Updated: Aug 10, 2022
In 2022, if you still haven't migrated to cloud storage, you're behind. A vast majority of companies have already embraced cloud migration, and it has become the norm. In the coming years, cloud storage will continue to dominate.
What is the cloud?
"Cloud" is a service that allows for access to servers over the internet. These servers are in data centers all over the world, and the software and databases that run on these servers are accessed via these cloud services. This revolutionary development has allowed people and companies across the world to use software without having to manage their own servers or computers.
Therefore, in this new era, you can use the same cloud service provider for different things. For example, if your old phone breaks and you get another one, you can log in to your phone app account on the new phone because the computing and storage take place on the server, not on your device. The same principle applies to other activities like email, where you use cloud providers like Gmail. It also applies to storage like Dropbox or Google Drive.
Switching to the cloud has many benefits. For both small and big brands, it can reduce IT costs and overhead. For small businesses, the switch is especially beneficial because they no longer need to update and maintain their own servers. The cloud can also make it easier for companies to operate internationally because employees and customers can access the same files and applications from any location.
Challenges faced by businesses that don't move to the cloud
Your company may be struggling to survive in this modern era without adopting cloud technology. Here are 5 challenges that your business may be in trouble without the cloud.
1. Stifled Growth
When you own and maintain on-site IT resources, it typically costs more than having them in the cloud. Don’t let traditional IT spending take away funds that your business could use for new initiatives or marketing campaigns.
2. Lack of Agility
To be successful, businesses need to be agile. They need to be flexible, able to adjust quickly, and to scale up or down quickly. Without the cloud, your business will struggle to keep up with these changes and it may cost your business money.
3. Unable to Work Remotely
With on-site IT, people are tethered to the office and unable to achieve work/life balance. As a result, employees become less productive, and this makes it difficult to attract top job candidates in an increasingly competitive hiring environment.
4. Potential Interruptions
If you store all your IT systems in a single location, they are susceptible to service outages. Network failures, software glitches, hardware malfunctions, and power issues could all adversely impact your business.
5. Collaboration can be difficult
Collaboration is an important practice for businesses of all sizes. However, if all your systems are in-house and disconnected, collaboration becomes much harder, especially with employees and customers. Collaborating in the cloud makes it incredibly easy to set up and maintain, so that all businesses can reap the benefits.
The benefits of moving to the cloud
Cloud services are growing in popularity among businesses. A cloud solution can help companies save money and gain a competitive advantage. As a result, more companies are moving their business to the cloud for these reasons. If you’re not using the cloud yet, here are five benefits that are worth considering:
1. Simple and cost-effective
The cloud is the new trend in business infrastructure. By moving to it, you can eliminate costly redundancy in your infrastructure systems. Although cloud computing requires a training period and setup, you can save thousands of dollars per month in infrastructure and manpower costs and increase your company’s efficiency.
It’s incredibly safe to back up your data in the cloud. Hosting providers encrypt all data and constantly monitor and update their security features, making it much safer than on-premises systems. If you keep data access limited to employees, storing it in the cloud is the safest way to operate your business.
3. The cloud is flexible and scalable
A major benefit of moving to the cloud is scalability. If you’re in a growth phase, your business can scale upward with the cloud more easily than if you’re using on-premises infrastructure. It’s much easier to scale your business up or down when using cloud services; you don’t need to invest in physical servers, networking equipment, and software licenses.
Cloud services are also flexible and practical. They let companies access information from any internet-enabled device. This allows teams to work remotely and helps businesses save money by not having to maintain expensive in-house servers. In a crowded market, flexibility is essential.
The Covid-19 pandemic forced businesses to embrace a new remote work model. Those on cloud were able to pivot quickly compared to those on traditional infrastructures.
4. The cloud increases collaboration efficiency
Cloud computing makes collaboration more efficient and accessible. Cloud technology enables employees to work together on a much larger scale, regardless of department. Employees can access the data they need, ensuring that everyone remains on the same page.
With cloud technology, businesses can greatly cut down on their costs and avoid geographical restrictions. They can also use a multiregional infrastructure that is accessible from anywhere. This enables teams in different regions to collaborate using cloud technology and increases business efficiency and growth.
Cloud technology and managed services can benefit businesses in many ways, from preventing human errors to increasing productivity. These solutions make it possible to share information efficiently and make fast decisions.
5. Never miss an update
Cloud computing means that you don’t have to worry about the servers. That responsibility is taken over by your cloud supplier, who will take care of regular updates and security measures. This frees you from wasting time on maintaining the servers yourself and lets you focus on growing your business.
Move to the cloud today
Moving your business to the cloud is an excellent way to save resources and boost productivity. In this digital world, cloud platforms are essential for business functionality. They help companies manage all their data, which makes business operations more flexible and efficient. Unlike with physical hardware, you will be able to access the data anywhere, at any time, for your team. Think carefully about the feature set of your cloud platform. It should have everything you need, but also an established commitment to keeping your data secure.