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Organizations need the cloud to be competitive. In an IDC White Paper published in January 2022, 40% of customers have already migrated to the cloud, with another 47% planning on moving within the next 2-10 years.
Historically, only large enterprises had the money to invest in IT infrastructure, leaving smaller businesses behind due to the high cost involved. But in modern business, the cloud truly levels the playing field, allowing companies of any size to store and process information at remote data centers.
The migration involves careful planning and introduces a change to established business processes. For more organizations these days, though, the rewards outweigh the risks. To aid in your own cost/benefit analysis, here are nine key benefits that any organization would experience when migrating from on-prem to the cloud.
Deploying software on-premise can create a significant expense for businesses. Full-time IT support staff, the ongoing costs of maintaining the server hardware, and an expensive utility bill for power consumption are just a few recurring expenses a business will face when using an on-prem infrastructure. By pivoting to a cloud computing model, a business’s only responsibility is paying a monthly subscription fee for the service and none of the ongoing maintenance and upkeep costs.
Cutting the operational costs associated with on-prem can result in considerable savings for a company, creating more assets that can be invested back into the business to support long-term growth and continuity.
Security on the cloud is a shared responsibility, but customers don’t have to tackle this issue alone with a migration to the cloud. The ‘Shared Responsibility Model’ for cloud providers traditionally sets expectations as the following:
Expert resources and access to better, more breach-resistant security solutions are some benefits of switching to a cloud provider. Though both on-prem and cloud applications require personal responsibility when protecting sensitive data, partnering with a cloud provider can provide an extra layer of protection and, perhaps more importantly, expert help and guidance if a security issue arises.
Migration to the cloud comes with its own challenges, but the long-term benefits of moving on-prem applications to the cloud are significant and a must-do for the majority of businesses moving forward. For most IT departments, a cloud migration will be their first time addressing a project of this magnitude and scale. While experienced professionals will be able to anticipate some of the issues ahead, there are key challenges that must be addressed to have a successful outcome.
To discover the challenges of cloud migration and learn actionable steps to successfully address these issues, download our FREE report.