Deciding to adopt a cloud service for some or all of your applications may be the right answer for your business. But before making such an important decision, one should weigh many factors.
Cloud Benefits / Drivers
On the positive side, the top drivers for adopting cloud services in 2015 include:
- Increased business agility (how you adapt to business change)
- Greater control over costs
- Faster time to market for new solutions
- Increased workforce productivity
- Reduced overall business risk
- Higher technology service levels
If any of the above cloud benefits are top of mind, then adopting a cloud service for some or all of your applications may be the right answer for your business. According to the Harvard Business Review, the #1 reason that organizations adopt cloud services is to improve business agility.* However, if your organization is seeking any one of the descriptions above, then an analysis of the cloud computing options is something to consider.
Of course, there will be several key challenges, whether perception or reality, that organizations will have to overcome in adopting a cloud service provider. Top challenges in adopting cloud services in 2015 include:
- Security concerns
- Key stakeholder buy-in
- Availability concerns
- Disaster recovery strategy
- Regulatory compliance
- System performance
- Latency concerns
- General loss of control and visibility into the IT services in the cloud
As a business leader, you are challenged with evaluating the best options for your company to achieve its goals. To aid in this analysis, it is important to build a business case to adopt to the cloud.
Adopting the right cloud services strategy and partner can help you reach your goals faster and more efficiently. From 2000 to 2010, organizations were initially attracted to managed services and the cloud marketplace because of the cost savings. The ability to save 20-30 percent within the IT budget is always appealing. However, over the last several years, organizations increasingly cite improving their business agility as the number one reason for adopting cloud services.
To learn more about this process, you should download our Comprehensive Infor Cloud Services Buyer’s Guide. Click here
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"Business Agility in the Cloud,” Harvard Business Review Analytics Services, 2014, https://hbr.org/resources/pdfs/tools/Verizon_Report_Jne2014.pdf