Blogs Real Cost Savings Of Shifting To Cloud Computing

Real Cost Savings Of Shifting To Cloud Computing

  • May 31st, 2020
  • Development

The IT industry all around the world is facing a new challenge of effective service at budget-friendly prices. Cloud computing, the next big thing in the IT infrastructure, comes as a reliable solution to this challenge. Promising add on levels of efficiency, flexibility, and cost-savings; cloud computing provides a logical step towards outsourced hosting.

Before going into details, how cloud computing saves your cost, let us first get a brief idea of what cloud computing is.

What Is Cloud Computing?

Cloud computing is an on-demand computing services, using a network of remote servers being hosted over the internet for storing, managing, and processing application data with the pay-as-you-go basis. Instead of owing or creating your own computing data centers, cloud computing allows you to rent space over the internet with the cloud service providers you want and store your application or software or whatsoever you want.

Avoiding the upfront personal hosting cost and minimizing the complexities of maintaining personal infrastructure, cloud computing increases work efficiency and productivity. Along with it, focussing on what projects to prioritize and how to allocate the tools and resources, cloud technology has become the leading choice of businessmen.

Save On Your Costs By Migrating To Cloud

Enabling all big/ medium-sized companies, home offices, and small sectors to work remotely with their entire workforce shifted to the cloud, the cloud service providers turn out to be a great financial saver for all of them.

  • Initiating quick migration from VMware to cloud, you can save on 30% of the on-premises cost by cutting on VMware ownership cost.
  • Save on 46% of operation cost by migrating applications from SAP to the cloud over the 3-year plan of operation.
  • Save on 52% of your three-year on-premise data warehousing costs by deriving a more efficient and meaningful solution to data storage over the cloud.

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Reasons For Shifting To Cloud

Enabling businessmen to proceed towards virtual and open-source business functioning, cloud computing comes with an extensive list of business-boosting advantages. Today, over here, we are going to look at the key reasons for shifting to the cloud:

Cost-saving

Moving to the cloud is much more cheaper than you may have ever thought about it. With all upfront IT infrastructure costs being taken care of by the clour service provider, you are just needed to pay for the area rented without worrying about any fixed operating costs. Save on the unavoidable costs of running your own servers along with the other unexpected expenses landing up by shifting to the cloud.

Enhanced security

Another major reason for shifting to the cloud is the high-level security protocol ensuring 100% data protection. Providing server storage to more than one user, cloud providers ensure double security by following a layered approach of –

  • Data encryption
  • Data management
  • Access control
  • Security intelligence
  • Security audit

to make sure that every business owner has secured access to their highly crucial business information which none of them can afford to lose.

Free accessibility

Providing you the liberty to access any data from anywhere at any hour of the day with any device, cloud computing increases business efficiency. It gives them the freedom to run your business freely from any location.  How many times have you reached the meeting location without the file? I am sure this is the most basic mistake made by all of us. If you haven’t ever missed your file, you are a gem, my friend. No more panicking if you do forget your files or documents, access it freely by logging in to your portal with a web browser with all your business data being securely stored over the cloud.

Full hardware utilization

Utilize the hardware resources to the full extent by managing the business workloads accordingly. Taking the amount of business the hardware can load up, cloud computing ensures economies of scale with no technology space being wasted. In this model, you share server space with other organizations, allowing the cloud provider to optimize the hardware space accordingly, providing increased business efficiency for all the business owners.

Takeaway,

Though moving to the cloud is always a smart approach, you need to still have a well-researched and planned strategy ensuring smooth and safe data transfer across borders.

With each cloud computing center having its own advantages, GoogleCloud is my personal favorite, the only reason being who else can you trust better than Google in case of technologies and advancement.

Last updated June 23rd, 2022

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