Organizations across the globe are buzzing about the cloud as the savior of their data management needs that provides them with the assistance they require for their business solutions. In this digital era of insights and analytics, the cloud has emerged as the best possible source for data management.
However, the suitability of the cloud for data management does not mean that you should jump toward it without doing some of your own homework. Organizations should know what they are stepping into, and all the options they have when it comes to the cloud. What are the questions you need to ask your cloud provider before making the migration? What are the challenges that you will face through this move? It is best to have answers to all of these questions before you make the strategic move to the cloud.
The biggest opportunity the move to the cloud presents is that of future-readiness. The digital future everyone has been going on about is currently upon us, and only companies that are ready for it can sail smoothly during the decades to come. By the 2020s, nothing other than a hybrid cloud strategy will suffice for data management. The demands and needs of the digital world of the future are inherently different than what they were in the past. Make sure that you are prepared for them.
Ronald Van Loon has worked with Exasol for quite some time now and is the company’s ambassador. As part of this partnership, he recently had the opportunity to speak with senior executives and company experts from the industry. Here we take a look at some key insights from their discussion regarding the cloud.
All business endeavors and processes in this day and age are derived to meet the expectations and demands of the end client. The customer holds the key to introducing change within your brand, which is why it is important that you keep tabs on their demands.
“Organizations need to align their digital business strategy to justify cloud investments. Cloud makes it easier and faster to build new AI-driven applications which make public cloud attractive to leverage for digital business opportunities. Private cloud is being exploited, especially where intellectual property control, regulatory or compliance concerns, security, performance, and cost of service delivery are important,” mentions Mathias Golombek, the CTO of Exasol.
Most entrepreneurs and C-level executives have their eyes on the industry and their customers, and consider this input before making predictions about the future. They want to know what the future holds and take inspiration from historical developments within the industry and the specifications of their clients to gather this knowledge.
Forrester reveals that the shift towards hybrid cloud is being driven in part by a desire for greater competitive differentiation. “To stay ahead of their digital competitors, companies seek hybrid cloud because a hybrid model can offer higher consistency, better security, and more agility than any one public or private cloud can alone.”
The demand from organizations have been leading the change toward cloud adoption at the organizational level.
Since we expect organizations to have a basic understanding of cloud types before migrating, here we mention a brief explanation of the three main kinds.
On-premise is a physical on-site server, present within the premises of the Organization that requires management and upkeep by the Organization. This can end up being an expensive solution for an organization, as they have to spend a greater amount of money on a short-term basis.
