6 Common Misconceptions About The Cloud That Are Holding You Back

Over the previous ten years, the cloud computing industry has grown enormously. The demand for more speed and agility keeps driving businesses toward cloud transformation. Even though cloud computing and cloud migration are now widespread, myths still surround them.

These myths have the potential to harm businesses, stifle innovation, and incite fear. According to the most recent poll by Bain & Company, as more financial services companies move activities to the cloud, those companies frequently base their decisions on these myths that diminish the value of the cloud rather than on facts.

This is a must-read article for decision-makers who are having trouble maintaining their expensive physical IT infrastructure but are unsure about switching to cloud environments.

At Growth Jockey, we work with our customers to provide technology solutions for all types of operational difficulties.

To benefit from cloud computing, a logical migration path is required. In this post, we'll clear up six of the common misunderstandings about the cloud journey that are out there and explain why adopting the cloud could be a crucial choice for your company.

1. Data Protection is Compromised, and Cloud is Not Secure

Many business owners have a serious misunderstanding about this, and they cite it as one of the main reasons they are hesitant to migrate to the cloud. Executives worry that storing unencrypted data on a cloud provider's infrastructure will increase the danger of a data breach and will compromise their data protection.

The truth is security in the cloud is always evolving. Cloud companies typically have more severe and sophisticated data encryption, functionality, and security protocols than their clients.

Some of the best security experts now on the market are employed by a decent cloud provider, and they are committed to advancing monitoring and sophisticated threat defense on a 24/7/365 basis. In fact, according to Gartner, customers, not security providers, will be at fault for 99 percent of cloud security failures through 2025.

With Growth Jockey, you can rely on your data being protected during your cloud journey. Your data will be safer in the hands of our team of professionals and experts with extensive IT skills than in those of your administrators.

2. The Company Will Solely Depend on One Cloud Provider

Even though multi-cloud is receiving more attention today, many businesses still want simplicity. A cloud strategy must be built on the understanding that cloud computing is not simply one thing. Cloud services are extensive and cover a range of levels, models, applications, and scopes. Less flexibility could occur from becoming reliant on a single provider.

The company needs to understand that getting everything from a single cloud provider would be difficult. A single cloud strategy only makes sense if it employs a decision framework that welcomes and anticipates a variety of responses.

76% of businesses employ a multi-cloud operating model, which includes at least one shared and one private cloud. Many multi-cloud users were large firms, with only 60% of small businesses and 76% of mid-sized businesses having multi-cloud infrastructure.

Vendor lock-in does not force a company to use just one provider, even if cloud transformation may entail choosing a preferred partner. 90% of large businesses have a multi-cloud infrastructure in place.

3. Cloud Computing is Expensive

One of the most heavily debated topics right now in enterprise IT is cloud economics. The truth is complicated because the cost is significantly influenced by a company's starting point and its capacity to regulate and optimize cloud utilization once there.

You can save money by converting to the cloud. The shared resource model and autoscaling of the cloud have proven to be cost-effective for many businesses switching to it.

There is no requirement for upfront capital expenditure while using the cloud because you don't have to purchase or install any large equipment (capex). The costs of safety, power, cooling, upkeep and hardware upgrades are also included. Almost all businesses that employ cloud services save money, according to the International Data Corporation.

4. Cloud Migration is Too Complex and Takes a Lot of Time

Most IT administrators who voice this opinion claim that the cloud makes data storage, user access, and other applications more complex.

Although cloud technologies could seem extremely complicated, with endless configuration options for your online presence, that's a positive thing. It implies that you have a wide range of options for developing a customized solution that is specific to your business.

On-premises infrastructure will decline by 13% over the next three years, according to the Bain survey, but on-premises deployment will continue.

Hybrid architectures will be a problem for businesses. The secret is knowing how to use the various technical parts at your disposal or having the trustworthy counsel of someone who does, such as Growth Jockey. You can set up workloads to be easily shifted to and among public and private clouds by implementing microservices and utilizing Growth Jockey's innovative multi-cloud design method.

5. Cloud is Not Suitable for Every Business

Many business owners believe that their company is not a good fit for the cloud or that it solely applies to consumers. However, as the market continues to develop, more organizations have already begun implementing it.

Any size business can migrate to the cloud and will likely do so to take advantage of its many advantages and conveniences. These days, many small and medium-sized businesses sign up with well-known cloud service providers because, quite simply, it financially makes sense for them to do so.

The market for cloud-based business applications is still expanding as more companies recognize the ROI and value proposition the cloud offers them. The market for cloud applications is anticipated to be worth $168.6 billion by 2025.

6. Anyone can Access the Data you Upload on the Cloud

Many people naturally associate the term "cloud" with well-known public services like those offered by Google, Microsoft, and Amazon. The enterprise cloud storage industry is completely dominated by Amazon S3, a member of the Amazon Web Services family. Pure, which holds barely 11% of the market, is its main rival.

Although cloud architecture can be used in the public sphere, it can also be hosted by a provider or at a nearby business. These three types of services—public, private, and legacy—are frequently combined.

One of the major barriers to implementing a cloud infrastructure is the unavoidable fear of infiltration and data spying. Such assertions and worries, however, are unnecessary.

You have complete control over who can access your setup when your data is saved in the cloud. You oversee deciding who has access and what level of permission they have.

Your instances are not accessible to technicians serving as administrators, and even while they are troubleshooting, their access is highly constrained. You can feel secure in the knowledge that you are the only master in your cloud environments.

To Sum Up

Many of the misunderstandings that exist today regarding cloud computing are fueled by tales of adoptions gone bad or anxieties about big change.

However, we at Growth Jockey, make use of cloud technology, and we can assure you that the cloud will now be a part of your life. There is no way to avoid it, so don't be afraid of it! You can take advantage of the time, money, and resources you will save by using cloud computing.

These misconceptions must be dispelled for organizations to fully realize the benefits of cloud computing for their operations, economies, and businesses. Understanding and avoiding the myths and misunderstandings mentioned above will increase the likelihood of fully realizing the benefits of cloud computing.

The best approach to steering clear of these and other misunderstandings is to spend your time creating a solid cloud-savvy strategy and cloud migration plan that you can confidently follow. There are benefits to a strategic cloud presence that go beyond conception, including increased agility, a quicker time to market, more customer satisfaction, and a burst of cutting-edge new capabilities.

At Growth Jockey, our advisors and team of experts who are knowledgeable about cloud technologies and their advantages can educate you on the advantages and disadvantages of any strategy. We'll work with you to create a strategy devoid of false assumptions about cloud computing.

At Growth Jockey, we are fully committed to providing tailored solutions that effectively tackle the crucial challenges in cloud and cyber security faced by our clients across diverse industries. Regardless of the size of your company, whether it's a small-scale enterprise or a large corporation, you can now leverage the advantages of advanced technologies in cloud and cyber security.

Take the decisive step towards unlocking the next level of growth and protecting your brand by contacting us today!