As companies around the globe undergo digital transformation, the cloud is proving invaluable in providing the scale, agility and flexibility they need to stay competitive. Adoption is growing at such a rate that analysts expect spending on the cloud to grow at more than six times the rate of general IT spending by the end of 2020.
As a result of capitalizing on this demand by positioning itself as an integral partner for organizations as they move to the cloud KVM VPS in Europe, Microsoft recently reported quarterly revenues of almost $10 billion for its Intelligent Cloud Offering. With a recent analyst report predicting that the hybrid cloud market will more than double from $44.6 billion in 2018 to $97.64 billion in 2023, and with around a quarter of organizations likely to adopt a hybrid multi-cloud approach, this strategy can be seen as a particularly shrewd move. After all, with businesses utilizing a mixture of services from different providers, Microsoft will have access to an ever broader pool of customers.
However, as hybrid cloud adoption becomes more widespread, optimizing this new infrastructure and assuring its services will become increasingly critical, although doing so will present a new set of challenges that organizations will need to address if they are to unlock the cloud’s full potential.
In light of this, a growing number of companies are likely to take a smart data approach to hybrid cloud assurance and continuous monitoring that will enable them to optimize this new infrastructure, mitigate risk, and make more intelligent business decisions.
