Moving Enterprises on a Cyber Secure Cloud

With every passing year, cloud computing becomes a necessary business strategy, which, in turn, makes cloud security important. In a recent interaction with the Editor of Siliconindia Sangram Kadam, Vice President and Head (APAC and META), Birlasoft, shared his insights on why businesses need to migrate to cloud.

What is the opinion of Industry leaders on cyber-secure cloud?

Migrating to a cyber-secure cloud is a means to successfully modernize IT in any company. Industry leaders have already exemplified various software-as-a-service (SaaS) solutions, and the next phase we’re looking at is mass adoption.

Nonetheless, if you are overwhelmed at the thought of migrating to the cloud, you are not alone. Business leaders at large are often concerned about costs, security of their data, and system stability. This blog will attempt to provide you with a seasoned perspective and uncover why these doubts don’t hold much ground.

Why are enterprises transitioning to the Cloud?

Of late, the cloud has become the go-to choice for businesses looking to store their data and host their applications. As a result, various industry leaders have started shifting from legacy data storage solutions (private servers or on-premise data centers) to modern cloud hosting platforms, and there are a few broad reasons why this is happening.

Cyber-attacks are getting sophisticated, and the threat of a security breach gets imminent with every passing day. According to Deloitte Insights, 37% of business leaders (in a survey of 500 participants) claim security and data protection are the leading cause to migrate to the cloud. Enterprises are thus turning to third-party cloud and managed security services providers that are known for their potential in mitigating security-related incidents.

The fact that data storage solutions have evolved is another reason why a large percentage of US companies today are moving to the cloud. Today, you need real-time and targeted analytics on your data, and since you rely on insights generated from data mining, the cloud becomes more of an essential means to modernize your data platform.

What are the advantages of switching to the Cloud?

Migrating to the cloud gives enterprises an edge over their competitors in numerous ways. Here’s how:

Scalability

The cloud gives you control over your resources in contrast to other solutions where contracts and one-size-fits-all plans bind you. Moreover, scaling up creates a bottleneck situation when using legacy systems, making it difficult for you to adapt to growing consumer demands. Adopting cloud enables you to scale up or down based on your shifting business requirements. 

Cost

Migrating to the cloud reduces enterprise operational costs the same way it strengthens IT processes. The savings from maintaining expensive data centers (hardware and labor costs) is only one part of the deal. Adopting the cloud also implies there’s lower initial seed investment, and on top of that, you get increased productivity from your employees, which is a huge bonus.

Accessibility

The accessibility feature of modern cloud services allows your business to grow while fulfilling your operational needs. It lets your employees collaborate regardless of their location or hardware differences. Meaning you can access your data from anywhere without worrying about the state of your machinery.

Integration

If you have a data center on your premises, you know how often you need to refresh its infrastructure to manage increased load and reduce efficiency. Not only does this take a toll on your monetary resources, but it also keeps you lagging your competitors in terms of delivery speed.

To improve the efficiency with which all your services interact, the cloud infrastructure connects systems together, thus letting your mission-critical applications respond dynamically in the face of changing network traffic.

Security

The cloud infrastructure is securely maintained using the shared responsibility model, where different stakeholders are responsible for securing their part of the cloud.

When you store business information on the cloud, it remains more secure than traditional alternatives, and SMBs largely appreciate the increased security the cloud provides. They refer to cross-enterprise visibility, periodic updates, and security analytics, among other integrated security features, to keep you informed about the status of your data.

How does the future look like for Cloud Adoption?

The cloud is evolving, and its future looks promising. According to Gartner, the global end-user expenditure on public cloud services is expected to surpass $480 bn in 2022. This is a 21.7% projected growth against the $396 bn figure of 2021. By 2026, they predict cloud spending will exceed 45% of all IT spending in an enterprise.

In 2021, the cloud is still referred to as a disruptive technology, and yet soon enough, we will encounter enhanced mobile experiences in sectors like banking and healthcare. Moreover, industries don’t want to be trapped in situations with single points of failure given the geopolitical fragmentation. So, in the next phase, development is expected in boundary-oriented cloud ecosystems.

Secondly, cloud service providers are going carbon-neutral. So, in the coming years, the choice of cloud services will hinge on their sustainability initiatives and the way they deal with geopolitical boundaries, in addition to the consistency with which they provide their core services.

Closing Note

Hundreds and thousands of organizations are kicking off their migration to the cloud and are discovering even more ways to better leverage this promising technology. We’re living in an era of industry-wide digitization where the cloud has a huge role to play. The question you should be asking now is not whether you should migrate to the cloud, but what your migration strategy should be.

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