More and more organizations are adopting a hybrid cloud strategy and need to manage this complicated reality with centralized visibility to provide specific permissions dictating access and environment policies. They must also build, collaborate, and share reusable templates to make their teams productive. However, the ecosystem of available solutions is complicated and varies drastically in cost. Cloud leaders are seeking answers to some basic questions about the hybrid cloud management space. This report discusses the fundamental aspects of hybrid cloud management tooling as well as the latest developments.