Hybrid Cloud Market to reach $173.3 billion by 2025

Hybrid Cloud Market to reach _173.3 billion by 2025

The hybrid cloud business is growing at is expected to reach a whopping market value of $173.3 billion by 2025- claimed a recent study.

The pandemic has accelerated the digital transformation journey of most enterprises. To succeed in this journey, most enterprises are eying the hybrid cloud. A recent study conducted by Market Research future states that the hybrid cloud market will reach a value of $173.3 billion by 2025.

Even though the demand for hybrid cloud computing is growing, most enterprises struggle to find the right ways to adopt it, and the main reason seems to be the inability to integrate it with existing infrastructures. A study conducted by enterprise cloud computing brand, Nutanix indicates that around 70% of enterprises believe it is taking longer than expected to integrate the technology.

Nearly all respondents in the study stressed the advantages of a hybrid cloud environment, which is consistent across multiple clouds such as on-premise and public. This will also set to eliminate the challenges faced by enterprises to operate at a shortage of staff.

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Since flexibility has emerged as a necessity in today’s new reality, relying on public and private clouds is not an option. Enterprises must have an adaptable IT infrastructure; provide a seamless experience, tooling, and operational practices across multiple cloud channels. This will enable them to migrate applications and data to the most relevant cloud environment.

By implementing an infrastructure based on an ideal hybrid cloud environment, enterprises can reduce the IT infrastructure complexity where it is most needed.

Few challenges faced by today’s enterprises when managing both public and private cloud infrastructures are:

  • Over-reliance on the public cloud: By providing agility and an increase in operational efficiency, public cloud revolutionized the IT industry. While its ideal for applications and job roles, its importance is receding as the environment has become much more dynamic. Running business-critical applications on a public cloud environment poses a concern for enterprises in terms of reliability, portability and cost.

Most enterprises also struggle to move their business-critical applications due to complexity or cost. Also, the need to restructure and re-platform the applications and the complexity of migration, top the concerns chart that prevent enterprises from porting applications.

  • Finding the right skills for Hybrid cloud: Most enterprises are already struggling to find IT skills. The issue only becomes more severe when enterprises have to seek out professionals that can manage both public and private cloud infrastructure since both these platforms require a different skillset.
  • A widened skill gap increases the inefficiencies: As public and private cloud environments required enterprises to rely on different teams, silos are created, which impacts the business operation at scale, especially when enterprises are trying to optimize the available resources.
  • Portability: Not an option anymore, since software licensing or subscription licensing plays a key role in a hybrid IT infrastructure for most enterprises as most of them run into difficulties surrounding the cloud licensing.

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Organizations cannot rely on a particular cloud environment anymore. The ability to seamlessly shift between different cloud environments and ensure the safety of their clients’ data is the only way for enterprises to sustain their business operations. Opting for a hybrid cloud environment and the ability to overcome the challenges that come with it, will decide most enterprises’ future.