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5 Codes to Cloud Strategy for Entrepreneurs & StartUps

Gartner predicts the market for public cloud, which tends to be the best option for most start-ups and entrepreneurs is likely to increase by 17.3 percent in 2019 to USD 206.2 billion.

In the past few years, several businesses have adopted cloud computing in their operations. Today, most of the start-ups and entrepreneurs have moved their business operations to the cloud is dramatically increasing numbers.

One of its advantages is the simplified scalability that helps the industries to pay for cloud services when required, instead of deploying new data center equipment as per business growth. Not only this it also eliminates the need to anticipate future growth and avoids over-provisioning, as cloud infrastructure scales as per the requirement.

Another benefit is the financial part, where shifting workloads from the on-premises data center to the cloud, indicates turning a particular portion of your IT spending from Capital Expenditures (CapEx) to Operational Expenditures (OpEx). Here for SMBs who are cash-flow conscious have an advantage with the lower up-front investment for OpEx and the cost certainty of subscription pricing models.

5 Codes to Cloud Strategy for Entrepreneurs and Start-ups

Looking at the above advantages, does it mean that the cloud is right for all types of business? Perhaps it might or not be beneficial. However, it urges that a vast majority should begin developing a cloud strategy if they don’t have one already. Here are keys for SMBs to consider while deciding what to move on the cloud.

Know the happenings in the cloud

It is not always necessary that the business having an on-premises data center where most of its workloads are performed does not have cloud experience. Right from Gmail to Software as a Service solution, most industries use cloud-based services.

Consider your goals for a cloud transition

Over a period, each business should understand the outcome from a cloud transition. Is it seeking to lower total costs for data management and storage? arises in the mind-set of most SMBs. Depending on the circumstances, maintaining or acquiring the right kind of data center technology can offer advantages that merely simplify business management processes such as bookkeeping or human resources. Thus, it is worth considering cloud-based services that specialize in those areas.

Assess your workloads for cloud readiness

Many businesses are adopting a cloud-first mentality — striving to build new applications in the cloud while taking a slower approach with their existing workloads. The goal estimates each workload individually and resolves what applicant for cloud transition should stay on-premises.

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