The business models used by small and medium-sized companies have a common target, i.e., to minimize the cost. But with the increased size of data, storage becomes a big problem. Cloud offers the business framework and IT infrastructure that can benefit SMBs by providing security, accessibility, energy, time, cost-saving, gaining an edge over competitors, and disaster management. Cloud services can achieve cost reduction. Not just cost, it can also make things easy for non-technical people, providing automation support. Read further to know more about the benefits and challenges offered by cloud services to SMBs.
Benefits of using Cloud services for SMBs
Cloud services are very beneficial for small and medium-sized businesses. Below are some benefits:
- Choice: Businesses have several options to explore the different cloud services in accounting, messaging, CRM, collaboration, etc., and they are equally easy to explore. As compared to on-premise technology, the cloud can offer a lot at reduced costs.
- Cost: Cost-saving is another benefit of using cloud services for SMBs. The lesser price is due to the pay-as-you-go offered by cloud services. The on-demand service provided by the Cloud saves businesses from the cost of resources not required.
- Speed: With the help of cloud services, the time required to make the applications available and set up the services gets reduced. Also, upgrades and system patches occur in the background without any impact on the user.
- Access: SMBs usually need access to the applications 24x7 to make the businesses available on mobile devices. The applications running on cloud are available 24x7 with the help of the internet.
- Scalability: It is another benefit offered by the cloud. The usage-based price plans offered by the Cloud make it flexible and scalable that can adapt to the ever-changing IT environment.
- Performance: Most cloud vendors share the service level agreements that include the performance, availability, migration, and data center uptime.
- Security: Cloud applications are always secured unless they are maintained continuously. Cloud vendors also invest enough for security, redundancy, and best practices.
What are the types of cloud migration strategies?
There are three significant patterns of cloud migration.
Lift & shift (Rehosting):
Lift & shift is a way of cloud migration in which the copy of existing data and application is copied and moved to the cloud without any modification or redesign. In simple words, it is rehosting the current application to the cloud infrastructure. It does not need in-depth knowledge of the cloud. If you have made a Lift & Shift rapidly, applications can rework and optimize with ease while performing using the cloud. It is one of the best parts of it.
Replatforming or move & improve:
Replatforming to migration comprises making a couple of the latest updates to the application, such as presenting automation or scaling without discarding the entire process.
- Rip & replace:
Rip & replace, also known as refactoring, denotes recreating the workload from the beginning to be cloud-native. It requires investment in developing new skills and time. It indeed pays back the topmost advantages when using the cloud.
Things to consider
Ideally, a business should not migrate its entire business to a cloud in a rush. However, there are many benefits of migrating to the cloud.
Below are the points that small and mid-size companies should consider before moving to the Cloud:
- Set objectives: Before moving to the cloud, companies should be clear about the objectives they want to achieve by migration. They should sign an agreement that states the implementation scope, phases, expected results, and project timing.
- Decide on whether to integrate existing data and when: Businesses usually prefer cloud systems because of the speed and simplicity, especially for the legacy system. But before doing that, consider the various risks involved with current data and core system migration to the cloud. Focus on new projects for cloud migration at the initial stages.
- Research online solutions for a free start: Most companies try to find online solutions before contacting any vendor providing cloud services. Most cloud providers have a free trial period to assess them before deciding the best solution for their business.
- Take care of the entire cost and not only the initial cost: Before you decide on any product or vendor for cloud services, consider all the charges you need to pay, including total service cost, the cost to scale up, implementation cost, and other separate expenses.
The article was all about the SMBs and the Cloud and challenges concerning migration to the Cloud. Irrespective of the various benefits offered by the Cloud, it is necessary to take care of the challenges when migrating to the Cloud. But with the tips shared in this article, one can easily migrate without facing many issues.