Cloud Benefits for Mid-Market Enterprises
The popularity of utilizing cloud technology to host company applications and store company data has been drastically growing. Many enterprises have migrated their on-premise workloads and storage to the cloud, and many new companies decide to start in the cloud. In fact, Cisco has estimated that 94% of workloads in 2021 will be processed on some sort of cloud data center. Although many companies have made the migration, there are a number of small businesses and Mid-market enterprises that have yet to make the move. These companies are missing out on a vast number of benefits that can solve a wide range of business challenges within an organization through the use of cloud services.Mid-Market Enterprise Challenges
One of the biggest challenges that an organization faces regarding IT costs is large capital expenses within infrastructure. If an organization using a traditional IT model wants to plan for more business traffic or application workloads, new hardware will need to be provisioned which can be an expensive burden. This business necessity can take a lot of time and capital for a company and is a major downside for overall growth. IT infrastructure can also take a lot of time and money to manage, update, and maintain over time as well. Unlike a traditional IT infrastructure model, cloud providers allow businesses to use their existing infrastructure at a small variable cost in contrast to a large capital on-premise expense.
Within the cloud computing model, a business only needs to pay for what they use. If a company needs to plan for a high traffic period, they can simply scale up their existing resources until they no longer need them. When built properly, the resources within the environment will be automated to scale automatically based on traffic/resources needed to perform at a desired level. The ability to have an elastic infrastructure can save an organization thousands of dollars in IT costs each month. This concept is excellent for MMEs since they tend to not have the same size IT budgets compared to larger enterprise companies.
Scalability + Hybrid Environments
In addition to saving money through infrastructure scalability, these cloud services also reduce infrastructure risks that a business takes when hosting on-premise. The possibility of a server overload on-premise is entirely possible and could compromise the business. Servers and drives are susceptible to failure, and backup plans are needed on-premise. Cloud services address these durability concerns by providing extensive backup features to the customer. In addition, the cloud is very agile and can handle practically an unlimited amount of data.
Because of the challenges associated with COVID-19, many companies have been forced to transition to a work-from-home style environment. Many large enterprise companies were able to quickly make the switch over to WFM, but in contrast, many mid-market enterprises were left in need of a solution that successfully allows employees to have full access to the resources needed to do their job. In a traditional work environment, files and data are very easily accessible through the corporate network for employees to utilize; however, when COVID-19 sent everyone home, many employees strug
gled to access these same needed materials across the Internet on their home networks. Specialized cloud services for remote connectivity do a fantastic job at addressing these concerns. These services can securely provide authorization and access to any permitted user with an Internet connection across the globe.
Data Security for MME's
Some MMEs may be skeptical about data security within the cloud and what the process is for accessing protected data for analytics. Fortunately, many cloud providers have adopted a tokenization methodology in order to protect client data. Tokenization works by utilizing an irreversible placeholder as a substitute for the sensitive data.
The sensitive data is stored elsewhere, and the system utilizes the token instead. This tokenization approach allows a business to analyze protected data without having to deprotect it. In a traditional IT environment, data would typically need to be deprotected for analytics; however, this is not necessary in a cloud environment. The data is protected far upstream which allows the data to move freely within the organization while still being protected.
Overall, middle-market enterprises can utilize cloud services to expand their organization’s potential through IT infrastructure savings, application scalability, risk-management, global access to company resources, and a tokenized data system for simple protected analytics. In addition to savings, these benefits can take the time burden off of an IT department and allow them to focus on greater, more innovative priorities for the organization.
Organizations who want to make the switch over to the cloud have found the migration task to be daunting and time-consuming. A cost-effective solution for an MME would be to contact a cloud consulting partner who specializes in cloud migrations. Consulting partners have experienced cloud architects that are experts in building migration plans and well-architected environments so the move over to the cloud is done in an efficient and quick manner.
AWS Partners such as Stratus10 specialize in migrating on-premise environments to the AWS cloud. Stratus10 is able to greatly cut down the time needed to complete the migration. If your organization is interested in migrating to the cloud, get in touch with our team at Stratus10 now.