Hybrid cloud solutions popular among India enterprises
The global Hybrid cloud market is expected to grow from $33.28 billion in 2016 to $91.74 billion by 2021.
Hybrid cloud solutions are turning out to be a preferred choice for Indian enterprises for offering enhanced productivity and security, as per top executives.
Hybrid Cloud is an integrated service utilisng both public and private clouds to perform distinct functions within the same organisation.
According to Pune-based firm MarketsandMarkets, the global Hybrid cloud market is expected to grow from $33.28 billion in 2016 to $91.74 billion by 2021.
Even leading cloud-based service providers also testified that Hybrid cloud solutions can offer companies the best of both worlds. With it, companies can enjoy the flexibility of a private server and the advantages of public cloud.
Another recent IBM study says the main reasons for adopting Hybrid cloud is lowering total cost of ownership, facilitating innovation, enhancing operational efficiency, and meeting customer satisfaction easily.
The IBM study, based on in-person interviews and surveys of more than 1,000 C-suite executives, also pointed out that companies who currently use Hybrid Cloud infrastructure can easily expand their business, create new revenue sources, and support business models.
Several firms including Microsoft, Dell-EMC, Hewlett-Packet Enterprise, Amazon Web Services, and several others are trying to benefit from the growing Hybrid cloud industry.
Cloud is the future but faces risk from security attacks which might prove costly for companies. With the right set of compliance standards, secure connectivity, firewalls and gateways deployed, Cloud can prove to be so much more than a secure extension to the on-premise deployment.