Why Your Business Should Migrate to the Cloud?

Wondering why your business should migrate to the cloud? 

This is a great question that we will answer here.

If you still haven’t made a move towards cloud computing, 2024 is going to be your year to make the jump – and here’s why.

Why Migrate to the Cloud?

A few reasons to migrate to the cloud include the following:

Cloud Computing Lowers People Costs

Your company’s staffing budget is probably the biggest single line item in your business’ finances. It wouldn’t be unusual for a company’s payroll to make up more than half of the company’s total budget. And lots of this is because IT is expensive but necessary.  Let’s break down the costs:

• According to Spiceworks, the average IT budget is $253,389
• Companies often spend 75% of their total IT budget maintaining and running existing systems
• Owning and managing software applications often cost four times more than the initial purchase
• Cloud Computing helps squash these costs.

When you move to the cloud, the money you spend helps cloud providers pay to staff their IT people, but cloud services providers work with a ton of companies, so it’s a smaller amount than if you had to call in your own IT person just to fix your problem or update your infrastructure.

You also don’t have to constantly replace software when it becomes obsolete, ineffective, or just stops working. Since cloud computing is Internet-based, it’s constantly changing, upgrading, and fixing bugs without your IT guy having to lift a finger.

There’s No Capital

Financing a change in infrastructure (whether you’re upgrading or starting from scratch) is often a huge hitch for small businesses. What if I told you it doesn’t have to be? This is one of the main reasons why cloud computing is needed in a small business.

Running your own servers is a big investment.  Right off the bat you need:

• Server hardware (minimum $400-$1000 for a low-quality processor that barely gets the job done)
• Server operating system (about $1000 per five users)
• Applications so your server does what you need it to do (anywhere from $700 – $4,000 per app)

Hardware and software only make up 15 to 25% of the overall budget for running your own server. There are even larger costs in installing, maintaining, upgrading, and supporting your server – plus, anything that goes wrong can be disastrous to your business.

Your Business Will Be More Secure

Imagine losing all of your business’s important data because your backup strategy failed. You may not even have time to implement a backup strategy or keep it up to date. If one thing goes wrong, everything your business needs could be totally wiped out. That is a business owner’s worst nightmare (You know, besides being audited).

Don’t let this happen to your business. You’ve invested too much. Cloud computing ensures that you are able to retrieve the latest versions of your data if there’s an on-site system failure (which, let’s be honest, always happens at the worst time).

You can even choose to automatically back up your data in a cloud data center as frequently as you like, and it’s not all resting in one online location. A cloud provider saves your data in multiple centers to increase your business’ security in the event of a total system failure.

Streamline Your Operation Costs with More Reliable Equipment

Hardware gets old. We all know that aging sound of a crackly, old hard drive loading at a snail’s pace. Don’t let that happen to your business because you don’t have the time or money to upgrade your hardware and software.

It’s a fact that cloud-based services are usually more reliable than anything you can have in-office because cloud providers have dedicated, experienced IT staff whose sole job is to make sure it works perfectly and resolve problems quickly as soon as they occur.

No more waiting around with a system that takes 45 minutes to access because you let one problem pile on another. Saving time saves you money because you can focus on something more productive.

You Can Get Started Right Now

Want to know what’s not a quick change? Upgrading the hardware on your existing system or purchasing a system when you’re in the early stages of launching your business.

• On-premise software implementation can take over a year.
• Your budget can shift, things can come up, and priorities change.
• Your IT projects can be forced into the backburner.

Anyone who has money on their mind knows there’s no time for that. You can get started with cloud computing in as little as 30 days. It’s also easy to scale based on changes in your business – scale back when business is slow and increase your usage allowance when business is booming.

You never have to worry about being stuck with an expensive, larger system that you can’t afford and don’t really need.

Planning to Migrate to the Cloud?

Now, more than ever, cloud computing has allowed small businesses to compete with the big guys. If trends continue to grow, the market will only become more competitive, a better value (and let’s be honest, it’s already a great value at a small investment) and help you save money by automating your business and streamlining processes.

94% of small-to-medium-sized businesses report more security after cloud adoption, 59% of businesses showed increased productivity and 82% reported reduced costs after migration to the cloud technology. Read more on cloud computing statistics here.

Still not sold on all of the financial benefits the cloud has to offer? Here are 10 more reasons moving your business to the cloud makes sense.

As, a business CEO or CTO, it makes sense for you to be planning a cloud migration strategy, if you haven’t done so already. For a smooth cloud migration process take the help of cloud-computing engineers experienced in cloud migration tools and platforms.

If you do not find cloud-computing skills on your project team, partner with the field-expert software developers community at DevTeam.Space.

You can get in touch by filling out this quick form with your initial cloud-computing requirements, and one of our technical managers will get back to you to help you with the rest of the cloud migration journey.

Frequently Asked Questions