A study done by 451 Research, part of S&P Global Market Intelligence, and commissioned by Oracle Cloud Infrastructure highlights that multicloud is the new reality in enterprise technology. The global study collected information from 1,500 executives and senior decision-makers at enterprises - including India - about how they use the cloud within their organization and found that almost every cloud journey is now becoming a multicloud journey.

Says Sharad Aggarwal, CEO - Godfrey Phillips India, “Godfrey Phillips’ India’s (GPI) ‘People-First’ legacy spans decades, and it includes all our stakeholders – including our customers. Technological advancements are a key enabler in ensuring that we deliver the best results to them. With the vision of offering greater agility in all our future deployments, our technological architecture is multi-cloud and futuristic. Considering our successful and long-standing association with Oracle across a wide range of areas, we have also onboarded them as our partners in our cloud journey to meet the future-ready needs of our expanding portfolio. With Oracle Cloud, we have further improved our scale, adaptability, and resiliency necessary to ensure uptime and successfully navigate volatile customer demands. With this partnership, we can optimize our processes across stages and functions which will give us the edge to fulfil the promise of customer satisfaction with DR support, scalability and better price performance.”

“As cloud becomes one of the most critical enablers of business success, organisations are increasingly keen towards achieving an edge in their cloud strategies. Selecting one cloud provider is no longer considered the most beneficial business decision. Instead, having access to best of breed services is a top priority. Oracle’s multicloud approach, with OCI’s distributed cloud, is well aligned with our customers’ preferences – it also addresses one of our ultimate goals of offering customers choice with business agility,” said Srikanth Doranadula, group vice president, technology and systems, Oracle India.

Key findings from the study include -

Almost every cloud journey is multicloud

98 percent of enterprises surveyed in India are using or plan to use at least two cloud infrastructure providers and 33 percent are using four or more.

96 percent reported in India they are using or plan to use at least two cloud application providers (Software-as-a-Service), with 51 percent using cloud applications from five or more providers.

This multicloud strategy allows IT departments to meet the specific technology needs of different teams across the organization.

Data sovereignty and cost optimization are driving demand for multicloud strategies

The top two drivers of multicloud strategies for Indian enterprises are data sovereignty (53 percent) and cost optimization (37 percent).

Other drivers of multicloud strategies include business agility and innovation (32 percent), Vendor influence (28 percent) and Best of breed cloud services and applications (27 percent).

Multicloud strategies give enterprises more control over where and how their data is stored and used, while also ensuring businesses can control the costs of their cloud operations by adjusting which services they use from different providers.

Enterprise organizations are proactively planning multicloud strategies for the future

Data redundancy (61 percent) is the most anticipated future use case, followed by data mobility (54percent) and cost optimization across public clouds (45 percent).

IT departments also plan to use multicloud strategies for risk mitigation for the entire IT environment (39 percent) and geographic expansion or global service delivery (39 percent).

The fact that IT departments are planning multicloud strategies shows that they see multicloud as a way to get ahead of their technology needs, instead of simply a tactic to react to crises.

Approach and Expectation from Multicloud

(59 percent) of Indian enterprises believe Economics as the most important motivating factor for taking a multicloud approach to its cloud infrastructure

In India, 70 percent of respondents said Multicloud guarantees cost optimization for their organization’s public cloud spending

Cloud cost optimization (33 percent), Common security or governance policy across clouds (31 percent) and Integration with existing toolsets used for on-premises infrastructure (31 percent) are some of the most predicted outcomes from Multicloud management platform