Why It's Time to Move to the Cloud

Why It's Time to Move to the Cloud

As the digital economy continues to push the pace of business in the enterprise, the move to the cloud is quickly transforming from a nice-to-have to a must-have – companies can no longer risk faltering at the altar when it comes to making the cloud commitment.

Over the years, cloud solutions have come to offer companies a flexible, cost-effective and customizable option for running their operation that sheds a number of the restraints typically posed by on-premises solutions. And organizations are starting to recognize the necessity of cloud transformation, with a recent Gartner survey of senior finance execs finding that more than one-third of organizations will use the cloud for at least half of their operations by 2020. To avoid the fear of missing out, and lagging behind the competition, here are four reasons why companies that have yet to commit to the cloud should make the move now.

1. The cloud environment has matured

One of the early concerns inherent with the cloud was the lack of configuration and personalization available to enterprises looking to migrate complex, tailored systems. Early cloud solutions were not extendable and had finite ecosystems for integration. This was often an inhibiting factor for organizations, as enterprises couldn’t afford the risks involved with this type of migration – such as systems failures, lack of connectivity and data vulnerabilities.

Now, solution providers have been able to invest the amount of time needed to ensure they can offer intelligent, flexible and scalable solutions that fit the demands and needs of today’s businesses – and, the benefit of the cloud is that these solutions are constantly evolving and improving.

2. Security infrastructure is advancing

In this digital age, data is the new gold. With this, organizations have often found themselves conflicted to move their data to a public cloud and ultimately trust someone else to protect it – there is inherent risk in giving up control. However, as the cloud has matured, security protocols and encryption has improved, and we’re now equipped with much more experience in managing cloud applications in a robust, scalable and secure way.

Today, the majority of cloud solutions have rigorous security standards and security personnel in place to best recognize and address vulnerabilities, and also to create distinct boundaries when hosting multiple data sets – oftentimes from a number of organizations – side by side.

3. Agility and scalability are critical for technology today

The digital economy has created mounting pressure for organizations today to rapidly accelerate the pace of business and innovation. To put it simply, businesses need solutions that can keep up, but also in a way that is focused on all facets of growth patterns. Traditional on-premises systems are lacking in this area as they are slow to update and require a lot of regular, hands-on involvement from IT.

Moving to the cloud allows companies to be more agile in their operations and receive software updates every few months rather than years. The whole idea of an update changes when you move to the cloud. Not only are these upgrades less disruptive to the flow of business, but they ensure companies are up-to-date with the latest regulatory requirements. Additionally, the systems become much more scalable as companies grow both their teams and offerings, and geographically expand into other global regions.

4. Advanced technologies are needed to drive innovation

The need to innovate is a powerful driving force behind cloud adoption and right now, the market is at a truly pivotal stage in technological advancement. According to a study by Rackspace and LSE, 65 percent of IT professionals believe they can supply their organizations with better innovations if they have access to the right cloud knowledge. The cloud creates an opportunity for organizations to be more agile in their business processes, exploring and quickly implementing the latest technologies like artificial intelligence (AI), machine learning and new additions to the internet of things (IoT_. Adopting a cloud solution, especially as the cloud itself becomes more intelligent, can be the catalyst to help propel your business to its next stage of innovation.

While it is a top priority for every business to investigate what the right move is for them, the cloud is very clearly a next logical step in tech advancement. The iron is hot, so it’s time to strike or accept the risk of missing out on new business opportunities.

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