Cloud Migration

Why Private cloud is the first choice of Businesses when it comes to IoT

Why Private Cloud is the First Choice of Businesses When it Comes to IoT?

Today, terms like smart refrigerator or smart town or home security system and many other words are familiar with everyone. Not just this, people even know that how these devices fit into the Internet of Things (IoT). Besides changing the lives of individuals, IoT has become a boon for businesses as it helps in making it more effective and efficient. Through automated sensors attached to packages or vehicles to inform the organization about the supply chain status, devices to monitor and track business development processes, or create more customer engagement, IoT provides every possible solution to help businesses grow and succeed. 

Another business-outlook changing tool that is helpful for devices within the IoT is the cloud. It is an interconnected network of servers that store data for individuals and businesses alike. Individuals opt cloud for storing files on iCloud instead of saving on phone or computer, while companies use the cloud for business processes, mainly to store data from IoT systems.

Do you know the Difference Between a Private and Public Cloud?

Well, it’s not mandatory to have a cloud for IoT systems because the operations of IoT systems can even take place locally rather than on the cloud through a connection to the internet. Yet, using the cloud for IoT systems within your business might help in reducing costs and scale that often accompany cloud use.

Organizations can opt for either a private cloud, a public cloud, or a hybrid cloud for cloud use. It is necessary to know the pros and cons of all three cloud services. One of the most popular types of cloud service, especially for individual use, is the public cloud. In this, a third-party service provider owns this cloud but will not be responsible for any maintenance or infrastructure. Google Drive, Amazon Web Services, and iCloud are some examples of public clouds. 

In a private cloud, the stored data and information are only available and can be accessed by the organization for which it was developed. This implies that Private Clouds offer more control over their data to the organization. Private clouds are the first preference of organizations like financial institutions or government institutions because they deal with sensitive information.

The third option is the hybrid cloud. These are a blend of private and public clouds. This combination empowers organizations to customize which cloud type to use for better results.

Benefits offered by Private Cloud for businesses:

There are many reasons for which a company may opt to work with a private cloud:

Protects Company Data:

Companies that have adopted IoT systems and devices experience immense data flow. This data helps churn valuable insights that can help the business to improve and grow. It is now apparent why organizations are concerned with data security. Private clouds have dedicated service providers that enable organizations to control data firmly. In this, the organization is responsible for installing and maintaining the cloud infrastructure so they can manage their valuable data in a better way.

Improves Productivity and Efficiency:

One of the main reasons for opting for private cloud over others is its features that promise efficiency and productivity in a business. An organization can prosper when they are concerned more about improving productivity among their employees.

Choosing a private cloud can improve a company’s efficiency by:

  • Facilitating a business’s data usage and storage
  • Enabling communication among co-workers more comfortable and faster
  • Providing more flexibility and customization that allows systems to comply with special regulations or standards within the company or industry
  • Offering employees better file-sharing capabilities

Additional Benefits:

There are several other benefits organizations may enjoy with private cloud usage, such as:

  • The Expenditure. While it may seem as if a public cloud may be the more affordable option in many cases; however as per a report shared in 2019 concluded from 451 Research reveals that private cloud computing, mainly if it runs on a reliable single-tenant VMware are found to be less costly for some businesses.
  • More Efficient Decision:  A company is dependent on data and wishes to store data that can help in making significant business decisions on a more local level instead of sending data to a centralized location for processing purposes and proper analysis.
  • Less Latency:  On-premises management of systems and devices can promise faster data connectivity between servers and devices, lowering latency and permitting businesses to operate promptly.
  • Proper Integration With Existing IoT Systems:  An organization can easily integrate IoT systems with new systems more efficiently if they can physically access their data management system.

Conclusion:

In this fast-changing world, it has become mandatory to reevaluate the decisions made for the business benefit. Cloud computing is proliferating, so it has become obligatory to consider the future of cloud services for media, individuals, and businesses.

While considering cloud services for your business, be sure about the requirements of your business and opt for the most fitting cloud. Are you looking for cloud migration? Contact us to get the most reliable and result-focused services.

Why does Your Organization Need to Shift to the Cloud?

Today organization, either small or medium or large, are looking for more business value from their data. Business data has become spinal of businesses because every decision and actions are dependent on it. Thus, the increased dependency has increased the pressure on data executives to access, manage and distribute and analyze the data coming out from different sources before it becomes worthless.

The task of processing the volume data are both challenging as well as expensive with legacy systems, architectures and storages plans while shifting organizations towards cloud migration. The shift to cloud migration can cut off the cost and increase access and viability.

Well, the reason for a shift can be different for different organizations and is based on the organization’s need.

Here the list of few common reasons for shifting to the cloud:

  • Consumption-based model: The consumption-based model is one of the beneficial advantage offered by the cloud. The high price of storage, servers and operations designed for on-premises implementations are the reason for the switch to clouds. Cloud provides a utility-based model which allows user to pay for ‘what and when’ it is used.
  • Value-added insights: Aquiring value-added insights from the data is a goal of organizations. The available ongoing costly solution requires high maintenance due to the complex and massive data flow. The traditional data warehouse solutions are not capable of meeting the needs of an organization and does not provide value-added insights for better results.
  • Reaching end-of-life/end-of-support: The traditional platforms and technologies are not capable of reaching end-of-life/end-of-support or scale-up. Cloud Migration that results from data warehouses is capable of reaching the end of life/support by the provider.
  • Leveraging analytics and AI/ML: Old platforms and warehouse solutions disappoint in leveraging analytics and AI/ML for extracting better business insights. They fail to support organizations in meeting the set objectives and goals. On the other hand, they require a high cost of maintenance too.

Well, if you have decided for cloud migration, then let’s get to ‘where’ and ‘how’ questions directly.

From where to start for migration?

Suppose an organization has made a mind for cloud migration, then the most important question which strikes in mind is ” where to start?”. Cloud migration is no different from any large transformational initiatives as it involves a logical starting point. The already existing data warehouse is actually a starting point because it stores a large amount of data.

Read More: Six Inevitable Steps to Bring Digital Transformation in Your Business

How to start?

The database migration or complete end-to-end cloud migration requires a whole focus on the source of the transformational initiative.

Some of the success factors which can help in cloud migration are as follows:

A) Developing a strong business use case resonates across the organization. It ensures clarity, provides vision, offers strategic guidance for initiative and provides a methodology to measure success. A well-designed business use case involves different technologies, platforms and IT. It provides a common framework to deliver optimal value.

B) Keeping knowledge of current state and future state while sharing a common perspective across the organization is essential. This involves cross-checking the technical architecture, understanding the cultural and political dynamics present around the initiative. When everything is clear that is a solid understanding of the current state and its requirement, future goals and objectives and existing gaps, then a precisely planned roadmap can be efficiently followed for near-term or long-term value.

C) While undertaking a data-driven program, one should follow the set standard and requirements for collection, identification, storage purposes. Data governance involves unstructured data, semi-structured data, structured data, registries, taxonomies and ontologies as it contributes to organizational success through regular and compliant practices. Guidelines from administration need to discuss all types of new data requirements that must be included as a part of any new program. Thus this must be addressed at the source to ensure that the resulting insight can be trusted to assist the organization in achieving value from the investment made.

D) Precise planning and keeping an eye on future guarantees success. Today, new tools and technologies are available in the market. Creating a well-planned data strategy allows organizations to scale-up and nurture their investment in a most-favourable manner. Data strategy recognizes the critical skills required and what is needed to achieve business objectives, plans and strategies.

A complete data strategy will also help in overviewing data management and assures that all essential steps involved in the modernization process are followed. The modernization process involves data migration, cleansing, standardization, and governance.

To confirm long-term, scalable and sustainable data program, an organization must go for single approach instead of being involved in different projects for the same purpose. Disparate projects do not lay the required right foundation for business transformation. An enterprise data warehouse implementation or modernization is not an easy task. Still, a precisely-designed, well-socialized, futuristic strategy supported by the right level of capability can assist organizations in achieving their objectives.

Prompt Softech is an IT company working with a motive to elevate businesses through innovative and smart technologies. The IT company assists businesses which require cloud migration. The Softech company gives priority to the current need of businesses and delivers the most fitting solutions. If you wish to benefit more from the data, then must switch to the cloud and enjoy the advantage by generating the business value data.