The author also advises businesses to use cloud services tactically, such as for handling sudden spikes in traffic or for scalable storage needs. The article concludes by predicting that more enterprises will assess their IT stack and workloads to find an optimum hybrid model that delivers the greatest long-term value for customers and stakeholders.
Key takeaways:
- Enterprises are reevaluating their cloud strategies due to rising hosting costs and concerns about cloud price hikes and contract lock-ins.
- Standard business applications like ERP, CRM, and HR systems are ideal for the cloud due to the innovation and economies of scale it offers.
- Some workloads may be better suited for on-premises hosting due to latency, downtime, security concerns, or contractual obligations.
- Enterprises should carefully evaluate their tech stack and workloads to find the optimal hybrid model that offers the greatest long-term value for customers and stakeholders.