93 percent of all organizations are adopting a multi-cloud strategy. Multi-cloud solutions allow businesses to use two or more cloud services from several cloud service vendors. Businesses can avoid vendor lock-in while taking advantage of the best cloud offerings each vendor provides.
In the future, more organizations will develop multi-cloud strategies with little to no dependence on a specific cloud provider. Providers will also seek to create partnerships that combine their mutual strengths to speed up market launches and time to market for multi-cloud products and services.
Microsoft and Oracle, rivals in the cloud space, have already made this strategic move, linking their cloud services and allowing customers to run enterprise applications across Oracle Cloud and Microsoft Azure.