23 May 2022

Cloud services are popular among businesses of all kinds and industries because they are a quick, secure, convenient, and cost-effective way to conduct business.

On the other hand, each company, such as those providing banking solutions, takes its approach to cloud adoption. Others attempt to shift much of their corporate systems to the cloud, while some successfully implement software-as-a-service solutions or embrace cloud techniques for new systems.

However, don’t confuse a simple cloud migration with an overarching transformation strategy required to utilise this technology fully. Simply moving to the cloud will not make you a winner. Furthermore, this technique may cause IT architectures to become more complex and costly than previously.

One-off tactical moves will not disclose the entire worth of the cloud. Instead, you should develop and implement a comprehensive digital transformation strategy.

Adopting current security measures, standardising and automating the IT environment utilising an open API approach, operating in an automated agile paradigm, and using new chances to create creative business solutions are all part of the plan.

While the cloud is not required for these advancements, it can help digital transformation tremendously. Companies that excel at cloud adoption bring new products to market faster, innovate more easily, and scale their organisations more efficiently while lowering their IT risk.

Why Do Businesses Go For The Cloud?

Cloud computing, or remote computers hosted on the Internet, is used to store, manage, and process essential data while leveraging the public cloud’s technology resources. It provided cloud access through one of the following services:

● Software-as-a-Service (SaaS) – Companies can utilise the program on their local PCs without downloading it. Microsoft Office 365 and Adobe Creative Cloud are two examples.
● Platform-as-a-Service (PaaS) – Companies can access the whole cloud computing model, including software, hardware, and infrastructure services. Microsoft Azure and Google App Engine are two examples.
● Infrastructure-as-a-Service (IaaS) – Companies are given a development environment, safe data storage, software development and testing tools, and functionality monitoring. Oracle Cloud Infrastructure and Amazon Web Services are two examples.
● Serverless Computing – The goal is to provide application functionality without worrying about managing the servers and infrastructure. The cloud provider handles configuration, capacity planning, and server management. Serverless architectures are scalable and event-driven, consuming resources only when a specific function or trigger is called.

Customers of insurance software solutions can also connect to private, public, or hybrid networks.

What Advantages Does Cloud Computing Offer Your Company?

Your company will get numerous benefits from cloud adoption. You have a virtual workplace and may access your data from anywhere and at any time. Take a look at all of the benefits:

Business Operations That Last

Cloud computing can help businesses be more resilient because it offers 99 per cent uptime with no danger of failure. Whether you’re experiencing a power outage or another issue, putting your data in the cloud will keep it safe and secure. You may continue doing business as usual with access to your data, reducing downtime and lost productivity.

It allows you to swiftly scale up or down the size of your operations and storage requirements to meet your current business needs. Furthermore, your service provider handles all updates, allowing your company to save time and money.

Clouds enable smooth data integration during mergers and acquisitions, the launch of new goods or services without spending money on system support, and cutting-edge technology and tools to help a tech-savvy company thrive.

Capital Expenditures Are Lower

Because all network and storage infrastructure is accessible from the data centre, there is no need for any in-house infrastructure equipment while using the cloud. Because the cloud provider offers all of the necessary infrastructure and resources, the organisation does not need to spend money on upgrading hardware or obtaining software licences for a limited time (hardware and software).

On-demand resources are available, and excess resources can be reclaimed to save money. Similarly, a corporation or eGovernment software solutions cannot afford to hire IT personnel to maintain infrastructure.

Collaboration Has Improved

Collaboration is a breeze with cloud computing. Your team members may easily and securely see and share information through the cloud platform.

Some cloud services even allow your staff to join in collaborative social spaces, which keeps them interested and engaged. Without cloud computing, collaboration is feasible, but it will never be as simple or efficient.

Customer Service Improvements

Customer service excellence is vital to every company’s success. Adopting cloud technology can help you achieve this aim since it keeps your customers linked to your business.

Most cloud providers respond quickly to support requests and have uptime SLAs to ensure system availability.

Customers can also contact the staff with inquiries or immediate comments. This real-time communication allows businesses to obtain rapid feedback, vital to their success.

Conclusion

Because cloud environments are not linked to business infrastructure, employees and supervisors can access their work from the office, home, or even their mobile phones or tablets. Cloud computing also saves money by eliminating the need for dedicated IT workers because the cloud host manages all hardware, including maintenance and security.

Informatics specialises in infrastructure solutions and services and custom software development, thanks to years of expertise and understanding in the sector. If you’re looking for infrastructure solutions, contact us!

Written by Hiran Wickramasinghe