By: Kushal Arora and Ramesh Rao

The market for cloud computing, which began to gain traction in the middle of the 2000s, is expected to reach USD 1,614.10 Bn by 2030. According to predictions in the most recent Precedence Research report on the global cloud computing market, it would grow at a CAGR of 17.43% from 2022 to 2030. A significant reason for the surge can be attributed to the pandemic, as it brought readily accessible and scalable digital services, such as the cloud, to the forefront to make remote and hybrid works possible.

Hyperscaler offerings help enterprises accelerate time-to-market, maintain rapid delivery of new features, and provide value to their customers without letting them get entangled in the complexities of data-center management. Enterprises can leverage hyperscaler offerings to capitalize on deploying and streamlining customized on-the-go services to enhance customer experience, streamline operations, and scale their businesses seamlessly across a gamut of possible scenarios. Some of these include facilitating quick and easy mobile payment, initiating smooth online food ordering, improving customers’ retail experience, upgrading vehicle safety, providing multimedia infotainment services, etc.

Six ways enterprises can leverage hyperscalers to fast track their business transformation journeys

• Usher in greater scalability and flexibility
  One of the significant advantages of hyperscalers (as the term might indicate) is that it is innately scalable and adaptable. Businesses of all sizes can leverage hyperscalers to manage their bandwidth requirements. They can promptly and uniformly handle immense volumes of activity and data and scale up or down on the fly – something nearly impossible to achieve in a cost-optimized way with on-premise infrastructures.
• Make their cloud more secure
  The most significant doubt of organizations when exploring cloud solutions is the uncertainty that the data saved on the cloud will risk the security of their clients. With hyperscalers’ robust, in-built security features, powerful encryption, and customizable security offerings, the data is secure – in some cases, probably more secure than it would have been on on-prem servers.
• Reduce downtime and prevent losses
  Data interruptions and losses, which are often caused due to excessive demand or other network complications, can cost enterprises millions of dollars. Thus, systems without hyperscaler services will need round-the-clock IT personnel to ensure that the services are always up and running to prevent financial losses, address compliance issues, and notify customers when required. However, with the support of hyperscaler servers, the IT teams of organizations can stay relatively calm as servers are evenly distributed, preventing excessive burden on one server, which minimizes the chances of overloading and failure. Also, in the event of downtime, it will help IT systems get back online much more quickly.
• Enhance agility, development, and execution
  If your business has opted for cloud computing services, one thing is guaranteed, the new development resources and software updates will be a click away. This gives a massive advantage over on-site servers and infrastructure, which need much longer to be upgraded, and enables enterprises to focus on new initiatives and developments.
• Ensure business continuity and disaster recovery
  The process of businesses storing and retrieving data has transformed from on-premises infrastructure to cloud services. However, concerns about malware, ransomware, and physical damage remain, and organizations must find ways to recover quickly. This is where hyperscalers help businesses minimize downtime – first, by providing a robust security mechanism and second, by ensuring rapid data recovery in case of an actual breach or loss. For instance, during the phased opening up post COVID-19 lockdown, organizations with decent hyperscaler practices could stay connected with their customers and continue their business operations from anywhere in the world easily and flexibly.
• Ensure efficient communication and seamless teamwork
  With remote, hybrid, and flexible working hours now becoming integral to the new business world, ensuring smooth mobility and collaboration with colleagues and clients anywhere in the world has become paramount. Working with hyperscalers, organizations can now ensure that this happens without any disruption.

The way forward

With 40% of organizations looking to implement dedicated cloud services either on-premises or through a hyperscaler by 2024, as per the latest report by IDC, the key takeaways for executing a successful hyperscaler strategy should include the following:

Comprehending the strategic vision of the organizational benefits, i.e., cost savings, improved flexibility, or a secured and accessible IT system.

Deciding which projects should migrate to the cloud first. This entails refocusing on initiatives initially aimed at offering quantifiable bottom-line advantages and posing a low-security risk.

Creating an implementation strategy that includes testing, transitioning, and managing the data during the crossover and a backup plan. This ensures the data is not lost in the transfer process if the system goes down.

In-Conclusion

As per a Cybersecurity Ventures report, by 2025, over 100 zettabytes of data will be stored in the cloud. With benefits ranging from cost effectiveness, security, increased collaboration, automatic software updates, and sustainability, hyperscalers hold an advantage for both large firms and start-ups. Thus, it’s time to consider hyperscalers as a long-term investment rather than an immediate expense. Invest in hyperscalers now, grow seamlessly, and take your business to the future, faster.