How to Benefit from Cloud Migration

In today’s digital age, Cloud Migration is a must. Businesses of all sizes are generating massive amounts of data. However, managing and storing data can be a significant challenge for many businesses. Small to medium-sized businesses (SMBs) may not have the necessary resources to manage their data efficiently. Migrating your data to a cloud-based solution, such as ManagePath, has many benefits.

Cloud Migration refers to the process of moving digital assets to a cloud computing environment. Cloud Migration can involve moving all or a portion of a company’s technology infrastructure.

The amount of data generated and stored is only set to increase in the coming years. Many companies with complex digital ecosystems are faced with a complex challenge that involves a lot of custom software development. This is where cloud-based integrated solutions come in.

Reaping the Benefits of Cloud Migration

The goal of Cloud Migration is typically to achieve benefits such as increased scalability, flexibility, and cost-effectiveness. Additionally, you can experience improved security and reliability of the company’s digital assets, such as:

• Data
• Applications
• IT Resources

Cloud Migration strategy involves planning, preparing, executing, and testing the migration. When using an integrated solution, it should provide ongoing management and optimization of the cloud infrastructure after the migration is complete. Your technology infrastructure consists of:

• Servers
• Databases
• Applications

If your current digital ecosystem consists of several standalone products, you might find that your data is siloed. Fischer Solutions’ proprietary software brings that type of data together to analyze and take action.

10 Benefits of Cloud-Based Data Migration

When you are starting your migration planning, the software you use as a data center matters. Object storage and private cloud storage are part of the cloud service options you should consider. Here are 10 benefits of executing a move to a cloud platform.

Scalability

With cloud-based solutions, businesses can quickly scale their infrastructure to meet the demands of their data storage and processing needs. This is particularly important for SMBs that are constantly evolving and need to be able to respond to changing market demands.

When upgrades are available, the cloud solution provider implements them without any involvement required by the client’s IT team. At Fischer Solutions, we use Amazon Web Services (AWS) EC2 to bring this scalability and consistent upgrade management to our users. 

Cost-Effective

Cloud-based solutions can be more cost-effective than traditional on-premises solutions. With cloud solutions, businesses can reduce their upfront costs for infrastructure and hardware, as well as ongoing maintenance and support costs. By using an integrated cloud SaaS solution like ManagePath and Visual Manager, clients can completely avoid upfront infrastructure charges. 

Improved Security

Cloud-based solutions offer enhanced security features, such as

• encryption
• data backup
• disaster recovery

This can help businesses protect their valuable data from cyber threats, such as ransomware and other malicious attacks.

Our cloud solution includes end-to-end encryption. This includes:

• encryption at rest for data and documents
• with real-time active intrusion monitoring,
• high availability configuration for maximized uptime
• multi-prong disaster recovery solution.

Implementing these solutions in an on-premise ecosystem would be an extremely costly and labor-intensive undertaking. Especially one with many different software providers.

Increased Collaboration

Cloud-based solutions enable teams to collaborate in real time, no matter where they are located. This can help businesses increase productivity and streamline their workflows. Security around data access can still be maintained with a distributed, hybrid workforce.

ManagePath and Visual Manager access these management tools through their web browser through SSO integrations like

• SAML
• Active Directory
• Microsoft Azure
• and others

Accessibility

Cloud-based solutions provide businesses with 24/7 access to their data. This can be critical for businesses that operate across different time zones or have remote workers. Web-based SaaS solutions maximize employees’ ability to use the software wherever they are located, including through phones. 

Flexibility

Cloud-based solutions allow businesses to choose the level of service that suits their needs. From basic storage to more advanced analytics and processing capabilities. ManagePath is a powerful solution that can meet the needs of any company to manage its corporate real estate processes.

Its power can be further extended by adding Visual Manager, a business intelligence, analytics, and data management tool. Visual Manager can easily consume, warehouse, and combine data from numerous other platforms. Clients using multiple independent solutions and ETLs can simplify and speed up their process by migrating their data into Visual Manager. This is cost-effective and straightforward.

Faster deployment:

Cloud-based solutions can be deployed quickly, with minimal downtime or disruption to business operations. This helps businesses get up and running faster by allowing them to focus on growing their business.

As a SaaS provider, our software platforms are focused on configurability. This minimizes the need for custom development during an implementation and leads to surprisingly fast go-live timelines. Our in-house, on-shore development team is also very adept at quickly delivering custom solutions when required during an implementation. This includes:

• API-driven integrations with other platforms
• AP/AR/GL feeds
• Custom reports

Better performance

Cloud-based solutions can offer better performance than traditional on-premises solutions, with faster processing times and higher levels of reliability. Multi-tenant SaaS solutions have an enormous amount of computing power behind them to support a large number of users. This provides an overall performance benefit to individual clients. 

Better Disaster Recovery

Cloud-based solutions offer automatic data backups and disaster recovery capabilities. This can help businesses recover from data loss quickly and easily. At Fischer, we have a multi-pronged disaster recovery solution that involves:

• incremental snapshot backups that occur multiple times per day
• full daily backups through both EBS drive snapshots and SQL/BAK data dumps to S3
• periodic off-cloud backups to provide an extra level of insurance

Competitive Advantage

Cloud-based solutions can provide businesses with a competitive advantage. They can access and analyze data more quickly and efficiently than their competitors.

SaaS solutions allow companies to take advantage of continual improvements to the software that are automatically deployed to production. ManagePath and Visual Manager can rapidly manage and co-mingle previously siloed data. The competitive advantage both from a cost perspective and from the ability to make better data-driven decisions is tremendous. 

Conclusion

In conclusion, migrating data to a cloud-based integrated solution platform can provide businesses with a range of benefits. With these benefits in mind, it’s clear why more and more businesses are making the switch to cloud-based solutions. At Fischer Solutions, we have numerous success stories from clients who have migrated to our cloud-based SaaS solutions. Request a demo TODAY to see how our solutions have transformative impacts on your corporate real estate department.