Enterprises no longer rely on just one cloud provider because of their dynamic needs. This has prompted us to adopt a multi-cloud strategy to leverage the unique strengths of different providers.
Its purpose is to drive digital agility and transformation by inventing new ways to achieve business objectives using best-of-breed services from various cloud providers.
Panelist at TechSparks Mumbai 2023 in a session titled “From now to wow: How to level up cloud transformation game” Grupia SevereCustomer Engineering Leader, Digital Native Business, Google Cloud India. Kunal Gupta, Magicpin, Vice President of Technology.and Yashoraj TiagiCTO and CBO, Cashe; shared insights on how organizations are tackling digital transformation with multi-cloud strategies.
Multi and hybrid cloud for digital business
The panel discussion began with how digital companies see the speed of innovation, the agility to adapt to a changing environment, and the flexibility to make choices.
“Multi-cloud offers enterprises the right use cases for their workloads, better business continuity planning, and the best return on investment (ROI) across different cloud service providers. We can get the best service from public cloud and on-premises infrastructure,” says Sibia.
From a hybrid cloud perspective, this is perfect for businesses that have data residency and privacy concerns, have data and apps on the public cloud, and want security-focused operations that mix both worlds. provides a good balance. “For a regulated sector, companies will have to follow data residency compliance and hybrid could be a suitable use case,” he added.
Multi-cloud adoption has also seen a big boost post-pandemic, he observed during the discussion. “Before the pandemic, companies were debating whether or not they should move to the cloud. Today, that thought has changed to ‘Which cloud or how many should we adopt?’” he said. .
The cloud that fills the gap and optimizes costs
Gupta of Magicpin, which facilitates local shopping by connecting neighborhood retailers to online resources, says cloud technology will help fill the gap between 250,000 merchants in categories such as fashion, food, pharmaceuticals and groceries in more than 50 cities. I explained that I could fill it.
gamification, building hyperlocal inventories or catalogs for local merchants by integrating different databases, building seamless payment and shipping systems, gaining insight into what your customers are looking for/what your competitors are doing Aspects such as offerings to merchants have played an important role in the promotion. Engagement and commerce of merchants and their customers on the platform.
“Our technology is the key to enabling these services. From compute to container orchestration frameworks, use AI/ML frameworks to build use cases, distributed databases, APIs and We run mobile-first architectures, polyglot persistence paradigms, a combination of SQL, etc. on the cloud.We use a variety of cloud-enabled technologies to power Magicpin,” said Gupta. said.
While accelerating execution, cloud infrastructure has also reduced the time from idea to prototype to product/business. “In a traditional data center, building a solution that would take hours to boot up a server and configure a database is now a click away with the cloud. “It was a big deal,” said Gupta.
Regarding Magicpin’s cloud innovation, he said the company’s “Magic Search” has over 900 million SKUs (Stock Keeping Units) searchable at the hyper-local level thanks to its cloud infrastructure. “Over time, the right mix of open source technologies and services that cloud providers already offer has reduced cloud costs by 10 percent.”
The prevalence of cloud technology also helps reduce latency. Gupta said businesses lose customers if there are delays during transactions. “Cloud technology has definitely helped us solve our scale and availability challenges faster, with less human intervention.”
Building meaningful customer experiences and a secure multi-cloud infrastructure
Tyagi of Cashe, an NBFC fintech platform for credit, wealth and insurtech, said a cloud-first business, a multi-cloud approach helps build great customer experiences and execute millions of transactions a day. I have shared that it has been helpful to
“From an availability and resilience perspective, this is critical. A multi-cloud strategy provides the flexibility to scale compute capacity when demand increases, reducing latency issues, compliance and data residency requirements. ” he said.
From an AI/ML perspective, in the business of lending to the unbanked segment, alternative datasets that are not normally available to formal lending institutions can be used by Cashe to provide credit to those who do not have access to financial resources. It through formal sources that helped push the boundaries of inclusion.
“This can be achieved by building large-scale ML models that require scaling across cloud platforms. It has various strengths such as orchestration, powerful ML deployment and fast inference, which allows us to leverage the strengths of each cloud provider,” he added.
Another challenge that cloud technology has helped Cashe with is extracting behavioral insights from large alternative data sets that could be correlated to future financial behavior regarding credit defaults.
“This required running large models, and it took me two to three years to get it right. Validating models is very difficult when you need an ML Ops pipeline to do it on a regular basis,” Tyagi shared.
He added that it’s also important to periodically churn the data set in a constant background process to ensure that the running model is relevant to the solution being built. “That’s where most of our cloud computing resources were used,” he said.
Future innovations for multi- and hybrid cloud infrastructures
Regarding innovation in multi-cloud or hybrid cloud environments, Sibia said containers, infrastructure modernization, and data warehousing are key factors to consider.
“Containers are built agnostically and are very helpful in getting the most out of multi-cloud infrastructure. Achieving zero trust security across multi-cloud is part of the key trend for 2023, as we are able to deliver massive scale in .
When it comes to the complexity of operating on the cloud, having the right strategy and partners to help your business avoid bringing the same issues from on-premises to a single cloud or even a multi-cloud environment is essential. he said.
“In such scenarios, manageability becomes a nightmare. Google has a history of being multi-cloud and open source friendly. We delivered the value of Kubernetes and zero trust security to the world. Our products solves problems across workloads, multiple clouds, containers, and tools, enabling holistic transformation of digital business with consistent processes and scalable software that can be deployed and run across clouds. ”said Sibia.
