When it comes to the enterprise cloud, there's no limit to the stories of companies that have not only successfully made the migration, but realized benefits they never thought were possible once in the cloud. As with all good things, the word is spreading quickly, and enterprises are flocking to a cloud service provider in droves. According to a recent Forrester projection, the cloud market is on a path to becoming 20 percent bigger by 2020 than was originally predicted, Bloomberg reported. One reason for this is that companies are increasingly shifting operations away from traditional software and toward the enterprise cloud, drawn by the potential for application creation and expansion that it offers as well as the control afforded by a private platform.
According to Forrester analyst Andrew Bartels, this shift is indicative of a mass enterprise move toward the cloud. "A lot of companies are not building data centers," he said, adding that they're finding all of their needs met in the cloud.
With the gradual decline of in-house computing methods, the focus is turning to private cloud providers to meet the increasing demand. As a result, it is projected that significant funds will have to be funneled into building cloud data centers. By 2020, an estimated 19 percent of the money spent on storage hardware will be directed toward cloud data centers, Forrester reported.
Businesses understanding that enterprise cloud presents better alternative to IT complexity
The growing trend among businesses to migrate to the enterprise cloud is in part being spurred by the mounting complexity within IT departments, according to ARN. The problem is that the operations of the average company are becoming too challenging for traditional IT departments to handle, which leads to these units pursuing cumbersome solutions. Ultimately, the age of the in-house IT operation is quickly drawing to a close, and the sooner businesses realize this, the faster they'll find their problems solved in the cloud. As data center expert Adam Wilkinson pointed out, there is a sense of anxiety within some companies about the difficulties involved in a cloud move. But Wilkinson stressed that the consequences of not migrating outweigh the necessary hurdles of making the leap.
"Companies who are delaying their operational transition to cloud-based platforms risk incurring higher capex [capital expenditure], as well as restricting their ability to engage new business models, leaving them at a significant competitive disadvantage," he said.
One understandable source of confusion among cloud-bound businesses concerns which cloud platform to inhabit. But when it comes to that issue, the cyberthreat atmosphere we inhabit leaves only one responsible solution for companies: the enterprise cloud.
However, precautions must be taken due to proliferation of cloud attacks
Unlike the public cloud, whose open forum creates vulnerabilities that can be exploited by hackers, the enterprise cloud is equipped with the security defenses to protect all its users. This is especially important in an age when cloud attacks are more common than ever. According to PCWorld contributor Tony Bradley, cybercriminals are increasingly focusing their attention on business cloud platforms, searching for operations that are not suitably guarded and can therefore be easily breached. According to a Spring 2014 Alert Logic Cloud report, "organizations moving to the cloud must implement enterprise-grade security solutions to protect their cloud workloads." Otherwise, they risk falling victims to the myriad hackers out there. Fortunately, the enterprise cloud is designed to provide stringent and highly individualized security to its users. When your company joins the enterprise cloud, it will have an opportunity to decide on the security structure that will best meet its needs. This could ultimately be the difference between getting attacked and remaining safe.