{"id":138,"date":"2016-11-07T00:00:00","date_gmt":"2016-11-07T00:00:00","guid":{"rendered":"https:\/\/www.versaclouderp.com\/blog\/what-is-the-cloud-and-getting-ready-for-it\/"},"modified":"2016-11-07T00:00:00","modified_gmt":"2016-11-07T00:00:00","slug":"what-is-the-cloud-and-getting-ready-for-it","status":"publish","type":"post","link":"https:\/\/www.versaclouderp.com\/blog\/what-is-the-cloud-and-getting-ready-for-it\/","title":{"rendered":"What is The Cloud and why does it matter?"},"content":{"rendered":"

DIFFERENCES BETWEEN TRADITIONAL IT & CLOUD SOLUTIONS<\/h2>\n

<\/p>\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n
<\/td>\n<\/td>\nTraditional Solution<\/td>\nCloud Solution<\/td>\n<\/tr>\n
Business Model<\/td>\nRevenue<\/td>\nLicense<\/td>\nSubscription<\/td>\n<\/tr>\n
Financials<\/td>\nEBITDA<\/td>\nRecurring revenue<\/td>\n<\/tr>\n
Key performance indicators<\/td>\nLicense renewals<\/td>\nGrowth rate & adoptions<\/td>\n<\/tr>\n
COGS<\/td>\n10-15%<\/td>\n30-35%<\/td>\n<\/tr>\n
Cloud Technology<\/td>\nMethodology<\/td>\nWaterfall<\/td>\nAgile<\/td>\n<\/tr>\n
Releases<\/td>\nBiannual<\/td>\nQuarterly\/Monthly<\/td>\n<\/tr>\n
Architecture<\/td>\nSingle tenant<\/td>\nMulti-tenant<\/td>\n<\/tr>\n
Build<\/td>\nIn house<\/td>\nOpen to outsourcing<\/td>\n<\/tr>\n
Talent Readiness<\/td>\nArchitect<\/td>\nSoftware<\/td>\nCloud<\/td>\n<\/tr>\n
Operations<\/td>\nStandard<\/td>\nDev Ops<\/td>\n<\/tr>\n
Sales & Marketing<\/td>\nTraditional<\/td>\nOmni Channel<\/td>\n<\/tr>\n
Product Management<\/td>\nInfrastructure<\/td>\nData Centre<\/td>\nAutomated<\/td>\n<\/tr>\n
Security<\/td>\nSoftware<\/td>\nSoftware & Devices<\/td>\n<\/tr>\n
Sales & Marketing<\/td>\nAcquisition<\/td>\nOffline<\/td>\nOnline & Offline<\/td>\n<\/tr>\n
Trials<\/td>\nNo<\/td>\nYes<\/td>\n<\/tr>\n
Pricing<\/td>\nPerpetual licensing<\/td>\nSubscription<\/td>\n<\/tr>\n
Customer Support<\/td>\nKey Performance Indicators<\/td>\nUnits<\/td>\nAdoption & Reach<\/td>\n<\/tr>\n
Implementation<\/td>\nCustom<\/td>\nConfiguration & Set up<\/td>\n<\/tr>\n
Time to adoption<\/td>\nMonths<\/td>\nMinutes to some hours<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n

It is important to start with a self assessment and defining your objective for the adoption of the cloud. The self assessment will define your current state of readiness, what needs to be done to achieve your goal and the assistance that you will need.<\/p>\n

The ways to achieve cloud readiness for a business are:<\/p>\n

    \n
  1. Determine your profitability and identify business models for scaling and building your business via the cloud<\/li>\n
  2. Assess your readiness in terms of resources and prepare a budget<\/li>\n
  3. Decide on your business strategy in line with your business objectives and delineate your change management strategy for migration to the new platform<\/li>\n
  4. Identify, evaluate and select the appropriate cloud solution. Comprehensive solutions offer better scalability\/growth options, with lesser operational issues and are also easier to manage with a single window<\/li>\n<\/ol>\n

    Reference:<\/p>\n

    https:\/\/smallbiztrends.com\/2016\/09\/cloud-ready.html?tr=sm<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"DIFFERENCES BETWEEN TRADITIONAL IT & CLOUD SOLUTIONS","protected":false},"author":1,"featured_media":796,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"content-type":"","vcerp_display_header_overlay":false,"vcerp_singular_sidebar":"","vcerp_page_header_type":"","footnotes":""},"categories":[1],"tags":[61,39,21,62,63,44,64,65,66],"class_list":{"0":"post-138","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-technology-trends-in-erp","8":"tag-business-strategy","9":"tag-cloud","10":"tag-cloud-platform","11":"tag-cloud-readiness","12":"tag-cloud-solutions","13":"tag-comprehensive-business-solution","14":"tag-key-performance-indicators","15":"tag-scalability","16":"tag-time-to-adopt","17":"cs-entry"},"yoast_head":"\nWhat is The Cloud and why does it matter? 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