Cloud Computing Mistakes That Will Cost You $1m Over The Next 10 Years
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Transcript of Cloud Computing Mistakes That Will Cost You $1m Over The Next 10 Years
Cloud Computing Mistakes
That Will Cost You $1m Over
The Next 10 Years
1 | P a g e C l o u d C o m p u t i n g M i s t a k e s T h a t W i l l C o s t Y o u $ 1 m O v e r T h e N e x t 1 0 Y e a r s
Cloud Computing Mistakes That Will Cost You $1m Over The Next 10 Years
Cloud computing is an industry which has grown by a huge margin over the last
couple of years, and in 2014, it was estimated to be a $75 billion industry. This
means that the numbers are growing because more and more individuals and
organizations are joining the cloud band wagon. Company executives have
come to the realization that cloud computing cannot be ignored, which perhaps
explains the growing numbers. Furthermore, efforts to demystify cloud
computing have had great success over time, and it is thus much easier to
convince an organization to adopt cloud than it was 5 years ago.
It is true that cloud computing is a lucrative venture. However, you need to be
very cautious because not everyone is benefiting from cloud computing as much
as they earlier anticipated. As a matter of fact, there are companies which have
incurred losses as a result of approaching cloud computing the wrong way. Like
any other business investment, there are gains and risks, and you have to weigh
your options and strike a balance before you make a decision. You may either
decide not to invest because you fear the probable risks that come with the
2 | P a g e C l o u d C o m p u t i n g M i s t a k e s T h a t W i l l C o s t Y o u $ 1 m O v e r T h e N e x t 1 0 Y e a r s
investment, or you may also decide to invest but come up with strategies to
reduce the risks and ensure that you gain maximum returns from your
investment. The second option is more lucrative. Every investment comes with
its own risks- you just have to figure out a way of dealing with the risks. Shying
away from investments because of risks, means you may never make any
substantial progress. Cloud computing is the same; if you want to reduce risks
and any losses that may come with investing in the technology, you have to lay
out proper strategies. Cloud computing is a lucrative venture, but planning well
and laying a strong foundation will yield benefit from the technology in the
coming years.
Common Costly Cloud Computing Mistakes
Not Knowing your Specific Needs
Before you enroll cloud computing in the organization, the first step should be to
assemble a team of experts who will help you to determine the perfect cloud for
your organization. Every organization has its own specific needs, which might
be totally different from other organizations. For example some organizations
might succeed with a public cloud others based on type of business a Hybrid
cloud would be most suitable. If you have not identified your needs first, you
may rush and get a cloud service that may do you more harm than good. Take a
scenario where you share out confidential company information on a public
cloud, and an employee carelessly shares their login details with an outsider.
The organization’s cloud will be compromised, and such information may end up
with the wrong hands. However, if the organization was using a hybrid cloud, the
confidential info would be on the private cloud, which in most companies is
normally restricted to top company management. The confidential info will
therefore be intact, and damage control on the compromised public cloud will be
carried out without too much worry.
Jumping into Cloud Computing too Fast
This may well be a continuation of the first mistake, because they are almost
related. When you rush into cloud computing, you are getting into an unknown
zone, and this could present a lot of trouble. Part of this includes jumping onto
cloud service providers without first understanding:
3 | P a g e C l o u d C o m p u t i n g M i s t a k e s T h a t W i l l C o s t Y o u $ 1 m O v e r T h e N e x t 1 0 Y e a r s
The cloud providers rules and regulations
The limitations of their cloud computing services
Their system capacity
The number and variety of applications available on their cloud.
Failure to Lay Fundamental Structures Needed to Run the Cloud
Even if you enrolling a public cloud into the organization, you will still need a
team of technicians who will monitor how the cloud is working, on behalf of the
organization. Thus, anytime there are issues such as downtime, slow response
or attempted security threats, they will be the first people to notify the cloud
service providers.
Cloud computing is internet-based, which means that you will need a stable and
reliable internet connection at all times. Thus if your current internet has
connectivity and speed issues, you will need to work on it first, before you even
enroll cloud computing into the organization. A fully private cloud will require
investment in a data facility centre, personnel and also the hardware
requirements needed to operate the facility.
Failing to Prepare Your Employees
You will need to prepare your employees before you enroll cloud computing in
the company. This will ensure that there is less resistance towards the
technology. Part of preparing the employees also involves training them on how
to use the technology in their daily operations. When the employees are
adequately prepared, they are more comfortable with the technology right from
the onset and this prevents delays in service delivery.
Unpreparedness for the Ever Changing Cloud Computing Environment
The cloud computing environment is dynamic, and it changes from time-to-time.
You need to be prepared to embrace new system upgrades, and encourage
your employees to use the latest applications provided on the cloud service.
New system upgrades introduce efficiency into the organization, which
translates to better service delivery. Thus, if you are rigid to change, you may
never fully benefit from what cloud computing has to offer, and your net loss
over the next 10 years may easily cost you over $1 million.
4 | P a g e C l o u d C o m p u t i n g M i s t a k e s T h a t W i l l C o s t Y o u $ 1 m O v e r T h e N e x t 1 0 Y e a r s
Being Unprepared for System Failure Eventualities
If you are using cloud computing, whether you are using a private cloud or you
are subscribed to a public cloud, it is always important to have disaster recovery
strategies. Such strategies will help you in case of data loss, security breaches
and system failure. In case any of these things happens, you will be able to
recover swiftly and move on without incurring huge losses or wasting a lot of
time.
If you want your organization to excel through cloud computing, you should
avoid the mistakes mentioned above at all costs.
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