Cloud computing technology has given companies the opportunity to transform their business operations, but doing so effectively requires a stiff departure from the standard approaches of days past. The cloud is a legitimate disruptor, but much of its power comes from letting go of legacy systems that don’t support development in the new paradigm.
If you have yet to embrace the cloud, you risk being left behind as competitor companies look to harness the capabilities of these cutting-edge systems. Here’s what you need to know.
Cloud Computing Supports Other Emerging Technologies
The tech space is frequently visited by emerging technologies that are poised to reshape business as we know it. Artificial intelligence (AI) and machine learning are transforming everything from data analytics to customer interactions, while the internet of things (IoT) is growing more relevant in a range of industries. Even blockchain is well-supported by cloud tech, making a transition vital for many organizations operating within various financially-oriented spaces.
Many legacy systems and infrastructures simply aren’t designed to make the most of these emerging technologies, especially if an implementation needs to move forward quickly. Most traditional data centers have a specific maximum capacity, limiting their capabilities, and have a siloed structure. They lack the flexibility and communication connections necessary to make the most of these new technologies, so companies that don’t rethink their infrastructure and computing strategies won’t be able to leverage everything they have to offer.
Increased Business Efficiency
One of the largest, and easiest to realize, benefits of the cloud is the positive impacts on productivity and efficiency. Critical systems and software can be accessed from a practically limitless number of device types and aren’t necessarily tied to a specific location. This allows business to move forward regardless of where employees are located and what device is in their hands, as long as it meets the basic parameters required to access the systems.
Additionally, cloud solutions are highly scalable, providing much-needed elasticity to fluctuating business needs. The technology allows for rapid expansion with limited internal infrastructure changes, and can just as easily be compressed if things slow down.
Many cloud services providers are capable of providing the necessary level of security to meet the regulatory needs of nearly any industry, including those with particularly strict requirements, like financial and healthcare organizations. While security was initially a concern when the cloud first began reaching a position of prominence, many of those issues have been resolved. And some providers even have more robust offerings than certain company on-premise solutions, depending on how the systems are designed.
Ultimately, those who fail to embrace the cloud for at least portions of their operations are at risk of missing out on crucial opportunities that can help propel their business forward. With the number of cloud solutions available in the marketplace today, companies of all sizes have the ability to find a provider that can meet their specific needs. So, if you haven’t begun exploring your options, now is the time to get started.