If you are still figuring out whether or not to migrate your business data to the cloud, you are lagging behind 90% of your competitors. Most of the big enterprises use multi-cloud functionality for businesses.
Cloud adoption is one of the mainstream strategies for businesses. The majority of businesses are already on the cloud and many of them are planning to make the shift.
There are many reasons why businesses are migrating to the cloud over all the traditional ways of data storage and computing. Although cloud migration comes with several risks, the benefits always take hold of the limitations.
All businesses nowadays have a huge chunk of data in both structured and unstructured forms on a daily basis, which is collectively known as Big Data. As per a survey by Accenture, businesses not embracing Big Data are losing their competitive advantages and will soon become out of the race.
Getting great insights from Big Data is one of the cost-effective ways of data and information processing. The traditional storage system is not proficient at handling the high volume of data generation. If you are trying to manage these data with the traditional system then you need to invest a lot in the current infrastructure.
The on-site data storage system does not support advanced analytics and that causes an obstruction with rapid data processing. Migrating to the cloud comes with various valuable insights and helps businesses in making data-driven decisions.
Another important benefit of cloud migration is scalability. Businesses leverage the cloud to manage their bandwidth and data requirements during the expansion and growth phases. The need for cloud services depends upon the scaling-up requirements of the business. The traditional method of investing in on-premise infrastructure leads to heavy investment in networking equipment, software licenses, and physical servers in order to grow the business.
Cloud services are flexible. Using internet-based devices such as smartphones, notebooks, laptops, tablets, or PCs; people can share critical data for strategic decision-making for any business. This flexibility to use data for business benefits makes cloud services flexible.
People and businesses witnessed the flexibility and significance of the cloud during the Covid-19 pandemic. Businesses that adopted cloud for data storage and sharing needs were able to adapt the work from home or remote working norms very quickly.
They were efficiently able to manage business data when compared to non-cloud competitors.
Cloud computing adds efficiency to the work process of many organizations. The cloud technology enables collaboration on a large scale, such as among all the employees within an organization located at different places. Multiple users from multiple locations and departments can utilize the cloud-based information, whenever and wherever it is required.
There is no geographic restriction when you do the multi-region infrastructure cloud setup. Overseas teams collaborate over a secure system by accessing the information and data from anywhere and that enhances the collaborative work approach and work efficiency.
When businesses embrace cloud technology, they share data and information efficiently. It prevents multiple human errors and scales up the decision-making process. Thus, organizations are able to focus on core tasks and it improves productivity.
The process of storing and retrieving data has changed ultimately. Each of the businesses now is looking for the most effective solutions to recover the data in any unforeseen disaster. As per an observation by Diffusion Group, 60% of businesses that went through a data disaster and were unable to recover, were not able to survive after the six months of the disaster.
Businesses always look for a possible solution to protect their intellectual properties. That is why cloud backup has become popular as it helps businesses to recover their data quickly to keep the business operations up. Even after a data loss case, cloud backup makes all the data available. The recent Covid-19 pandemic was also a disaster but cloud services helped businesses keep running their smooth flow and helped them in continuing their operations on daily basis from multiple remote locations.
On-premise infrastructure setup is quite expensive. It costs a lot for network equipment, software licenses, technicians, and hardware. Besides these, installation and maintenance costs are also higher. In case of disasters such as fire and flood, there is a chance of physical damage and a huge loss.
Cloud migration saves these investment costs. It just required initial setup and training costs. But it comes with immense benefits in the form of scaling up the business process and keeping data safe with recovery features. The simple setup process and cost-effectiveness are major reasons for businesses shifting to the cloud.
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If you are planning to migrate to the cloud, you need to plan your cloud adoption strategy and policy to train your staff for the safe use of this technology. For first-timers, they need to plan cloud adoption in different stages so that they can effectively integrate with the infrastructure of the organization.
You also need to identify possible issues like data compatibility, bandwidth problems, and legacy applications and connect with your service provider for required solutions.
You should provide the required training for the cloud skill set to your team so that they can understand and utilize the functionality properly. Evaluation of the strategy and improvements in the existing system for cloud adoption are two ways to become successful with cloud migration.
If you are not a cloud-first organization, you are losing that competitive edge and falling behind your competitors.
Conclusion: There are uncountable benefits of moving your business to the cloud but bringing your business operations to the cloud can be costly, time-consuming and challenging. Migration alone takes a great amount of time and careful consideration, let alone actual change.
Cloud migration means greater flexibility, better scalability and on-demand financing, which effectively increases the return on investment (ROI) and offers you complete control.
Cocolevio provides all kinds of cloud data services – from business to games and music – so you can focus on what matters most while we provide the ultimate cloud experience for your business.
Online a robust cloud strategy and a right cloud migration consulting firm can help you in the growth of your business.