Cloud Based Digital Transformation Journey
Until recently, organizations had to budget a decent amount of their capital for the up-front IT Infrastructure costs. These included buying physical hardware (server machines) for installing various types of software like databases, enterprise resource planning (ERP) tools, productivity tools (MS Office), and many more. To access these resources from multiple physical locations (including multiple countries and continents), organizations needed to setup high bandwidth networks so that communication and collaboration were productive.
The commercialization of clouding computing infrastructure, helped organizations reimagine the way they build, validate, and implement new solutions. The concept of on-1.demand availability and elasticity of resources was a revelation. The ability to spin-up servers on a click of a button and worry-free burst computing capability was what the startups were waiting for. The cloud-based setup allows companies to have minimal infrastructure costs and focus on the development of applications with enhanced go-to-market strategies. The facility to “rent” resources for data storage, data transformation and transfer over the internet was a state of “nirvana” that was not achieved through any of the traditional models of software development So how does cloud computing or cloud deployment works?
Most cloud providers today offer their services as a “subscription” or “pay-as-you-go” model. This allows the consumer to have commitment-free usage of the resources. The cloud resources can be configured to be used by a single organization (private cloud) or be shared by multiple organizations (public cloud). But even in public cloud, the data of one organization is NOT shared with any other organization, just the computing services.
More and more companies are migrating their on-premise platforms to the cloud, to harness coherence in processes and economies of scale. So what are the features and benefits of cloud-based applications?
Backups and Disaster Recovery
An application deployed in the cloud utilizes cloud-native storage and compute resources. This comes with the added advantage of automatic backups and data being stored at multiple redundant sites. So a well-designed cloud application improves its availability (no downtime) and business continuity.
As infrastructure provisioning can be done in minutes, cloud computing increases the ability of organizations to build prototypes faster than ever before. And because the billing for the resources is based on usage, there is no upfront cost to trying out new tools and technologies. This allows users the flexibility of doing a robust comparative analysis before committing to the final product. Increased agility allows the teams to adapt to changes and deliver a more relevant end-product.
Significant cost reductions
A large scale data management program can “self-fund” itself when migrated from an on-premise platform to the cloud. The various aspects in which the Total Cost of Ownership of a product or service can be reduced is provided in the visualization below.
A project delivery model that relies on team members located in multiple geographies to exploit the time-differences and 24X7 schedules also requires seamless collaboration. The cloud platform allows users to access the applications (for development or consumption) from anywhere in the world using the power of the internet. Also, with the advancement in web technologies, all applications that can be accessed from a desktop or a laptop, can be accessed from a tablet or a mobile phone. So the end-user can truly be “mobile” and still be productive.
Enhanced monitoring of performance and spend
Cloud-native storage and computing components are configured to automatically optimize and control the underlying resources based on the type of usage. Applications can be built on loosely coupled architecture to enhance the performance of each component involved. All cloud platforms also enable easy monitoring and reporting of resource usage. This allows the subscriber to easily track the spend and plan accordingly.
Business growth, efficient operations, and satisfied customers are some of the top priorities for every company. Enterprises are leaning towards digital transformation on cloud to help their customers create more value. Cosmic Innovations Lab Inc. has a comprehensive portfolio of offerings that focuses on helping enterprises realize maximum outcomes from their digital transformation initiatives. We can partner with you to co-create cloud-based solutions or help migrate your existing on-premise solutions to the cloud.