for companies is vendor lock-in and the resulting uncontrolled cost overruns. Growing reliance on a single vendor over time limits scalability and stifles innovation, while switching cloud vendors often requires an exorbitant investment.

These cloud migration concerns are prompting businesses to shift to a multi-cloud strategy. A study affirms that 37% of organizations have adopted multi-cloud architecture to avert vendor lock-in. 58% of CIOs have observed fewer service disruptions post multi-cloud migration, enabling operational agility and value.

A multi-cloud approach effectively mitigates business risk. Embracing a multi-cloud strategy has multiple benefits:

• Get the best of each cloud: Multi-cloud empowers businesses to select diverse cloud services from multiple vendors depending on features and business needs—performance, speed, security, and compliance. For instance, AWS offers large-scale storage and robust security infrastructure. Azure’s deep integration with enterprise-critical Microsoft stacks makes it a powerful cloud ecosystem, whereas Google Cloud excels in AI and analytics.
• Avert vendor lock-in: Multi-cloud environments streamline and accelerate the development process. These infrastructures support the straightforward movement of data and applications from one cloud vendor to another with minimal disruptions. Organizations can determine the stack of cloud tools based on business needs, cost, and interoperability. Banks, for example, implement hybrid strategies that include both on-premises and multi-cloud. On-premises are used for core functions and handling confidential data. On the other hand, multi-cloud helps institutions meet compliance and security requirements and realize operational scalability.
• Optimize cost management: A major reason for businesses adopting this strategy is that it offers cloud services at competitive prices. A company can shift its non-critical work processes to budgeted cloud platforms while moving high-value and demanding processes to a premium cloud architecture.
• Innovation: Multi-cloud strategy enables seamless interoperability across cloud systems. Businesses have the option to work with a variety of tools to develop and then integrate the innovations into other cloud platforms. It empowers companies to quickly provide customers with new features and test the services with minimal system disruption.
• Enhanced security and compliance: Multi-cloud strategy helps companies choose cloud services and tools with the best built-in security and compliance features, such as HIPAA, GDPR, and PCI. It also ensures you maintain the regulations consistently across all workloads.
• Fewer Outages, More Reliability: The distribution of workloads across different cloud platforms significantly reduces the issue of downtime or operational failure. Hence, in case of a cloud outage, businesses can shift the workload to another cloud provider. For instance, a financial organization experiencing an outage in the payment processing system can swiftly reroute the system workflow to an alternative cloud provider. This avoids potential missed opportunities and ensures service continuity.

Many companies still struggle to successfully implement cloud due to a lack of clear vision and execution roadmap. In fact, a Gartner report predicts that 25% of companies would experience notable dissatisfaction with cloud adoption by 2028. Cloud digital advisory helps companies overcome the complexities of cloud enablement through a curated cloud transformation strategy.

Here is a list that highlights the ways cloud digital advisory professionals enable businesses to achieve functional agility:

• Merge cloud initiatives with business goals: Cloud digital advisory assesses a company’s cloud readiness and its need for the migration. They evaluate factors such as ready-to-market, scalability, customer, workload, revenue, and operational infrastructure. Reliable cloud digital advisory, such as Evoke Technologies, can help businesses develop a curated cloud roadmap aligned with business objectives. Evoke’s cloud experts also assess cost structure, compliance, dependencies, and potential technology vulnerabilities. This enables companies to prioritize workloads for migration with fewer disruptions.
• Enables quick decision-making: Cloud digital advisory professionals offer a more profound understanding of cloud costs, performance, and realized value. They leverage business KPIs, implementation frameworks, and FinOps tools to deliver actionable insights that power faster and more informed decision-making. This includes identifying the scope of workload shifts, increasing scalability, and optimizing resource use, or re-determining cloud spending.
• Mitigates operational friction and accelerates innovation: Cloud migration is often fraught with technical complexities, data silos, integration issues, lack of planning, and resistance to change. Cloud digital advisory addresses these problems by implementing standardized architecture, proven lifecycle management practices, and validated frameworks. This reduces technical debt and helps organizations focus more on innovation and deployment than on patching inefficiencies.
• Ensuring operational continuity during change: Cloud migration is the start of an ongoing journey, not a one-time venture. Maintaining operational agility demands continuous monitoring and governance. Cloud digital advisory professionals support resilient hybrid and multi-cloud operations while enhancing disaster recovery, risk management, and compliance protocols. This allows businesses to respond to market changes without impacting operational stability, security, and regulatory norms.

A well-thought-out multi-cloud strategy enhances operational resilience, scalability, innovation, and agility. However, realizing its full potential needs more than implementation alone. Companies need to have clarity about governance and architectural frameworks, the right suite of cloud vendors, and cost analysis. Attempting to set up a multi-cloud framework without the right strategy can quickly become complicated. Cloud digital advisory ensures that these do not happen.

Evoke Technologies’ cloud digital advisory services provide the strategic clarity needed for effective multi-cloud implementation. The advisory professionals help determine cloud services aligned with operational needs. Their insights and guided interventions help in establishing a multi-cloud strategy that focuses on delivering business value.

Connect with Evoke’s cloud experts to find out how multi-cloud can enhance your cloud capabilities and drive value.