Experts predict that around 83% of the enterprise workload has already moved to the cloud.

Surprised? Well, you shouldn’t be. With each passing year, cloud services are becoming popular among companies. It is because the cloud is much secure, agile, sustainable, and cost-effective option. Companies are finding fewer reasons to stay on-premises. In fact, the pros of moving to the cloud have even attracted traditional businesses to move from on-premises and take advantage of the cloud.

So, what do you think is the reason behind this switch? The answer to the question is with the top 5 reasons that attract enterprises to move to the cloud.

1. Scale faster in a more cost-effective way

Scaling is top of mind for most of the business. But, growing overnight without implementing scalable technologies can be devastating for the business. Increasing your products and availing most profit from it sounds amazing, but if you miss out on the technology to support it, this may lead to major incidents, unsatisfied customers, and stressed-out teams.

In other words, smart, reliable, cost-effective scaling takes more than an increase in customer interest, great products, and a culture primed for success. It also includes structures that scale to meet the needs, in, out, up, and down. As soon as those needs emerge from the clients and teams.

If your intent is to grow without obstacles, cloud technology can help you make the scaling faster, smarter, cheap than the on-premises servers. It all comes down to always getting a scalable, sensitive stack of technologies at your fingertips-no long, pricey, manual updates required.

2. Boosts profit and lower operational cost

Want to host your tools on-premises or in the cloud? It is rather a complicated question for any business. While many think the monthly subscription of the cloud vs Software licensing is an expensive investment, in reality, it is not. If the extra cost of migration is from on-premises, the cloud is a more expensive short-term investment. But it has a long-term value. Why? Because the cost of on-premises is secret and greater than you would expect.

System downtime will cost 3 times as much as a year-long cloud subscription in a matter of minutes or hours. Transferring from the on-premises server to the cloud, the time and money invested for IT can behalf. And that not even taking into account the organizational expenditures.

According to a recent study of 35,000 servers, restructuring the servers and switching to the cloud provides almost 30% annual cost savings on average. The expense in the US and UK of unused licensed software is a staggering $34 billion a year. And, according to a survey by Office 365, IT pros record an average of 20 percent of total cost savings since ditching on-prem.

If you want to know more about how the cloud saves money in the long run, read.

3. Improve network efficiency

As per reports, around 42% of professionals believe that improving network efficiency is a major reason for going off-premises. As the business grows, the pressure to improve performance also increases. Thus, companies with more than 1,000 employees are preferring to move to the cloud to improve the performance and speed of their IT service delivery.

4. Boosts productivity 

According to research by office 365, 80% of IT professionals admit that moving to the cloud increased their productivity. Further, as per a study from Stanford, employees who started using cloud apps and remote access are now 13% more productive than their colleagues.

Wondering how exactly cloud increases productivity in the business ecosystem? Below are a few ways:

• Shortens team’s list of tasks: On-premises setups keep adding a long list of tasks for the IT teams- from setting up the server and replacing parts to managing major incidents and pacing up with the latest trends in security. But, once you move to the cloud, there are many vendors to help you. This shortens the tasks of the IT team and allows them to focus on the tasks that are a high priority for your business.
• Access to latest features, security upgrades, and bug fixes: On-premises new features pop in usually in 2 to 4 years. This manual upgrade involves the efforts, time, and budget of the IT Team. The team also has to schedule downtime that may affect the operations of the whole organization.

But cloud releases are as small as fixing single bugs or product improvement, enabling for few customers at a time to cut the risk of introducing a new bug. Here, one can abrogate the changes and reduce the risk, if anything goes off-track.

• Simplifies distributed teams’ work: Looking at the current pandemic situation, a team’s ability to work from a remote location is of utmost importance. But how can they succeed if their job doesn’t support remote work? For organizations that still depend on on-premises, working from home is difficult. Though, managing on-premises installations is possible from remote locations, maintaining security while allowing access is complicated behind passwords, VPN, firewalls, and architectural limitations. In contrast, the cloud is already secure enough for remote work.

5. Critically set up your cloud migration

Is maximizing profits, or improving IT service delivery speed, or scaling at rocket speed on your mind? Then consider cloud and a critical plan for making the move. To ensure that the migration is successful, there needs to be enough planning, testing, and assessment.

Conclusion

The market out there is expanding. Several high-performing teams are likely to move to the cloud to improve their performance and keep pace with the changing business environment. So, don’t let on-premises hold you back. A switch to the cloud cannot improve revenues, speed, competitiveness, scalability, and potential preparation immediately. But in the long run, the effort and cost it takes to make the change pay off.

As a leading Solution partner, we are helping our server customers with cloud migration seamlessly. To know more about how you can move easily to the Cloud please contact us here: https://mgtechsoft.com/dev/technologies/atlassian-technology/