The cloud refers to servers that are accessed over the Internet instead of a local computer. Cloud adoption has been increasing rapidly and used as a strategy by enterprises to improve Internet databases’ scalability while reducing cost and risk. Large organizations have successfully implemented a ‘cloud-first’ strategy, i.e. whenever they require new infrastructure, applications, or platforms, they look at the cloud-first.
Did you know?
The U.S. has been the leader in cloud adoption since, 2015!
All other countries will lag behind the U.S. by seven or more years in cloud adoption by 2022. In the U.S., 14% of total IT spending will be on cloud services by 2022.
Also read: Cloud Computing in US market
Cloud adoption journey
Stage 1: On-premise
This is where it all starts. Companies who are in research mode decide to start looking towards the cloud when they want more than what their on-premise infrastructure can offer them.
Stage 2: Hybrid cloud
This is a shifting phase wherein, large companies start shifting from on-premise to cloud, and this can be challenging. Even enterprise software vendors who were providing only on-premise services have now moved to the cloud and are slowly converting their customers to move to the cloud as well.
Stage 3: All-in-cloud users
All-in-cloud users are those few pioneering enterprises who completely moved on from on-premise infrastructure and adopted the cloud-first strategy.
Stage 4: Multi-cloud adopters
Multi-cloud adopters maintain autonomy and flexibility by not tying themselves with one specific cloud provider, so they choose the right cloud for the correct application and make them work impeccably well together.
How does Cloud Adoption work?
Organizations must keep in mind these below mentioned critical factors while making a transition to the cloud; they are:
- Assessment: IT Executive must assess the opportunities of employing a cloud adoption strategy. Apart from researching popular vendors indoors, business leaders and their technology teams should gather data on past adopters’ challenges and successes in their space.
- Planning: Organizations can choose between public, private, or hybrid cloud platforms and services.
- Adoption: IT leaders should develop risk mitigation strategies, and one should be an expert in understanding their servers, software, and data stores for the future reiteration and scalability of their strategy.
- Optimization: IT departments can discuss strategies and create new and improved solutions for further processes and tasks.
Who can benefit from this technology revolution?
- Large Companies and Corporations: In Corporate companies, cloud adoption results in improving efficiency, eliminating the need for an extensive security and maintenance staff, and lowering the cost of server space.
- Small and Mid-Size Companies: Cloud adoption takes minutes rather than days hence, can be efficient and cost-effective for small and mid-size organizations to quickly grow their IT infrastructure.
- Entrepreneurs and Startups: Choosing the cloud reduces startup costs and software investments. A monthly fee subscription model is available with SaaS vendors.
Top 5 Cloud Adoption Trends
1. Cost Optimization
Cost optimization plays an integral role in cloud migration projects. Companies are looking for cloud vendors who help enterprises to achieve the desired performance with cost-effectiveness in the multi-cloud environment.
The best practices of cloud optimization include,
- Preparing heatmaps
- Executing right-sizing
- Using spot instances
- Identifying and removing the unattached or unused resources
- Spotting and productively integrating idle resources
- Using tools to examine operational data and
- Locating cost optimization opportunities.
2. Multi-Cloud Strategy For Ensuring Business Continuity
A multi-cloud strategy will be exclusively focused on functionality, procurement, and risk mitigation and enable enterprises to reduce vendor dependency.
3. Hybrid Cloud Deployment to Achieve Business Agility
Enterprises will opt for a hybrid cloud strategy and they are eager to integrate cloud computing with container-based environments to take advantage related to cloud resources.
4. IaaS ( Infrastructure as a Service ) for Business Success
- IaaS skill is important in cloud migration but inaccurate IaaS deployment can cause unnecessary delays in the migration process.
- The “lift-and-shift” model has got a lot of traction but the lift-and-shift strategy does not help in boosting cloud-native skills. The service provider industry will be worth $282 billion by 2023. ( Source: MarketsandMarkets)
5. A Continued Shift to Tech on Demand
- Cloud continues to be a game-changer for organizations of all sizes to realize huge amounts of value.
- As cloud costs get taken under control, businesses will look to push out innovation that is easily accessible to a wide audience, has a low learning curve, low-code interface.
Top 5 Cloud Adoption Challenges
1. Security Challenges
IT companies that are about to switch to the cloud, naturally have concerns about the safety of data. To ensure information is not lost through data breaches, the following cloud security considerations are necessary:
- Use secure interfaces and APIs: Enterprises should ensure software user interfaces (UIs) and application programming interfaces (APIs) are updated. Consistent monitoring will help protect against malicious and unforeseen breaches and errors.
- Prevent system vulnerabilities: Keeping track of system vulnerabilities can help eliminate the risk of hackers taking control of the data.
- Create training programs: Companies of all sizes should create a cloud computing training program to mitigate accidental deletion, and insufficient knowledge can lead to data loss and malicious attacks.
2. System Challenges
- System challenges are a more holistic approach rather than building point-to-point integrations, interoperability, and system availability.
- Integration is not a cloud-specific challenge. This problem is less challenging due to the resources made available by SaaS providers.
- Interoperability-The best thing to do here is to understand the cloud market and examine your current landscape and choose the best fits for your organisation.
3. Cost Challenges
- Cost challenges can be focused on implementation, structure, and ROI.
- Cloud implementation costs can come with implementing any technology but these are not cloud-specific.
- Clod structure costs are one-time investment costs. Whereas the SaaS model is based on recurring costs.
- There are many “hidden” costs i.e.maintenance, upgrades disappear in the cloud.
4. Legal Challenges
- Though this is not cloud-specific yet one must pay particular attention to factors like data residency and security.
- Meeting these requirements in industries or corporate companies can be challenging. One must take care of creating a cloud risk management strategy, engaging with regulators early on to discuss your cloud adoption activities.
5. Organisational Challenges
- Organisational challenge is due to lack of cloud skills among IT teams. While the best way to overcome them is to face them.
- For example, looking in terms of IT skills, proper training can go a long way. Expanding your internal IT team with an external partner can also help close any gaps.
What’s Next for Cloud Adoption?
- Migrating to the cloud is challenging and it is not easy! we anticipate that the trends we discussed will make migration easier, less dangerous without huge additional cost, stress, or risk.
Cloud Adoption Opportunities
A variety of industries benefit from cloud adoption, they are:
- Healthcare: Hospitals, clinics, and other medical organizations are using cloud computing for document storage.
- Retail: Any e-commerce industry that are willing to be successful requires cloud adoption, this helps to effectively market to customers and save their product data for less money.
- Finance: financial services institutions need efficient expense management, human resources, and customer communications so, they are using marketing tools in the cloud.
- Education: Online education is a new blackboard thus universities, private institutions, and K-12 are teaching, giving homework, and grading systems online.
Hence, opportunities in this area are huge! So how to Land a Career in Cloud Computing?
Pursuing a career in cloud computing is a perfect time as many companies are migrating to the cloud and looking for cloud computing aspirants with relevant experience and certifications like the PG program in Cloud Computing.0