We are on the verge of the 21st century and proud of our ninjas who have done their best to help businesses to grow and meet their customers' demands at a far greater speed and reduced cost than ever before. Cloud is one such recent development by IT cadre of professionals that fosters organizations seeking to garner improved returns on their investment, make smarter decisions, and build swathe of offerings that gratify their end-users' demands. There is a lot of pressure on IT professionals to perform in today’s competitive environment. They need a technology that enables them to reduce costs and pace up their speed of innovation. Indeed, the transition to the cloud is enabling a trend from capital expenses to operating expenses.

In an attempt to help clients harness the potential of the cloud to move their business needle forward – a number of providers have included cloud hosting in their standing list of offerings. There is no doubt that cloud offers some obvious benefits, like: instead of buying, downloading, or maintaining software, you can simply access software applications on the internet. This can bring about significant cost savings, cutoff tedious and intricate software updates. However, at the same time, cloud carries some risks that can ruin your dream for success.

Companies are quite content that sharing software applications with other companies do not expose their mission-critical data to vulnerabilities. However, they forget to understand that their own employees can be responsible for some unwelcomed events. This could be a case if you have not given your employees proper training.

This blog attempts to elucidate most common concerns of companies followed by their remedies:

Information security & Compliance Concern
A large count of clients are still hesitant to gear up for a cloud, irrespective of the fact that some of them really want to owe to the intricacy in imposing different corporate policies as well as burdensome regulatory and compliance requirements. However, this issue can simply be addressed by adopting the private cloud model, which is considered as the most secure wing of the cloud technology. With private cloud, you have your own dedicated resources that are exclusively aligned to your business critical data and applications. No wonder, you can also integrate your pre-existing regulatory and compliance strategies to the private cloud.

But, in order to ensure that everything falls-in as per your expectations – you should have a squad of IT experts that is well-informed with the protocols and policies to manage your ecosystem.

Technology Concern
No matter, if you are planning to use public cloud, private cloud, or hybrid cloud computing model, it is important for you to keep your IT teams stay abreast with the evolving technologies and innovation. This, in turn, implies that you need to update your legacy applications and outdated IT ecosystem to keep up with the advancements in cloud technology. Every business has a unique structure, so is true regarding their preferences and style of utilizing technology. Likewise, companies across different domains use different cloud-enabled services to accommodate their IT demands, which means a lot of innovation to the way that needs to be tracked so that best-suited solutions can be determined and others can be neglected.

Operational Concern
There is no denying the fact that integrating cloud with existing operations is a bit complicated undertaking. Let’s say that you have chosen private cloud, then it would be seamlessly expensive to make all necessary changes and upgrades that each application demands, which will lead you nowhere, but forcing you to settle for a lesser value.

Going forward, an organization that uses shared cloud services doesn’t have complete control over their applications, which restricts customizations as per business requirements. The best way out is to club both operations and development teams to avoid any kind of disruption in business functionality and gain best returns on investment.

Service Provider Concern

Now comes the risk associated with the provider that you have decided to collaborate with. Moving your complete IT setup or a part of the process to cloud means that your growth is directly proportional to benefactor’s competency and reliability. To put it simply, if your vendor is not reliable, it may have an adverse effect on your business’ bottom-line. The risks may include bankruptcy, defamation, and even, regulatory investigations.

Thus, it is important for you to make sure that the provider has the right set of technologies and strategies in place that is compliant with your business regulatory requirements.