This article will talk about a hybrid cloud model and its benefits. We will also discuss the different types of cloud computing and whether a hybrid cloud model is right for your business.
In this article
As per a report published by Statista, the hybrid cloud industry was worth US$56 billion in 2020 and is predicted to reach US$145 billion by the year 2026. The report also mentions Google Cloud, Microsoft Azure, and Amazon Web Services (AWS) as being among the many organisations that have adopted a hybrid cloud strategy. The study highlights the rising trend of businesses worldwide opting for a hybrid cloud model.
Businesses can benefit from hybrid cloud technology in many ways and can manage their services and the distribution of resources using cloud management software. In a nutshell, many organisations might be potentially moving to a hybrid cloud setting for various reasons, a few of which include flexibility, cost-saving, and workload management.
What is a hybrid cloud?
A hybrid cloud is an IT environment —collective components of an organisation including hardware, software, applications, and other systems— with a combination of private and public clouds working in tandem with each other. A private cloud refers to an IT environment that offers security to organisations for storing data, ensuring that sensitive information is not available to users outside the organisation. On the other hand, a public cloud lets an organisation share data and resources with an outsider or any third party.
For instance, suppose an organisation named ‘A’ is working on a hybrid cloud model. In this case, the public cloud would perform all the non-critical activities —such as email handling. The private cloud —on the other hand— would carry out other critical or more sensitive activities, such as creating a database server. A consumer named ‘X’ in such a setting would only have permission to access the public cloud and not the private cloud. Hence, a such a model might give businesses the freedom to share only those resources or services with the customer that are not critical to the organisation.
What is cloud management software?
Cloud management software helps businesses handle and keep track of data, applications, resources, and services available in the cloud. The main objective of this software is to make sure that the cloud computing infrastructure —which includes both hardware and software elements— is functioning effectively and interacting with customers and other resources in the approved manner.
What are the different types of cloud computing?
There could be many different types of cloud computing, out of which the four commonly used types —as per RedHat.com— include public clouds, private clouds, hybrid clouds, and multi-clouds. Below, we explain the differences between all four.
What are the benefits of a hybrid cloud?
According to a survey conducted by Gartner in 2020, most respondents said that their businesses are planning to increase IT spending on cloud computing in the upcoming months. The report further claims that growing changes in cloud infrastructure and platform services (CIPS) could make the cloud one of the most dominant and widely used platforms. As a result, 40% of an organisation’s workload will be installed in CIPS by the year 2023, an increase of 20% from 2020. We will now explore some benefits of a hybrid cloud model.
Flexibility to shift IT environments
A hybrid cloud model can provide businesses with an opportunity to shift their IT environments as and when required. For instance, an organisation can move a particular service that is not data-sensitive to the public cloud and free up some space in the private cloud to store more sensitive data.
Better integration of varied environments
A hybrid cloud structure can help organisations integrate and connect different cloud-based services (such as private cloud and public cloud) with applications and resources available on-site, enabling them to work together. A hybrid cloud setup could also provide interoperability, meaning that two different cloud systems could keep in touch with each other and exchange information in a manner that may be understandable to both.
Could provide elasticity in case of budget constraints
At some point in time, an organisation may face some variation in the demand and supply of resources. A hybrid cloud model —in such a case— may offer elasticity. Elasticity here would mean an organisation’s ability to scale up and down resources as and when required, keeping in mind the current need of the business. This ability could prove effective, especially when there may be a need to reduce costs.
Helps organisations comply with regulatory requirements
As far as complying with security protocols is concerned, a hybrid cloud model could allow organisations to cater to such requirements. Such a setting could enable organisations to store confidential data in the private cloud while also working and running operations in the public cloud. Businesses would have the option to move their data according to the security regulations in place, helping ensure compliance with regulatory requirements.
Could lead to cost savings
According to a study by IT Brief, a private cloud requires high maintenance and has greater upgradation costs unlike a public cloud, which is relatively cheaper. It means that the resources and services used in a public cloud might be more affordable than those in a private cloud. Suppose if an organisation would not want to spend too much money on cloud services, it can carry out some functions in the likely cheaper public cloud. The same organisation can also use a private cloud for other essential services.
Is adopting a hybrid cloud model right for your business?
As per a report by Telsyte, about 65% of organisations have adopted a hybrid cloud model in Australia. The study also claims that this number will increase in the coming years. But is a hybrid cloud model suitable for your organisation? While a hybrid model may not be ideal for companies of all sizes and in all industries, for organisations that function with critical data and sensitive information such as in the finance industry, the healthcare sector, and government bodies, a hybrid cloud setting might be a useful option.