Cloud Computing

Preparing your budget for cloud migration?


Using cloud computing has become more and more common as many companies start to rely on technology. The pandemic sent the world into lockdown, making businesses adopt a more technology-based approach to operations. People started to work from home and it became increasingly clear that the cloud is a necessity for businesses to continue moving forward in the modern landscape. By 2025, it is expected that 85% of all enterprises will be relying primarily on cloud services.

To optimize cloud services, companies must first need to migrate to the cloud. There are several ways to move to the cloud successfully, including an in-depth assessment of your network flow, databases, code, server infrastructure, storage, and application ecosystem, to name a few. Cloud migration seems to be the next step for many, but this can become a costly venture. Companies need to gauge the expenses to see if their organization is ready before taking the leap. Here are some of the things you can do to keep a budget during your cloud migration transition:

Have a feasible timeline:

Part of why some people go way over budget is because they want to implement the new structure too fast and too soon. It can be a long process and one that should be done with quality in mind. When starting your company’s cloud migration, always create a timeline that you and the vendor you choose can follow. Your timeline should be based on your collective experience, skill, and comfort level. Make sure that the timeline is not too pressuring on your service provider while also not sacrificing precious time for your company. This will ensure that time is maximized and that both parties are working within the timeframe to achieve your goal.

Choose the right vendor:

Together with that point, it is also important to choose a vendor who will be able to deliver your needs. The main benefits of cloud storage are centralized collaboration and access to project histories. When done correctly, this can help people work efficiently and keep their data secure. While several companies may offer other services that suit your needs, not each one has the same goals as you. The right vendor has to regard cloud services as an asset to your business and not just a product that they offer. Make sure to see eye-to-eye on important factors like timelines, vision, and budget. This will help ensure that you are not wasting money when starting your cloud migration journey.

Prepare for unexpected costs:

There are times when some hidden or unexpected costs may appear no matter how much attention and planning you put into every single detail. This can happen with many things and switching to cloud services is no exception. These costs can stem from many things like over-provisioning, lack of skilled team members, and switching vendors. Many times, budgeting does not account for these unexpected expenses and brings companies more costs. When switching over to the cloud, make sure to allow a buffer on top of your original estimates just in case you run into these hidden costs.

Current trends show that many companies will be migrating to the cloud to keep up with the demands of modern technology. With company and workforce operations shifting and adapting, moving to the cloud will help things run more smoothly. Use these tips to make the transition as seamless and convenient as possible for your company.


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