Migrating to the Cloud requires a clear migration strategy and effective forecasting to ensure a smooth transition and cost optimisation. Below, we detail the significance of these steps to ensure your business achieves its objectives.
Defining a balanced Cloud strategy can significantly enhance business performance for several reasons:
Forecasting plays a vital role in gaining control over Cloud costs and empowering businesses to drive cost efficiency and plan resource usage appropriately. By accurately projecting future Cloud usage and expenses based on historical data and growth trends, businesses can:
This enables them to align Cloud spending with business growth projections and make strategic decisions to maximise the value of their Cloud investments.
Forecasting approaches are very dependent on a company's timelines and available resources. Below, we outline the three fundamental Cloud forecasting approaches to consider:
Ideally, all three forecasting approaches should be used simultaneously for short-, medium, and long-term business needs and planning. If only one approach can be prioritised at a time, consider your timelines and resources and whether you need to optimise your Cloud environment immediately or if there is time to take a more holistic forecasting approach for long and short-term considerations and goals.
Read BSO's Cloud guide to help you make the best IT decisions for your organisation.
While the benefits of the Cloud are well known, choosing a Cloud solution provider and moving to the Cloud are complex processes that require careful planning and thought. With the right partner, your Cloud infrastructure can deliver a valuable return on investment, but with the wrong partner, you could be putting your entire IT function - and the associated costs - at risk.
Please learn more about BSO and how our flexible Cloud offering can meet your Cloud needs, or contact our expert team for more information.