The cloud has evolved in recent years from being just a buzz word to becoming a game-changer and equalizer. Small businesses (SMBs) to large corporations can become more scalable and agile than ever before, allowing them to cater to their customers’ ever-growing needs without having to spend a lot.
According to analyst group IDC, IT infrastructure spending growth will reach $38.2 billion for cloud environments this year. Private cloud spending gets 11% of that amount, a close second to public cloud’s 14%. Though enterprises are quick to recognize the cloud’s many capabilities, they still prefer to invest in their own data centers, or at the very least, in hybrid cloud strategies.
The reasoning behind this boiled down to security. As business processes are moving to the cloud, protection from data threats over the internet is more important than ever before. Further, some business processes are simply not ready for transitioning to the cloud for a variety of reasons, including compliance, data sovereignty, or legal limitations.
Security, though still a priority, is no longer the topmost concern of enterprises when transitioning to the cloud. Nowadays, the problem they face is the not having enough resources to successfully implement such a transition.
For public clouds, connection can be established via the data center cloud exchange model. But this can be an inconvenient setup because of the presence of an exchange data center through which an enterprise has to cross-connect. The added step makes the whole operation tedious. Thus, the easier option is for an enterprise to use their own WAN to establish their private cloud. Without the need for an exchange data center acting as a middle man, there are fewer assets to manage, and, therefore, bigger savings to look forward to.
At the same time, it makes access to infrastructure much faster, too. Based on the 2016 State of the Cloud Report by RightScale, 62% of survey respondents consider speed as the top advantage of the cloud.
When speed is of the essence, it’s best for enterprises to look for providers who can make the adjustments for them and bring the cloud to them, and not the other way around.