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IBM CIO Roundtable
6 Feb 2019
Innovate & grow with Hybrid Cloud
The ‘one-size-fits-all’ is a passe when it comes to cloud adoption strategies. Different business needs, geographies, regulations, security challenges, skill sets call for a mix approach for cloud adoption and hence, hybrid cloud is the way to go! According to a survey by Markets and Markets, the global hybrid cloud market will grow at 22.5% CAGR from USD 33.28 billion to USD 91.74 billion by 2021. As enterprises gradually look to deliver outcomes with higher value services such as artificial intelligence, data analytics, Internet of Things, blockchain, the need arises for an open cloud architecture including communities such as OpenStack, Docker, Cloud Foundry etc.
The digital era is triggering greater use of applications and the legacy infrastructure fails to handle the mammoth demand. The public cloud also struggles with challenges such as access time and latency. In addition, if we resort to migration, security remains a key concern. On the other hand, the hybrid cloud market helps us to enjoy the elements of both worlds—private as well as public. And the way forward is to build a private cloud that can modernize heritage applications, containerize and cloud-enable them. It can also give enterprises more control over their innovations so that they can enjoy the best of both world. Join the Economic Times Event on Hybrid Cloud to understand how to build open, cloud native apps with public services and run them anywhere—on public cloud or on your existing on-premises systems with your application platform.