F5, the global leader in multi-cloud application security and delivery, today announced expanded technology partnerships and customer win milestones that reinforce its position as a leader in multi-cloud networking. According to IDC, the multi-cloud networking market is rapidly expanding and is expected to reach $10.16 billion in 2028.
As a pioneer in multi-cloud application security and delivery, F5’s solutions help customers solve the unique complexity challenges inherent in securely connecting applications and APIs across hybrid multi-cloud environments. To help solve this challenge, F5 Distributed Cloud Services offer infrastructure-agnostic solutions that reduce the complexity of networking across data centers, clouds, and the edge while enabling consistent app security policy and enforcement, regardless of where the apps are hosted.
According to F5’s 2024 State of Application Strategy Report, the demand for multi-cloud networking strategies has grown significantly—with nearly 90% of enterprises deploying apps and APIs across a mix of on-premises and cloud or edge environments. The report highlights significant challenges faced by today’s enterprises as they manage apps across multiple infrastructure environments. More than one-third of respondents (38%, nearly double the 2023 figure) operate apps across six or more different environments.
“Modern enterprises today must manage a multitude of disparate applications, all hosted on multiple clouds and on-premises environments. The realities of today’s hybrid multi-cloud infrastructures mandate that applications must be stitched together to deliver secure, fast, and reliable digital experiences,” said Arul Elumalai, Senior Vice President and General Manager of distributed Cloud Platform and Security Services at F5. “With multi-cloud comes significant complexity, cost, and security risks, as applications become increasingly distributed. F5’s secure multi-cloud networking capabilities abstract this complexity to connect and protect these distributed applications, without having to pay attention to the cloud or infrastructure on which they run.”
“Indian businesses are rapidly adopting hybrid/multi-cloud technologies to modernize and accelerate revenue. However, this has heightened security challenges due to sophisticated cyber threats, increasing demand for enhanced cloud security. According to Gartner, security and risk management spending in India is expected to grow by 12% year-on-year in 2024. Businesses are looking for security solutions that are designed to secure their applications, irrespective of where they are deployed in the multi-cloud environment,” said Pratik Shah, Managing Director of India and SAARC, F5. “At F5, we understand these challenges and are expanding our partnerships with NetApp, Red Hat, Console Connect, and others to provide innovative solutions that simplify the complexities of securely connecting applications across hybrid environments.”
