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Cloud Asset Management

Why Cloud Asset Management is the Future

Cloud asset management is a collective process that a number of medium and large company make use of for tracking their software licenses. However, it can be even more than that, because it can also be used to deploy patches, applications, updates, and even entire operating systems to various devices.

Software Asset Management (SAM) is already popular on the cloud, but it will become much more so in the future, as more companies migrate their applications. When you’re looking for a new IT services provider, one of the factors you should consider is if the provider can offer software asset management as a cloud-based service. In this discussion, we’ll provide some insights as to why cloud asset management is the wave of the future, and why it’s here to stay.

Benefits of Cloud Asset Management

Cloud-based asset management can leverage the Internet’s bandwidth for better monitoring, metering, and delivery. When you can set up your SAM by placing the system in a public cloud space, it allows end processes to occur on the user’s personal bandwidth. Even though this last leg of the delivery of process is the only part that occurs on an employee’s personal bandwidth, it does remove the onus from the corporate network bandwidth. That leaves the corporate network available for monitoring, server patching, administration, operating system delivery, and any other maintenance activities that are necessary.

Some of the benefits of cloud management can be traced to the fact that cloud management itself is a vehicle that will free up your company from some of the mundane daily activities and allow you to focus on your business’s core needs. With your software being managed on the cloud, it removes it from your list of local responsibilities, and allows your employees to exclusively work in their specialty areas. Whenever any kind of integration is necessary, your host provider will be carrying it out via the cloud, while you await the successful completion of the task.

Fly in the ointment? 

Probably the only reason why cloud-based SAM hasn’t taken the world by storm thus far is the fact that many companies still have an abiding mistrust of cloud computing. And the reason why managers and executives haven’t fully embraced the cloud is their concern over security. Yes, security is an issue, but cloud-based services are better protected than local services. In other words, your data is even safer on the cloud than it is on your own localized, small network. When more managers come to realize this, the fly in the ointment will be removed, and there will be even more of a rush to embrace cloud computing and cloud-based SAM.

Contact Us 

It can be painstaking and difficult to find the right I.T. services provider, but you should start your search by narrowing it to companies proficient in Cloud Asset Management. Contact Terminal B today to find out how our adoption of cloud asset management can be a huge benefit to your company, and how we can make your data assets secure against attacks and corruption.

FAQs About Cloud Asset Management

Cloud asset management has become the industry standard and for good reason. From protecting your data to providing access, utilizing the cloud to store your company’s data makes sense.

 However, some people still have questions about the safety and security of using the cloud. Here are answers to some frequently asked questions:

What is the cloud?

The cloud is a collection of remote servers that are used to store, manage, and process data. Cloud asset management refers to the process of managing these assets.

How does it work?

Cloud asset management works by storing an organization’s data, applications, and other digital assets in a remote location known as the “cloud.” Storing data this way provides organizations with increased security, scalability, and flexibility.

Why should I use it?

There are many reasons why you should consider using cloud asset management. One of the main benefits is that it can help you save money. It can also help you improve your company’s security and compliance posture.

What are the benefits?

Cloud asset management provides many benefits, including:

  • Cost savings: It can help you save money by reducing the need for on-premises hardware and software.
  • Improved security: It can help improve your company’s security posture by providing control over data access and by encrypting data.
  • Improved compliance: You can help improve your company’s compliance posture by providing a central repository for data and by auditing data access.

Is my data safe in the cloud?

Yes, your data is safe in the cloud. In fact, it’s more secure than keeping it on your premises. Cloud providers have strict security measures in place to protect your data. And, if you choose a reputable provider, they will have a team of security experts constantly monitoring the safety of your data.

What happens if my internet connection goes down?

If your internet connection goes down, your data will still be safe in the cloud. Cloud providers have multiple servers located around the world. So, even if one server is down, your data will still be accessible from another server.

How do I know who has access to my data?

When you store your data in the cloud, you have complete control over who has access to it. You can give different levels of access to different people and you can revoke access at any time.

What if I need to delete my data?

Deleting data from the cloud is just as easy as deleting it from your own computer. You can delete individual files or you can delete your entire account if you no longer need it.

What are the challenges?

Cloud asset management can present some challenges, including:

  • Security: Cloud asset management can provide improved security, but it is important to ensure that data is properly secured and users don’t compromise company security protocols.
  • Compliance: While cloud asset management can help improve compliance, you need to ensure that data is properly audited.
  • Management: It can be complex, and you should have the right tools and processes in place to manage data effectively.

Cloud asset management has become the industry standard for managing data and it is a powerful tool that can help you save money, improve security, and improve compliance. For more information, schedule a consultation with Terminal B.

Top Reasons to Migrate Your Company to the Cloud

Businesses and IT enterprises alike are transitioning more from on-site IT systems to the cloud and are likewise making more use of cloud computing consulting services. The global pandemic has added more momentum to the cloud migration trend, with businesses spending 36.4 billion on cloud-based solutions in just three months in 2020. 

But what is the cloud, exactly? Traditionally, business owners and managers have invested in buying IT hardware for their business’s IT infrastructures, such as servers and storage, that are kept and managed on-site. When we talk about the cloud, we are talking about access over the internet operated by dedicated cloud hosts and cloud computing consulting groups.

The job of the cloud hosts is to keep the servers and each client’s business infrastructure running efficiently with the latest data security protocols. Migrating to the cloud isn’t a complex decision when you’re working with a dedicated managed cloud service provider because they function like your own in-house IT department.

Why Companies are Moving to the Cloud

So why are so many companies moving their data and business infrastructure to the cloud? 

The main reasons include: 

  • Lowering IT Costs 
  • Improving Business Agility
  • Better Security 
  • Improving Scalability
  • Storage Space

Below is a little more detail regarding these points.

Lowering IT Costs 

Moving IT infrastructure to the cloud allows businesses to stop wasteful spending on hardware that they may not need. Rather than estimate the future hardware requirements of their business’s IT infrastructure and then purchase or lease the required equipment, migrating to the cloud gives businesses much more flexibility.  

Cloud providers can provide the right amount of IT resources based on the business’s real-time requirements as they migrate more data and infrastructure to the cloud instead of relying on preliminary estimates. This also means that last-minute adjustments are extremely easy to make, and a business’s infrastructure capabilities will not limit its growth in the future.

Improving Business Agility 

The global economy demands that businesses run at peak performance without interruptions. And when a problem occurs, companies can no longer afford to wait days, weeks, or even months on new hardware or a hardware specialist.

Migrating to the cloud improves a business’s agility because when an issue occurs, there is a fully qualified IT professional on the other end of the cloud who can diagnose the problem and provide instant fixes. This accessibility reduces unwanted downtime and interruptions for a more agile and resilient system. 

Better Security 

One of Deloitte’s latest surveys of over 500 IT executives showed that security and data protection were the number-one reasons businesses migrated to the cloud. 58 percent of their respondents ranked security and data protection as a top priority, which is understandable since the cloud allows companies to: 

  • Modernize IT infrastructure for better protection.
  • Implement the latest best practices in data protection.
  • Gain access to 24/7 monitoring services from their cloud provider.
  • Customize their IT security based on their particular operation. 
  • Leverage the latest technologies as new security innovations appear.

Business Scalability and Storage

Business growth relies on organic expansion, mergers, or acquisitions, and infrastructure must keep up with increasing demand. New investments need to be integrated into existing business platforms. Cloud computing consulting groups and cloud storage makes growth processes seamless and can also provide businesses instantly with additional storage space as they need it.

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