3 Simple (But Important) Things to Remember About Cloud Computing

Dec 18, 2019

3 Simple (But Important) Things to Remember About Cloud Computing Image

Conducting business through “the cloud” has been a growing trend in the past decade, allowing organizations to easily access services and store or share data easily from any device. The term cloud computing is what the term “the cloud” stems from – the capability of engaging and using services accessed through the internet, instead of what’s inside your computer hardware or software. Big cloud computing providers include Amazon Web Services (AWS), Salesforce CRM system, and Microsoft Azure providing access to network, storage, and computing resources to meet the needs of every size business. From 2016-present AWS has grown from $10 billion in revenue to $25.7 billion – illustrating the growth of cloud computing. As businesses consider migrating to the cloud, here are three important things to keep in mind about cloud computing.

1.   The convenience of buying services through cloud computing might not always be cost-effective in the long-term.

Cloud computing services are usually subscription-based, on-demand services you pay similar to your home’s utility bills. This allows businesses to purchase the services and applications they want, when they want them, solving their needs at that moment. This helps cut down on the upfront capital costs that businesses face when purchasing equipment with the same software already installed. One of the disadvantages of this convenience, is the added operating costs that comes with having to renew the services, as well as the reliance on the supplier of the service or application. Additionally, not every service might meet all of your business needs, and the supplier could decide to make a significant change or stop supporting the product all together, which could impact your business in many different ways.  With this in mind, the ability to scale your business up or down in a short notice and the lower infrastructure costs, might outweigh the long-term operating costs associated with cloud computing services.

2.   Cloud computing is more secure than traditional IT systems and on-premises data centers.  

Although cloud security issues continue to be on the rise and hackers have proven that its possible through breaches like the celebrity iCloud breach that occurred back in 2014, cloud computing is still perceived as more secure than traditional IT systems and data centers. When businesses purchase cloud computing services, more than often they are also purchasing high-class security expertise as well, keeping their data safe. For SMBs, who don’t have a full IT security team, this is a big advantage for them to migrate their data to the cloud for enhanced security. Public cloud providers provide greater technical security expertise, the ability to find security holes and patch vulnerabilities faster, and are more resilient providing backups of information in case of a security incident or natural disaster. According to Gartner, “Through 2020, public cloud infrastructure as a service (IaaS) workloads will suffer at least 60% fewer security incidents than those in traditional data centers.”

3.         Privacy risks are heightened when information is stored on the cloud.

When businesses and users use the cloud to store their information, they lose a degree of control over how their sensitive data will be used. Having an understanding of the cloud providers privacy policy and the potential risks associated when using their services will be important in assessing how well they protect your information. Google and Facebook are great examples of cloud providers who collect and store user data through their advertising platforms, and have recently been fined due to noncompliance with privacy regulations. Understanding privacy and protection laws and regulations is another important aspect in protecting client data when your business stores its information in the cloud.

Keeping these three items in mind when conducting business over the cloud, will better equip your team with the knowledge they need when building their security plans on how to protect business information and data over the cloud. For any questions or assistance on managing the risk associated with migrating your business to the cloud and the security implications with it, reach out to our IT professionals at contactus@secuvant.com or give us a call at 855-732-8826.