Why Cloud? The Future of Business Infrastructure

Have you ever wondered why businesses, large and small, are racing to the cloud? As we sail into 2024, global public cloud spending is expected to hit a staggering $679 billion! From enhancing scalability to slashing IT costs, the cloud is not just an option; it's becoming a business necessity. Discover how integrating cloud technologies is not only optimizing costs but also revolutionizing industries by enabling agility and innovation. In this issue, we'll dive deep into the facts, analyze the stats, and explore how companies are mastering the art of cloud migration to stay ahead in the game.

Let's look at some facts and stats:

Cloud saves the day

• One of the largest Ukrainian banks, PrivatBank migrated all its operations to the cloud. The bank’s team chose Amazon Web Services (AWS) to migrate 270 applications, and 4 petabytes of client data from 3500 Ukraine-based servers and it all took less than 45 days.?

• Another bank, Raiffeisen Bank Ukraine, migrated more than 1000 servers to the Microsoft Cloud within three months. The transition happened without any business outages or extra vendor support.?

• During the COVID-19 pandemic, Sony adapted remote work setup and by using AWS cloud services, they were able to scale operations. All employees were able to work remotely and transition to such a work mode without disrupting productivity while the world was experiencing a global health crisis.?

• Microsoft Azure was one of the cloud providers that introduced remote patient monitoring and data analytics during COVID-19. It was a game-changing innovation that helped hospitals manage resources and respond to the evolving and escalating situation.

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Why do companies migrate to the cloud?

Discover why companies are flocking to the cloud! Businesses leverage cloud computing for its virtually unlimited scalability and reduced need for physical infrastructure, slashing hardware costs and administrative staffing needs. It streamlines Agile workflows, drastically cuts deployment times, and simplifies resource management, shifting IT costs from fixed to variable. Companies report significant savings—up to 50% in overall IT spending—alongside improved security and enhanced disaster recovery capabilities. With proven results like a 53% faster revenue increase, it's clear why the cloud is the cornerstone of modern business strategy. Explore how migrating to the cloud can transform your operations and boost your bottom line.

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Some cloud platforms are about to go away, what’s next?

In the last few years, several well-known cloud platforms have been shut down, deprecated, or are no longer active. What does this mean for businesses still relying on them?

We recommend two options: migrating to a different cloud vendor or building your solution.

For migration, we've done the research to help you make an informed decision easily, check out the summary:

Explore Euristiq Cloud Services?

Cloud application development

Euristiq offers tailored cloud-native software solutions for companies across all industries, from the initial ideation phase through to implementation and management. Our cloud-native applications are designed to enhance your system's agility, flexibility, speed, scalability, and reliability, ensuring you stay ahead in your field.

Cloud infrastructure and architecture

We provide specialized cloud architecture services—be it public, private, hybrid, or multi-cloud—to maximize the business value of your cloud investments. Our services are designed to enhance your cloud infrastructure, manage computing resources efficiently, bolster security, and simplify processes, facilitating a smooth transition to the cloud for companies across diverse industries.

High-performance applications

Our service boosts the efficiency of cloud applications for companies across various industries by enhancing performance and availability. Gain unparalleled visibility into your cloud-powered applications through our real-time monitoring, and benefit from our proactive management of cloud infrastructures that ensure rapid issue resolution.

What about cloud and sustainability??

The big three cloud providers represented by Microsoft, Amazon, and Google have revolutionized data center efficiency by optimizing both hardware and software. Through strategies like running virtual machines to minimize downtime, installing custom cooling systems, and automating processes, they've maintained steady energy needs over the past decade. Consequently, companies transitioning from in-house servers to the cloud are likely to see a significant reduction in energy consumption. This commitment to efficiency not only advances technology but also promotes sustainability.

Here are the latest advancements in cloud providers' journey towards sustainability:

• Microsoft has been focused on simplifying and improving the efficiency of their data centers through methods like airside economization which they introduced with their "Tent City" concept a decade ago. This approach improves cooling efficiency significantly.
• Over the years, Microsoft has increased its use of renewable energy sources, helping to reduce the carbon footprint of its cloud services and data centers.
• Amazon has pledged to meet the Paris Agreement's carbon neutrality goals 10 years ahead of schedule, aiming for net-zero carbon by 2040.
• Google uses its machine learning (ML) technology in data centers to boost efficiency. Cooling servers, which consume a lot of electricity, are optimized using neural networks that predict optimal settings based on data captured every five minutes, improving cooling efficiency by 30%.

About Euristiq

Euristiq is a digital transformation agency providing software engineering and consultancy services to help our clients digitalize operations, modernize legacy systems, and achieve maximum operational efficiency for their businesses. Our portfolio showcases global impact solutions, including advanced applications for top airlines and pioneering identity verification for the Canadian government.?

Euristiq proudly holds ISO 27001 certification, ensuring the highest level of data security for our clients. This certification highlights our commitment to protecting client information and reinforcing trust in our digital solutions.