There are many benefits to moving Oracle EBS to the cloud. But how do you know that you’re actually ready to take the next step?
Despite the near-universal adoption of cloud computing, many companies still have various reservations about undergoing a cloud migration. Some of these issues are:
- Skill set: Managers and executives may worry that moving to the cloud will require employees with an entirely different skill set. After all, 53 percent of businesses say that they struggle to hire the right employees for their cloud initiatives.
Solution: The good news is that public cloud offerings such as the Oracle Cloud, Amazon Web Services, and Microsoft Azure offer training and certification programs that can help bring staff members up to speed. You can also leverage experienced cloud managed services providers such as Datavail and Cybernoor, saving you the expense of hiring in-house cloud architects and engineers.
- Cost: As discussed, cloud computing uses a different cost model than on-premise, which can sometimes make the finance team nervous.
Solution: To maximize the savings and return on investment, perform an in-depth cost-benefit analysis and calculate the return on investment that you hope to achieve by moving to the cloud. According to Oracle, for example, cloud deployments have on average 2.3 times lower total cost of ownership than on-premise deployments.
- Security: The cloud brings new security challenges, but the vast majority of them can be addressed with training and education programs. According to IT research firm Gartner, 95 percent of cloud security failures are the fault of the user including human errors. Cloud platforms use leading-edge security technology as well as artificial intelligence (AI) to automate and help prevent vulnerabilities and cyberattacks.
Solution: Simple steps such as implementing strong access protocols, using multi-factor authentication, and monitoring user behavior will go a long way in keeping your data safe. Leveraging the advanced audit and security features of cloud platforms will also help ensure your applications and data are secure.
- Business disruption: Cloud migrations require a great deal of planning and forethought, especially when dealing with legacy IT systems. In certain cases, it may be necessary to migrate your applications and systems to the cloud in phases rather than in one cycle.
Solution: Split the migration into phases in order to minimize the disruption to employees and customers. You can also pursue a hybrid model in which some operations are in the cloud and others remain on-premise.
Even after allaying these concerns, you still need to ask the right questions before you can make your cloud dreams a reality:
Which cloud services is your organization currently using? It’s likely that your company is at least partly in the cloud already—even if it’s just basic productivity tools such as Google Docs, payroll services, or Microsoft Office 365. Mapping the cloud services in use at your organization is important to understanding what users gain from them and how these can be improved during your next cloud migration.
Which applications can (and cannot) be moved to the cloud? Some IT leaders expect that they will be able to simply “lift and shift” their on-premise workloads to the cloud in one cycle. However, it’s not always that simple. Deciding to migrate an application to the cloud involves a wide range of factors: the volume and volatility of the data processed by the application, the limits of the software and hardware architecture, any regulatory or compliance issues surrounding data privacy, integrations with legacy systems still on-premise, application latency and SLAs, and many more.
What are your most important reasons for cloud adoption? We’ve already outlined the key benefits of moving to the cloud, but which ones matter most to your organization? Whether it’s cost savings, flexibility and scalability, or employee productivity, define a set of metrics and KPIs that will measure the success of your cloud migration.
So perhaps you’ve weighed your options and decided that you want to proceed with your cloud migration. Now it’s time to take the necessary steps to prepare your environment. For a comprehensive overview of what you need to do, download our white paper, 5 Must-Dos to Prepare for an Oracle EBS to Cloud Migration.
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