7 Benefits of Cloud Migration

Cloud is already mainstream.

Software, infrastructure, services, applications, products and even operating systems – they all are making their way to the cloud. The top cloud providers of 2020 are AWS (the leader in IaaS), Microsoft Azure (hybrid player and enterprise favorite), and Google Cloud (working to break into digital transformation budgets). Every cloud service provider is working towards building business resilience with cloud.

If you have been on the fence about transitioning to cloud, here are some statistics to inspire confidence in you –

90% of companies are on the cloud. The global cloud computing market is expected to reach $623.3 billion by 2023. Cloud infrastructure spending surpassed $80 billion in 2018. The revenue from the global public cloud computing market was set to reach $258 billion in 2019, which was about half of that – $154 billion in 2017.

That’s an impressive speed of growth, isn’t it?

Cloud Migration is a process in which cloud service providers help organizations to move their applications, data, and other business elements from on-premise (legacy) environments to the cloud environment. It also refers to the process of moving applications and data from one cloud platform or vendor to another. There are different cloud strategies for different business requirements. Some of the most commonly used approaches are Rehosting, Re-platforming, Repurchasing, Refactoring, Retaining and Retiring.

Be it any strategy for any purpose. The decision of adopting cloud or transforming existing cloud strategies will make a world of difference for your organization. Increase in cloud adoption’s raison d’être is anywhere, anytime data access. We have identified 7 key advantages of cloud migration that we call the ‘CLOUD PROMISE’ to give you the confidence to migrate to cloud, if you already haven’t.

Productivity Improvement:

According to IBM, across the globe, 85% of the organizations are exploring a multi-cloud strategy with an intent to improve productivity. AWS states that cloud migration enables a 30-50% increase in productivity. Cloud provides multiple resources, applications and tools at your fingertips. It also enables data security, access to the best cloud technologies, free and timely upgrades, etc. US economy bears a cost of $600 billion a year due to external distractions at the workplace. With remote collaboration, employees can spend the same amount of time while improving productivity.

Responsive Agility:

Agility is a must-achieve feature in any business environment. It is an attitude, ability and readiness to manage and respond to business challenges, changing market demands, government policy changes and other threats effectively. Organizations that invest in a robust IT infrastructure can optimize and scale as required. Cloud promises to make businesses agile by not merely committing responsiveness but also creating valuable and reasonable solutions to cater to the current business demands. Businesses can enjoy the plug and play solutions without impacting business as usual. Cloud environment is built to help teams take applications to the market faster than expected, reduce infrastructure complexity, add innovation to the environment, increase collaboration between employees and ensure business continuity.

Operational Efficiency:

To improve operational efficiency and boost the bottom line, enterprises deploy their applications to the cloud. There are several cloud adoption experts in the market, but an organization should look at experts who can transparently provide cost-effective, optimizable and customer-centric solutions in the cloud. The ultimate cost reduction and time efficiency come from operational excellence. The “pay for what you use” model of cloud computing is significantly cheaper for a company enabling them to focus the available funds for other operational costs.

Mobility:

One of the smartest reasons to move to the cloud is to enable mobility for your business. Cloud enables easier use of mobile apps. The end of 2014 saw a 52% rise in the time spent on digital media through mobile apps. Undoubtedly, this figure is growing. Customers want access anytime and at any place. This can be enabled through cloud. A secure and well-connected solution to migrate the data on the cloud while on-the-go is what anyone would want. That forms the basis of improving the customer experience.

Improved Cost Management:

Organizations should look for service providers who provide the option for autoscaling –it is one of the most efficient ways of optimizing cloud. The autoscaling option enables you to scale up when needed and scale down when the need is over, leading to cost savings. According to Rackspace, 88% of companies save money when running services in the Cloud. A local server or a legacy set up demands regular maintenance costs that just adds to the overall cost. There is no such maintenance requirement when it comes to cloud. You need not spend on on-site staff to manage systems and also need not purchase expensive systems for resource enablement.

Scalability and Speed:

You can upscale in real-time as required and save money. So, if you have just 10 customers today and wish to grow to 100 or even 1000, you can scale up and pay for what you need. Due to unexpected conditions, if there is a drop in the number, you can scale down. The on-demand business model benefits future IT infrastructure and resource allocation. Workload reduction enables teams to concentrate on other critical business requirements. Cloud migration services also enable organizations to deploy apps quickly. The whole idea is to take the applications and services to market faster than ever. Organizations can reduce time to market by 40% easily. We have enabled this for many organizations. Here is one of the cases.

Enhanced Data Security:

Security becomes one of the biggest considerations in deciding to shift to cloud. Despite this being considered as one of the disadvantages due to an open environment, most cloud providers take care of some security issues. Good cloud providers have solutions for keeping unwanted traffic outside the premises, keeping data from vulnerable attacks, password protection, etc. Security in cloud is an unfathomable topic and one can turn it to their advantage by choosing the right service provider. We have put together a whitepaper that describes challenges with cloud security and the road ahead.

While this article covered the key benefits of cloud adoption, there are some disadvantages that can be easily overcome if you have an experienced service provider who can help you foresee the challenges as per your business needs and ensure a smooth transition without affecting business continuity.

The benefits of cloud migration are pragmatic and boundless. If you are looking for an IT system and a service provider that would create a growth model built on agility, resilience and disruptive innovation, Hexaware’s cloud migration approach fits the bill perfectly. Our AmazeTM for applications is a cloud re-platforming product suite primarily for Java and .NET applications. It is automation-led, re-platforms an application in just 4 to 6 weeks, cuts down licensing costs, and reduces 75% of manual efforts. Similarly, our AmazeTM for Data and AI is a state-of-the-art cloud modernization service that enables rapid transformation and deployment of data and analytics ecosystems on leading cloud platforms. With 100+ Microsoft Azure certified consultants, 50+ AWS certified consultants and 30+ Cloud engagements, our team at Hexaware can make your cloud investment a remarkable success.

Wait no more. Do not procrastinate.

Adopt Cloud. Embrace Digital Success.