Are you still hesitant to adopt cloud computing for your company’s IT needs? For the cautious business owner, adopting new technologies isn’t a move that’s to be made lightly. However, cloud computing is much more than a passing fad. In recent years, the cloud has become such a reliable and efficient tool for businesses that it deserves your attention. Take for example these three misconceptions about the cloud.
Misconception 1: The Cloud Isn’t Secure
It’s understandable why business owners are hesitant to store their sensitive data in the cloud. After all, stories of hacks against major corporations appear in the headlines all too often. Although, it’s important to keep in mind that these sensational stories don’t accurately reflect the state of cloud security today. In fact, studies show that in some instances, the cloud is actually more secure than storing one’s data on-premise. This proved to be the case in a study by Schneider Electric where 40 percent of participants were found to be hosting their security applications in the cloud, and 45 percent of participants said they are likely to move their security application to a cloud platform.
That said, you should still exercise caution when selecting a cloud platform to host your company’s data. It’s prudent to perform your own analysis of costs, opportunity, and risk, as well as to be wary of exaggerated security claims by cloud managed services providers. One way to go about this is to check with vendors for references. They will be able to tell you what cloud providers are reliable, and which ones tend to overpromise.
Misconception 2: The Cloud Costs Too Much
In the past, a move to the cloud may have been perceived by budget-minded business owners as too major of an expense to commit to. Today, the cloud computing market has become so varied that you’ll end up with several different estimates when you shop around with different cloud providers. Therefore, it’s worth it to be diligent when shopping for a cloud provider.
Then there are the cost benefits you should consider that extend beyond the initial price tag of cloud migration and the subsequent monthly fees. This includes opportunity costs such as time to market, disaster recovery savings, and customer satisfaction. Also, a business owner shouldn’t overlook finally being able to avoid paying for on-premise maintenance, remediation, hardware costs, application upgrades, and the list goes on.
Misconception 3: The Cloud Doesn’t Offer Enough Flexibility
If you’re hosting your data and applications in-house, then you know firsthand what it takes to make a modification like an enhancement to your hardware or software. Often times, such an IT initiative will be expensive and take considerable time to implement. Now imagine needing to make the same performance enhancement to an infrastructure that’s hosted in the cloud. With the cloud, when you need more computing resources from your provider, it’s as easy as making a phone call or submitting a ticket. The time and money saved by simply requesting your cloud provider make the adjustments on their end will free up resources for you and your IT staff that can be better invested elsewhere.
Do you still have reservations about the cloud? If so, then you owe it to yourself, and your bottom line, to discuss these roadblocks with the IT professionals at Succurri. You may be surprised to learn that the cloud can do exactly what you need it to do and more. To have a conversation about the cloud or the benefits of Financial Services IT Solutions for your business, contact us today.
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