About $8.5 billion: That’s how much the federal government is expected to spend annually on cloud computing by fiscal year 2023, according to Bloomberg Government.
The steady shift to embrace cloud modernization in recent years took a massive leap when the pandemic hit. Many of the pandemic-necessitated stopgap cloud-based measures—which previously may have been categorized as shadow IT—have yielded tremendous short-term value. More importantly, however, agencies realized the value of the cloud is immeasurable and are accelerating their cloud modernization efforts—and the government is increasing funding to support those efforts.
Enter Multicloud
By 2022, over 90% of global enterprises will rely on a mix of on-premises/dedicated private clouds, multiple public clouds and legacy platforms, IDC reports, marking 2021 as the year of multicloud.
Multicloud is the use of multiple cloud computing and storage services in a single heterogeneous architecture. This also refers to the distribution of cloud assets, software and applications across several cloud-hosting environments. With a typical multicloud architecture utilizing two or more public clouds as well as multiple private clouds, a multicloud environment aims to eliminate reliance on any single cloud provider.
By choice or chance, many agencies are already using multiple cloud technologies. But this doesn’t always mean they have a strategy to optimize those investments, especially with the added complexity that managing multicloud presents t ..
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