CloudBrokerage

CloudBrokerage is a term that describes services or platforms facilitating the procurement and management of cloud computing resources. Essentially, it acts as an intermediary between cloud consumers and cloud service providers. These brokerages can offer a range of functionalities, including price comparison across different cloud vendors, contract negotiation assistance, and unified billing and management of multiple cloud services.

The primary goal of cloud brokerage is to simplify the complex landscape of cloud adoption. Organizations often face challenges in choosing the right cloud services, understanding vendor-specific pricing models, and ensuring compliance with service level agreements. A cloud brokerage aims to alleviate these burdens by providing a centralized point of access and expertise.

Cloud brokerages can be broadly categorized into different types. Technology-based brokerages offer software solutions that automate the discovery, provisioning, and management of cloud resources. Service-based brokerages provide human expertise and consulting services to guide clients through their cloud journey. Hybrid models combine both technological capabilities and human support.

By leveraging cloud brokerage services, businesses can potentially achieve cost savings through optimized resource utilization and better negotiation power. They can also gain greater transparency and control over their cloud spending and infrastructure. Furthermore, brokerages can help mitigate risks associated with cloud vendor lock-in by facilitating multi-cloud or hybrid cloud strategies. The rise of cloud brokerage reflects the growing maturity of the cloud market and the increasing need for specialized services to navigate its intricacies.