In the digital world we live in, many companies tend to treat Microsoft Corp. and Amazon.com Inc. as their only options while implementing cloud computing. However, in recent times, IT managers are starting to look beyond and realized that there are various other options too in the market, and the competition is pretty heavy in this segment. Analysts are speculating that the governments and businesses are now signing up with different providers, pitting the vendors against each other to bring down the costs.
Many other providers like Oracle Corp, Google, and IBM Corp are getting a chance due to the shift even though Microsoft and Amazon hold the lion’s share in the market. Experian PLC, a popular name in the credit-reporting segment, made its move to the cloud in 2014 with AWS. However, the company has since then availed services from other providers like Oracle, Microsoft, and Google. The global chief architect of Experian, Mervyn Lally, has stated that more options are good because they tend to add more competitive pressures on the providers. Popular companies like AT&T is also bringing together various providers under one network. A multi-cloud strategy is gaining immense traction in recent times because it can manage workloads better and cost-effectively.