Multi-Cloud Models On The Rise Among Enterprises

According to a new report by Information Services Group (ISG), multi cloud environments are becoming more popular among enterprise customers, in order to support the growing trends in remote/hybrid work, as well as to integrate digital productivity enhancements

Cloud adoption among businesses rose dramatically over the last two years, but researchers note adoption is still moving at an impressive rate. In fact, ISG researchers discovered the Annual contract value (ACV) for as-a-service solutions jumped to a record $6.9 billion in Q3 of 2021, a 51% annual increase. ISG claims this is the fastest growth rate ever recorded in this segment since 2014.

Because cloud adoption often becomes a complex matter for enterprises relying on outdated, legacy infrastructure, business leaders are turning to managed service providers for advice on how to address their individual workforce needs with multi-cloud infrastructure.

“Enterprises have recognized that moving to the cloud is beneficial to their businesses,” said Bernie Hoecker, partner and global leader of ISG’s enterprise cloud transformation business. “They are increasingly willing to approach managed services providers to help them move to the cloud in the right way and choose the right cloud for a specific workload.”

Remote access is certainly a major priority for enterprises attempting to join the cloud, but artificial intelligence and machine learning integrations are becoming increasingly important for productivity, especially as companies attempt to deal with ongoing labor shortages across the globe. ISG’s report also finds many MSP customers are becoming interested in cloud-based finance operations, or FinOps, for more accurate management of cloud costs and resources.

The business world is finally recognizing the alternative benefits of the cloud, which is exciting news for MSPs aiming to attract a wider range of customers. Although remote access is still an important selling point, service providers should focus their attention on the less obvious reasons to upgrade existing legacy systems.

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