The increasing popularity and growth of cloud computing is marked by the expanding number of businesses that have decided to make the transition to a cloud environment. However, a growing number of small businesses today are also discovering the many benefits of a hybrid version of cloud computing.
Based on in-depth research reports that involved two hundred plus CIOs, each of whom manages annual IT budgets in the range of $550 plus million, we see many positive and exciting developments taking place in the IT landscape.
Research From Markets
Additionally, based on complex research data from one of the finest global industry researchers, MarketsandMarkets, the hybrid cloud model shows a high demand that is growing at a compound rate of 27% per year. This rise in the demand for hybrid cloud far surpasses the growth increase of the overall IT market. This trend not only applies to the present, but to future growth as well.
Hybrid Cloud Computing and Data Security
The reasons for this increased interest in the hybrid cloud option are easy to understand from an ROI, convenience, and security perspective, especially for SMBs.
With the rise of hybrid cloud computing, SMBs will be able to rely on the increased stability, flexibility, performance, and improved security. The hybrid cloud is of particular importance when it comes to managing sensitive data security concerns, including governance and compliance issues.
HIPPA is another vertical that mandates a high level of safety requirements adopted by the Secretary of Health and Human Services (HHS) under the Health Insurance Portability and Accountability Act of 1996 (HIPAA, Public Law 104-191). These are just two examples of verticals that display a need for the highest level of security maintenance, protection, and compliance.
Given today’s highly competitive business climate, many IT firms are in possession of proprietary documents, product and service development plans, and research that should be carefully secured, and not readily available on the Internet under any circumstances. It simply wouldn’t be a smart move. In addition to other factors, you can probably begin to see why this highly charged business environment is contributing to the tremendous rise of hybrid cloud computing.
Although private and public cloud environments are still being used by an enterprise as separate entities, there is an increasing trend toward the adoption and rise of hybrid computing with its ability to expand its value proposition and offer more flexibility and security. One contributing factor is the tremendous demand for storage from every market segment. These parts include machine-to-machine Internet of Things (IoT) data streams, the streaming of cell phone video to the need for more storage from consumers who are increasingly gravitating toward hybrid strategies that employ both cloud-based storage environments as well as more rapidly restored direct- and network-attached storage solutions.
An increasing number of SMBs plan to increase investments in business continuity services to reduce complexity. Additionally, SMBs today require uncomplicated, easy-to-deploy and manage business continuity solutions.