Start-ups contribute significantly in India’s GDP and are considered to be the backbone of the Indian economy. However, SMB’s are often underestimated, even though they employ ninety per cent of the total global workforce. The SMBs are willing to migrate applications and data to the cloud because cloud-based solutions provide additional benefits in terms of increased scalability and flexibility to access applications from any device, improved storage and reduced costs. Most cloud-based solutions provide monthly subscription plans depending upon the usage, which turns out to be cost-effective. It is expected that small and medium scale organisations are not in a position to spend a lump sum amount at the upfront and scale readily as the business ventures into new avenues. Cost-effectiveness is what makes the cloud the most viable solution for the SMBs.
However, there are some challenges that the start-ups face in migrating their business data and applications on the cloud and adopt a complete cloud-based approach for their overall business processes. Let’s look at the challenges business face in adopting the cloud:
Robust Data Security
Security is a paramount factor to consider to prevent malicious access of confidential data of the organisation. The cloud is more prone to data breaches that involve access to the company’s trade secrets, client data and other confidential information. Although data security is the most crucial factor, start-ups often struggle in implementing robust security protocols to protect data breaches. The fact that businesses adopt a complete remote model of working has prompted companies to implement robust security measures and protocols.
Maintaining the security of the open-source software is another major concern for the start-ups. For example, a business intelligence open-source software that facilitates sharing confidential reports and dashboards between the team members on a public network is prone to infringement.
The popular security measures adopted by the SMBs are firewalls and operating system updates and management. SMBs are more inclined to strengthen their security measures and prioritise features such as network security, implementing firewalls and data protection from malicious access. In the time to come, virtual private clouds will gain more popularity as it provides stringent security measures for the organisations.
The lack of technical know-how on managing and maintaining technical infrastructure is another challenge to the cloud adoption by the small and medium-scale businesses as they have to keep up with the latest technological upgrades and emerging trends. Keeping pace with emerging trends helps businesses flourish and maintain a competitive edge. The founders, stakeholders and decision-makers struggle with the technical expertise required to manage the cloud infrastructure. It is mandatory for the decision-makers to be well-versed with thorough technical knowledge for the upkeep of the cloud infrastructure, which poses a serious threat to public cloud adoption. Small and medium scale organisations are looking forward to choosing easy-to-use, transparent, scalable, agile and cost-effective cloud providers as they have limited knowledge about the cloud development technologies.
In order to promote early cloud adoption among the SMBs, it is vital the founders and developers provide necessary training and development in cloud computing to the employees and thus facilitate learning the latest cloud technologies to gain a competitive business advantage.
The small and medium scale enterprises have fewer resources in terms of funds and manpower to maintain the cloud infrastructure, which is a serious threat to early cloud adoption. The startups spend a significant amount of their budgets on IT infrastructure, which constitutes about 52% of their total spends. It is vital on the part of cloud service providers to provide transparent pricing plans, devoid of hidden costs to enable cloud adoption by major startups at a rapid pace.
Transparent monthly pricing plans enable businesses to make the right decision to select a cloud service provider to suit their business requirements. It also provides flexibility to scale as and when needed, without having to make a huge investment up front.
On a concluding note, start-ups can overcome obstacles in their cloud journey by strengthening cybersecurity strategies and prioritising features such as firewalls, data protection and network security to prevent malicious access to confidential data of the organisation. The startups should provide sufficient training resources to the employees to promote training on recent cloud technologies and trends. Adopting trends in cloud technologies imparts a competitive edge to the business. Finally, cloud service providers should offer transparent pricing plans to startups to foster early cloud adoption. Transparent pricing plans help businesses in selecting the right cloud service provider, keeping in mind the business requirements.
Generating awareness about the cloud technology’s implementation and usage facilitates streamlined cloud adoption and enables startups to overcome significant obstacles that are preventing them from shifting to cloud deployment.
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