As companies worldwide dive deeper into digitization, they’re increasingly looking towards the cloud for solutions. According to a survey, an impressive 95% of businesses are leaning into a multi-cloud strategy, recognizing it as a crucial piece of the puzzle in a post-pandemic landscape.
Chief Information Officers (CIOs) and their tech allies can make smarter moves to improve operations and boost their multi-cloud game. This includes smart data handling, being honest about costs, and finding new ways to work together more efficiently. Right now, there’s a lot of cash and effort disappearing into thin air as companies explore the multi-cloud maze without a proper map.
A VMware study shed light on a startling fact: on average, about 40% of the money thrown at the cloud just vanishes, spent on services and storage nobody actually uses. This not only eats into customers’ wallets, but also weighs on investors, partners, and the environment.
Here are some insider tips on how to tighten up resources and make the most of the multi-cloud approach while embracing the world of partners and clients:
Evolving the multi-cloud landscape:
With more businesses moving to the public cloud, we’re looking at a spending increase to about $725 billion by 2024. Data management and Infrastructure-as-a-Service are where the action is, and growing fast. A tactical approach for those invested in the cloud could mean less waste and a much healthier multi-cloud environment.
Intelligent managed services:
Managed services are becoming the talk of the town, especially for firms that can’t boast huge tech teams. Giants like Microsoft and Amazon are offering CIOs a helping hand to keep their data and IT budget on point. This, paired with assistance from service vendors, can give companies the room to innovate and grow sustainably. VMware Cross-Cloud Managed Services, for instance, provide a way to hit sustainability targets with clearer reports, smart automation, and slick app management.
Transparent costs:
It’s super important to see the big picture with cloud migration. This means understanding every dollar spent, from the first steps to the ongoing operations, and even future cloud ventures. Clear cost audits and comparative benchmarks are key to keeping it transparent. Only by fully understanding the financial journey and its potential benefits can businesses truly get a handle on cloud waste.
Simpler pricing, fewer headaches:
The cloud market is a busy place, with pricing plans aplenty. The confusion can cost in more ways than one, prompting firms to hire procurement crews just to navigate the maze. Simpler, more consistent pricing can help match business needs with actual costs, cutting through the confusion and aligning everything much more smoothly.
Better together in the cloud:
Cloud migration can be a lonely and puzzly quest. To ditch the inefficiencies, sharing data and resources with others is a game-changer. As the cloud world expands, providers must come together to streamline the entire process, reduce duplication of efforts, and get to solutions quicker. For example, the Schibsted Media Group mastered its digital shift by teaming up with VMware, Kyndryl, and AWS, allowing them to hop between cloud services without a hitch.
Choosing your cloud adventure:
Each organization’s cloud journey is its own epic story, and there’s no one-size-fits-all. From managing apps to choosing the right automation tools and storage options, there’s a lot to consider. AWS and Google Cloud, for instance, offer a smorgasbord of services whether it’s for disaster recovery or compliance-oriented archiving, all customizable based on business size and need.
Vision that brings everyone on board:
A solid cloud strategy is not just about the right tech mix; it’s about making the operation smooth, less cluttered, and fundamentally secure. VMware is keen on teaming up with businesses of all sizes to tackle their biggest data dilemmas and come up with solutions tailored just for them. Having a shared goal between partners and clients makes the battle against cloud waste a collective effort.
If you’re intrigued by how VMware could make your cloud collaboration a dream come true, take a peek at their offerings and maybe strike up a partnership for the best results.