These days, most business data is already in the Cloud. And to be more exact, according to Statista around 60% of all corporate data is stored in the cloud. That’s a huge increase from just a few years ago. In 2015, only about 30% of business information was stored using cloud technologies.
In just 7 years, we’ve seen cloud adoption among companies nearly double. And it’s actually not too surprising when you think about why businesses are making the switch.
Moving to the cloud has a lot of benefits that are hard to pass up, from cost savings to increased data security. The “cloud” has transformed the way we store and access data.
If you’re still not sure about the cloud or even if you made the right choice to adopt the cloud, here are 5 powerful reasons we believe your business (and in fact, any company) should make the move to the cloud in 2023.
1. It’s cost efficient
Now, of course, we will start with the costs, as everything revolves around money. Well, one of the most important benefits of the cloud is lower upfront and ongoing costs compared to maintaining physical servers. Once you adopt the cloud model, capital expenditures change to operational expenditures which are more flexible.
That’s because your business will avoid the high costs of purchasing hardware, software licenses, data center space, power and cooling systems, and IT staff to manage infrastructure. In the cloud, all these computing resources are billed on a pay-as-you-go basis, so you won’t need to have large unrecoverable investments.
Now, if you keep your servers in-house, you know that these require durable parts, maintenance contracts, software licenses and regular security updates all the time. Well, all these responsibilities will be handled by your cloud provider which will significantly lower your maintenance costs. And if you have an IT team, this will also free up their time and let them focus on other business-critical tasks.
Downtime costs are also minimized since your cloud provider should guarantee high availability through geographic redundancies.
2. It’s truly scalable and flexible
Who doesn’t want limitless capacity and flexibility? Well, another key advantage of cloud computing is its amazing scalability. Let’s see what does that mean exactly.
In the case of traditional IT infrastructures, these are limited by the capacity of their hardware. So, if your business grows and needs additional resources, it has to invest in more hardware, and this can be time-consuming and costly.
Now, contrary to this, cloud services are designed to provide on-demand scalability. They allow your business to quickly scale up or down your IT resources based on demand. In most cases, you or your team can make changes in minutes through an online dashboard.
This makes the cloud an ideal solution for businesses with growing bandwidth demands. And your team will also benefit from this, as they won’t need to spend too much time on capacity planning anymore.
3. It gives you access to built-in security features
According to Statista’s recent report, the global cost of cybercrime is expected to rise from $8.44 trillion in 2022 to $23.84 trillion by 2027. So, keeping your data and business safe is a must in these coming years.
Cloud service providers have advanced security measures in place that often surpass those of traditional IT infrastructures. These services include a range of security features, including encryption, access control, and firewalls to protect sensitive data.
Here are some of the methods cloud providers secure their infrastructure:
– Physical access to systems is restricted with biometrics, ID cards and security guards.
– Continuous monitoring to detect anomalies while automatic patch management remediates vulnerabilities centrally.
– Storage encryption protects data at rest while transmission security safeguards the information in transit.
– Preconfigured templates reinforce authentication, authorization and access management best practices.
Of course, you could also invest in an on-premises infrastructure but that would require a substantial security budget for firewalls, anti-malware software, access controls and regular audits, among others.
More than that, some cloud providers have dedicated security teams ready to manage these security features and monitor for cyber threats 24/7.
This is especially important if you have a small to medium-sized business and may not have the resources to maintain such high levels of security on their own.
4. It ensures the continuity of your business
Is critical that your business has strong continuity and disaster recovery plans in place. Unanticipated events like natural disasters or power failures can lead to your business losing its data and this can put a stop to your operations.
As discussed above, there are also anticipated events you can expect to happen at any time, yes, we are talking about cyber attacks, which can also have a huge negative impact on your business,
As you may know, traditional data backup and recovery methods can be complicated, costly, and time-consuming. By moving your data to the cloud, you can make sure your business their data is safely stored in multiple locations and can be recovered quickly in the event of a disaster.
And, even more amazing, most cloud providers also offer data replication services, that keep your data safe by duplicating it across different regions or zones.
5. It helps your team collaborate and be remote
With the cloud, you can forget about the old times when your team could only work from the office. Once your data and systems are on the cloud, your team can access, edit, and share systems and files from anywhere with an internet connection. This makes remote work possible and supports distributed global teams.
More than that, various team members can view and edit documents at the same time, with updates being synced instantaneously. This real-time collaboration can only improve your overall business productivity and also make sure that everyone is on the same page.
Your partners or consultants can also benefit from collaboration tools, as the cloud allows them to have secure access to your business data. Cloud tools like file-sharing services can actually simplify all your projects with partners and vendors.
6. It automates and optimizes your tasks
Imagine not having to do all the boring systems management tasks as advanced cloud platforms can automate and take care of it all for you with programmatic APIs and management consoles.
They can automatically handle regular maintenance, software updates, making backups, and also allocate storage without your team having to be involved. This means they will have more time to focus on other strategic tasks.
And there’s more, the cloud also gives your businesses powerful analytics tools that can help you track how resources are used, optimize configuration baselines, and adjust operations continuously. It’s like having a dashboard where you can monitor and control your services.
Ready to move to the cloud?
As you can see moving to the cloud is no longer a futuristic concept, but a very important step in every business’s digital transformation journey!
And if your business fails to adapt, it risks being left behind. That’s why we hope we convinced you that adopting the cloud should be a mandatory part of your business strategy for 2023.
From cost savings and increased scalability to advanced security and collaboration, the cloud offers essential benefits.
And on our part, we can’t wait to see how the cloud evolves in the coming years!
We can help you get the most out of the cloud
Of course, moving to the cloud is an important decision, one that requires the right kind of planning and execution. It’s crucial to know your business needs, understand the different types of cloud services, and choose a reputable cloud provider. With the right approach and partner, moving to the cloud can help your business work more efficiently, react more quickly to market changes, and ultimately, drive growth.
For all of these to happen smoothly, it’s important that you have by your side experts who can guide you every step of the way. That’s where our team of certified cloud specialists comes in.
They are here to make sure your cloud strategy is secure, reliable and optimized. But don’t just take our word for it – our specialists would love to chat with you about your unique IT needs.
So, whether you want help with a full cloud migration or just need some IT assistance managing your existing setup, we’ve got you covered. Our cloud specialists will work with you to design a custom-made solution for your business’s needs.