The ROI of Cloud Adoption: Survive the Market Crisis with Smart Cloud Usage

A technology hidden from the human eyes yet assisting businesses in expanding. Technology is letting businesses survive the dire effect of the crisis and grow through it.  

Cloud technology it is!  

But the question here is what is giving way to such massive adoption of cloud? What constitutes making cloud infra a reliable option for businesses with low capital but futuristic approaches? The absolute value of cloud computing is determined to be the enabler of digital transformation and not only a technology that solves a particular business challenge. Cloud technology covers the umbrella of almost every business operation and upgrades them for better functionality. The uniqueness of this technology makes it the first one to be adopted not only during a crisis but also in a state of normalcy.  

Let’s delve deep into how cloud adoption proves to be a good investment for businesses during a crisis.  

Offering Remote Connectivity  

COVID-19 brought in a pandemic that left the world to turn upside down. It enabled workforces to move to their safe abodes to carry out their work. Talking about only a decade back when standalone software and dial-up internet were things, work would have suffered a complete downhill in a situation like such.  

Currently, companies, irrespective of their domains and categories, can continue their work operation efficiency by utilizing cloud technology. Cloud is offering a virtual IT infra for professionals so that they can set up an office in their homes. Owing to the remote working capabilities of the cloud, the users can connect with their co-workers and stakeholders and access data and application. The best-suited instance of this is Zoom, a video conferencing tool through which users can have a quick audio or video conference using a smartphone, tablet, laptop, or desktop.  

Pay-as-you-go Model  

Pay-as-you-go or pay-per-use model is definitely an attractive aspect for businesses seeking their work migration to the cloud. This payment model is similar to utility bill payment, wherein you only pay for the utilized resources. Businesses benefit from this cloud deliverable as the need to have a working capital set for payment of services no longer exists. In addition, it saves the provisioning of capital for resources that never get utilized. The pay-as-you-go model further undergoes modifications that are based on cloud servicing models that are classified as:  

Infrastructure-as-a-Service

 IaaS typically includes services like storage, which is used monthly, weekly, or hourly, and customers pay for it as per the usage. Some reliable IaaS vendors are ACH, AWS, Microsoft, and IBM.  

Platform-as-a-Service

 The PaaS cloud model is one in which a common platform is set for hosting, developing, and managing the required applications in a uniform ecosystem. With such a platform, it is easier to get consistency in operations without needing components integration from multiple vendors for one application.  

Software-as-a-Service  

One of the most common cloud services used by businesses is SaaS. This forms a mobile and web application that can be accessed from anywhere through a unified portal. The customers only pay for the resources they utilize. The payment model can be customized per the subscription features, storage space, or an amalgamation of the two.  

Considerable Reduction of Overheads  

It is evaluated that cloud services have a hand in reducing the IT costs of a business by 30%-40%. As per a study conducted by Rackspace Hosting, 88% of cloud users witnessed a reduction in their IT costs, and 56% of these users were able to generate a hike in their profits. Though the start of migration can seem like a challenge, the long-term benefits are worth taking on those challenges. Here’s how:  

Decrease in hardware requirements  

Cloud services eliminate the need for on-premise hardware investment. Thus, it saves rental and power expenditure, which could otherwise form a massive chunk of IT costs. The entire data is saved in databases online, which can be accessed with any device connected to the internet.  

Least maintenance cost  

With minimum IT hardware, the maintenance costs also stand at a minimum. Plus, the maintenance required will be along the direction of software updates or upgrade. Over-the-air updates are also available with the cloud. The release of one particular version can be integrated into multiple touchpoints parallelly.  

Carbon elimination 

Among the few underrated benefits of the cloud is the reduction of carbon emissions drastically. Limiting power consumption, waste from IT hardware, and the accessibility of resources online helps reduce carbon emissions considerably.  

Facilitation of Data Access  

Video content, spreadsheets, documents, audio content, and slides. You name it, and its access and sharing are possible online because of the scalable bandwidth of the cloud. Before the cloud became a thing, information remained in the silos, the unique files whose access was only limited to its owners. With the cloud, users now have real-time data access. The collaboration, implementation, and changes can be easily done without the restriction of file access and control.  

With smooth data access, the users are able to fulfill their work duties irrespective of their work location. But here is another associated benefit of quick and smooth data access through the cloud. It has made the building of teams possible for organizations without having to worry about geographical borders. The best talents globally can be hired without any hassle based on their experience and credentials. Being far from work location is no more a barrier to work. Having facile data access ensures that the remotely working employees are able to connect virtually and showcase their participation like any other employee.  

Why is the future of businesses only going to set the sky as a limit with the cloud?  

The recent spike of Covid-19 cases in China proved that the pandemic has a lot of staying power. Further waves of pandemic are expected to rise and fall. However, the reliance over cloud is rising in the parallel.

Cloud is not just a good-to-have solution — it is a rock-solid use case. It is the pivot around which digital transformation primarily revolves. The sage of an online bookseller becoming an e-commerce giant is just the beginning. Others must follow to stay relevant in the race. If they not then their competitor will embrace and leave them behind in the dust.  

Know how Ace Cloud Hosting can help you realize the maximum yield from your cloud investment. Contact us today via a call us at +1-855-223-488 (United States) or +91-981-110-4802 (India). You can also contact us via email (sales@acecloudhosting.com) or by visiting our website. 

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