If you haven’t thought of using the cloud technology for your business, this article will show you the top reasons to migrate to the cloud and why it’s more profitable for your business.
Benefits of migrating to the cloud
Statistics show that companies will dedicate 32% of their IT budget to cloud services in 2021. Why? This is because cloud infrastructure is not as expensive as legacy infrastructure. When using cloud services, you can easily resize computing resources to fit your company’s unique requirements and eliminate wasteful spending. Unlike legacy IT infrastructure, the cloud allows you to adjust expenses anytime without needing unnecessary hardware or unmovable on-premises hardware.
Security is a significant concern for organizations. That is why migrating to the cloud is an option to consider. A study found that over 60% of businesses consider cloud security as the most essential reason for migrating to a cloud infrastructure.
With cloud computing, you can update your IT infrastructure as soon as new security updates come up. Moreover, it’ll reduce the likelihood of your files falling prey to malicious hacking attempts.
Note, however, that the cloud itself isn’t what makes your files secure, but it gives your company an easier platform to implement its security policies.
Business agility is a top reason to migrate to the cloud. This is because cloud computing gives you easy access to on-demand and flexible IT resources, which helps you compete efficiently in the market. It also enables you to adjust to changing industry dynamics with ease. When you migrate to the cloud, you no longer have to worry about how long it’ll take hardware updates to arrive and get installed because you can access 99% of what you need on the go.
One of the top reasons to migrate to the cloud is the freedom to focus more on productivity by outsourcing backend responsibilities to third-party cloud providers. You don’t have to invest time and resources in hiring technicians to help you manage your on-premises data centers.
In addition, you can consolidate operations and share access to cloud services according to your needs. This is why 81% of IT professionals believe that most companies will opt for cloud data centers by 2025.
When you migrate to the cloud, you have the opportunity to efficiently leverage new technologies. For instance, you can take advantage of AI and machine learning, which are not feasible with on-premise infrastructures.
Migrating to the cloud offers different financial benefits to you. One of the ways the cloud is more profitable is in the area of energy consumption. When you work on the cloud, you save the money you spend to power on-premises servers.
Another way cloud computing is more profitable is in terms of workforce. Normally, you’ll have to employ IT people to handle the technical aspect of your business. However, skilled IT professionals are expensive to hire.
But when you migrate to the cloud, you can save up on staffing budget and focus on increasing your revenue generation.
Nowadays, technology plays a huge role in the growth of a business. For instance, if your company adopts cloud technology and expands organically or through a merger and acquisition, you can quickly and efficiently integrate these platforms. This is why over 56% of companies are looking to migrate to the cloud in 2021.
Most companies consider migrating to the cloud because of end-of-life timelines for important software and hardware.
These days, IT leaders are looking for ways to bypass unfavorable licensing agreements and long-term contracts.
Thankfully, you don’t have to worry about this issue with the cloud. When you migrate to a cloud system, you won’t have to deal with contract terms or application life cycles. What’s more, with cloud computing, you only have to pay for what you use, and you can easily access updates as they roll out.
Want to start your journey to the cloud today? We offer easy, fast, and seamless cloud migration services. Get in touch with us today to have the transition of your assets to the cloud, safe and streamlined.
Before you decide to migrate to the cloud, you first need to calculate how much you currently spend on IT operations. Then you’ll calculate how much the migration process will cost you. You might find it difficult to calculate. However, there are several cloud pricing calculators that can simplify the process for you. Some popular options include,
Having obtained your estimated cloud costs, you can proceed with the four core phases of the cloud methodology.
Organizational readiness assessment
This phase is where you assess your staff’s preparedness and educate them on how to handle the new changes. This phase is where you examine your staff if they are competent enough to handle the new changes. You’ll also consider your organization’s structure and culture. A cloud services company can help you assess your business readiness for transition to the cloud, dealing with the tedious task of calculation and data analysis.
This phase involves making an inventory of all networks, storage, and computing components. Then, you’ll consider what it takes to monitor and manage the systems.
Cloud computing planning
After that, you have to decide if you want your cloud storage on your premises or prefer a hybrid or off-premises system.
This is the final phase of the cloud methodology, and it has to do with implementing your migration plans. Additionally, you’ll identify your early successes and rate the value it has on your workflow.
There are so many reasons to migrate to cloud. More and more companies are migrating their digital assets to cloud to take the benefits of an efficient workflow.
With the global cloud storage market gaining momentum and a projected size of $297.4 billion by 2027, migration to cloud and adopting the cloud technology are becoming an issue of top priority for organizations that want to keep abreast with the modern business trends and take advantage of the top-notch technology to get a competitive edge.
You too can start leveraging the benefits of cloud computing for your business today. We can help you simplify your cloud migration and adoption to gain a competitive edge in your industry. Get in touch with us today.
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