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What Advantages Does a Mid-sized Enterprise Gain by Migrating to the Cloud?

In today’s fast-paced business world, staying ahead of the competition is crucial for the success of any mid-sized enterprise. One way to gain a competitive edge is through cloud migration. 

But what exactly is cloud migration, and what are the advantages for a mid-sized enterprise? This article will explore the answers to these questions and more.

What is Cloud Migration?

“Cloud migration” refers to transferring an organization’s data, applications, and other business elements from on-premises servers to a cloud-based infrastructure. This allows businesses to access their data and applications from anywhere with an internet connection instead of being restricted to a physical location.

Competitive Edge

Cloud migration can give mid-sized enterprises a competitive edge by providing access to the latest technology, tools, and scalability. This allows businesses to quickly adjust their resources and services to meet changing market conditions and customer demands.

Cost Savings

Another significant benefit of cloud migration is cost savings. By moving to the cloud, businesses can eliminate the need for expensive on-premises hardware and maintenance costs. 

Cloud-based solutions also offer a pay-as-you-go model, meaning businesses only pay for the resources and services they use. 

Mantra Labs recently helped India’s largest private insurer to migrate its customer portal to AWS. It enabled the company to improve its performance and discoverability metrics by 75%. Additionally, it helped them reduce their time to market for new feature launches by 43%. 

Also, GlobalSCAPE, a data security company, moved its entire infrastructure to a hybrid cloud model with Microsoft Azure. This resulted in a 30% reduction in infrastructure costs, improved disaster recovery capabilities, and enhanced data security compliance.

Increased Efficiency and Productivity

Cloud migration can also lead to increased efficiency and productivity for mid-sized enterprises. With data and applications accessible from anywhere, employees can work remotely, improving flexibility and reducing the need for physical office space.

Zapier saw a 100% increase in developer productivity after migrating to Amazon Web Services (AWS). Improved collaboration features and access to real-time data also fueled their innovation pipeline.

Enhanced Security

Security is a top concern for any business, and cloud migration can help mid-sized enterprises improve their security measures. Cloud service providers have dedicated teams and resources to ensure the security of their clients’ data and applications. This means businesses can benefit from advanced security measures without investing in expensive security systems.

They also offer data backup and disaster recovery options, ensuring businesses can quickly recover from any potential data loss or system failures. This added layer of security can give mid-sized enterprises peace of mind and protect them from possible financial losses.

Flexibility and Scalability

As mentioned earlier, cloud-based solutions offer scalability, allowing businesses to adjust their resources and services easily. This flexibility is especially beneficial for mid-sized enterprises, as they can quickly adapt to changing market conditions and customer demands without investing in expensive hardware and software.

Cloud-based solutions also offer the flexibility to choose the services and resources that best suit the needs of the business. This means that mid-sized enterprises can customize their cloud infrastructure to fit their specific requirements rather than being limited to a one-size-fits-all solution.

Improved Customer Experience

In today’s digital age, customers expect businesses to be available and accessible at all times. Cloud migration can help mid-sized enterprises meet these expectations by providing 24/7 access to data and applications. This can lead to improved customer experience and satisfaction, ultimately resulting in increased customer loyalty and retention.

Cloud-based solutions also offer the ability to integrate with other systems and applications, making it easier for businesses to provide a seamless customer experience. This can lead to improved customer engagement and increased sales and revenue.

Real-World Examples of Cloud Migration Benefits

Let’s look at some real-world examples of mid-sized enterprises that have benefited from cloud migration.

Netflix

Netflix

Netflix is a prime example of a mid-sized enterprise successfully migrating to the cloud. By moving its entire infrastructure to the cloud, Netflix was able to reduce its costs and improve its scalability. This allowed them to quickly adapt to the growing service demand and expand their customer base.

Airbnb

Airbnb is another mid-sized enterprise that has benefited from cloud migration. By moving to the cloud, Airbnb improved its customer experience by providing 24/7 access to its services. This has increased customer satisfaction and loyalty, ultimately resulting in the company’s success.

How to Migrate to the Cloud

Now that we’ve explored the benefits of cloud migration, you may be wondering how to get started. Here are some steps to follow when migrating to the cloud:

Assess Your Current Infrastructure

The first step in cloud migration is to assess your current infrastructure. This will help you determine which applications and data must be migrated and which can remain on-premises.

Choose a Cloud Service Provider

Next, you’ll need to choose a cloud service provider. Researching and comparing different providers is essential to find the one that best fits your business’s needs and budget.

Plan Your Migration Strategy

Once you’ve chosen a cloud service provider, it’s time to plan your migration strategy. This involves determining which applications and data will be migrated first and creating a timeline for the migration process.

Migrate Your Data and Applications

The next step is to migrate your data and applications to the cloud. This can be done manually or with the help of a migration tool provided by your cloud service provider.

Test and Optimize

After the migration, testing and optimizing your new cloud infrastructure is essential. This will ensure that everything functions correctly and that your business can benefit from all the advantages of cloud migration.

At Mantra Labs, we’ve helped over 30 clients in their cloud-first journey. Connect with us for a discussion today. 

Conclusion

In today’s digital age, cloud migration is becoming increasingly crucial for mid-sized enterprises looking to gain a competitive edge. By moving to the cloud, businesses can benefit from cost savings, increased efficiency and productivity, enhanced security, and improved customer experience. With careful planning and the right cloud service provider, mid-sized enterprises can successfully migrate to the cloud and reap its benefits.

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