The Cloud is Quickly Becoming King
If you're involved in your company's IT department in any capacity, you're likely assisting your company move its digital processes and resources to cloud-based solutions. You're not alone. Companies of all sizes are moving their applications, storage, and processes to cloud resources to reduce costs, increase flexibility, and shed costly legacy hardware and software solutions.
Advantages to Cloud Solutions
The advantages to moving to the cloud are many. First of all, operating physical data centers is extremely costly in terms of energy consumption, physical space, as well as the investment and maintenance costs associated with owning hardware. Companies can move applications to cloud solutions to reduce their energy consumption expenses, as well as reduce the high initial investment of hardware assets that will likely be obsolete before they're even paid off.
More often than not, the investment in these hardware solutions has a negative impact on the software as well. Some software solutions have a negative impact on a company's ability to adopt new software solutions quickly, forcing them to wait for their vendor's solution to come to market to address their need. The ability to quickly adopt new software features or technologies via the cloud make the switch extremely appealing to most IT managers.
Additionally, the ability to adopt the perfect application, via the cloud, for specific business processes means companies have access to best-of-breed application for each business function. More efficiency, less compromise.
Stats of Companies Adopting Cloud
RightScale recently released a study, based on the responses and industry data of over 1,000 IT professionals, that accurately depicts the reasons for moving to the cloud. The survey shows us that the trend toward the cloud is increasing, with private cloud adoption increasing from 63% to 77% from 2015 to 2016. Hybrid cloud adoption is up to 71% in 2016, up from 58% in 2015.
Companies moving to the cloud are quickly utilizing multiple cloud resources, with the average cloud user utilizing six different cloud solutions to run their applications. The proliferation of virtual machines (VMs) is stunning, with 17% of enterprise companies using more than 1,000 VMs in 2016.
In fact, the adoption of cloud solutions isn't stymied by cost, quality of solutions, or concerns over security. The main issue standing in the way of companies adopting more cloud services at a faster rate is the lack of resources and expertise on offer. Almost one-third of respondents in the survey cited this lack of knowledgable resources and expertise as their biggest challenge in dealing with the cloud.
Data Management is Crucial
As companies adopt cloud-based solutions, they will inevitably have more data scattered in more applications. It's extremely important that businesses manage their data in order to keep applications and business processes running smoothly. Naveego's Master Data Mangement solution aids in this process by clearly displaying data from across your cloud resources in one dashboard. What's more, Naveego's data quality solution helps you track and address data quality issues before those inaccuracies hit your dashboard. In modern business, the companies who can utilize accurate information to run their businesses more intelligently will gain a competitive edge. Isn't it time you started taking steps in that direction as well?