In 2015, 30% of all corporate data was stored in the Cloud. In just seven years, that number has doubled to 60%. Lots of organizations have already moved to the Cloud and 72% of those who haven’t yet are actively pursuing a cloud migration project.
For good reason too. In many cases, migrating to the Cloud during your software renewal window is seamless and doesn’t require planning and accounting for excessive downtime. Once there, organizations enjoy greater speed, security and scalability over their data and operations. This is especially important when you consider:
- Unplanned downtime costs an average of $9,000 (USD) per minute.
- One hour of downtime costs approximately $300,000 (USD) in lost revenue.
- Failing to secure data can result in fines of up to $100,000 (USD) per month of noncompliance.
Moving to the Cloud lets you access and act on data instead of worrying about its security. It gives you 99.9% network uptime, so you can better serve customers rather than develop a communication strategy in response to a bout of unplanned downtime. It lets you reinvest in your business instead of paying hefty fines and trying to rehabilitate your image in case of data loss.
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Enhance Your Business in the Cloud
Whatever industry you’re in – retail, healthcare or transportation and logistics (T&L) – there are day to day business challenges you must meet and the Cloud can help you do just that:
- Adaptability: More devices. More data. More people. As the demands of your business grow and change, cloud technology adapts right along with it without the need to budget for – and worry about – expensive server updates.
- Compliance: Protecting data and mobile security are critical components of your business. Secure access to the Cloud ensures you meet the ever-evolving compliance standards of your industry and avoid punishing fines or potentially irreparable brand damage.
- Competitiveness: You’re in it to win it and companies with a digital transformation strategy are 64% more likely to hit their business goals than those without. The Cloud can help you take advantage of leading-edge technology to meet organizational objectives and better serve the people who matter most: your customers.
- Operations: With the Cloud, all critical data, systems and processes are automatically backed up. Should disaster strike, anything lost can be restored quickly and accurately with minimal interruption to your operations.
- Finance: As mentioned above, moving to the Cloud can help you achieve your digital transformation, which according to 56% of CEOs, also helps improve profits. Cloud technology reduces operating costs and uncovers new revenue opportunities for your business.
Why Make the Shift to the Cloud?
Put Security First
According to 49% of CEOs, security is their top concern. Meanwhile, the average cost of a data breach is $4.24 million (USD). Finally, 70% of consumers would avoid businesses following a security breach and 60% of small businesses close within six months following a security attack.
Security can make or break a business and workloads which utilize the Cloud can experience 60% fewer incidents compared to on-premise data centers. When security is prioritized and taken care of, organizations can focus their efforts and resources on empowering their workers and better serving customers.
Increase Your Scalability while Reducing Risk
The Cloud makes it easy for companies to grow, whether it’s adding new devices, new workflows or new people to existing infrastructure.
Compare that to on-premise servers which tend to lose their ability to adapt – or handle – growing workloads after four years, which then leads to the following trickle down effects:
- Budget limitations: Servers can range from $5,000 to over $20,000 (USD). Using the high-end estimate, that’s $40,000 spent per decade just on buying new servers. Organizations then must account for additional costs such as migrating from one server to another.
- Operational disruptions: Migrating can be a complicated process. Depending on the amount of data being migrated, the stability or condition of the original server, and other factors, it can take days or weeks to fully migrate. Downtime may need to be planned, which needs to be communicated to customers, which can result in lost revenue.
- Troubleshooting mitigation: If something should go awry during migration, it can result in extended downtime above any beyond anything that was planned. Furthermore, should data become lost or breached (an example of which is when 277,000 healthcare records were exposed during a server migration) it can cause long-lasting and reputational harm. And then you need to account to have someone come onsite and fix the problem, which only adds to the losses.
Get More Reliability
Servers begin to lose their ability to handle growing workloads after four years. Age, combined with factors such as hardware failure, data corruption and power outages usually result in downtime.
There are 8,760 hours in a year, and a server that’s seven years old experiences 6.7 hours of downtime per year, while a server that’s two years old has only 2.5 hours of downtime.
On the other hand, cloud service providers offer 99.9% uptime, which equals 8,759.12 uptime hours out of 8,760. Cloud reliability means that there’s virtually no downtime while cloud resiliency means that many issues are solved before they negatively impact your company’s operations. And if disaster strikes, the Cloud can “bounce back” and restore its infrastructure with minimal interruption.
Manage Multiple Devices in the Cloud with Ease
It’s expected that by 2025, 69% of enterprises will manage device fleets of 1,000+ devices. As such, businesses need systems capable of handling that type of growth without compromising security, reliability, cost and, of course, uptime.
That’s where SOTI MobiControl Cloud comes in. It’s equipped to grow right alongside your mobile device fleet in a variety of ways:
- Better security: Data security is always a concern, especially as more devices and deployment types join the fleet. For example, while it may be convenient for employees to use Bring Your Own Devices (BYOD) for work, 80% of BYOD devices are unmanaged, meaning they are ripe for data breaches and theft. SOTI MobiControl Cloud protects devices and data from complex threats which employees may not even be aware of.
- Better reliability: When an on-premise server goes down, the information stored on it is inaccessible and, in a worst-case scenario, it’s lost forever. Just imagine what would happen to your retail business if you lost customer payment info or to a healthcare organization that lost patient records. Big fines, big problems and big headaches. SOTI MobiControl Cloud ensures small issues are solved before they become big problems and is built with safeguards to restore your instance should disaster strike.
- Better budgeting: You need to pay for an on-premise server, pay to run it, pay someone to maintain it, pay to upgrade it and pay to replace it. And that’s just when things are going as they should. When there’s downtime or an issue, it can cost your business up to $9,000 per minute. Because SOTI MobiControl Cloud eliminates the need for an on-premise server, it also eliminates the costs associated with them.
Ready to Renew? Get More with SOTI MobiControl Cloud
With SOTI MobiControl Cloud, you only pay for the devices you need. In other words, you don’t need to purchase an on-premise server capable of supporting 1,000 devices if you only have 600 in your fleet. Switching to SOTI MobiControl Cloud as part of your renewal can be done easily and helps reduce overall infrastructure costs and allows you to invest money back in other areas of the business.
More money? More uptime? More scalability? More security? More reliability? It makes perfect sense to manage your fleet of business-critical mobile devices with SOTI MobiControl Cloud.
Want to learn more? Here’s how: