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Why hybrid cloud is considered the future of cloud computing

Overview: Cloud computing services and deployment models (Part 8 of 8)

(Continued from Part 7)

What is hybrid cloud?

Hybrid cloud as is evident by its name. It’s the combination of features of two or more cloud models—private, community, and public. According to Gartner Inc., by 2016, there’s a significant shift expected in organizations’ preference for hybrid cloud. It’s estimated that ~50% of large enterprises are expected to choose hybrid cloud deployments by the end of 2017. RightScale’s “2014 State of the Cloud Survey” also showed that 48% of the organizations plan to adopt the hybrid cloud by 2016. All this data implies the huge growth that hybrid cloud is expected to witness in the future. According to Business wire, the global hybrid cloud market is expected to grow at a five year compound annual growth rate of 30.18% from 2013 to 2018.

The previous chart shows the key players’ market share in hybrid cloud space. IBM leads the hybrid cloud infrastructure services. Amazon web services (AMZN), Microsoft (MSFT) Windows Azure Hybrid Cloud, Rackspace (RAX), VMware’s (VMW) vCloud Hybrid service, and IBM (IBM) through Softlayer are key offerings in this space.

The previous chart shows the current usage and adoption expected in next three years of various cloud deployment models. Among all the models, hybrid cloud seems to currently have the lowest adoption by enterprises. However, it’s expected to have great growth potential over the next three years.

Best possible combination of cloud features

Owing to this combination, it offers more control, cost structure efficiency, reduced risk, and better performance. It provides versatility, usage friendly, and cost-effective features of a public cloud. It provides greater control and security of a private cloud. It’s preferred by organizations because even after availing cloud services, they still have control over their data. The greater adoption will most likely be driven by the fact that companies prefer to have a choice to run the applications that are core to their business in-house, and run others on a public cloud without having to lose control on any of the data. A hybrid model enables the organizations to derive maximum benefit from their cloud infrastructure.

Browse this series on Market Realist: