Multi-cloud Application Development Services PEAK Matrix® Assessment 2022
PEAK Matrix® Report

8 Sep 2022
by Alisha Mittal, Ankit Gupta, Madhurima Chopra, Lalith Kumar, Mohammed Riyaz

Cloud adoption has increased in recent years, with enterprises increasingly investing in modernization initiatives to compete in an evolving digital world. Enterprises are adopting a cloud-first strategy to achieve benefits such as increased business agility, an innovation-first approach, and faster time-to-market. With the availability of multiple cloud service providers, enterprises now have the flexibility to choose the right-fit cloud to best address their requirements, based on the providers’ core services and capabilities. This flexibility is enabling individual business units/functions to deploy applications on the cloud of their choice, leading to a multi-cloud ecosystem. Additionally, loosely coupled modern architectures are allowing enterprises to leverage multiple clouds to deploy different workloads of an application.

The multi-cloud ecosystem gives enterprises the freedom to move between different clouds, which helps avoid vendor lock-ins, optimize costs, and comply with regulatory as well as performance requirements. Thus, multi-cloud adoption is likely to rapidly grow in the coming years, with most enterprises having two or more clouds in their ecosystems, with a combination of one dominant cloud and multiple other clouds.

This report examines the dynamics of the global multi-cloud application development service provider landscape. We present detailed assessments of multi-cloud application development service providers featured on Everest Group’s Multi-Cloud Application Development PEAK Matrix®.

Scope

  • All industries and geographies
  • The assessment is based on Everest Group’s annual RFI process for the calendar year 2022, interactions with leading multi-cloud application development services providers, client reference checks, and an analysis of the multi-cloud application development services market

Contents

In this report, we focus on:

  • Everest Group’s services PEAK Matrix® evaluation of 15 multi-cloud application development service providers
  • Characteristics of Leaders, Major Contenders, and Aspirants in the service provider landscape
  • Key strengths and limitations of the 15 multi-cloud application development service providers featured in the assessment

Membership(s)

Application Services

Sourcing and Vendor Management

 

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