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Source: Enterprise Strategy Group Research Report, Enterprise Strategy Group Research Report, Enabling Modern Business With Multi-cloud Networking, March 2024.
Organizations are increasingly deploying applications across multiple public cloud locations in a meaningful way. This is vastly different from only three years ago when the majority of organizations were using multiple cloud service providers but primarily depending on only one for almost all of their service needs. Today it is common for organizations to deploy production and mission-critical applications across multiple public cloud service (e.g., IaaS) providers. Modern application environments are driving this adoption as organizations seek to optimize performance and quickly and easily set up connections to these cloud providers.