FD Insights Issue 6 | Page 24

Cloud Brokerages: A Growing Trend With the advent of cloud technology, cloud brokerages are on the rise. But what exactly is a cloud brokerage? And why are they becoming so popular? Tristan Penver investigates… T he rise of new technology usually gives birth to new ways and means of consuming it, as well as finding new business models where the opportunity exists. So it is with cloud service brokerages (CSBs). CSBs, put simply, operate in a layer between cloud vendors (eg. Microsoft, Google, Dropbox, etc.) and private enterprises, integrating various cloud services on one platform and making it easier for businesses to administer, navigate, integrate & consume cloud services whilst reducing cost and risk at the same time. With so many services now available in the cloud, businesses can face serious complexity in trying to manage all their services and accounts, particularly if each service has its own separate account. CSBs add value in simplifying this by offering a single sign-on point, and usually a simple and logical dashboard of all current services utilised by the organisation. This in turn allows organisations to reduce their own investment in time and IT resources in managing the complexity. It stands to reason that an organisation which spends less time and effort on trivial administration is able to better focus on other more profitable areas of the business. Enterprises also benefit from the economies of scale which CSBs can provide. Due to spanning a wide variety of services from a multitude of providers, CSBs can often offer better cloud usage rates than if individual enterprises signed up for cloud services individually. This ties into the core element of what CSBs can offer, namely value. Whether it be simplicity, cost benefits, enhanced security or, as is often the case, all of the above, the CSB needs to add value to the original cloud services being offered in order to make a valid business case for itself. Businesses it seems, are indeed seeing the value. Although still in an infancy stage in general IT terms, CSBs are on the 22 | www.firstdistribution.co.za rise. Industry research giant Gartner predicts that 20% of all cloud services will be sold via brokerages by 2015, and that annual IT spend on CSB services will top $100 billion next year. CSB benefits are not the sole preserve of organisations either, but can extend to the providers too. By being bundled in with a portfolio of services, providers potentially gain exposure to a greater audience and have an increased opportunity for cross-sell, something which CSBs take advantage of in negotiating better pricing deals for their customers.