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Pandemic-Driven Cloud Adoption: Key Advantages and Risks
As we move forward into a new normal brought about by the pandemic, cloud tools have given benefits such as decreased IT costs, enhanced flexibility and efficiency, improved security and performance, as well as the ability for organizations to innovate and develop new capabilities.
Fremont, CA: Cloud adoption has skyrocketed because of the COVID-19 pandemic, which forced businesses to operate remotely. According to a report by industry analyst firm Canalys, total cloud services market expenditure will increase by 30 percent to $142 billion in 2020, up from $107 billion in 2019. The exponential growth of cloud comes as no surprise, given that many organizations were already in the midst of their cloud transformation journey before the pandemic, particularly in the APAC region.
Why Organizations are Implementing Cloud for Their Data Needs
As we move forward into a new normal brought about by the pandemic, cloud tools have given benefits such as decreased IT costs, enhanced flexibility and efficiency, improved security and performance, as well as the ability for organizations to innovate and develop new capabilities. Employees have also profited from the cloud, gaining more flexibility and convenience by being able to work from anywhere, whether it is their "old" office, a new location, home, or a combination of all of these. The efficacy is guaranteed.
Maintenance of the cloud environment is usually managed by the organization's cloud vendor, resulting in increased productivity at the organization as employees previously responsible for data management can now work on tasks more beneficial to the organization's revenue and business development.
Understanding Risks Related to Cloud and Mitigating Risks
Migrating to the cloud is a challenging task. Data integration code changes when organizations migrate to the cloud and rewriting old integration code is a huge undertaking. On the other hand, organizations can use data infrastructure automation tools to speed up the rewrite of integration code, increasing the agility of any future additions or changes.
While the cloud has offered numerous benefits to organizations, such as increased scalability, it has also opened the door to more threat actors. Data security breaches pose a real risk to organizations and their stakeholders. The problem has only been amplified by user-friendly UIs provided by cloud service providers, which conceal the true complexity of cloud infrastructure management.
See Also : Cloud Cost Management Companies