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Futuriom: Multicloud Networking Survey Report

Information on multi-cloud networking, cloud network platform, cloud networking, cloud network security, cloud network operations

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2 Secure MCN Survey Report | 2022 F U T U R I O M . C O M Cloud Market Trend Report Highlights and Key Findings • Our 2022 end-user survey and interviews indicate that the Third Wave of Cloud Networking -- the shift to multicloud networking (MCN) and hybrid cloud networking (HCN) -- is gathering momentum. End-user survey results and interviews with end users reveal increased demand for MCN and HCN solutions. • Our research indicates that networking has become a key driver for delivering multicloud and hybrid cloud strategies. Of those surveyed, 81% indicated that MCN is expected to help simplify or accelerate hybrid or multicloud adoption. • End users see MCN and HCN as critical infrastructure. Of those surveyed, 47% would like to build cloud-native networking technology that is integrated with cloud provider constructs and connectivity models and 24% would like to increase their use of public cloud infrastructure using networking overlays. • Controlling cloud costs is an escalating issue. When asked if managing the costs of cloud usage has become an urgent priority, 63% said yes. End users were looking for a variety of cost-reduction features in MCN solutions. • Our 2022 MCN survey and research indicate that demand for MCN technology is expected to grow quickly. Of those surveyed, 87% are expected to make investments in MCN and cloud-native networking over the next 1-5 years, with 41% saying they will invest substantially. • End users and IT staff are starting investments in MCN, which they expect to improve cloud operations and security. Of those surveyed, 77% expect that MCN will help improve overall security, visibility, and governance. • Traditional networking technology is poorly equipped to handle hybrid and multicloud deployments. Futuriom believes that MCN technology innovation is being driven primarily by the software and startup community, rather than traditional networking. With innovation and growth potential high, it will be an active M&A area. • Some of the companies highlighted in this report: Alkira, Arrcus, Aviatrix, Amazon (AMZN), Aryaka Networks, Cisco (CSCO), Citrix (CTXS), Digital Realty (DLR), Equinix (EQIX), F5 Networks (FFIV), Google (Alphabet - GOOGL), Graphiant, IBM (IBM), Itential, Juniper Networks (JNPR), Megaport, Microsoft (MSFT), PacketFabric, Prosimo, Tata Communications, VMware (VMW)

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