Why Cloud Data Storage is the Key to Future-Proofing Your Business

Cloud storage is the service provided by cloud data storage companies to store data and files on the internet. Users are allowed to have access to the data via the public internet or a dedicated private network. It is the responsibility of cloud computing service providers to store, manage and maintain the storage servers and network in order to allow you to have access to your data any time virtually. With data storage services users need not to buy and maintain their own infrastructure, providing you with the agility, scalability and durability.

What are the benefits of Cloud Data Storage Services?

There are many advantages of cloud data solutions which are mentioned below-

Total Cost of Ownership:

With the help of cloud storage solutions, you are allowed to move from a capital expenditure to an operational expenditure model, so that you can adjust your budget and resources easily and swiftly.

Elasticity:

The Abacus cloud storage solution providers offer scalable and elastic services, which means resources can be scaled up and down according to the changing needs of your business. There are some businesses which grow seasonally, so they can get the resources allocated and when the demand decreases, resources can be deallocated easily and hassle-free.

Flexibility:

Cloud storage providers like The Abacus offer flexible services to store and have access to the data. Users can easily budget resources.

Security:

Cloud computing service providers offer users with enhanced security protocol so that data can be safeguarded from any of the potential cyber threats or data breaches. Not only this, The Abacus also ensures physical security at data centers.

Sustainability:

Operating on-premises data centers leads to one of the major costs of energy consumption. The Abacus cloud data storage providers ensure operating on sustainable energy via renewable energy resources.

Redundancy:

The data is being copied on multiple servers in order to ensure that it is recovered easily in case of disasters .

What Are the Key Components of a Cloud Transformation Strategy?

What is cloud transformation?

Cloud transformation in cloud computing is the method of transforming the data of an organisation including apps, software and entire IT infrastructure on the cloud. The process is very simple and cloud transformation strategy is mentioned below-

Components of Cloud Transformation Strategy:

Cloud Strategy:

At first, it is important to assess your status and undergo benchmarking exercises  in order to check  how you are stacking up your organisation to your competitors along with analysing where you are lacking. This benchmarking exercise is often overlooked but it helps you invest your time, effort and resources in order to maximise returns.

Selecting a Cloud Storage Services Provider: 

Then comes the step of choosing a cloud computing service provider and you should consider all the factors properly. The Abacus offers a wide range of integrations with  third-party providers, allowing you to expand your cloud infrastructure to drive business growth.

One Cloud or Multiple Clouds? 

Using multi-cloud strategy, users are allowed to use best-of-breed hosting infrastructure for some of the workloads. This helps improve the performance of the business along with enhancing service delivery and leading to innovations across the businesses. However, if you want to stay with one cloud, you are not overtaxing your operations and development. Along with this, one cloud also makes tracking costs and managing vendors quite easier and simpler.

Cloud Migration: 

Before migrating to cloud storage, you have to decide the systems you need to move first because organisations initially transfer a single portion of their data center system to the cloud at a single time. Some of the organisations prefer to transfer their email and messaging, however others prefer to transfer systems whose hardware is reaching the limit. No matter how excellent your service provider is, you should always choose to execute your cloud migration and move it faster with the help of a tool called accelerator.

Cloud Data and Analytics: 

Advanced cloud-based analytics processing is being used by cloud analytics in order to streamline their business processes along with data integration and analytics.

Cloud Optimisation and Management: 

With the right service provider, you can manage your cloud infrastructure efficiently and effectively. It will help you increase return on investment and enhance the scalability of the cloud infrastructure. The Abacus cloud service providers also help you in managing your cloud consumption, capacity, performance and cost, as we ensure continuous monitoring.

Cloud Security: 

For successful cloud transformation, cloud security plays the most important role, so you should always give priority to the security of your data and files. First, you should identify the cloud security posture of your enterprise, as it is important to understand the current state, gaps, and intended future state.

Key factors of Security Program: 

In order to stay on the top of innovation, you have to take care of Governance, Risk Management and compliance.

• Work on decreasing vulnerabilities and flaws early by securing SDLC consulting.

• Further, there is a need to identify and access management strategy to fit your business needs like by understanding the past and assessing the present. 

• You should do continuous audits, as these will help you enhance the value of your enterprise and reduce the fatigue of audits.

What are the Impacts of Cloud Transformation?

While migrating to the cloud, companies witness immediate changes, as their business operations and Organisational culture is improved. These help businesses to get better opportunities along with fulfilling their expectations. Below are some of the impacts of cloud transformation.

Enhanced Scalability: 

With the help of cloud storage, companies become able to scale their resources faster and larger in order to reach the level of their competition without any obstructions related to the expansion of the physical infrastructure. With this, businesses adapt to the new environments quickly along with providing advantages for the environment. This enhanced scalability allows companies to scale down the resources according to their requirement.

Increased Operational Efficiency:

After transferring the data to the cloud, companies can increase their efficiency related to operations and the teams also can collaborate easily. Besides this, it becomes easier for organisations to work with individuals around the world without any requirement of being physically present.

Financials:

Migration to the cloud proves to be very cost-effective, as after moving to the cloud, the access is provided to the organisation via an outsourced platform, so there is no need for organisations to manage their operations in-house. It also helps in the reduction of requirement of hiring and the equipment cost which is needed to manage the data of the company.

Data Redundancy:

When you move your data to the cloud, the cloud provider ensures storing it on multiple servers because this convenience allows cloud storage providers to prevent any loss of data in case of disaster or any cyber attack.

What is the Future Proofing Process?

It is a strategy in order to ensure that organisation and its products remain relevant to the evolving trends and technologies. With the future proofing process, there is a need of predicting the potential changes and  implementing measures in order to eliminate the risks and accept the new developments along with adopting them.

Assessment and Analysis:

Firstly, there is a need to evaluate the state of the enterprise, system or product, as this helps in the identification of the strengths, weaknesses and threats also. You will also get an idea about the opportunities in the area.

Setting Objective and Vision:

Then you need to define your clear and long-term aim which aligns with the mission of the organisations and future aspirations.

Scenario Planning:

Further, there is a need for exploration of future scenarios and the impact these can have on the organisation.

Innovation and Adaptability:

Then the culture of innovation needs to be fostered. Along with this, changes along with emerging opportunities need to be adopted.

Technology Integration:

To increase the capabilities and future proofing the operations of the organisation, there is a need to use innovation in technology.

Building Resilience:

In order to tolerate disruptions and ensure quick recovery from the disasters, Organisational resilience needs to be enhanced.

Learning and Development:

Further you should keep on investing in enhancing your skills so that your enterprise remains competitive.

Overall, migration to the cloud provides outstanding benefits to the organisation and it now has become the need of the day. The Abacus Cloud storage providers are known for providing the best solutions for your organisation and help you take your business to new heights. For more information, feel free to contact us.