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Even before the COVID-19 pandemic, cloud adoption was on the rise as businesses focused on digital transformation to keep pace with their competitors. After 2020’s sharp increase in work-from-home arrangements, the demand for cloud has grown even more, with Deloitte predicting cloud revenue growth to remain above 30% from now through 2025.¹

Cloud migration benefits have become clear in today’s business landscape; the events of 2020 forced many businesses to grapple with and admit to the extraordinary advantages cloud offers. Businesses see great cost savings and increased security from cloud migrations, along with a host of other benefits.

How Cloud Migration Helps Businesses Save Money

Every year, an increasing number of organizations cuts costs by moving forward with cloud adoption. Cloud migration promotes cost savings in a number of ways:

• There’s little to no capital expenditure required. Cloud services are generally set up as predictable, monthly operational expenses and require no new hardware to implement. This eliminates large upfront investments and allows businesses to plan ahead and budget accurately.
• Cloud eliminates internal staffing struggles. It can be costly to recruit, hire, and train internal IT staff, whether you’re filling a new position or replacing an existing employee. With your cloud provider managing your IT environment and handling day-to-day maintenance, staffing is less of a concern – and internal employees are free to focus on more critical long-term strategic initiatives.
• Off-premise hardware = energy savings. With no hardware to keep running on-site, your energy bills will be significantly lower. Even if you pay your cloud provider for their energy costs, the expense is less than what you’d shell out to use your own circuits.

How the Cloud Is More Secure

While cyber security is an evergreen business concern, it’s become particularly complex in the modern era of remote and hybrid work arrangements. Cloud services provide security advantages over on-premise technologies:

• Automatic updates ensure proactive security. Research suggests almost 60% of data breaches occur as a result of a missed operating system or application patch.² Cloud providers regularly update their solutions and automatically install patches – so you’re protected from any potential threats. 
• Physical security is no longer an issue. Moving your servers off-site means you no longer have to worry about protecting them from physical breach. And cloud providers typically have stringent disaster recovery measures in place, so even in the event of a natural disaster, you can rest assured your assets are safe.
• Gain expert protection. Cloud providers ensure their solutions are secured against all common threats. As the cyber criminals become more sophisticated, your provider will stay up to date with advancing threats and take necessary measures to secure your systems and data – so you don’t have to.

Adapt to Today’s Business Environment With Cloud

Beyond key factors like cost savings and security, cloud migration benefits include flexibility and scalability – so your business can adapt easily to change, no matter how drastic or unexpected. In 2020, businesses realized cloud adoption was necessary to stay competitive. This isn’t a passing trend – successful businesses will continue to take advantage of the cloud long into the future. 

Working with a cloud expert like Enterprise Visions will ensure you receive maximum advantage from your cloud migration. If you’re ready to reap the benefits of the cloud, contact Enterprise Visions today. We’ll help you leverage cloud to stay secure, save money, and remain competitive – now and into the future.

Sources:

1. https://www2.deloitte.com/xe/en/insights/industry/technology/technology-media-and-telecom-predictions/2021/cloud-migration-trends-and-forecast.html
2. https://www.darkreading.com/vulnerabilities---threats/missing-patches-misconfiguration-top-technical-breach-causes/d/d-id/1337410