What is the Opinion of Industry Leaders on Cyber-Secure Cloud?
Migrating to a cyber-secure cloud is a means to successfully modernize IT in any company. Industry leaders have already exemplified various software-as-a-service (SaaS) solutions, and the next phase we’re looking at is mass adoption.
Nonetheless, if you are overwhelmed at the thought of migrating to the cloud, you are not alone. Business leaders at large are often concerned about costs, security of their data, and system stability. This blog will attempt to provide you with a seasoned perspective and uncover why these doubts don’t hold much ground.
Why are Enterprises Transitioning to the Cloud?
Of late, the cloud has become the go-to choice for businesses looking to store their data and host their applications. As a result, various industry leaders have started shifting from legacy data storage solutions (private servers or on-premise data centers) to modern cloud hosting platforms, and there are a few broad reasons why this is happening.
Cyber-attacks are getting sophisticated, and the threat of a security breach gets imminent with every passing day.
According to Deloitte Insights, 37% of business leaders (in a survey of 500 participants) claim security and data protection are the leading cause to migrate to the cloud.
Enterprises are thus turning to third-party cloud and managed security services providers that are known for their potential in mitigating security-related incidents.
The fact that data storage solutions have evolved is another reason why a large percentage of US companies today are moving to the cloud. Today, you need real-time and targeted analytics on your data, and since you rely on insights generated from data mining, the cloud becomes more of an essential means to modernize your data platform.
What are the Advantages of Switching to the Cloud?
Migrating to the cloud gives enterprises an edge over their competitors in numerous ways. Here’s how:
- Scalability : The cloud gives you control over your resources in contrast to other solutions where contracts and one-size-fits-all plans bind you. Moreover, scaling up creates a bottleneck situation when using legacy systems, making it difficult for you to adapt to growing consumer demands. Adopting cloud enables you to scale up or down based on your shifting business requirements.
- Cost : Migrating to the cloud reduces enterprise operational costs the same way it strengthens IT processes. The savings from maintaining expensive data centers (hardware and labor costs) is only one part of the deal. Adopting the cloud also implies there’s lower initial seed investment, and on top of that, you get increased productivity from your employees, which is a huge bonus.
- Accessibility : The accessibility feature of modern cloud services allows your business to grow while fulfilling your operational needs. It lets your employees collaborate regardless of their location or hardware differences. Meaning you can access your data from anywhere without worrying about the state of your machinery.