5 convincing reasons to migrate to the cloud

David Banks
Authored by David Banks
Posted: Tuesday, April 16, 2019 - 10:40

According to a survey, an overwhelming 90% of companies are considering or already have invested in cloud migration. Numerous other studies conducted in the past few years have similar findings, making it clear that cloud is the future of business.

This modern form of accessing software has countless benefits for businesses, helping streamline operations, lower costs, and create an overall more efficient and secure way of working with data. If your business is still unsure as to whether cloud migration is worth the cost, these five reasons are sure to seal the deal.

The Cloud is Futureproof

Studies have found that banks are spending huge portions of their IT budgets carrying out legacy technology maintenance. For businesses that have been around for some time and are still relying on old technology, it poses a major threat to their financial and physical security.

Estimates show that banks (who are the most reliant on legacy technology) can cut IT costs up to 75% by re-platforming. In the case of banks, it also helps with reports, analytics, and improving security measures. Moving to the cloud ensures that your business is open to change - a prominent aspect of modern technology.

Existing Systems can be Migrated

Many businesses rely on certain software and technologies to carry out their operations. This can be a challenge, if things go wrong and there aren’t any cloud-based alternatives available to take their place. Fortunately, cloud services from the likes of UKCloud provide organisations with the ability to transfer traditional systems into cloud-native architectures.

Public sector multi cloud services by UKCloud have helped connect organisations to a wider network of resources and make their services much more readily accessible.

Improved Scalability

Traditionally, businesses plan for unexpected times of growth by investing in additional data servers, storage and the licensing that comes with them. Whether these reserve resources will be realized or not can’t always be determined. This means that a potentially large amount of money has gone to waste.

On the other hand, cloud computing has vastly superior scalability. Purchasing additional storage space or processing power is easy. The provider simply upgrades the package and within minutes, your business will have the additional resources it needs - at a much lower cost.

Improved Security

Storing data on physical servers on-site comes with a number of risks that can greatly jeopardise the security of your business. If devices such as employee laptops are stolen from your premises, the data they hold can easily be compromised, leaving you with little you can do about it.

If your data is stored on the cloud, removing access to it from a certain device can be done within seconds. You also have the option of deleting that data or moving it to another account.

This is just one of the many security benefits that come with storing your data in the cloud.

Efficient Collaboration

Cloud migration is a great way to improve team performance and ultimately reach goals sooner due to the improvements in efficiency. Employees can easily share data between devices no matter where they are and every change is reflected immediately across the board. Increased productivity, efficiency, and cost savings are clear here.

Conclusion

Running your business from internal servers seems pretty ineffective, when considering the costs and frequent need to update technologies used in the working environment. Embracing the benefits of cloud computing now will allow your business to flourish in the future by creating a flexible platform that’s adaptable to change.