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October 2017, Vol. 16, No. 8

Multicloud storage mitigates risk of public cloud lock-in

Public cloud utilization continues to grow at a phenomenal rate. Public and private cloud infrastructure spending is increasing at double digit rates while spending on traditional, non-cloud, IT infrastructure is declining. Within a few years, non-cloud spending will be less than half the entire infrastructure market. Amazon Web Services alone, as the gorilla of the public cloud market, continues to grow at over 40% year over year and has an annualized run rate of around $15 billion. Microsoft boasts similar revenue when its Office 365 software-as-a-service offerings are included. This trend has been widely predicted for years. The surprise is how strong the inertia toward public cloud adoption has become. So much so that it's an open question as to when we will hit the long-term equilibrium point between public clouds and on-premises infrastructure. Amazon Web Services (AWS) pioneered public cloud storage when it introduced Simple Storage Service (S3) more than 10 years ago. The public cloud vendors' approach has been to offer ...

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