Business organizations worldwide have now started realizing the need for digital transformation as newer and advanced technologies such as- AI, ML, IoT as they can disrupt the traditional methods out of place. Similarly, the shift in consumer needs and behavior requires businesses to ensure that digital transformation is placed well to grow further. Without leveraging the Cloud technology, the companies cannot have a clear roadmap for their digital transformation journey.
Organizations have chosen and migrated to Cloud and leveraged the digital transformation experience to gain increased overall growth and better efficiency. The digital transformation experience helps companies develop newer business models relevant to today’s competitive and dynamic marketplace.
Owing to the Cloud technology, businesses can quickly innovate, take informed and data-driven decisions, and enhance new products’ delivery & launch. With Cloud as a key enabler for digital transformation, all this can be done at cost-effective prices and increased efficiency.
Following are how Cloud serves as the key enabler of Digital Transformation-
1. Cost-Effective Solution
With Cloud technology, organizations get a chance to develop better cost-effective business models, with no actual need for investing too much in the IT infrastructure. By hosting services and performing extensive workloads on the service provider’s infrastructure, data center costs get eliminated. Also, through third-party hosting, businesses are able to replace the extensive CAPEX costs with relatively much lower service packages.
2. Increased Agility
Cloud helps in providing businesses the enhanced speed that is needed for deploying servers and applications. Also, the quick setup and implementation of applications and servers allow businesses to focus on their critical concerns like security and compliance. Cloud helps companies gain a competitive edge in the marketplace by leveraging its attributes such as- agility, rapid deployment.
Another significant reason why Cloud is used for driving the digital transformation of a business is the instant scalability. Cloud offers businesses a cost-effective and pay-per-consumption of scaling up as per the business requirements. This helps businesses address high traffic surges with utmost ease and no hindrance in operations. The scalability attribute of the Cloud eliminates the need for purchasing any additional servers to manage traffic volumes.
4. Enhanced Availability
Customers today wish to have uninterrupted and 24×7 access to products and services, which often serves as the foundation for undertaking digital transformation. Some organizations also depend on critical applications for key business processes. By leveraging cloud services, businesses get high availability through 100% Uptime. Since the Cloud servers are virtually hosted, its instances can be moved between hardware, resulting in near-zero downtime due to lesser chances of server failures.
5. Security & Compliances
For any business, security and compliances have always been a top priority. There are indeed certain stiff challenges related to systems that are placed in-house as they lack the budget and the required expertise.
This is where Cloud helps enterprises. Cloud service providers deploy top-level security experts as well as advanced tools for protecting their user systems and data for complying within the defined regulations. This further leads to Cloud users operate in a much-secured environment, backed with the latest firewall mechanisms having intrusion prevention systems and advanced virus protection mechanisms that detect and quarantine threats before they attack the client’s server.
6. In-Built Upgrades
By maintaining in-house hardware always demands regular upgrades and purchasing newer hardware. Also, the associated costs of hardware are high and migrating the applications and data can possess some real challenge.
However, by adopting the Cloud technology, organizations don’t need to worry about such issues. The Cloud service providers update the hardware regularly to remain competitive to ensure that customers will be on the benefits end when using the latest technologies.
7. Smoother Collaborations and Remote Working
The process of Digital Transformation is also about replacing the older working methods along with legacy systems. Using the Cloud technology, it becomes the ideal choice for offering the ability of remote working and enhanced collaborations. Most of the Cloud-based platforms are developed to provide video conferencing, remote file sharing, and project management tools, thereby making it easier for teams to use it everywhere. Files can be quickly updated and made available backed with connection, privileges and authentication for each employee and his projects.
Digital transformation has indeed become an inevitable necessity for businesses today. With digital transformation, enterprises get enhanced agility, innovation, cost-effective solutions and, most importantly, a competitive edge for addressing their customer needs. Cloud technology is indeed a key driver for a business’s digital transformation since it has the perfect environment for deploying other technologies and undertaking extensive workloads related to digital transformation.
If you want to drive your digital transformation journey with Cloud, feel free to reach out to Team bodHOST for enhanced Cloud services.