Skip to main content
ROI of Cloud Computing Investments

6 Way to Maximize the Return on Your Cloud Investment

July 13, 2023

Cloud computing can offer many benefits to businesses, including easy flexibility and scalability infrastructure, lower operational costs, support for remote workers, improved security, easier technology management and greater organizational flexibility.

Given the necessary changes that have taken place in recent years to support remote workforces, many organizations are choosing to rehost, and refactor their business systems rather than take full advantage of the cloud. This allowed them to meet their most pressing business needs while fully understanding the benefits of migrating to the cloud (See also: Building a Cloud Migration Strategy). Here are 6 ways organizations can realize the full potential of cloud computing:

Infrastructure Optimization

Assess the existing IT infrastructure and identify components that can be moved to the cloud. Leverage cloud services for storage, servers, and databases to reduce management and maintenance of on-premises hardware. Migrating infrastructure to cloud can improve flexibility, scalability and reduce the complexity of your infrastructure.

Data Management and Analytics

To securely store and access large amounts of data, consider moving to cloud-based storage and management solutions. Cloud-based analytics tools can help organizations manage and analyze massive amounts of data which may not be possible with legacy systems. Implementing cloud-based Big Data infrastructure can help organizations expand their use of data-driven decision-making to achieve greater organizational agility and be more competitive.

Refactoring and Rearchitecting

Enterprise systems may need to be redesigned and replaced with cloud-native solutions to take the full benefits of cloud computing. If available resources do not allow a complete replacement of legacy systems with alternative cloud solutions, you should consider transformation of the legacy systems. In the process, parts of the legacy system are updated to increase compatibility with cloud technologies. Refactoring and rearchitecting can allow organizations to benefit from most, if not all, of the benefits of cloud computing.

Infrastructure-as-a-Service & Platform-as-a-Service

Leverage cloud platforms and services to develop and deploy applications faster and more efficiently. Explore the use of containers and serverless computing for scalable and cost-effective application deployment. Infrastructure-as-a-Service (IaaS) and Platform-as-a-Service (PaaS) offerings can include pre-configured development environments that streamline the application lifecycle and simplify infrastructure management and scaling.

Security and Compliance

Implement robust security measures to protect your data and applications in the cloud. Use security features and protocols from cloud service providers, such as encryption, access controls, and identity management. By adopting the security tools and solutions from leading cloud providers, you can leverage the latest security best practices while complying with industry standards.

Business Continuity and Disaster Recovery

Leverage cloud computing for robust business continuity and disaster recovery strategies. Utilize cloud-based backup and replication services to ensure data redundancy and minimize downtime in case of disruptions. Disaster recovery systems should be tested regularly, and disaster recovery plans should be updated to ensure they incorporate any cloud technologies that are deployed.

Tags:  AWS, Azure, Digital Transformation