In 2022, Fortune 500 companies in North America unlocked a business value of $1 trillion by adopting cloud technologies. 86% of these organizations utilized multiple cloud providers for their operations. With a Total Addressable Market of $8.6 billion in 2023, the multi-cloud market size is projected to expand to $50 billion by 2030. Multi-cloud is becoming increasingly popular among large enterprises and Managed Service Providers .
connectivity, allowing enterprises to link their cloud environments through these carriers. While specific steps vary between cloud providers, the process consists of two parts. First, enterprises create a dedicated connection to a colocation provider like EQUNIX. Next, they peer the connection with the partner's customer edge route using eBGP.
circuits, known for their reliability and predictability, are generally reserved for mission-critical applications. However, due to their costly and inflexible nature, marked by long-term contracts and extensive setup and removal periods, private connectivity offers a more flexible alternative. NaaS providers provide pricing flexibility via Pay-Per-User rates and are easy to manage.
connectivity, allowing enterprises to link their cloud environments through these carriers. While specific steps vary between cloud providers, the process consists of two parts. First, enterprises create a dedicated connection to a colocation provider like EQUNIX. Next, they peer the connection with the partner's customer edge route using eBGP.
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Source: ForbesTech - 🏆 318. / 59 Read more »
Source: ForbesTech - 🏆 318. / 59 Read more »