Why embrace the cloud to accelerate digital transformation?
Miracle Software Systems, Inc
Your Partner for Digital Transformation Journey
Organizations today are forced to embrace digital transformation in one form or the other. In the past decade, we have seen a rapid evolution of the technology landscape across the field of Data & AI, the Internet of Things, RPA, AI, Digital Applications, and the Cloud. Out of all these technologies, the cloud has emerged as the centerpiece with its ability to turn enterprises into digital-first organizations. As per a report by Gartner, global spending on public cloud services is estimated to grow from $410.9 billion in 2021 to $494.7 billion in 2022 and $600 in 2023, with IaaS, DaaS, and PaaS to witness the highest end-user spending.?
In this article, let’s look at some of the benefits the cloud offers to support your digital transformation journey,
Reduced Operational Costs
The cloud provides a scalable service model where enterprises can pay only for the resources they use. It helps effectively scale the resources based on the needs and saves costs on purchasing and managing IT infrastructure.?
Improved Customer Experience
Cloud enables access to real-time data, which can be used to make smarter decisions about your customer journey. You can also personalize the customer journey when cloud apps use machine learning.?
Enhanced Collaboration
Cloud computing enables businesses to access, retrieve, and process data anytime, anywhere, ensuring efficient collaboration and improved productivity. Moreover, video communication is much easier with the cloud, as it enables businesses to manage and schedule meetings directly on the system.
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Flexibility and Efficiency
Cloud brings agility and flexibility by providing essential platforms, infrastructure, and computing resources, without the need to invest in different IT infrastructures. It enables enterprises to quickly respond to customer needs, eliminating issues with IT systems overloading or over-provisioning.
Automation
Cloud Computing offers tremendous automation opportunities when compared to the old-school approach of on-premises servers that relies on manual processes. Through cloud automation, you can accomplish tasks such as auto-provisioning servers, backing up data, or discovering and eliminating unused processes without any human intervention.?
Faster Prototyping
Enterprises usually follow a process of steps including ideation, innovation, testing, and deploying to drive digital transformation. The cloud enables efficient execution of this entire process without the need for complicated resources and infrastructure. Hence, enterprises can test and deploy various applications on different platforms during experimentation.
Is Cloud adoption a mandate?
The rise of cloud computing has been one of the dominant technological trends over the past decade. By leveraging the cloud, enterprises can overcome initial concerns such as security, scalability, regulation, and data storage costs. Irrespective of the Digital Transformation objectives, Cloud Computing has become a mandate for organizations to transform their businesses, as it lets them save costs, accelerate innovation, operate at scale, and extend products and services to anyone and anywhere.?