There have been tons of technologies in the past that have transformed the way businesses operate. From multi-point telecommunications to the internet revolution, everything has seen quick adoption by leading businesses of the world.
In this race to get more technologically advanced, cloud services have been the biggest game-changer of modern times. The cloud has transformed user experience while at the same time made businesses and relevant data more accessible.
The global market size of cloud computing sat at a whopping $330 Billion, with more than 90% of the world’s companies operating on the cloud. At its current rate, the overall business spends on harnessing cloud computing’s potential is expected to double by the year 2023, which is one of the prime reasons to ask yourself the golden question: Is your business ready for the cloud? Here is a checklist of important aspects!
How To Know Your Business Is Ready For Cloud?
- Downtime Is Costing You
The problem with a server on your site is that in the end, it is hardware. In such conditions, downtime is inevitable. It will happen sometime soon. And that is a business expense that you will have to pay, however begrudgingly.
A study showed that more than 17% of businesses in the world paid close to $5 Million per hour of downtime. Cloud servers are maintained by professionals and work actively towards completely mitigating downtimes and the financial risks that come with them. If your downtime is costing you, it is time to migrate to the cloud. - Obsolete Hardware Too Difficult To Maintain Legacy systems and other hardware that is nearing their end-of-life cycle are going to cost you more than the profits they bring. Also, when it comes to rapid data transfer, depending on legacy and age-old hardware is not the smart choice. Instead of paying extra on their maintenance, migrating to the cloud will help you save tons of money in the long run.
- Threats and Cybersecurity
It is true that the rise of COVID-19 also brought about a 600% increase in the number of cyberattacks in the world. If you have faced or tackled a breach in your security in the past 15 months, you must know that it is not going to stop anytime soon.
Migrating to the cloud adds a number of extra layers of security to your business, something that you will appreciate if you deal with the personal and banking information of your customers. - Remote Working Conditions In 2020, the pandemic also forced 75% of the workforce to move to remote working. In times where working is not anymore confined by physical boundaries and you have people working for you from all over the world, cloud computing is the best real-time solution for all your collaboration and information needs.
- Expansions and Movements If you are expanding your business or wish to shift your business to a new geographic location, the cloud is your best friend. Not only will you be able to expand your business in new locations, but your systems will also continue to work while on the move.
Cloud can help your business in a variety of ways, and that is why this is the right time to spend some of your profits in strengthening your future. Become a part of the global digital and connectivity revolution by partnering with the leading cloud service provider in the world, SVAM International. Book a consultation with our experts for all your migration needs to the cloud.
