Migrating to the cloud has become a strategic move for businesses both large and small. By moving data and general workloads to the cloud, businesses are able to leverage the innumerable benefits offered by any variety of cloud providers including cost-efficiency, scalability, flexibility, and a collaborative environment filled with productivity. This blog explores the 5 ways migrating to the cloud can reduce costs.
Pay-as-You-Go Pricing
The pay-as-you-go pricing model holds the most advantageous benefits of cloud migration. Engaging this pricing model, you only pay for the resources you need rather than having to invest in hardware and software up front- leading to potentially reduced costs and increased flexibility.
Automatic Scaling
Automatic Scaling refers to resources that can be scaled up or down based on the needs of your company. For example, AWS automatically tweaks resources within your system (in the server farm) to remain within capacity. Additionally, Auto Scaling enables a more predictive model without the volatility and enables the lowest monetary value your company wants to exhaust. This eradicates your businesses' need for additional investments in hardware to handle peak workloads, thereby reducing costs.
Increased Efficiency
Cloud migration can help increase productivity and reduce costs through streamlined processes that may mitigate manual user intervention.
Reduced Costs
Cloud providers maintain and update their infrastructure. This can help reduce maintenance costs and allow resources to focus on the needs of the business.
Collaboration
Migrating to the cloud allows employees access to data and applications anywhere they are connected to a network. This can help increase collaboration and reduce costs.
Conclusion
Migration to the cloud can become the catalyst for business growth. Partnering with the right cloud service provider(s) provide innumerable benefits such as a pay-as-you-go pricing model, auto scaling, , reduced maintenance costs, better collaboration. It may also lead to increased effective and efficient productivity and reduced costs.
How Can DataStrike Help?
Before your business makes the decision on cloud migration, it's important to complete a deep dive analysis of your present infrastructure and investigate the costs and benefits of various migration strategies. This will enable a smoother and more cost-effective transition to the cloud. As an industry-leading cloud solution expert, DataStrike will help you to identify and engage the best strategy for your organization..