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Does Your Business Need a Multi-Cloud Strategy?

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There’s a lot that businesses can do with the cloud. They can set up Customer Relationship Management systems, automate enterprise accounting and payroll, and coordinate large scale projects. There are also cloud solutions tailored to companies in specific industries.

While some companies rely on single cloud service providers for their core processes, a lot of organizations use cloud services from multiple agencies. They may depend on one provider for their email systems and another for their payroll and accounting platform.

When businesses rely on multiple providers in this way, they are said to have adopted a multi-cloud strategy.

They might combine various kinds of cloud from different service providers. For instance, they could anchor Infrastructure as a Service (IaaS) with one firm, and have another one cover Platform as a Service (PaaS) and Software as a Service (SaaS).

The Benefits of a Multicloud

  1. A Mix of the Best Services

You may find that no single vendor gives you the best service across all aspects of your operations. In this case, you will be better off using a couple of providers for different portions of work. This lets you enjoy the best from multiple sources, instead of getting limited by reliance on a single source.

  1. Reduced Risk of Disruption

If you’re using a single provider, your services may be slowed or shut down if they experience an outage. You can spare yourself the negative effects on business continuity, by diversifying your vendors. This way, some of your operations will carry on even if one cloud vendor has its services disrupted by DDoS attacks or some other issue.

  1. Favourable Pricing

Companies can also reduce overall cloud hosting costs by spreading their workloads across several clouds. In this case, their mix of service providers could be determined by the prices they offer. If they have to pay a higher price for robust service in one area, they could reduce its effect on their budget by assigning some of their workloads to less costly clouds.

  1. Prevent Vendor Lock-In

If you are using a single vendor, you risk becoming locked-in with them. What this means is that you’ll be fully dependent on them for cloud services, and find it hard to opt-out because the cost of switching is too high. This could restrict your company’s growth and hamper innovation. You usually won’t have to worry about this if you use multiple cloud service providers

The Drawbacks of Multicloud  

Despite the advantages that accrue from using a multi-cloud strategy, it also comes with some potential drawbacks. These are:

  1. Increased Complexity

If you’re using multiple clouds, you will have to move between different cloud environments regularly. You have to master the various environments and become comfortable with switching between them.

  1. Security Issues

It’s harder to keep tabs on your data when you’re working on several platforms. The complexity of multi-cloud makes it more challenging to manage; security lapses are more likely in this situation, and cybercriminals will want to exploit them if they get the chance.

  1. Talent Management Problems

You will have to train your staff to use more than one cloud platform. This will involve expending time and resources, both for the training and in the cost of your staff’s slower pace of work while they are still getting familiar with your multiple cloud environments.

What Is the Difference Between Multicloud and Hybrid Cloud?

Both multi-cloud and hybrid cloud involve using more than one cloud platform to get things done. But they are different strategies in one crucial respect: multi-cloud is about using different cloud service providers who usually offer public cloud services. Hybrid cloud is more about using both public and private clouds, that is, more than one type of cloud.

Do You Need a Multi-Cloud Strategy?

Your company should go for a multi-cloud strategy if

  • It places a premium on innovation and flexibility
  • Your business is significantly affected by unscheduled downtimes
  • You can deal with the costs of getting familiar with multiple cloud environments
  • Workers are skilled enough to use several cloud platforms
  • You can deal with the performance and security issues that may arise

How to Build a Multi-Cloud Strategy for Your Business

Here are a few steps you can take to build your multi-cloud strategy.

  1. Recognize How Service Providers Differ

Every cloud service provider implements and uniquely manages its computing functionalities. You should learn how your preferred vendors work or at least get your IT teams to assess them and determine what combination of vendors is best for your business.

  1. Know What You Will Use Each Cloud For

Define your reason for deploying each cloud, and how they will help you achieve your operational goals. For example, you may want one cloud provider to serve your data storage need, and another to take care of your project management system.

  1. Have a Plan for Migrating Data Between Clouds

Without prior planning, you might find the process of moving data between clouds to be complicated and hard to manage. Your multi-cloud strategy should contain a plan of action for transferring data between cloud platforms. When you come up with such a plan, test it to confirm that it works.

  1. Prepare to Adopt the Multi-Cloud Strategy

Train your staff so that they are ready to work with several cloud platforms. The depth of skills they need to learn will depend on the sort of work they will be doing on the clouds. They could be developing and running applications in each cloud environment, so they have to be prepared for this.

Conclusion

The success of a business’s multi-cloud strategy depends on how they can plan and execute the strategy. But it also rests on the quality of cloud service providers that the business works with.

Whether you’re seeking a multi-cloud or hybrid cloud strategy, you can depend on Layer3 Cloud for solutions that meet your needs. Layer3 Cloud offers on-demand storage, virtual servers, remote backup, managed security, and several other services that you can leverage to improve your business’ operations.

If you would like to know what cloud strategy suits your company best, you can contact our expert consultants here.


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SOPHiA GENETICS Announces Syndicate Bio as First Liquid Biopsy Customer in Africa

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SOPHiA GENETICS, a cloud-native software company in the healthcare space and a leader in data-driven medicine, has announced that Nigeria-based Syndicate Bio has signed on to implement MSK-ACCESS® powered with SOPHiA DDM™.

Syndicate Bio is the first lab in Africa to adopt the MSK-ACCESS® assay via the SOPHiA DDM™ Platform, and the first company to make comprehensive genomic profiling and liquid biopsy widely available to patients throughout the entire continent.

The implementation of this new technology will further existing work from SOPHiA GENETICS, Memorial Sloan Kettering Cancer Center (MSK), and Syndicate Bio to advance health equity on a global scale.

There are roughly 1 million new cancer patients each year in Africa and currently, comprehensive genomic profiling and liquid biopsy testing options are not widely available.

This means that patients are forced to forego this testing or travel out of continent for these testing options. Syndicate Bio’s implementation of this new offering will provide cutting-edge liquid biopsy testing to many of these patients and will help progress the company’s goal of advancing genomics and precision medicine in an area of the world that has been historically underserved in these areas.

“Partnering with SOPHiA Genetics to bring MSK-ACCESS® powered with SOPHiA DDM™ to our lab is a monumental step in accelerating the cancer treatment and research landscape across Africa, beginning in Nigeria. Next-generation sequencing technologies in oncology and liquid biopsy, which this collaboration enables, hold the potential for creating a leapfrogging opportunity in the oncology treatment and research landscape in Africa,” said Abasi Ene-Obong, PhD., Founder, Syndicate Bio.

“Through this collaboration, we aim to enable the widespread application of precision medicine in oncology across Africa, and thus contributing to the improvement of patient outcomes across the African continent.

“We believe our scientific expertise, combined with AI-enabled technologies and data-driven solutions enabled by SOPHiA GENETICS, presents a unique opportunity to fundamentally transform the journey of cancer patients through non-invasive cancer analysis, predictive genetic testing, and effective precision medicine.”

Syndicate Bio is driving genomics and precision medicine initiatives across the world’s most diverse regions through large-scale partnerships with governments, industry, and other stakeholders. Through its work, Syndicate Bio is making local impact while accelerating drug discovery and development.

By focusing on Africa, Syndicate Bio is poised to make a significant impact, starting with Nigeria, by introducing its pioneering clinical oncology offerings in an underserved region.

Through this endeavor, Syndicate Bio aims to improve cancer diagnosis and treatment for African patients. This initiative not only facilitates local next-generation sequencing (NGS) testing and liquid biopsy testing but also extends access to clinical trial participation, empowering patients and healthcare providers alike.

MSK-ACCESS® powered with SOPHiA DDM™  is a decentralized version of a highly validated ctDNA test developed by MSK that involves the deep sequencing of 146 key cancer-associated genes, and will augment Syndicate Bio’s tumor profiling capabilities, allowing them to utilize a small blood sample to generate a comprehensive report in an efficient and expedited time frame.

The use of liquid biopsy is less invasive than traditional biopsy, and can help simplify patient monitoring, whilst driving the uptake of precision medicine.

The offering combines the sophisticated analytics, state-of-the-art algorithms, and decentralized, cloud-based offerings of the SOPHiA DDM™ Platform, with the scientific and clinical expertise of MSK in cancer genomics to provide a best-in-class liquid biopsy solution.

“In our mission to democratize data-driven medicine, our decentralized global network and unique set of partnerships enable us to help reach underserved populations, just as those that are served by Syndicate Bio,” said Philippe Menu, MD, PhD., Chief Medical Officer, SOPHiA GENETICS.

“By implementing this solution, Syndicate Bio will make a measurable impact throughout Africa, while also helping to generate an unparalleled and comprehensive dataset and provide invaluable insights and knowledge to shape the future of global healthcare.”

In late 2023, SOPHiA GENETICS and MSK announced they are working in partnership with AstraZeneca to bring the world-class MSK-ACCESS® powered with SOPHiA DDM™ testing solution to countries and regions around the globe, including underserved areas where access to testing remains scarce.


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Abdullahi, NITDA Boss Harps on Partnership to Drive Advance Digital Transformation Agenda

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Mallam Kashifu Abdullahi, director-general, National Information Technology Development Agency (NITDA), has reaffirmed the importance of collaboration in advancing Nigeria’s digital transformation agenda.

Abdullahi, NITDA Boss Harps on Partnership to Drive Advance Digital Transformation Agenda

L-R: Mallam Kashifu Abdullahi,  director-general, National Information Technology Development Agency, with Brig. Gen., Abdulrahman Idris, team lead of the Senior Executive Course 46 2024, National Institute for Policy and Strategic Studies, Kuru, Jos during a strategic tour visit to the agency headquarters in Abuja.

Abdullahi disclosed this during a strategic engagement with participants of the 2024 Senior Executive Course 46 from the National Institute for Policy and Strategic Studies (NIPSS), a delegation led by Brigadier General Abdulrahman Idris.

Abdullahi emphasised that no organisation can achieve its goals in isolation, stressing the need for collaborative efforts to harness ideas, experiences and insights for national development. He highlighted the potential of collaboration between NITDA and NIPSS to leverage technology and digital innovation for driving economic growth, creating job opportunities and attracting foreign direct investment (FDI).

“At NITDA, we have re-imagined our social contract with Nigerians, focusing on improving service delivery and fostering the swift growth of the ICT sector,” said Abdullahi. He emphasised the agency’s commitment to serving Nigerians and outlined the strategic direction outlined in NITDA’s Strategic Roadmap and Action Plan (SRAP 2024-2027) 2.0. The SRAP is structured around eight pillars aimed at fostering digital literacy, building a robust technology research ecosystem, strengthening policy implementation, promoting inclusive access to digital infrastructure, enhancing cybersecurity, nurturing innovation and entrepreneurship, forging partnerships and cultivating a vibrant organisational culture.

The brigadier-general provided insights into NIPSS’s role as Nigeria’s foremost policy think-tank, tasked with developing top-class technocrats to drive national development initiatives. He highlighted NIPSS’s contributions to policy formulation and implementation over the years, emphasising the institution’s mandate to address issues of national interest, particularly in the digital economy sector.

The collaboration between NITDA and NIPSS underscores the importance of synergistic efforts in harnessing technology and innovation for national development. By leveraging each other’s expertise and resources, both organisations aim to drive economic growth, foster job creation, and position Nigeria as a leading player in the global digital economy.

Through strategic partnerships and collaborative initiatives, NITDA and NIPSS are poised to chart a path towards sustainable development, leveraging digital innovation as a catalyst for socioeconomic transformation and inclusive growth.

 


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IvoryPay, Tether to Drive Crypto Transfers Across Africa

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Ivorypay, a blockchain-based payment and remittance firm, has teamed with Tether, the stablecoin pioneer, to improve crypto-based transactions across Africa.

Tether is the business that developed the stablecoin, USDT, and with this agreement, it will mint and issue USDT straight to IvoryPay.

According to the partners, this agreement would provide more dependable and economical digital transaction choices to businesses and consumers across Africa.

Ivorypay will leverage Tether’s widespread acceptance to provide a buffer against the typically unpredictable nature of crypto-currencies, increasing user confidence in using digital currencies for daily transactions as well as cross-border transfers.

“Partnering with Tether is a strategic move that aligns perfectly with our vision of simplifying and securing crypto transactions across Africa,” said Oluwatobi Ajayi, CEO, IvoryPay.

He added: “It gives us easy access to the liquidity we need to cater to more businesses and individuals across the continent and to do that cheaper and faster than anybody else, which we believe will significantly enhance user trust and increase adoption rates across our platforms.”

“This strategic partnership between Ivorypay and Tether represents a transformative step for digital transactions across Africa,” said Aly Madhavji, managing partner of Blockchain Founders Fund.

“By incorporating USDT into their payment systems, IvoryPay aims to increase financial inclusion and streamline cross-border remittances, establishing a new standard for stability and efficiency in the region’s financial services We are thrilled to assist Ivorypay as they endeavour to create new opportunities for businesses and consumers across Africa.”


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