Over 45% of IT spending on system infrastructure, infrastructure software, application software, and business process outsourcing will be shifted to cloud solutions by 2024, according to Gartner.
Companies are changing how they operate because of cloud computing.
To reinvent their business models, enterprises are leveraging big data, automation, and serverless computing.
As a result of this new model, business agility is enhanced as well as the following benefits:
Cost reductions
Time-to-market accelerated
Market expansion
Serverless is not a place, but a strategy that drives innovation and competitiveness for companies adopting serverless-based business models.
The Goal of Cloud Adoption Strategies
As a business model, serverless requires a unique approach, which may differ from other technology implementations.
To determine the best strategy, several factors must be considered.
In order to be effective, a strategy must maximize the potential value of the service while minimizing its costs.
Ultimately, a successful adoption strategy aligns technology with business objectives, making them part of the same endeavor.
The following key adoption strategies will help you achieve the best results:
The first step is to define the business outcomes
If you don’t understand why you are adopting the service and what value it is providing to your business, you are just shifting your technology stack.
To drive strategic initiatives, companies need to understand how they plan to integrate this model.
Here are a few common business objectives:
Savings
Developing new technical capabilities
Market-driven scaling
Complex IT portfolio integration
Self-service and/or democratization
Internal operations optimization
Business agility is increased
Plan the entire journey and implement it in stages
Serverless computing is not a one-time deal where everything is moved at once. Integration can take years.
A roadmap should outline the current state of IT as well as the desired future state once business objectives are determined.
A desired future state should include the following:
When and what data needs to be migrated
When should applications be shifted
When and what business processes will be shifted
The third step is to address potential risks
Leaders must assess the risks associated with migrating to a serverless model and plan for them. Common risks include:
Regulatory compliance – In cloud computing, data is entrusted to a third party and shared with other organizations. Leaders must determine whether stringent security protocols are required.
In cloud computing, all maintenance tasks are handled by the vendor. Companies should review the vendor’s Service Level Agreements (SLAs) to ensure their timelines provide the availability and reliability they need.
Leaders will need to determine the appropriate interdependencies and ensure that the necessary data is available before integrating data.
Decide on a deployment model
How the cloud is deployed is defined by the deployment model.
Public, private, and hybrid models are the three main types.
The public
An IT model in which computing and infrastructure are managed by a third party is known as a public serverless environment.
Multiple companies can access these resources on a pay-as-you-go basis.
The model has near-unlimited scalability and high reliability, and it requires no maintenance.
Confidential
Private serverless environments are managed and owned by the company internally.
One business exclusively uses them. They can be on-premises or hosted by a third party.
Using this approach, your organization can customize the environment to suit its needs.
As a result, more control is available over the environment, enabling higher levels of security and privacy.
A hybrid system
Hybrid deployments combine private and public services.
These companies combine certain features of the public cloud with those of their private cloud.
It may be possible for a company to run its data and applications on a private network, but to outsource its communication services.
With this approach, companies can control data security and privacy with private networks while utilizing some aspects of public serverless environments.
The Right Service Should Be Selected
Defining a strategy requires determining the best type of cloud service.
There are a number of factors to consider when choosing a service, including:
Cloud computing
A service provider hosts the infrastructure typically found in on-premise data centers with Infrastructure as a Service (IaaS).
Servers, storage, networking, and virtualization fall under this category.
Cloud-based services
In software as a service (SaaS), applications are delivered over the internet.
Through a third-party vendor, the company accesses the application over the internet rather than installing and maintaining software.
Using this approach, the vendor manages access to the application and its infrastructure.
A SaaS service
On the Internet, Platform as a Service (PaaS) provides development capabilities.
PaaS allows developers to write code and test their solutions over the Internet using a platform, development tools, and underlying infrastructure.
In order to drive innovation and strategic decisions, companies are increasingly using serverless computing.
For companies to succeed with this new approach to business, they must define their objectives and carefully plan their cloud adoption strategies.
