During the past several years, many companies worldwide moved their IT systems to the cloud, aiming to increase agility of their business or to cut expenses on costly hardware. According to Gartner, more than 30% of companies consider cloud investments among the top-three investing priorities. And ZDNet.com states that 'Cloud computing in 2021 has become the de facto choice of IT due to digital transformation shifts accelerated by remote work and the COVID-19 pandemic'.
So what is the cloud, and why should you migrate to the cloud right now if you haven't done it yet? Read in our blog post.
Unlike typical on-premise infrastructure, the cloud stands for computing services and infrastructure available over the internet. It means you can use any web browser to access and manage your relevant business applications. You might have already heard about the most popular cloud service providers like Amazon Web Services (AWS), Microsoft Azure, and Google Cloud Platform.
The cloud stores data off-site, which minimizes risks and costs. Your organization can select the most suitable type of cloud deployment - public, private, or hybrid. The public cloud is the most popular choice for small and medium businesses. Meanwhile, enterprises often run their workloads in a private cloud.
Thus, if your company has not migrated to the cloud yet, we have prepared for you a list of benefits cloud can bring to your business.
Cloud migration helps cut wasteful spending like paying for running and maintaining a local data center. Besides, you do not need to worry about outdated or not running equipment as the cloud service providers care about it instead of you. Using the cloud, you can also forget about paying for on-site staff who manages your related hardware.
Cloud computing makes everything you need available on-demand. Your organization can access flexible IT resources and stay competitive in a rapidly changing industry environment or benefit from the right business momentum. There will be no more waiting for weeks or months to receive hardware components or have systems installed. Instead, you can lease the valuable capabilities of cloud providers and accelerate your go-to-market.
Companies with a traditional on-premise infrastructure must have backup or extra resources, including servers, to be ready for a sudden increase in traffic or buying activity. Many of the companies even do not use these resources or use them rarely. But they do pay for them! Alternatively, in the cloud, you can add required resources like memory or bandwidth in some minutes. Also, your service provider can remove the resources easily if you no longer need them. So with the cloud, you pay only for the resources you use.
Security continues to be a primary focus area for businesses. Cloud migration allows your company to modernize IT infrastructure due to best available practices and protect your application from different security issues. These issues may include unauthorized access, hacking attempts, data and identity theft, or other intrusions. But the cloud also empowers organizations to implement the required governance and security policies for conducting particular operations properly. That makes it difficult to breach cloud security measures, and with the cloud, you will always have access to your data.
According to the Enterprise Technology Research survey, more than 34% of remote employees will continue to work from home by the end of 2021. Fortunately, cloud computing allows employees to access business applications, the needed documents, and data from anyplace and anytime. They can communicate and cooperate with other team members and work on the modifications in real-time. Using the cloud, your company increases employee productivity in the work-from-home conditions and eliminates health risks for the team removing the obligation to work in the office.
Leading cloud providers operate according to ISO standards; some of them have their service availability standard even higher. For example, in their SLAs, Amazon Web Services commits 99.9% of their monthly service uptime. In case your monthly indicator drops to 99.5%, you get back 10% of your service credit, and if it spills below 99%, you get back 25-30%. These uptime figures are hardly reachable for most companies that manage the infrastructure on their own.
After migrating from a legacy system, your organization can increase workforce efficiency, stimulate innovation, and even find new revenue sources. Cloud computing opens up numerous doors to start leveraging new technologies. Businesses that migrate from the legacy systems can gain advantages of machine learning (ML) and artificial intelligence (AI) that are not feasible on-premises. Also, companies can develop cloud-native technologies, such as data lakes, although they are highly complex. Implementing modern technologies provides benefits to your organization, helps team members do their tasks faster, and increases efficiency.
Are you already using the cloud? What benefits do you find the most valuable for your business? Or what factors prevent your organization from using the cloud? Share with us in the comments below.
Over the past several years, AgileVision has helped many businesses to select a cloud provider, build cloud infrastructure, or migrate to the cloud. Are you considering a cloud migration or need advice on your existing cloud infrastructure?