What prompted so many diverse industries to transition to cloud platforms?
The world is increasingly adopting cloud technology, as has been widely observed in recent years. Organizations have discovered that it is feasible to operate a computer system without the user directly controlling it. It is clear from compelling statistics gathered from around the world that the cloud is here to stay for a very long time.
By 2025, the public cloud computing market will be worth $800 billion. Statistics on cloud adoption show that in 2020, seven out of ten businesses that used the services chose to invest more money in the region. According to a Flexera report, nearly six out of ten enterprises will have moved their operations to the cloud by 2025. According to a TechRepublic report, cloud container adoption has been estimated to reach 50% by the end of 2022.
Since 2020, almost all IT leaders have planned to distribute workloads across numerous clouds, increasing the prevalence of multi-cloud systems. Consider Netflix, a popular streaming service giant, turning to the cloud for scalability support to handle spikes in demand and downtime in activity after realizing it was outperforming the capabilities of its traditional data center. Another excellent illustration of cloud adoption is provided by Xerox, which offers a cloud printing solution that allows users to use printers from anywhere and another cloud service aimed at small and medium-sized businesses.
However, the question is what spurred cloud adoption. Cost-effectiveness, reliability, large scalability reach and easy unrestricted access to the relevant stakeholders are some of the most important factors that provide answers.
Cloud providers offer significant cyber solutions, where the cloud can help reduce security concerns. It was reported some time ago that 51% of businesses demand more agility and great IT speed, which has forced IT managers to use the expertise of independent cloud infrastructure more often to protect their data. Cloud technology also currently enables employees to securely access information and work platforms from anywhere.
Another benefit for businesses embracing cloud computing is the flexibility it offers to their workforce. The move to the cloud is expected to save businesses 30% to 50% on operational expenses.
Additionally, cloud computing supports tactics to increase team productivity. Even when they are in different locations, it allows employees to collaborate and communicate freely about tasks.
A Salesforce survey revealed that 94% of companies said moving to the cloud improved their security. Moving to the cloud makes it easier for them to meet legal obligations, according to 91% of survey respondents. Disaster recovery is an additional layer added with security. This is another benefit of cloud computing.
Businesses now have unprecedented access to data backup capabilities thanks to cloud technology. The consensus among experts is that cloud backups are more secure than in-house backups. However, the majority of businesses are barely 20% of the way through their cloud journeys, according to a McKinsey & Company study for IBM. According to the report, 80 percent of workloads are still on-premises, with the exception of the simplest workloads, which migrate.
Many organizations are unable to simply move data or workloads to the public cloud due to critical considerations including security, compliance and geography. To achieve their business goals, 94 percent of the organizations studied use multiple cloud providers, according to a McKinsey & Company study. The early stages of multi-cloud adoption for firms is also becoming a bottleneck. Businesses also face difficulties in attracting and keeping the qualified staff they need to migrate to, manage and manage their cloud infrastructure.
Organizations should keep their business goals and objectives in mind while taking their first step into cloud computing. Making sure their IT staff is ready to move to the cloud is one of the crucial goals. Before proceeding with a complete risk assessment and project scope, a thorough migration process involves an investigation of the business’s needs. After that, the operational phase begins. If a company has the right support in place, migrating to the cloud doesn’t have to be difficult, but it shouldn’t be rushed either.
A smooth migration process can lay the foundation for a robust and adaptable company. Therefore, it is crucial that each stage is handled methodically and that the company continues to receive the full support of its supplier. With a strong pool of cloud consulting experts like CloudThat, businesses can make their cloud adoption journey hassle-free with a modern cloud infrastructure that enables application deployment and scalability from anywhere, anytime.
Views expressed above are the author’s own.
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