According to a Cloud Migration Services market report, global industry factors have been and continue to be met with historical performance between 2015 and 2023. As more businesses are transitioning to remote work positions because of Covid-19, cloud migration is definitely on the rise in 2021.
Cloud spending has risen approximately 37% to $29 billion during the first quarter of 2020. The trend is reported to persist as more virtual work opportunities become available due to the pandemic. Businesses are on the hunt for scalable, secure, reliable, and cost-effective off-premises technology solutions.
Hybrid Cloud Models
When going virtual and shifting to remote work positions, the challenge many businesses face is how they can meet their traditional data center needs alongside the need for the cloud-based technology they have to now utilize. They also have to ensure that they have the same growth opportunities and advantages available to them.
To accomplish this, businesses need an infrastructure that offers them better management solutions, orchestration, security, and connectivity to streamline their operations and learn how to operate much more effectively using a hybrid cloud model.
Making the Transition
When it comes time for your business to transition to a hybrid cloud model, there are a few things you need to keep in mind.
Strong Customer Relationships
Since the Covid-19 pandemic’s beginning, customers have had to reprioritize needs and expectations. This is something you need to keep in mind as we travel further into 2021. Doing so puts you in a much better place for positioning yourself into the right infrastructure solutions based on the needs of your customer base.
As you decide on cloud migration, make sure to assess your workforce and your current technology infrastructure. How can these systems support the ability to develop and implement new cloud-based services? Make sure you have the right technology, strategy, and skills needed.
Maximum Performance, Minimum Risk
The pandemic has highlighted the importance of adapting and responding to unplanned and unforeseen situations and business disruptions. A significant percentage of a business’s future revenue depends on this responsiveness and scalability. It requires a resilient infrastructure, applications, and data resources to remain competitive.
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Remote Work Speeds
Remote work is becoming the driving force behind cloud migration. Businesses are looking for increased efficiency and more cloud usage as their employees shift to remote work. They need to be sure that everyone can access the data they need, even if they are not on the premises.
Declining On-Premises Solutions
There is reportedly also going to be a decline in on-premises operations over the next five years. Before the pandemic, 35% of workloads resided on the premises. However, that number is expected to decline over the next several years as more of the workload will utilize off-premises solutions like the cloud.
Private and Public Clouds
The workload is also said to remain pretty evenly split between private and public clouds, even with cloud migration. People are estimating that more information will migrate to a private cloud versus a public cloud.
Effective Planning for Cloud Migration
Effective planning and strategies are needed for a successful cloud migration because it can change your enterprise’s entire structure and may interrupt workflow for a short term or long term period.
You need to find the right balance between accessibility and security and understand the many vulnerabilities there may be during the migration process.
Migration Best Practices
Make sure to communicate cross-functionality across your entire organization and ensure compliance, monitoring, data storage, identity, and access management measures in place. There should be clear instructions available pertaining to the implementation.
Continue to Learn
Employees need to go through proper training when it comes to implementing a cloud solution for business. They need to understand how to use and access the system, understand the value of multifactor authentication, and learn the best practices and security practices needed to keep cloud operations secure.
Advantages of the Cloud
Cloud migration has many advantages. When you choose SAP Business One on the cloud, you will find:
- Easy and Quick Access: access any data and applications you need at any time and from anywhere
- Affordability: It is a cost-effective option with no upfront costs. You only pay for a service that provides you with the maintenance and support you need.
- High Level of Security: You will have access to high-security measures so you can rest assured knowing that your data is well-protected and secure
- Quick Deployment: cloud-based software is over the internet, meaning that you don’t have to have an on-premises installation of a physical server that can result in downtime for your business.
For more information or to get started on your cloud migration, contact the experts at Cloud One today.