If there is one thing we can all be sure of, it is constantly evolving technology. Odds are, whatever latest-and-greatest phone or computer you just bought is already becoming outdated by some other competitor.
When it comes to businesses, this also applies to how they have always stored their data. First, you start with some servers to get the ball rolling on your business, but as it grows, you need more and more servers to hold the workload and run the program.
Not only that, you’re limited to when you and others you work with can access the program. Sometimes Monday to Friday, 9 to 5 just doesn’t cut it, and you’ll need a way to get into your servers when you are not physically in the office.
You begin to realize on-premise servers are just not keeping up with the speed of our ever-evolving technology. They are not keeping up with your growing company.
The good thing is, with technology always becoming more accessible and convenient, this also applies to how you can store your data and run your company’s program.
Here, we will discuss three different tips and things to ponder when taking the plunge and moving your business to the cloud.
Take Overall Cost Into Account
Quite possibly the most important tip when contemplating cloud migration is considering the overall cost of housing your data and running your program.
With on-premise servers, it can start at a cost that fits into your budget. But as your business grows, so will the number of servers you need to hold all of your data. Ultimately, this guarantees an increase in costs with no end in sight.
However, by migrating to the cloud, there are no servers to purchase and run.
While the cost to migrate to the cloud can be viewed as costly initially, the overall costs, when compared to continually purchasing and updating servers throughout your business’ life, can be exceptionally lower in the long run.
Also, when moving to a cloud-based file system, you should consider the possibility of users creating and saving identical files, as this can unnecessarily increase the cost of working in the cloud.
Numerous employees could be working on the platform at once and creating the same files, but there is a solution. Smart content hashing spots these types of repeats and controls them through deduplication. This feature can save a business an incredible amount of cost, keeping their budget well within the desired range.
In a recent case study, Code Willing’s cloud-based file system and resource manager, CASFS+, was able to identify multiple copies of the same file for one of the clients. The client, a global industry-leading data science and quantitative research hedge fund, intended to store 245 TB of data in AWS. However, by using smart content hashing, they only needed 197 TB of storage. This feature created 21% in storage savings.
CASFS+ integrated deduplication into their platform to make sure their clients are only paying for what they need and paying for it once.
Consider Code Changes
There are plenty more fish in the sea these days that provide a cloud-based file system and analytics. But all are not created equal.
When migrating to the cloud, some code changes may be needed for your program to function. It’s important to think about how inconvenient it would be to change code and possibly even learn a new kind of code in order to work in the cloud.
So, the question is, how do you go about migrating to the cloud with the least amount of downtime? The answer is Lift and Shift.
Choosing a cloud platform with a Lift and Shift mentality means you will benefit from little to no code changes or needing to learn any new code for your program.
These types of platforms are built with your business in mind, so switching from your on-premise servers to a cloud platform leaves you with no headache and keeps your business running.
Study Level of Security Needed For Users
Another tip when looking into cloud migration is to think about how much security you will need for your program. This also includes in-house programs.
The financial management company, Code Willing, has clients who work in the quantitative investment sector. Their clients deal with massive amounts of data and billions of dollars a day. So for their clients, the level of security within their company is of the utmost importance.
By utilizing Code Willing’s cloud-based platform and resource manager, they can ensure security through monitoring and permissions run on a segregated metadata server, FSDB.
Their security setup includes data hiding, date-range restrictions, and a client-trust model.
This level of security puts the power in the hands of admins. They get to determine who sees what and at what level. The additional security benefit to their platform is that users can only see what is made accessible to them. This means any files or information they are not privy to will effectively not exist while in the program.
Data-breeches are becoming more commonplace, and it’s not always someone from the outside getting in where they should not. Depending on the sensitive nature of your business and data, it’s crucial to know what level of security you need.
Once you decide to move your business to the cloud, there will be multiple options. The key is, review what each one offers and how it will benefit your business financially, productively, and securely.
With these few things to consider, you can now feel more confident in deciding which cloud platform is best for your business.