By Chandni U - June 28, 2021 4 Mins Read
Enterprises are beginning to understand the importance of getting their business operations to adapt to cloud capabilities more than investing in cloud infrastructure
The global industry has witnessed the evolution of the cloud technology from a competitive business tool to one of the core business elements of today’s world. Intending to build a flexible and adaptable cloud operation, migration of various business infrastructure and applications to the cloud has been the main objective for enterprises, in recent times.
Gartner forecasts the global expenditure on public cloud services to reach $332 billion this year. It also expects a big chunk of IT spendings to be invested in system infrastructure, software applications, and outsourcing to the cloud by 2024. However, experts reckon that a successful cloud strategy does not end with massive capital investment. C suite executives are beginning to understand the necessity of getting their business operations to adapt to cloud capabilities efficiently.
It is a critical step towards a holistic cloud transformation as every enterprise has different priorities and operational restrictions. Apart from some common requirements such as security, there are elements like low latency that require customized cloud strategies. Certain companies need a drastic cloud infrastructure upgrade to accommodate considerably new business elements such as IoT devices or a strong remote workforce.
While cloud access to remote workers has been a long-standing requirement since the pandemic, several companies fail to provide the same level of quality and accessibility for business assets like mission-critical systems, and sensitive data. This has been a major challenge, as industry leaders have realized that remote operations are the most vulnerable to cyberattacks.
Despite the varied requirements across organizations, some factors perfectly fit every cloud strategy. Experts state that the evolving cloud infrastructure across organizations is susceptible to security gaps and blind spots as the hybrid work model overlap with on-premise networks.
Taking cloud transformation into unchartered waters are hybrid or multi-cloud strategies. Accessibility and security, along with the challenge of maintaining a cloud budget, become a risk with unguaranteed success. According to a 2021 Flexera report, 92 percent of enterprises possess a multi-cloud strategy, and 82 percent work with a hybrid cloud network. While it may seem like every enterprise with the latter network must be in midst of a cloud transformation, it might not always be the case. Sometimes, certain on-premise elements cannot be moved due to technical or legal reasons.
Additionally, the financial strain on companies to achieve a successful cloud transformation while dealing with their shortcomings can be dangerous. For better results, cloud-based services can help improve cloud-related predicaments without the heavy investment of time and resources.
Experts state that cloud-based XaaS can potentially turn capital expenditure costs into business operational expenses with IaaS. This enables a company to move its central networking and storage requirements away from on-premise hardware, and in turn, it might save business costs. Yet industry leaders are skeptical about its impact on the growth of ROI. If the high level of accessibility and security is not established in the most promising approach, further business expenses can create a significant hole in the company’s pocket.
Most enterprises prefer a multi-cloud strategy for its flexibility but for it to work seamlessly, a secure network experience for all users everywhere is required. An effective method to achieve it is to move the process closer to the network edge instead of a central point. A SASE strategy can also help resolve cloud budget challenges.
Executing a secure cloud at an affordable rate is possible with a thorough understanding of business objectives and leveraging a converged approach like SASE. There is no one-size fit all approach to cloud transformation. Every enterprise needs to access its business operations and weigh in essential factors before jumping on the all-cloud bandwagon.
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