Cloud Migration can be defined as the process of moving applications and data from one cloud platform or vendor to another. Many enterprises move their applications and data to the cloud to avoid the need to build and maintain an on-premise infrastructure. Moving to the cloud meant easy data backup and recovery. It helped businesses reduce their capital investment and operating costs by availing computing resources over the internet based on pay-as-you-use pricing models. Cost is not the only factor driving this change. Still, there is also flexibility, scalability, accessibility, availability, and security factors involved, which makes it a viable business strategy with massive economic advantages.
Cloud computing can be used for almost all types of applications. Since your business information and resources are kept in the cloud the access to them even if the laptop, smartphone, or tablet malfunctions is guaranteed, and you are probably doing profitable business in a cloud environment already and don’t even realize it.
The advancement in cloud-based technology has made it possible to turn IT operations into an operational expense as compared to capital expense doing away the need for any hefty upfront investment and substitute it with predictable monthly fees, wherein companies are not paying for underutilized components and can scale up if needed enabling it to overtake competitors or break into new markets. With the OpEx model, which usually consists of ongoing costs in smaller sums, IT teams are generally permitted to spend it with limited or no authorization or supervision.