Why Now is the Time to Switch to Cloud
Many businesses are moving away from using legacy technology and over to the cloud, and with good reason. The cloud can provide a number of different benefits to help businesses be more efficient, save resources, and keep up with their competition.
The Cloud Saves Company Resources
Small businesses and startups are great case studies to demonstrate the cost benefits of cloud services. Most SMBs don’t have the resources to build out their own data centers, manage their servers and all other IT-related costs. Moving many of those functions over to the cloud allows them to allocate resources to other areas of their business. According to a study done by Solian Consulting, small businesses spent around $15.5 billion on cloud services in 2015. So where is all that spending going?
The number of cloud services for business is ever increasing. For example, project management in the cloud allows for employees around the world to collaborate and keep track of tasks more efficiently. Companies working on application development also save costs on hardware and building their own data centers by simply outsourcing their activities to the cloud. Backup and disaster recovery in the cloud also allows for companies to save time and resources. Instead of spending valuable time on managing physical backups in-house and sending tape backups offsite, the process is automated. The list of cloud services that are out there goes on and on, and new services are created each day as demand continues to grow.
Competitors are Moving to the Cloud
Keep in mind that if you decide not to switch to cloud just yet, chances are that your competitors are already there. It allows for SMBs to level the playing field with their established competitors, and bigger companies are also using and planning on increasing their spending in cloud services. According to a survey conducted at the Gartner Symposium IT Expo, 1 in 3 IT leaders anticipate an increase in cloud spending, with security, external sharing and shadow IT as their top priorities.
Keep up with User Expectations
Users have come to expect instant gratification when it comes to their technology, and that includes business systems and applications. They need it to be easy to use, collaborative, mobile, and flexible. Legacy technology can no longer keep up with these needs, so the speed factor of the cloud services is a huge advantage. Whether it’s getting fast feedback on a project or recovering a lost file from cloud in an instant, faster response times for all aspects of technology is best.
With so many users and businesses moving their activities to the cloud, it’s no wonder that the cloud industry is expected to be valued at $270 billion by 2020. A growing demand for different solutions and a significantly lower price tag compared to the cost of maintaining in-house IT systems make the cloud tempting for any enterprise.