$67 billion. That’s the projected value of the global Software as a Service (SaaS) market by 2018, up from $49 billion in 2015, according to recent research. Meanwhile, cloud applications will account for 90% of worldwide mobile data traffic by 2019, up from 81% at the end of 2014. As more organizations turn to the cloud for their computing needs, it makes sense to ask whether the cloud is a good fit for your business.
Simply put, the cloud is “able” – it’s scalable, reliable and available. These factors make it appealing to a wide range of industries looking for ways to improve or supplement their existing IT infrastructure. While there is no absolute set of rules that will tell you whether the cloud is right for you, here are a few things to think about.
A cloud solution could benefit you if:
• Your organization is experiencing increased traffic and you aren’t able to quickly or cost effectively expand to meet increased demand.
• You’re having a hard time keeping up with demand for storage as requirements increase. This is becoming especially prevalent as the Internet of Things continues its explosive growth.
• You’re in need of a disaster recovery solution for your data center.
• You are seeking to mitigate operation costs without sacrificing IT effectiveness.
Of course, there are also challenges to overcome with cloud implementation:
• Compliance requirements may limit what sensitive data you can deploy to the cloud.
• Security must also be considered when considering cloud migration, although top cloud providers have stronger security protocols than most companies could set up in their own centers.
• Moving applications to the cloud can result in increased latency, which might disrupt business functions.
• Managing a cloud solution can be time consuming, taking your team’s focus away from your company’s core business.
As you continue to explore the viability of a cloud solution for your organization, consider partnering with a trusted cloud provider, like QTS, to help you navigate the world of cloud computing. QTS offers a Managed Cloud solution that takes the burden of managing and maintaining your cloud off of your IT staff. If you don’t have the in-house expertise and resources that are required, or if your staff’s time is being consumed with the day-to-day tasks of supporting your cloud environment instead of focusing on the core business, then outsourcing most likely makes sense.