Organizations across the globe are buzzing about the cloud as the savior of their data management needs that provides them with the assistance they require for their business solutions. In this digital era of insights and analytics, the cloud has emerged as the best possible source for data management.
However, the suitability of the cloud for data management does not mean that you should jump toward it without doing some of your own homework. Organizations should know what they are stepping into, and all the options they have when it comes to the cloud. What are the questions you need to ask your cloud provider before making the migration? What are the challenges that you will face through this move? It is best to have answers to all of these questions before you make the strategic move to the cloud.
The biggest opportunity the move to the cloud presents is that of future-readiness. The digital future everyone has been going on about is currently upon us, and only companies that are ready for it can sail smoothly during the decades to come. By the 2020s, nothing other than a hybrid cloud strategy will suffice for data management. The demands and needs of the digital world of the future are inherently different than what they were in the past. Make sure that you are prepared for them.
Ronald Van Loon has worked with Exasol for quite some time now and is the company’s ambassador. As part of this partnership, he recently had the opportunity to speak with senior executives and company experts from the industry. Here we take a look at some key insights from their discussion regarding the cloud.
All business endeavors and processes in this day and age are derived to meet the expectations and demands of the end client. The customer holds the key to introducing change within your brand, which is why it is important that you keep tabs on their demands.
“Organizations need to align their digital business strategy to justify cloud investments. Cloud makes it easier and faster to build new AI-driven applications which make public cloud attractive to leverage for digital business opportunities. Private cloud is being exploited, especially where intellectual property control, regulatory or compliance concerns, security, performance, and cost of service delivery are important,” mentions Mathias Golombek, the CTO of Exasol.
Most entrepreneurs and C-level executives have their eyes on the industry and their customers, and consider this input before making predictions about the future. They want to know what the future holds and take inspiration from historical developments within the industry and the specifications of their clients to gather this knowledge.
The demand from organizations have been leading the change toward cloud adoption at the organizational level.
Since we expect organizations to have a basic understanding of cloud types before migrating, here we mention a brief explanation of the three main kinds.
On-premise is a physical on-site server, present within the premises of the organization that requires management and upkeep by the organization. This can end up being an expensive solution for an organization, as they have to spend a greater amount of money on a short-term basis. There is limited accessibility for organizations here, as the system isn’t accessible to all.
The benefit of on-premise cloud is that you still have sufficient control over data security. This is a plus for companies that have the talent to manage this. However, this isn’t as appealing for companies that lack the technical expertise.
The hybrid cloud system combines on-premise, private, and public cloud services, synchronized between the two platforms to support workload mobility as computing needs evolve. In shorter terms, the hybrid cloud uses the best of all worlds to deliver the desired results to you.
Companies find this method beneficial because they can benefit from the promise of security and cloud agility, without compromising on anything. In other words, they get the versatility, scalability, and cost-effectiveness of public cloud, along with the security, dependability, and compliance of private cloud.
The hybrid cloud system will dictate the way organizations work in the future.
The multi-cloud is a cloud setup where the client uses two or more cloud platforms from different providers in one varied architecture. Unlike hybrid cloud, which relies on different deployment models, it utilizes multiple cloud services.
These cloud platforms can provide multiple solutions for different workloads, but don’t have the synchronization required for having connectivity across the board.
Both new startups and established enterprises have different factors they should consider before moving to the cloud.