The significant advances of technology in the Information Technology (IT) sector in the last decades,the most important improvements have been in the internet services and virtualization techniques leading to the innovations of the new era, with the most recent being cloud computing. Several major international cloud service providers deliver a variety of cloud services and solutions to individuals, start-ups, and companies. As per a Gartner report, Public cloud revenue is predicted to grow exponentially to 6.3%, amounting to $257.9 billion in 2020 from $242.7 billion in 2019.
7 Best Practices to Revamp Your Cloud Strategy
In the past, huge devices and hardware systems were employed to store even a minute amount of data, but the situation has changed now. Multiple data sets, structured and unstructured, are now backed up on the cloud. You can have tons of data on your mail now. Cloud computing makes work easier and simpler. For example, Facebook, LinkedIn, Twitter, Instagram, and other social media sites have their data on the cloud. In cloud computing, it has evolved tremendously leading to the downfall of the demand for devices, storage, servers, networks, security, architecture, and many more due to a number of service providers offering multiple offers to attract businesses, organizations, start-ups, and many more.
According to Forbes statistics, 74% of Tech Chief Financial Officers (CTOs) mentioned that cloud computing showed them measurable growth in 2017. This data shows how reliability is a huge factor in introducing cloud to big and small businesses alike.
Plan how you can recover from failure
You have to plan and design an automated recovery process and anticipate failures. You should be aware of how to deal with failure and how to respond to it.
Design the best possible architecture
Set up a redundant architecture to avoid downtime at any possible time.
Cloud spending in many nations is predicted to expand at an accelerated rate, growing at 6X the overall rate of IT spending in any enterprise in 2020. As per this IDC report, cloud computing offers multiple benefits than traditional data set-ups by reducing costs involved in hardware assembly and providing flexibility and efficient disaster recovery. Even as per Forbes, regions such as North America expect to spend a higher amount of their IT budget levels as early on cloud computing by 2022.
Leverage Different Storage Options
Your cloud must have a broad range of storage choices for backup, archiving, and disaster recovery. Even the block, file, and object storage choices are essential in cloud storage to support multiple use cases. It is highly essential from the cost viewpoint, including performance and functional aspects, to use diverse storage options available for different types of datasets.
Breaking up the task into smaller tasks makes working smoother, saves time, solves major difficulties, and promotes task parallelism. It further enables cost savings for the businesses by assigning smaller tasks to different workers simultaneously. Its multiple processors on the same computers and multiple computers connect to a network simultaneously.
Performance Efficiency and Security
Performance efficiency plays a critical role in the efficient and effective cloud storage use to meet basic business requirements. Additionally, the need to maintain efficiency as demand changes and technologies evolve pushes enterprises to rethink their cloud strategy to better use the limited storage space.
Even the necessity to secure confidential data in the cloud is a major driver behind its adoption by enterprises. As per PR Newswire, nearly 85% of companies leverage cloud services to exploit their data security and efficiency benefits.
Keep eye on your unused space.
Try to use maximum free storage whenever you receive such an offer from cloud servers. Negotiate with your vendors to offer you maximum discounts on cloud servers. Try to keep a keen eye on your storage space and revise unused or unnecessarily packed spaces to maximize resource utilization.
Sustained use discounts are often useful in such cases. They are automatically applied to usage within a project individually for each area, eliminating any action required from your part to avail of those discounts.
Make a “Cloud First” Commitment
Cloud-based offerings are on the rise in every industry, giving heed to the outdated organizations to either make a cloud-first commitment or fear losing their edge in the market. Even a recent IDC report predicts 67% of company infrastructure and the software will be based on cloud offerings by 2020. The reason is cited to be simple: without a Cloud-First strategy, organizations would not facilitate appropriate resources to empower the organizational changes necessary in the digital era fully.