Many companies switched to cloud computing solutions in the last decade. It is a huge transformation that businesses have adopted globally. There must be some significant reasons to move to the cloud. Let’s discuss what cloud computing is. And why businesses are moving to cloud computing systems.
What Is Cloud Computing?
It is the on-demand computer service resource for data storage and its processing without the direct intervention of the user. In simple words, it offers you to store your data on the web and allows you to access it from anywhere in the world.
Why Is Cloud Migration Trending In The Business World?
85% of businesses feel their data is more secured in cloud solutions. Thereby, security has been the biggest reason businesses are shifting. However, giving security is just a single factor. There are many more benefits of cloud migration. For instance,
1. Cost-Effectiveness
People think cloud migration is a costly process whereas, it is a one-time investment that reduces your operational and capital cost. Here are some of the reasons why opting for the cloud is cost-effective.
i) Less Capital Expenses
If you are running out of storage in on-premise hard drives and devices, you will have to buy another. On the contrary, cloud-based applications allow you to simply extend the storage by paying a minimal amount to the space provider. The amount will be less than buying a whole new device or hard disk.
ii) Reduced Power Costs
In cloud computation, you may not require a continuous power supply for your devices that may help in reducing electricity bills.
iii) Less Staff Requirement
You may not need staff for maintaining the in-house infrastructure as everything will be connected and in devices. In case of maintenance, you can ask your service providers to assist you.
iv) Backups And Recoveries
In an on-premise network, backups and data recovery become a big task and involve huge costs. Data recovery is not difficult and may not even require external support in cloud solutions.
Also if you are a small size business, you can avail of these benefits at affordable prices. Many cloud space providing companies support small or mid-size businesses to accelerate their work.
2. Providing A Scalable Environment
A scalable environment refers to a condition where you can increase or decrease the resources as per the company needs.
Private networks have fixed utilization capacity, whereas cloud architecture is made through virtualization. It enables flexibility to change its scalability with minimum IT support.
3. Application Innovation
Cloud allows you to integrate various applications to make an innovative solution, as per your company needs. It enables convenience and opens the scope of innovation for the workforce.
4. Faster Processing Speed
Cloud computing is an on-demand service that is provided after discussing the requirements of the client, therefore you can ask your service provider to give competitive speed for data sharing and work processing. You can expect all your work to be done with some clicks of a mouse.
5. Enhanced Security
As stated above, one of the benefits of cloud migration is a secured network. Unlike traditional networks, it offers encrypted data, multi-factor authentication, and firewall installations that isolate between multiple zones; and prevents data loss too. Moreover, with Cloud Access Security Broker (CASB), one can control the access and block a particular network or IP address.
6. Improved Collaborations
Cloud solutions store the data in the cloud space, which allows universal access to the company employees. Thereby, file transfer and data sharing have become fast and effective, and it is easy to handle large files with cloud solutions.
By saying this, it has become easy for teams to work collaboratively on the same data at the same time as cloud computing allows –
- Remote access to files
- File syncing
- Version control
- Large file upload, download and maintenance Data Recovery
It may be difficult or impossible to recover data from an on-premise network if it got deleted or the system got damaged.
If you have cloud storage, the chances of losing data are negligible. Even if the data gets deleted from the entire company network, it could be recovered from other locations as the cloud service provider stores the data in multiple locations.
7. Remote Accessibility
As your data is stored on the internet, its remote accessibility increases, which help to increase work efficiency and encourages remote working.
8. Competitive
Nearly 94% of the businesses are using the cloud already. It allows you to be one of the efficient service providers in the market, because of the above benefits. Therefore if you are someone with a traditional network, it will be difficult for you to beat the competitor with the cloud.
Conclusion:
As we discussed, there are multiple benefits of migrating to the cloud. You must choose your service provider carefully, as many companies resell your data for research purposes. So, if you are not willing to share your data with research companies make sure you clear this to your service provider. Check the terms and conditions, and understand the cloud move strategy properly to not face any trouble in the future.