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The cloud burst onto the computing scene with the promise of transformation and tremendous value, yet businesses often struggle with an underperforming cloud reality. According to McKinsey and Co., 40 per cent of businesses have fallen short of their cloud ambitions, finding only limited value in their cloud programs.
Despite these shortcomings, nearly 40 per cent of the technology-leading companies surveyed by Statista, an international data firm, said they would increase their investments in cloud computing significantly this year.
To fully harness the power of the cloud, CIOs should explore all options to streamline adoption and maximise cloud value. Partnering with a managed cloud service provider (MCSP) like Experteq enables businesses to outsource cloud management, overcome adoption challenges, and gain valuable insights—thereby enhancing operational efficiency and supporting strategic growth.
Challenges in cloud management
Businesses that successfully leverage cloud technology have the potential to unlock $3 trillion in value, according to McKinsey & Co. Yet, many companies struggle to navigate the complexities of implementing cloud technology. Overcoming these specific obstacles is crucial for realising the full potential of cloud adoption and maximising its benefits.
According to Ernst & Young, businesses face a range of cloud adoption challenges, often centred around concerns like cyberattacks, soaring cloud costs, evolving regulations, data sovereignty, and loss of data control—all of which keep CIOs up at night.
However, managed cloud services offer CIOs greater visibility into cloud costs. They also can address issues such as data protection, including backup and disaster recovery (DR). A recent critical issue, as highlighted by incidents like the UniSuper outage with Google Cloud, underscores the magnitude of working with a MCSP to oversee these critical aspects.
The top 5 benefits of cloud managed services solutions
Gartner has asserted that the cloud will be a business necessity by 2028; in most ways it already is, but organisations need guidance on how best to manage their cloud infrastructure. A trusted MCSP can fast-track cloud adoption and unlock significant benefits, such as:
1. Efficiency and agility:
A Statista survey revealed that 48 per cent of respondents said that increased efficiency is the largest benefit of cloud computing. However, a cloud services partner can further boost effectiveness and agility by streamlining operations, offering expert management, and reducing downtime.
2. Cost savings:
“Cloud costs continue to be a top concern for CIOs,” says Dave McCarthy, analyst at the IDC. And their worries are not unfounded, but CIOs can leverage MCSPs to uncover cost savings by keeping IT headcount low and outsourcing their cloud management. Managed services can also give CIOs greater visibility into cloud costs, and that alone can lower bills.
3. Security and compliance:
MCSPs bolster security measures, such as firewalls, encryption, valuable expertise and more. They also safeguard sensitive data, ensuring it is protected from cyber threats.
4. Strategic focus:
MCSPs enable businesses to focus on core activities and strategic initiatives by taking the pressure off CIOs. They streamline operations by managing IT infrastructure and cloud services, allowing companies to concentrate on what truly matters.
5. Access to expertise:
A trusted MCSP can fill knowledge gaps, offering specialised guidance and the best cloud management approach tailored to business goals.
Selecting an appropriate partner
An effective MCSP can reveal powerful insights while facilitating efficient and secure cloud management. The IDC indicates that CIOs who partner with trusted third parties, like Experteq, can unlock valuable resources, such as talent, support and innovative cloud best practices.
Selecting the right partner can revolutionise your cloud strategy and ensure a successful cloud adoption. An effective MCSP can unlock powerful insights and collaborates with companies to ensure cloud business requirements and goals are met while staying within budget constraints. With the right alliance, businesses can confidently strengthen their cloud strategy and secure future growth. Elevate your business operations with Experteq’s unparalleled cloud expertise – visit us today.
