Over the years, cloud computing has morphed into one of the biggest influencers of success in businesses. Its adoption has exploded, and it is no surprise why almost every business is thinking of having a concrete cloud strategy. Embracing a cloud has numerous benefits for all businesses, regardless of their size. They include efficiency, lowers operational cost, flexibility and profitability, among others. According to a study, the cloud computing market will reach $623 billion by 2023 at a Compound Annual Rate (CAGR) of 18 percent. Amazon Web Services (AWS) will continue leading in market share over this period. Despite the significant growth in this industry, many companies have not realized the importance and potential of cloud computing and migration to the cloud. The major concerns of the companies that have not invested in a cloud strategy are financial costs, internal resistance to change and security. Therefore, businesses must develop a detailed plan for proper execution and successful migration to the cloud.

In almost every tech discussion these days, the conversation will not end without the mention of cloud computing. This term seems to encompass almost everything about organizations. Cloud computing enhances many aspects of organizations, such as data storage, security, flexibility, and collaboration. Furthermore, it changes the workflows of small and large businesses and helps them make the right decisions with reduced costs. Despite the advantages that the cloud brings, it also has various challenges. Here are some cloud computing challenges that you should never ignore.

Cloud computing is changing businesses in a big way, and the next phase is already turning fortunes for companies. According to a survey, companies that have adopted cloud computing have seen an increase of up to 20 percent of the time to market, an 18.8 percent rise in efficiency, and an 18.4 percent rise in employees' productivity. However, to fully realize the potential of the cloud and its impact on your business, you must revamp your IT department. Ensure that your IT department is up to the challenge and has all the necessary professionals to take your company to the next phase.

Backups are one of the most popular cloud offerings for both individuals and businesses. Users have many options to protect their data with cloud solutions like iCloud, Google Drive, and DropBox. Backing up to the cloud enables data to be accessed from any location with an Internet connection and is more convenient than backing up to physical external devices.