A correctly implemented cloud can enable organizations to have more control on their run cost, enhance collaboration and employee productivity, accelerate innovation and improve time to market. It's no wonder organizations are investing plenty of resources – financial and human – into the cloud.
And yet, even though cloud migration and orchestration keep businesses occupied every day, many modern-day organizations can benefit from cloud solutions even more. According to a 2023 McKinsey report, just 10% of companies have fully captured the cloud’s potential value, 50% are starting to capture it, and the remaining 40% have seen no material value yet. Meanwhile, McKinsey estimates that an average company today could achieve 180% ROI in business benefit by adopting the cloud, "although few are getting close to these returns." This is why for as long as Schuberg Philis has used cloud computing, our criteria for its usage has stayed the same: we deploy cloud solutions when we know they will generate business value for our customers. And we remain confident in our ability to unleash the cloud's full potential within their digital transformation strategy.
Multiple clouds, multiple benefits
A single cloud has plenty to offer. Plus, most public cloud environments offer a rich set of features and services, with capabilities to keep technological complexity to a minimum. However, we're seeing more and more how organizations often profit from incorporating more than one cloud in their IT landscape. A 2023 report conducted by Forrester Consulting found that multi-cloud solutions were the most predominant strategy chosen by technology practitioners and decision-makers, noting that multi-cloud users enjoy “stronger security posture, better visibility, improved automated tooling, optimized costs, and the ability to attract, motivate, and retain new talent.” As a technology-agnostic and therefore also cloud-agnostic company, we can support multi-cloud and thus hybrid solutions, which mix private and public clouds.
For some of our customers, it is essential to have a private cloud for hosting mission-critical workloads while relying on the public cloud for running general-purpose workloads. Although cloud hyperscalers put forth immense computing power and rapidly roll out new services and features, a private cloud can keep crown-jewel workloads safe in a dedicated cluster in a dedicated rack with dedicated hardware that can be immediately accessed, restored, or moved. Simultaneously, it can offer capabilities allowing customers to drive their digital transformation, including opportunities to harness AI's potential for even their most sensitive data. In an age of rampant cyberattacks and geopolitical strife, having multiple clouds also helps guard against the risks of downtime and vendor lock-in. A private cloud, such as our own sbp.cloud, can be part of a hybrid solution for the kind of exit plan required by the Digital Operational Resilience Act (DORA), which will become enforceable for EU financial institutions and their ICT providers starting in 2025. This is why Schuberg Philis has come to offer cloud exit as a service (CEaaS) within our digital trust framework and, specifically, the guidance we give our customers toward regulatory compliance.