It’s hard to remember how inaccessible and siloed data was in the past; ever since the advent of cloud computing, data accessibility and storage have transformed dramatically.
Moreover, cloud platforms have allowed businesses to become resilient (especially during times when they are facing the unprecedented operational impacts of the COVID-19 outbreak).
Pre-COVID19, conversations about cloud solutions were related to modern infrastructure for quicker innovation, faster time-to-market, and cost optimization. However, the crisis has brought several factors into picture like high availability, disaster recovery, reduced backup cost, business continuity, remote workforce management, and safe return to the workplace to facilitate business resiliency.
According to IDC’s FutureScape report, by the end of 2021, 80% of organizations will move to cloud-centric infrastructure and applications twice as fast as before the crisis.
Cloud computing is unique in its ability to address a wide spectrum of issues your business may be facing. For instance, it helps you address cost management issues by allowing you to shift from an Operating Expenses (OPEX) to a Capital Expenditures (CAPEX) model. Next, you can choose from a host of services and features offered by cloud service providers (like Amazon Web Services (AWS), Google Cloud Platform (GCP), IBM Cloud, Oracle Cloud, and Microsoft Azure) in a way that optimizes costs.
If you haven’t adopted cloud yet, chances are that you’re concerned about the cloud adoption/migration risks (i.e. outcome of faulty deployment) or you’re unable to figure out how your business can get the best out of cloud (e.g. do a lift-and-shift of the existing architecture by hosting it in the cloud or opt for a greenfield approach and redesign services/applications from scratch to be cloud-native).
It’s no secret that implementing any type of new technology comes with certain risks; however, the benefits that cloud computing offers makes those risks worthwhile. If you follow appropriate steps and work with the right cloud implementation partner, you can minimize risks and enjoy the benefits that cloud can provide.
Here’s an infographic that gives you a high-level overview of cloud computing and how it can benefit your business:
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