According to LogicMonitor’s study titled Cloud Vision 2020: The Future of the Cloud, 80% of enterprises are committed to running a hybrid cloud architecture for their businesses by 2018. 60% of polled enterprises report having plans to operate in a multi-cloud environment by the end of 2018.
Migrating to the cloud is a choice that more companies are making now than ever before, and the reasons for this decision are clear.
Moving to the cloud takes you out of the data center business and enables you to focus your company’s efforts on what it does best. Cloud providers have a massive advantage over in-house and on-premises solutions in that they are backed by millions of dollars of research and development, as well as an international network of hardware dedicated to providing the best possible IT solution for their clients.
Reasons for Cloud Migration
There are numerous reasons a company will initiate the process of migrating to the cloud. The benefits of cloud migration are many, and while every business has its particular set of pain points it wants to address, the end result is usually a net positive for the business.
Whether you’re operating a startup or an established enterprise with a large IT department, the public cloud offers a wide range of industry-leading features and opportunities that boast an abundance of advantages to traditional on-premise architecture.
Growing Data Requirements
Data is the driving force behind business in 2018. Virtually every industry from home appliance manufacturing to traffic control involves some level of data collection and parsing on behalf of the operating enterprise.
According to IBM, every day over 2.5 quintillion bytes of data is generated worldwide. That’s roughly 2.5 million terabytes of data. That figure was theorized in 2013 and has been repeated by big data companies ever since.
The fact of the matter is that we are generating more data every day per capita than ever before. More importantly, that data is being routinely accessed and updated at an accelerated pace.
A recent Cisco white paper outlined an estimated annual global IP traffic of 3.3 ZB per year by 2021. This ever-increasing transfer of data is driving businesses to look for larger, more scalable solutions.
Compliance is another important reason for cloud migration. Businesses that work with clients’ data are especially susceptible to audits from their regional governing bodies. Your ability to meet strict compliance standards for data security and handling makes the difference between being in business and being restricted from doing business by various entities.
Big public cloud providers meet virtually every compliance standard required to do business in the world’s major markets. GDPR, which is going into effect in May 2018, affects every business operating around the world that deals with customers located throughout the European Union.
Other compliance standards such as HIPAA need to be met in order to work with specific types of data and/or clients. Any organization wanting to store patient data for medical organizations should be operating on HIPAA-compliant infrastructure.
Predictable accounting is another common reason for cloud adoption. Traditional on-premise server infrastructure falls under capital expenditures (CapEX) in which companies are forced to make a guess as to how much hardware they need to purchase to meet their needs.
Cloud-based solutions fall under operational expenditures (OpEX). Your organization is charged for what it actually uses, rather than buying hardware that it may or may not even utilize to its full potential before it falls into obsolescence.
Cloud services are built from the ground up to scale. Organizations running on the cloud do not need to purchase additional hardware or put teams to work setting up additional infrastructure to meet a spike in demand. The infrastructure is there ready to be used when it’s needed, and all of the major cloud providers have systems in place to make scaling easier and better automated.
Reliability & Redundancy
The big three US-based cloud providers have redundant services scattered throughout the world. A series of regions and availability zones gives these cloud providers the ability to provide redundant, low-latency connections to your network from anywhere you operate.
It’s not uncommon to see 9.999% uptime service level agreements from major cloud providers these days. Even having a redundant fallback server on another zone in the same region will give you a clear advantage over having a single data center location in the event of a fire, flood, power outage, or any other unforeseen circumstance.
Want to add the latest technologies to your company’s network? You could spend a great deal of money and staff resources creating it for your on-premise architecture, or you could take advantage of the cutting-edge technologies made possible by leading cloud providers.
Google Cloud, Microsoft Azure, and Amazon Web Services have invested heavily in the latest technologies, including machine learning and artificial intelligence. They’ve created a library of solutions to meet the needs of virtually every industry, and they’re accessible at the flip of a switch. Even Chinese-based cloud provider Alibaba has quantum computing services available as part of its cloud platform.
Security is another area where the cloud has a clear advantage over do-it-yourself solutions. Top cloud providers employ large teams of leading security experts that monitor and respond to security risks around the clock.
That’s a tall order for any enterprise to keep up with, and individual IT departments end up reinventing the wheel by creating their own custom implementations of solutions that already exist in the cloud.
Perhaps the most compelling reason to migrate to the cloud is the simple fact that not every enterprise wants to be in the data center business.
Companies thrive in an environment where their entire team is focused on the business’ goals, rather than having to spend time and company resources managing a data center.
Cloud migration is no small undertaking, however, the benefits both in initial investment and ongoing costs are clear. Having a sound plan in place before committing to a cloud provider or plan will save you both time and expense.
Having a good broker on your side will not only save you money on the actual cloud services (brokers often work out considerable discounts with the cloud providers) but assist you throughout the process to ensure that your company is paired with the right provider and plan to meet its needs. Contact a DoubleHorn specialist today if you are interested in learning more about Cloud Service Brokerage.
A Cloud Service Broker can guide you through finding the answers to many of the questions you have on cloud migration! More importantly, they can help you throughout the entire process and help save your company money and stay in compliance.