Businesses adopt a multi-cloud strategy for several compelling reasons:
Risk Mitigation: Using multiple cloud providers reduces the risk of downtime and data loss. If one provider experiences an outage, services can be shifted to another provider. Cost Optimization: Different cloud providers offer various pricing models and discounts. Businesses can optimize costs by choosing the most economical provider for specific workloads. Flexibility and Scalability: Multi-cloud provides the flexibility to scale operations elastically across different platforms, accommodating varying workload demands. Avoiding Vendor Lock-In: Relying on a single provider can lead to dependency. Multi-cloud ensures businesses are not locked into any single vendor's ecosystem. Data Sovereignty: Multi-cloud allows businesses to comply with local regulations by keeping data within specific geographic boundaries.