Why Now Is the Right Time to Move to the Cloud?
Once upon a time, in the world of traditional enterprise, business struggled to deploy a new application because it took days or probably months even to buy servers, install them and then deploy the application to the new servers. Today, cloud computing services allow business to deploy a new application relatively quickly in days or even hours.
It is predicted that by the end of 2017, more than half of all large enterprises are expected to have hybrid cloud deployments of their own. In India alone, organizations are expected to invest a total of 233 billion of INR on cloud computing between 2013 and 2017.
Before we reason why it is the right time to move to the cloud, let us try and understand what the benefits of doing so are.
Agility, adaptability and flexibility
Applications today require long lead times. Cloud computing is built on a massively scalable, shared infrastructure. Thus cloud suppliers can quickly provide the capacity required by the applications. Companies that need to handle temporary surge in requirements which would require them to reassign resources to meet new capacity demands that can add computing capacity to their business.
A lot of businesses today adopt to a cloud computing strategy to reduce costs. The relatively low upfront cost of storage and data transmission services become attractive. Also, there is no need for capital expenditure on servers or hardware. Hence, business pay only for the resources reserved.
If there is one thing that stops businesses from moving to the cloud, it is because of the risks involved. Previously, business were cautious of cloud computing because of issues like security and reliability. However, the cloud vendors have pushed past these obstacles
Amidst all the frenzy about cloud computing, here are five reasons why your business should move to the cloud:
To prevent competitive disadvantage
A lot of business today are investing and benefitting from the cloud. Currently in India, infrastructure as a service (IaaS) is of utmost priority for large enterprises and businesses. Cloud helps increase the revenue in businesses, because they are now a well-established platform.
To address the rising competition among service providers
Cloud computing cures vendor-lock, eases integration pain and it’s cheap to boot. To summarize, the growth that cloud computing has seen in the last two years has been phenomenal. Thus, more service providers are stepping in the cloud computing arena. This leads to a cost benefit for both the service providers and the consumers.
To prevent your business from being an easy target to hackers
Whether it is the traditional form of business or cloud computing, any organization would want to secure the organizational data and customer information. In a competitive market, moving to cloud based data allows you to enjoy the benefits of enterprise level security, thus, securing your data.
To avoid the cost of downtime
When it comes to larger companies, one of the major losses incurred would be disaster recovery and business continuity. These two are the largest drivers of cloud adoption. Thus, shifting to a cloud based system can help reduce downtime thus ensuring business continuity.
To follow the Government’s leads
Digital India is one of the grandest visions that Prime Minister Narendra Modi constructed for the country. The campaign aims to provide connectivity and education to every Indian citizen as a service. The investment in Digital India alone is close to 1.14 lakh crores. In the 2016 union budget, Indian government has given a lot of emphasis to the use of technology to connect India. The government plans to invest on other technology-led governance with cloud computing being the heart of the plan.
Given these benefits and reasons, why are companies still hesitant to move their business to the cloud? The answer is because the technology is still relatively new and several companies are waiting until it matures to completely embrace it. Companies today want to dip their toes in the cloud computing pool rather than dive in headfirst. However, with the technology evolving, it is likely that several companies will be fully embracing the cloud initiatives.