Industries have been encouraged to move towards digitalization with the advent of the internet age. This trend has forced many organizations to contend with modernization. Modernization can range from a cybersecurity policy that focuses on compliance (i.e., improved disposal methods of confidential information) to a complete transition to the cloud and automated tools that can be used customized to the needs of a company.
Create a Lean Business Model with the Cloud
IT modernization increases IT productivity by 20%-30% by eliminating the need for complex bureaucracies. Production defects are reduced by 60% with updated technology that enables the development of a higher-quality application. IT modernization can also reduce the amount of time it takes to introduce a new product onto the market by 40%-60% since less time will be required to translate business ideas into production-ready software.
Defining Cloud Services
One of the most popular methods of modernization includes the implementation of cloud computing. Cloud computing is the on-demand delivery of IT resources over the internet with pay-as-you-go pricing. Instead of buying, owning, and maintaining physical data centers and servers, organizations can access technology services, such as computing power, storage, and databases, on an as-needed basis from the cloud provider. These services are divided into three categories: Saas (Software as a Service), Iaas (Infrastructure as a Service) and Paas (Platform as a Service). Infrastructure as a Service (IaaS) is one of the three most common cloud computing services. IaaS is a pay-as-you-go services that often includes services, storage, networking, and virtualization.
Which Cloud Service Suits Your Business?
How does IaaS compare to its fellow service models? Platform as a Service (PaaS) consists of hardware and software tools built on top of an IaaS platform. It reduces the need for system administration and allows end-users to focus on app development instead of infrastructure management. Meanwhile, Software as a Service (SaaS) is ready-to-use software that's available via a third party over the internet. Most modern SaaS applications are built on IaaS or PaaS platforms.
The Benefits of Cloud Services
Cloud computing can reduce the cost for business owners by saving them staffing and hardware space fees. It also encourages better collaboration and efficiency since remote teams would have the ability to access data at any location in the world. The cloud also provides business owners with another surprising benefit and that is security. Cybersecurity can be costly and many large cloud companies can offer security to small business owners that they would be unable to afford on their own. The prevalence of the cloud has led to increased competitive efforts by larger cloud companies to provide high-quality security solutions for their clients.
Unsure which cloud service is right for your business?
A cloud migration readiness audit helps companies determine the right-fit technology to meet their goals and needs.