Organizations in almost every industry are aggressively pursuing public, private and hybrid cloud strategies to meet their future IT needs. Eighty-nine percent of organizations have a multi-cloud strategy and 80 percent use both public and private clouds in a hybrid model, according to Flexera’s 2022 State of the Cloud study.
But as organizations move more and more workloads to the cloud, managing it all has become a significant challenge. Companies worldwide waste billions of dollars each year due to poor cloud governance, careless provisioning practices and idle resources. That’s why respondents to the Flexera survey named cloud optimization as their top priority for the sixth year in a row.
Multi-cloud environments are particularly problematic because they require monitoring and managing multiple platforms, often with a variety of provider-specific tools. Although most companies use five or more separate tools for cloud migration, cost optimization and infrastructure monitoring, a new study from Virtana finds that more than half use 20 or more different tools. The manual processes required to consolidate data from all of these tools add to the management burden.
The need to reduce waste and improve visibility into the cloud environment is driving increased adoption of cloud management platforms (CMPs). CMPs are designed to manage the deployment and operation of applications and associated datasets across multiple public, private and hybrid clouds. The $3 billion CMP market is expected to double in size over the next five years.
A CMP is a suite of software tools that provide centralized management of various cloud-based resources. Such platforms allow administrators to view all cloud instances, databases and applications across all cloud platforms from a single screen. Specific features vary by vendor, but a good CMP should include these core capabilities:
As part of our cloud managed services, Technologent helps customers optimize cloud resources through our proprietary cloud management program. Our CMP is an automated monitoring framework designed to integrate easily with existing IT service management tools to continuously learn, relate and synchronize data in real time. Contact us to learn more, and check out this case study to learn how one customer used our solution to reduce cloud spend by 25 percent.