Workload placement in a hybrid cloud environment

An application is deployed on a first cloud from a set of clouds. A simulator is deployed on each cloud in the set. A vertical relationship function is computed between a time-series of the application and a time-series of the simulator. A first actual value in the time-series of the application is forecasted for a future time. A horizontal relationship function is computed between a first simulator value in the time-series of the simulator on the first cloud and a second simulator value in the time-series of the simulator on a second cloud. A second actual value in the time-series of a hypothetical deployment of the application on the second cloud is forecasted for the future time without deploying the application on the second cloud. The application is placed on the second cloud when the second actual value satisfies a condition.