The world is changing faster than ever before. New technologies are being introduced every day. Organizations with traditional operating systems and old business models are now at risk of being left behind. Only by implementing new technologies to their business models can organizations be able to keep up with the trend. One of the solutions is by moving their resources to “the cloud”, also known as “Cloud Migration”. This article sheds light upon cloud migration and what you need to do before applying this technology.
Table of Contents
What Is Cloud Migration?
According to IBM Technology, Cloud Migration is “The process of transferring data, applications, and other elements of business to a cloud computing environment”. In recent years, cloud migration has changed the way organizations deliver their products and services in a various industries.
Multiple factors contributed to the need for cloud migration. One of those is the rapid development and improvement of cloud infrastructures. The demand for procedure digitalization and changes in customer behaviors are two more factors playing important roles in the migration.
Cloud migration enables businesses to become more active in the market and boost innovation, so they can level up their scale.
Why Should You Migrate To The Cloud?
Transiting to the cloud environment is inevitable since the need for digitalization has increased significantly, especially post pandemic. 94% of enterprises are already using cloud services, and the market value for public cloud services is expected to reach over $600B in 2023. For such reasons, migrating to the cloud is a wise choice for organizations to take advantage of the market.
Improve Business Efficiency
According to McKinsey & Co. businesses implementing cloud migration in their strategy unlock $1T in value. Cloud migration allows businesses to operate remotely. This means they can get access to all data from anywhere in the world with an internet connection. 47% of companies that participated in a survey agreed that cloud computing resulted in an improvement in productivity.
Enhance Customer Experience
Customer Experience means “a totality of cognitive, affective, sensory, and behavioral consumer responses during all stages of the consumption process including pre-purchase, consumption, and post-purchase stages”. Customer experience is the key for businesses to exceed customer expectations. From that experience, customers are more likely to become loyal and increase brand awareness.
Cloud migration allows businesses to keep pace with their customer’s behavior, which is becoming harder to predict nowadays. It also improves the way customers interact with the brand in the digital space. From that, businesses can secure their digital presence and reputation, and make changes when necessary to satisfy end-users.
Reduce Costs
Migrating to the cloud environment helps organizations save a lot of money in building & maintaining internal infrastructure from the beginning. Many organizations transferring their data & applications to cloud services like AWS save up to 30%. By moving to the cloud, businesses can save a lot of money spending on maintenance, and capital costs. You can use this budget for better investments that benefit your business both externally and internally.
Cloud Migration Checklist
Before migrating to the cloud, businesses need to ensure that the following things are done properly for an effective transition.
Preparing Data:
Before transferring your business data from internal storage to a cloud service, make sure it is optimized to utilize loading speed & storage. Also, you should consider what you need to upload online. Some data might be sensitive (business confidential) and best stored offline in a secured location.
Choosing A Cloud Service & Learn How To Use It
It’s important to choose the right provider that has what you expect. Make a list of names that come to your mind, then compare what they have to offer (pros & cons) before making the final decision. Try out the services to see what they can do before choosing the one that best suited for your business.
If you’re not really sure of what service to choose, check out our latest article about AWS and Alibaba Cloud.
Choosing The Right Subscription Plan
Make sure to prepare the budget. Choose what you really need first before thinking about the full-option plan, because that’s going to cost a lot of money and sometimes, your business can’t make use of all the functions it provides, which is a waste of resources.
Back-up Plan
Despite being a future solution for businesses, cloud migration still has its own risk. Since “the cloud” operates entirely on the Internet, you need internet access in order to proceed. Moreover, when disastrous events happen like natural disasters (tsunami, earthquakes, …), global blackouts, or even worse, the cloud services infrastructures get hacked, your data is in danger of being wiped out or used against your organization. Cloud migration does not mean skipping the traditional storing method. As mentioned above, control WHAT you want to upload and prepare a secure place to store your confidential data to avoid putting the entire business at risk.
Conclusion
Cloud migration is necessary for businesses to keep up with a fast-changing market. It can be hard at first but the result is worth the effort. Still don’t know where to start? DEHA Vietnam is happy to be YOUR companion on YOUR journey of digital transformation. Contact Us now for a free consulting session to help you create the most suitable cloud migration plan & strategy.
