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Traditional business applications have always been complex and expensive. A lot of efforts were required to install, configure, test, run, secure, and update them. Try multiplying this effort with hundreds of applications! This is the reason why large enterprises are in a run to innovations in technology.
Cloud computing is helping in eliminating such a pain point in storing the data. In cloud computing users are allowed to access applications and software from wherever they are; the computer program residing in the cloud. This offers a feasibility over storage and power.
Now businesses are running all kinds of applications in the cloud. Cloud computing enables companies to stay ahead in the digital world. Despite the many benefits, there are potential risks in adopting cloud. Some of the challenges are as follows.
1. Security and privacy: How to address the security and privacy concerns of business when adopting cloud is a bigger kind of issue. Because the valuable enterprise data resides in an outside platform raises serious concerns. The scope of hacking or data breaching would affect multiple clients. These risks can be subsided with the use of security applications, encrypted file systems, and data loss software. The on-demand nature of these services makes the cost involved unpredictable.
2. Reliability and availability: Cloud providers lack full proof services. So it is important to have a nose for choosing the right cloud service provider and also to monitor the service being provided by them. A cloud vendor should adhere to security and privacy standards set by industries. It is vital to have plans to monitor usage, performance, and robustness.
3. Regular monitoring: Employing a real-time monitoring strategy ensures interruption-free data access for maximum productivity. This is important because a few minutes of downtime can cause huge revenue loss. A risk-based monitoring also prevents the possibility of data breaches.
It is important to give serious consideration to these challenges and their solutions before investing in cloud computing.