10 Dec 2019: IBM (NYSE:IBM), IBM Institute of Business Value (IBV) on the Hybrid Cloud market in India, titled, ‘Next-generation hybrid cloud powers next-generation business’, revealing that almost 60% of the Indian organizations surveyed plan to have all their data on cloud in the next ten years, of which 99% will use multiple hybrid cloud within the next three years. Further, almost 50% of the respondents surveyed believe that more than 80 percent of the organizations will adopt a cloud-first-strategy more than 80 percent of new apps will be built in the cloud more than 80 percent of new apps will be developed using containers Hybrid cloud is all set to emerge as the cutting-edge cloud technology for the next-generation business worldwide, it emphasized. It adds immense value to an organization’s data and computing prowess by permitting interoperability seamlessly across all three standardized technology interfaces: Linux, Open Container Initiative, and Kubernetes. (Original Source)
The major players of Hybrid Cloud Market include Hewlett Packard, Microsoft, IBM, Cisco, Equinix, Oracle, Vmware, Citrix Systems, Rackspace, Amazon, Terago Networks, Inc., Dell, Panzura, Vmturbo, Google, Rightscale, Verizon Communications.
Enabling organizations to innovate with scale and agility, improving responsiveness and constraining cost, despite growing complexity. However, despite the growth of cloud over the past decade, for most organizations, the first Chapter of Cloud saw only 20 percent of workloads moving to the public cloud—and these are not yet companies’ core mission-critical workloads. The 80 percent that remains is where real enterprise value lies. The industry is now at an inflection point, it added. Hence, next in the cloud’s story, businesses need to unlock the door to a new layer of benefits, especially those relating to “cloudification” of mission-critical applications. New levels of data portability and interoperability offered by the hybrid cloud will help companies realize the virtue of “write once, run anywhere”
Hybrid cloud is a cloud computing environment that uses a mix of on-premises, private cloud and third-party, public cloud services with orchestration between the two platforms. By allowing workloads to move between private and public clouds as computing needs and costs change, hybrid cloud gives businesses greater flexibility and more data deployment options.
The disaster recovery solution is expected to grow at the highest CAGR during the forecast period as it provides the benefit of business continuity for the enterprises. The hybrid hosting solution is expected to have the largest market size because it combines scalability and flexibility of virtual cloud servers with the security and performance of dedicated hosting. In terms of services, managed services show great opportunities and the segment is projected to grow at the highest CAGR during the forecast period.
Hybrid Cloud market is segmented types such as Cloud management and orchestration, Disaster recovery, Security and compliance, Hybrid hosting. Market Segmentation by Applications: BFSI, Consumer goods and retail, Education, Government and public sector, Healthcare and life sciences, Manufacturing, Media and entertainment, Telecommunication and ITES, Others (For More Information On This Report, Please Visit)
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