Tag: cloud migration
In the digital age, cloud investment is your business’s propulsion, offering flexibility, scalability, and a competitive edge. However, many companies don’t fully reap the cloud’s benefits. The cloud’s potential remains untapped.
So, why is cloud investment crucial, and how does it contribute to a company’s success? Let’s explore! We’ll help you master cloud investment.
The Cloud: More Than a Buzzword!
In a rapidly evolving tech landscape, the cloud isn’t just jargon; it’s your business compass. It’s a dynamic virtual ecosystem transforming operations. But here’s the key point: merely having cloud infrastructure in place is just the starting point.
To truly unlock its potential, you need to understand how to maximize your cloud investment. Whether you’re a startup seeking growth or an enterprise aiming for efficiency, the cloud is your golden ticket to success.
Studies predict the global cloud computing market will surpass $2,321.1 billion by 2032, driven by a consistent 16% CAGR from 2023 to 2032. Companies of all sizes are increasingly recognizing the advantages of cloud technology, and you should, too!
So, let’s dive right in!
Unlocking the Cloud’s Potential
Why don’t some businesses make the most of the cloud? Their approach often holds the key.
Imagine having a sports car with a powerful engine but only using it for leisurely drives. That’s what it means to have cloud technology but not know how to utilize it fully.
Common pitfalls include choosing the wrong cloud model, neglecting data security, failing to optimize costs, and missing out on scalability. These elements can turn your cloud investment into a business powerhouse when managed effectively.
In the following sections, we’ll delve deeper into each area, providing you with a map to unlock your business cloud investment’s full potential.
Know Where You Stand!
Did you know? A staggering 92% of enterprises now utilize multiple cloud services.
Your business’s cloud potential is significant, and your cloud journey is pivotal for your business’s success and growth in today’s digital era. With the right approach, you can unleash the full potential of the cloud, boost efficiency, and drive innovation. Here is how you can know where you stand in your cloud potential
Step 1: Assess Your Current Cloud Environment
The first step in grasping your cloud potential is evaluating your existing cloud setup. Regardless of whether you’ve already transitioned to the cloud or are contemplating it, it’s crucial to gain a clear understanding of your current position.
- Cost Efficiency Metrics: Review your cloud spending. On average, organizations wasted 35% of their cloud budget in 2021.
- Performance Metrics: Measure your cloud infrastructure performance. Downtime carries a significant financial burden. Companies experiencing frequent outages and brownouts incur costs 16 times greater than those with fewer instances of downtime.
- Security and Compliance: Assess your security measures. The average cost of a data breach is $4.45 million.
Step 2: Establish Clear Objectives
Once you’ve gained a comprehensive view of your current cloud environment, it’s time to set precise goals for your cloud strategy. In a 2021 survey conducted by Gartner, a notable 80% of organizations indicated they had either transitioned to a cloud-first strategy, were planning to do so, or were considering it. Your objectives could include:
- Cost Optimization: Trim cloud wastage and streamline spending to enhance cost efficiency.
- Scalability: Ensure that your cloud environment can smoothly adapt to shifts in workload or demand.
- Innovation: Foster innovation by tapping into the cloud’s capabilities for data analytics, AI, and machine learning.
Step 3: Harness Data and Analytics
Data-driven decisions are the linchpin of maximizing your cloud potential. Leverage analytics tools to gain insights into your cloud usage and performance. This approach can assist you in spotting trends and identifying areas that require improvement.
Large enterprises are now prioritizing cloud adoption, aiming to move 60% of their operations to the cloud by 2025, underscoring the critical role of data-driven decision-making in business.
Step 4: Seek Expert Guidance
Do not hesitate to seek guidance from cloud experts on your cloud journey. Organizations achieve greater success in realizing their cloud goals when they have access to cloud experts. Collaborate with cloud service providers, managed service providers, or cloud consultants to navigate the cloud landscape effectively.
Step 5: Continuously Monitor and Adapt
Cloud technology is continually evolving. Routinely monitor your cloud environment and adapt to changes. This iterative process is pivotal in making the most of your cloud investment.
Now let’s understand why is embracing the cloud vital for future-readiness.
Read more: Cloud Application Development: Empowering Your Business in the Digital Era!
Why Embrace the Cloud for Future Readiness
In our dynamic business world, cloud adoption is more than a choice; it’s a strategic necessity. Let’s explore some reasons:
- Scalability and Flexibility: As your business grows, you can seamlessly adjust your cloud resources to meet increased demand. This flexibility ensures that you’re prepared to adapt to changing market conditions and accommodate rapid expansion.
- Cost Efficiency: The cloud allows you to pay only for the resources you use. This eliminates the need for heavy upfront investments in hardware and reduces operational costs. A well-managed cloud strategy can result in significant cost savings, which is vital for long-term sustainability.
- Innovation Acceleration: Cloud platforms offer a plethora of tools and services for data analytics, artificial intelligence, machine learning, and more. Leveraging these capabilities can spark innovation, drive competitiveness, and enable your business to stay at the forefront of your industry.
- Global Reach: Cloud services allow businesses to reach customers and partners around the world. This global accessibility is crucial for international expansion and remaining competitive in a global marketplace.
- Security and Compliance: By migrating to the cloud, you can benefit from their expertise and state-of-the-art security protocols, enhancing your ability to protect sensitive data and adhere to industry regulations.
- Competitive Edge: Access to cutting-edge technology and the ability to swiftly respond to market changes can be differentiators in a crowded marketplace.
- Sustainability: Cloud providers are increasingly focused on sustainable practices. By migrating to the cloud, your business can reduce its carbon footprint through more energy-efficient data centers and shared resources.
How Can Fingent Help in Your Cloud Journey?
At Fingent, we understand that each business’s cloud journey is unique. We are committed to helping you unlock the full potential of your cloud investment. With a deep understanding of cloud technologies and a proven track record in cloud consulting, we offer:
Tailored Solutions: We’ll work closely with you to understand your business needs and provide customized solutions that align with your objectives.
Expert Guidance: Our team of cloud experts is always ready to assist you at every stage of your cloud journey, ensuring a smooth transition and ongoing success.
Innovation and Efficiency: We leverage the latest cloud technologies to drive innovation, enhance efficiency, and optimize costs, helping your business thrive in today’s competitive landscape.
So, take the plunge, make the most of your business cloud investment, and watch your business soar to new heights. The cloud is your oyster; it’s time to unlock its treasures! Give us a call today.
- Companies can save 20% of the total annual cost if they migrate to the cloud.
- Hyperscaler Cloud Services can enable businesses to experiment, build, innovate, and run any form of application.
- Hyperscaler adds immense value when creating custom software applications with a specified focus on the data center hardware and software needs.
Organizations of a variety of sizes are now able to reinvent how they operate and move more quickly and more agilely, thanks to the cloud. The move to the cloud has fundamentally changed how we perform our jobs, communicate, and interact. It is quickly becoming a requirement to be competitive in today’s digital environment.
Custom software applications powered by the cloud are a force to be reckoned with, and the benefits become manifold with hyperscalers like AWS, Azure, and Google. What are these hyperscalers, and how can they supercharge your business? Let’s find out.
What are Cloud Services?
In very simple terms, cloud computing is access to computer services such as servers, storage, databases, networking, software, analytics, intelligence, and more by means of the cloud (the Internet). With cloud computing, you can store and access data and programs on remote services hosted on the internet rather than the computer’s hard drive or local server. Cloud computing can be done with cloud services, which are essentially software programs that are hosted by third-party providers who make them available to users over the internet.
Studies recently revealed that, on a worldwide scale, 94% of all companies will use some kind of cloud computing service in 2023 to help them run their business operations. This is a 14% jump from 2020.
A major reason for this wide shift from on-premises servers of the companies to cloud providers is the ‘Pay as you go’ service offered by them, meaning that you only have to pay for the service that you are utilizing. However, the cloud offers more, much more!
How Does the Cloud Work and How Does it Benefit Businesses?
Just like any other IT solution, cloud services also rely on hardware and software. Users typically need just a computer, a stable internet connection, and operating systems to access cloud services.
Benefits To Businesses:
- Cost Reduction: This is a major factor that makes this technology desirable. On average, 20% of the total annual cost can be saved by companies if they migrate to the cloud.
- More Storage: Many tools are available on the cloud with the sole purpose of providing more storage capacity. Some examples include Dropbox, OneDrive, Google Drive, and iCloud Drive.
- Higher Security Barricades: Another attractive feature of cloud services is their tight security regulations. A report by Salesforce states that 94% of businesses claimed to have seen an improvement in security after adopting cloud services.
Read more: Advance your business software development with Cloud Native. Download the complete 451 Research now and strategize a successful Cloud Native adoption process.
Hyperscalers: What Are They, And How Do They Add Value To Cloud Services?
Hyperscaler got its name from the data processing method known as “hyperscale computing,” which allows software architecture to expand and scale on an enterprise level. Hyperscalers enable their clients to experiment, build, innovate, and run any form of application—from a social network to a smart city to online banking—while controlling costs and operating with agility by offering users access to a ready-made, scalable infrastructure. Some famous examples of hyperscalers are Amazon Web Services (AWS), Microsoft Azure, and Google Cloud Platform (GCP). These technologies combined are reported to have an estimated 65% control over the cloud market.
Benefits Of Hyperscaler Cloud Services:
- Scalability: They can provide virtually unlimited computing resources, which enables organizations to scale their services and applications swiftly without worrying about hardware constraints.
- Global Availability: Users can easily access content with lower latency through hyperscalers, which boosts efficiency and user satisfaction.
- Security: Hyperscaler clouds provide a high level of security by frequently investing in infrastructure reliability, disaster recovery, and cybersecurity.
Value Added By The Big Three: AWS, Azure, and Google
Let’s now talk about these three hyperscalers:
AWS: Four primary elements of value—cost savings, employee productivity, operational resilience, and business agility—are measured and tracked by AWS to assist enterprises in developing an in-depth case for the cloud.
Azure: Azure is the only consistent hybrid cloud that delivers exceptional developer productivity, offers extensive, multi-layered security, including the most conformity coverage of any cloud provider, and costs less than AWS.
Google: Google’s solution provides a complete data foundation for unifying all workloads and overseeing the entire data life cycle. It can process data anywhere and is designed with and for AI, so you can obtain the most up-to-date tools for machine learning analysis, prompting, adjusting, training, and deploying unique foundation models—all while being connected to your business data.
How Can Custom Software Applications Benefit From These Hyperscalers?
Hyperscalers generally oversee the in-house technical skills of an IT team needed to customize data center hardware and software in accordance with the company’s business model and applications. This adds immense value when creating custom software applications.
AWS:
AWS offers many tools you can use to build custom SaaS applications and third-party SaaS solutions.
- Cognito: enables organizations to provide extra sign-in alternatives to their users.
- AD Connector: adds an extra degree of security.
- Quicksight: is a BI solution that you can use to provide simple insights to the people who work with you.
- Cost Explorer: displays and analyzes your costs and operations.
- Aurora Serverless: takes care of routine database chores, including provisioning, patching, backup, recovery, failure detection, and repair.
Azure:
Azure services can assist you throughout the process of custom software application planning, development, delivery, and operations.
- Github: It is a programming solution for collaboration and version control that allows you and others to work on projects from anywhere in the world.
- Azure Pipelines: Works with any language or platform and is used to simultaneously deploy services to multiple targets.
- Azure Boards: This tool lets teams organize, monitor, and talk about their work across the whole development cycle.
- Azure Monitor: This helps improve the responsiveness and availability of your services and apps.
- Visual Studio: This can be used to connect applications and services to Azure and create services that operate in the Azure cloud.
Google:
To help you create high-quality apps as quickly and dependably as possible, Google provides a wide range of resources.
- Firebase: It is used for cloud communications, performance monitoring, and authentication validation.
- Web: It offers information to assist you in enhancing your site’s organization, how it appears in Google searches, and the effectiveness of its user interface.
- The Cloud: Here, you can access services like BigQuery (for processing large, ready-only data sets), Compute Engine, and Cloud Storage.
- Tensor Flow: This tool is mostly used for machine learning and gives developers access to a variety of workflows and high-level, logical APIs to build machine learning models in a variety of languages.
Why Should You Choose Fingent?
Fingent is one of the top providers of technology solutions around the globe right now, serving customers from four different continents. To assist you with your projects, we provide top client-centered personnel who can help you with any of the three types of Cloud services – SaaS, PaaS, and IaaS.
With our team of experts, you can scale up or down as you need and manage and integrate cloud environments according to your business needs. We provide excellent pre- and post-development support by monitoring performance and making any necessary adjustments, and we are accessible at any level of development.
Give us a call, and let’s talk about how to get your business to succeed on the cloud.
“Cloud computing is really a no-brainer for any start-up because it allows you to test your business plan very quickly for little money. Every start-up, or even a division within a company that has an idea for something new, should be figuring out how to use cloud computing in its plan.” – Brad Jefferson, Animoto CEO.
Cloud Application Development, originally known as the modern cloud, was first invented in the 2000s. Today, “The Cloud” denotes servers that can be accessed through the Internet and the crux software and databases that are the backbone of those servers.
The cloud has consistently grown from its genesis and is currently the backbone of many leading organizations. In this article, we will look at Cloud Applications developments, their basic framework, advantages, best practices, challenges, and benefits.
What Is Cloud Computing?
As the name suggests, cloud computing is the distribution of various software services and the ability to access them proffered by cloud service providers to users or customers over the internet. These infrastructures include tools and applications like software, servers, data storage, networking, artificial intelligence, analytics, and databases. They essentially provide faster progress, more flexibility, and drastically reduce operational costs.
Read more: Choosing the right Cloud Service Model for your business – IaaS, PaaS, SaaS.
Types Of Cloud Services
There are three main types of cloud settings that are used widely for their efficiency and are generally referred to as “models for cloud development.”
1. IaaS –
Infrastructure-as-a-Service offers access to essential network structures on the cloud, like storage space, virtual servers, links, and networks for enterprises. All of this can be done without the business needing to purchase or maintain the internet infrastructure.
IaaS is also the oldest and most basic cloud computing model. Examples of businesses that utilize IaaS include Google Compute Engine, Azure Virtual Machines, and AWS EC2.
2. PaaS –
In Platform-as-a-Service service, developers can build or create a cloud application development framework and customize the software however they desire. In the PaaS model, software developers or services rent a cloud solutions company to develop an application.
The cloud solutions company then uses the infrastructure and operating systems to create development tools that offer better computing, database, memory, and data storage. Some examples of PaaS providers are Windows Azure and AWS.
3. SaaS –
Lastly, the Software-as-a-Service model delivers cloud software that grants users access to the internet without needing to install or maintain them. It is well known for its applications that can be built or developed even on a local terminal and deployed to a cloud-based server. Slack, MailChimp, Gmail, and Salesforce are a few examples of SaaS products.
Benefits Of Cloud Computing
Cloud Computing is by far the most cost-effective path that small or large organizations can take. Saving as much money as possible and cutting costs is a vital requisite for any business, and Cloud Computing can evidently help there. Aside from this, Cloud Computing also has other benefits:
1. High Availability
High availability in a system is undoubtedly a strong benefit for an organization as it will face negligible downtime. Downtime in cloud-based services is counted in seconds instead of minutes or hours.
“The primary benefit of moving an organization’s services to the cloud is near real-time deployment capabilities in a highly available architecture.” – John Breth Founder/Managing Principal at J.B.C.
2. Faster time to market
In a cloud-based application, developers can create new instances or retire them in mere seconds, allowing them to efficiently accelerate development with quick deployments. Cloud computing also supports new innovations and provides a platform for the easy testing of new ideas and designs without hardware limitations or slow retention processes.
3. Reliability
Reliability refers to how well a service can keep up with the promises it makes while performing tasks. It also fortifies highly available databases from randomly corrupting data records or deleting reports. Cloud computing proffers regular upgrades, updates, and damage control patches and tests its applications to make sure its services are perfect as promised.
4. Data loss prevention
Data loss is a major headache for most organizations and can lead to many complications, but Cloud computing can help here as well. With cloud computing, your data backup is up-to-date and disaster recovery is exceptionally fast. Uploading data into the cloud for storage can help prevent data loss even during emergencies, such as hardware malfunction, malicious cyber attacks, or simple user errors.
5. Automation
A great vantage in the world of technology is automation. This makes machines with quick automation a highly sought-after commodity. Every Google Cloud, IBM, AWS, and Azure product has a built-in API interface that makes it programable. Developers simply need to create, configure and demolish cloud-based resources with Software Development Kits (SDKs) written in Java, Python, JavaScript, and C++.
What is Cloud Application Development?
Now that we know the amazing benefits of the Cloud, let’s get into what Cloud Application Development is.
Cloud Application Development essentially is the creating, testing, deploying, and running of software services in the cloud. They are called cloud software because these applications are built in a cloud-based environment. Cloud Application Development involves various stages of software development; each of these stages devises the application to go live and hit the market successfully.
The biggest beneficiaries of cloud applications are business owners. This technology allows businesses to simplify their operations and gradually enhances their bottom line. Cloud-based applications also provide flexibility and enable you to adapt to the latest business trends in order to keep up with competition. Hence, most businesses have started to transition from on-premise to cloud-based software development methods.
Read more: Cloud Native: The Modern Way To Develop Software
Cloud Application Development Framework
Cloud App Development Framework is the tools and technologies needed to create, control, and administer cloud applications. The tools provided by Cloud Application Development Framework include developmental tools, middleware technology, administration managing software, and various other Cloud Applications.
Some of the more popular Cloud Application Development Frameworks are:
1. Java
Java frameworks, such as J2EE, Hibernate, and Spring are generally used by beginners because these frameworks make the whole development of strong cloud computing applications process very easy.
2. Azure
Azure is a famous platform that provides excellent security to cloud computing applications. Developers using this framework can easily integrate applications, systems, and data.
3. Google Cloud
The Google Cloud Architecture Framework is most famous for its best practices of secure, efficient, resilient, high-performing, and cost-effective applications.
Advantages Of Cloud Application Development
There are many advantages of Cloud Application Development but listed below are 5 of the most important and prominent ones:
1. Scalability
Scalability in terms of Cloud Computing refers to the ability of the application to increase or decrease IT resources when demands change. It is one of the greatest features of the cloud as it allows users to scale many machines and processing power simultaneously, making it a highly flexible service.
2. Cost Effectiveness
Business owners should be very mindful of their expenses and making smart decisions in order to curb extravagant expenses should be second nature to them. Cloud Application Development is extremely cost-effective as it follows a pay-as-you-go technique. Here the costs of using the cloud application are reflected directly in the needs of the customer, making the initial transition to a cloud service less complicated and pocket-friendly.
3. Security
The Cloud is widely famous for its airtight security and the secret lies in its method of data encryption and transfer of data over networks and storage databases. A report by RapidScale claimed that 94% of businesses noticed a big jump in security after switching to Cloud Computing Applications, and 91% stated that the Cloud makes it easier to abide by government compliance requirements.
4. Flexibility
Cloud Application Development proffers organizations with extreme flexibility and overall agility. Its top-notch flexibility and improved freedom make a significant impression on the overall efficiency of an organization. A survey conducted by InformationWeek said that “65% majority of respondents stated that the ability to quickly meet business demands was the most important reason a business should transition to a cloud-based environment.”
5. Accessibility
Due to its previously discussed scalability and flexibility, Cloud Application Development is highly accessible. The Cloud grants users the ability to quickly and easily use and store information anywhere on the internet. An internet cloud infrastructure is reportedly known for increasing an organization’s overall productivity and efficiency simply by making its data easily accessible.
Best Practices For Cloud Application Development
The better a Cloud Application Development process is, the more resilient and reliable its application is most likely to be:
- Understanding Business Needs And Requirements:
It is very important to first analyze your business needs and requirements before making any drastic investments. Understand the premise of your technological needs and check your organization’s budget before making the transition to cloud-based application development.
- Leveraging The Right Cloud Services And Tools:
Leverage your option in Cloud Services and look for the most beneficial and trustworthy service. Each service has its own data and supports a specific business goal. Ensure that these goals align with your own business goals.
- Building For Scalability And Flexibility:
Remember to keep maximum scalability and flexibility in mind when developing your Cloud Application. We have already seen how important these two factors are when it comes to the overall success of a business.
- Emphasizing Security:
Security of the highest quality is the most important factor when developing a cloud application. Secure your business data and emphasize to your partner the importance of data protection. Look for solutions that will respect your need for top-notch security and will provide it perfectly.
- Implementing Automation And Monitoring Tools:
Artificial Intelligence and many more emerging technologies are on the brink of changing the course of the world completely. Ensure to reap the benefits of these technologies as much as you can while developing a cloud application. These technologies can acutely benefit with automation and monitoring of cloud-based applications.
Challenges In Cloud Application Development
Just like any internet application, even cloud applications have their fair share of challenges during development. Listed below are a few of those challenges:
1. Security and Compliance
Security and Compliance of information is the biggest challenge in cloud application development because of its complicated nature and various operating conditions. These security issues can be rectified by employing encryption, security hardware, and security applications. Users should never cut corners when it comes to security practices when developing a new Cloud Application.
2. Integration With Legacy Systems
Since enterprise solutions have new applications that replace the legacy side of older applications and since these legacy systems were built without an API approach, it results in the older applications not being able to process newer, more modern technology applications such as IoT apps, Saas apps, and other similar applications.
3. Resource Management
The scale of modern data centers, the diversity of resource types, and their independent features, and in addition to this, the wide range of objectivities differ from one cloud ecosystem to another. All of these factors, put together, create a wedge in resource management.
4. Choosing The Right Cloud Service Provider
Finding a cloud service provider that is good at communicating and interpreting your business needs is rare but integral. It does not matter how long you take to find this perfect partner, patiently scrutinize all your options and look for a capable service provider.
Best Practices For Cloud Application Development
The better a Cloud Application Development process is, the more resilient and reliable its application is most likely to be:
1. Understanding Business Needs And Requirements
It is very important to first analyze your business needs and requirements before making any drastic investments. Understand the premise of your technological needs and check your organization’s budget before making the transition to cloud-based application development.
2. Leveraging The Right Cloud Services And Tools
Leverage your option in Cloud Services and look for the most beneficial and trustworthy service. Each service has its own data and supports a specific business goal. Ensure that these goals align with your own business goals.
3. Building For Scalability And Flexibility
Remember to keep maximum scalability and flexibility in mind when developing your Cloud Application. We have already seen how important these two factors are when it comes to the overall success of a business.
4. Emphasizing Security
The highest quality security is the most important factor when developing a cloud application. Secure your business data and emphasize the importance of data protection to your partner. Look for solutions that will respect your need for top-notch security and will provide it perfectly.
5. Implementing Automation And Monitoring Tools
Artificial Intelligence and many more emerging technologies are on the brink of changing the course of the world completely. Ensure to reap the benefits of these technologies as much as you can while developing a cloud application. These technologies can acutely benefit with automation and monitoring of cloud-based applications.
Use cases – Cloud Application Development
1. Enterprise Applications
Major examples of Enterprise Applications are Enterprise Dynamics 365, WordPress, and BambooHR, among many others.
2. Mobile Applications
Amazon, Shopify etc, are examples of mobile cloud computing and when we use our phones or tablets to track our account balance or make a purchase on e-commerce platforms, we interact with these applications.
3. IoT Applications
IoT device systems, including Google Nest or Alexa, are examples of IoT applications running on a cloud base. They collect data on the house’s energy usage, analyze the gathered data and make suitable suggestions to the homeowner on how to manage energy consumption.
4. E-commerce Application
Elastic Beanstalk from Amazon Web Services is used for its online storefront, web apps, and API structure. With this application, online vendors need not know anything about network maintenance to launch and control customized applications quickly.
How Can Fingent Help?
Fingent top custom software development company is a world-renowned service provider with stable markets and satisfied customers on four continents. Our experts utilize the latest and fast-emerging advanced technology to make your project development process easy and flawless. Their experience in cloud-based technology will aid your business in exploiting all aspects of the cloud. We have our own unique approach to developing a cloud application and have countless customers with happy reviews to back them up. Give us a call, and let us get talking.
Applications are at the front and center of business strategy today. Software-driven business transformation requires new apps that can be developed and delivered faster. Organizations need a new platform to support these changes – one that can deliver high-quality apps.
Globally, cloud platforms are redefining the way enterprises scale their businesses. Enterprises are under tremendous pressure to develop and deploy applications faster and more efficiently. Cloud-native applications help tech-savvy enterprises stay ahead of the competition.
Today, cloud-native application development has emerged as an innovative concept. It has altered the way software applications are developed, shipped, and managed. This article discusses in detail what cloud-native application development is. It will also explain how cloud-native application development is empowering app delivery.
What Is Cloud-Native Application Development?
A cloud-native application is designed for cloud computing architecture. These applications are built and hosted in the cloud. Cloud-native application development is an approach that exploits the flexibility, scalability, and resilience of cloud computing. It includes various tools and techniques used by software developers to build applications for the public cloud.
Cloud-native takes full advantage of the cloud computing model. Therefore, it efficiently combines architecture and technology that enable the design, development, and operation of workloads in the cloud. Cloud-native application development empowers you to gain a competitive advantage by quickly bringing ideas to market.
Cloud-native applications have shorter application lifecycles and are highly resilient, manageable, and observable. They speed up the development of new applications, optimize existing ones while connecting all of them.
Cloud-native application development is mostly based on microservices. Microservices are discrete and reusable components that can be used in any cloud environment. It is a multidimensional approach. It represents a cycle where complete focus is on the journey rather than the destination. Hence, it is all about building new applications and modernizing the existing ones on the principles of the cloud.
Read more: A Comprehensive Guide To Modern Cloud Application Development
What Is Cloud-Native Architecture and How It Empowers App Delivery?
Cloud-native follows five architectural features. These features are microservices, APIs (application programming interfaces, containers, backing services, modern design. These help businesses ship products faster, implement their customer’s needs, create value quicker, and aid collaboration between developers and IT specialists. Let’s consider each of them:
1. Microservices
It becomes easier to scale when a monolithic application is broken into many smaller pieces. These pieces are called microservices. Each of these microservices is designed to be autonomous, independent, and self-contained.
This approach is advantageous as each microservice can be deployed, upgraded, scaled, and restarted: without impacting the end-user. Microservices are independent and so you can eliminate dependencies and coordination efforts. The teams can work parallelly, thereby increasing velocity. Microservices enable elasticity-a key attribute of cloud computing.
2. Containers
Containers are crucial for packaging and running cloud-native applications. Microservices are grouped into container images and deployed onto a host operating system as they are faster and lighter.
Containerization allows the bundling of a cloud-native application into a single unit. This unit may contain libraries, configuration files, or other components that the application needs. The containerization process makes it easy to test, move, and deploy the applications.
Because of its agile nature, you can start or stop a container at a moment’s notice and remove any defective instances. Container system guarantees consistency and increases application portability across cloud systems.
3. Backing services
Cloud-native systems depend on ancillary resources. These resources include data stores, message brokers, monitoring, and identity services. These are called backing services. You could develop them in-house or simply select from a rich assortment of managed backing services offered by vendors. The latter is a better option as it can significantly save you time and labor.
As backing services can be bound dynamically to a microservice, it acts as an attached resource but decoupled from the application and remains interchangeable. In a nutshell, backing services can be attached to and detached from a microservice using a configuration management tool.
4. Application programming interfaces (APIs)
Microservices need an intrinsic mechanism to talk to each other. Plus, Client-facing microservices need to accept and respond to user requests. Application programming interfaces are those software connectors that can send and receive data, metadata, and service requests.
In cloud-native applications, RESTful APIs manage communication between microservices. Furthermore, APIs expose functionality that other software can use. It is a good practice to avoid touching the underlying code. As a best practice, APIs make it is easy to extend or customize applications without disturbing the underlying code.
5. Modern design
Despite having a wide variety of tools and techniques, one cannot avoid all challenges that arise in application development. So, IT teams must develop customized application monitoring and management methods. These methods must suit the organizations’ cloud model and IT infrastructure.
Watch: How InfinCE – A Digital Workplace Orchestration Platform, Can Help you Seamlessly Experience Infinite Cloud For Your Enterprise!
Why Is Cloud-Native Important Now?
Cloud-native is a cost-effective way that brings ideas to market quickly. Here are a few characteristics that make cloud-native critical for business growth:
- Auto-scalability: Cloud-native applications can scale services automatically and independently and do not require daily management.
- Elasticity: These applications and services can scale in-out and up-down as the demand changes ensuring efficient usage of resources.
- Speed of deployment: Businesses receive faster feedback and delivery when continuous delivery and deployment are used. It results in faster shipping of applications.
- Resilience: These services can survive outages and failures and remain online as disaster recovery mechanisms are available in the cloud.
- Cost-effective: As these applications are cloud-based, computing and storage resources can scale as needed. Thus, eliminating the need for overprovisioning. Businesses can use containers to maximize the number of microservices run on the host. It saves time, resources, and money.
- Easy to manage: As cloud-native applications use automation, developers can track all microservices and components as they are updated. The team can focus on a specific microservice without worrying about how it will interact with the other services.
- Visibility: It is easy for the teams to study applications and learn how they function together, as a microservice architecture isolates services.
Read more: Cloud Migration Strategy: 7 Steps To Accomplish A Flawless Transitions
Key Takeaways
Cloud-native application development is here to stay. Businesses will continue to use cloud-native technologies for agility and efficiency benefits. Most importantly, it is a cost-effective way to architect new applications. Businesses must consider the tradeoff between cost, effort, and time involved in moving to a cloud-native architecture.
The transition towards a cloud-based digital-first organization can be hassle-free when you have the right partner to guide you through it. At Fingent, our developers have the experience and know-how to do it right for you.
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The “cloud” is a part of an evolution in IT services. IT services took the mainframe and turned it into the cloud. In the beginning, the on-premise IT department was the be-all and end-all. Over time, things have changed. There began a shift in service providers, service levels expectations, and experiences.
Businesses that leverage cloud capabilities uncover new possibilities and alternatives to fulfill the everchanging demands of their business. This is the time for businesses to think beyond cloud migration.
Most businesses see cloud adoption as the culmination of the journey. Instead, they must recognize that the cloud is a future-proofing continuum. A technology that provides flexible access to a collection of dynamic, ever-improving services.
The pandemic has hastened the cloud adoption pace so NOW is the opportunity to build on this momentum and continue transforming at this new pace. Why?
Why Do Businesses Need To Think Beyond Cloud Migration?
Soon, any app or infrastructure that is not based on the cloud will be considered a legacy. Cloud is no longer a mere technological approach for delivering applications. It will serve as a foundation for corporate innovation and a sustainable supply chain.
When organizations employ the cloud as a future operating model, they set up a technological base that will assist them today and into the future. The cloud continuum includes various forms of ownership and location. All these are dynamically enabled by next-generation connectivity like 5G.
Cloud continuum helps businesses visualize a path from on-premises to cloud migration. Businesses can apply the continuum concepts throughout their technology stack. This includes everything from infrastructure to network to apps, and beyond.
Read on to find out how cloud continuum strategy can help your business realize its full potential.
Read more: Cloud Security Best Practices | Why is cloud security important?
How Cloud Continuum Strategy Can Help Businesses Realize Their Potential
The cloud continuum is made up of several technologies. Setting clear priorities will support all elements of the business and this will help all in your organization to move together towards your business objectives.
- Achieve best possible results: The cloud continuum strategy enables companies to collect incremental feedback. Such feedback will help businesses adjust their aims to obtain the best possible results. This way they can constantly align their objectives.
- A catalyst to accelerate innovation: The cloud continuum is a readymade strategy. It helps organizations improve decision-making and capitalize on new possibilities to disrupt and distinguish through accelerated innovation. It is a new-age innovation accelerator essential for increased agility and future-ready business advantage.
- Elevate customer experience: Businesses can elevate customer experience to the next level with the cloud continuum.
- Enhanced skill and talent: The cloud continuum strategy will contribute to an efficient and effective work environment. It addresses gaps and continuously adapts to change as a continuum best practice.
- Manage scale awareness: The cloud continuum addresses the challenges an organization faces with regard to computing, performance, and latency limits.
- Improves ecosystem network effect: Improvement of network ecosystem depends on the number of ecosystem personnel and their engagement. The more value drivers you have, the better is quantity and quality of the participants.
Read more: Improve Business Planning with SAP Analytics Cloud!
Keys To Unlocking The Potential Of The Cloud Continuum
Holistic and human-centric cloud continuum strategy depends on speed and change. You need agile techniques that can capitalize on continuous enhancements. Here are four keys that will help you unlock the potential of the cloud continuum:
1. Have a clear vision of your goal
Your cloud continuum strategy must address:
Vision: Establish future goals for a resilient and sustainable business. Also, devise a strategy for technical debt reduction.
Competitive landscape: Every organization has weaknesses and vulnerabilities that a competition seeks to take advantage of. Hence, identify any gaps in the supply chain and competitive ecosystem.
Skills and talents continuum: To achieve your business goals in the future, you need to locate and retain relevant skills and expertise today. The foundation you build today will enable you to define your pathway and help you win the talent war.
2. Establish cloud practices
Be agile and adaptive: Make sure you combine technology adoption with strict discipline. This will allow you to modify your non-technology areas as computational advances. Doing so will help you steer ahead of your competition.
Incorporate mobility into the creation of new processes. This will allow for more flexibility in the future.
3. Deliver extraordinary experiences
Recognize that experience is at the heart of your business: Customer experience and employee experience can be a gamechanger for your business. Hence, ensure to make your investments available and accessible to both your employees and customers.
4. Stick to your cloud continuum strategy
Stay on your business journey by sticking to your strategy: You may face several challenges in helping various departments in your organization to understand and stick to your cloud continuum strategy. However, do not give up on your strategy. Educate and encourage everyone in your organization to comprehend and comply with the strategy.
Do you still feel unsure? Here are some use cases that will help you see how some major organizations were reinvented on the cloud continuum.
Read more: Cloud Migration Strategy: 7 Steps to Accomplish a Flawless Transition
How Organizations Are Being Reinvented On The Cloud Continuum
3M
During the pandemic, 3M plants struggled to gather, transfer, and use the data from their production systems. The organization then pushed the data from the plant’s on-premises SQL Server to Azure SQL Edge. This enabled a faster and more streamlined process. By the end of 2020, 3M was able to double its production of N95 masks.
Sephora
Sephora uses AI and AR to provide extraordinary experiences to all its customers.
Starbucks
Starbucks is well-positioned in the cloud continuum. It continues to innovate and grow despite socio-economic upheavals. It was able to stay ahead of its competition because it collects feedback and adapts its goals continuously.
It also ensures to provide a personalized experience for 100 million weekly customers by creating AI-driven recommendations.
Are You Ready For The Cloud Continuum?
The past year has been a witness to how fast an organization can pivot in the face of a crisis. Now is the golden opportunity to unlock your business potential with the cloud continuum. You too can stay ahead of your pack by becoming a continuum competitor. Partner with Fingent top custom software development company and see for yourself how your business will be transformed to be faster, more agile, and more successful. Let’s get talking!
Digital transformation was already happening across every industry, but the pandemic has accelerated the pace. Unfortunately, while many organizations have embraced the reality of rapid change, some of the companies have been slow to adopt new technologies.
Looking specifically at cloud solutions, companies that migrate some or all of their digital assets to the cloud can achieve transformational results. It is helping companies to innovate faster, modernize outdated infrastructure, get better insights from their data, scale globally, and restructure the existing business models to create better customer experiences.
Cloud migration allows easy access to data and applications from anywhere, making business functions smoother and simple to operate. This blog will help you understand why you need cloud migration now and the drivers that boost legacy cloud migration.
Why should you consider migration to the cloud?
Cloud migration can improve the performance and competitiveness of your organization. Often, system performance is poor, and maintenance costs are high. Any incompatibility with new technologies can cause problems when altering these systems as they cannot keep up to date at the same speed at which your business needs to innovate and scale. Additionally, lack of vendor support and regular updates for old systems can compromise the data security, making application migration to the cloud imperative.
Read more: Cloud Migration Strategy: 7 Steps to Accomplish a Flawless Transition
Common challenges associated with cloud migration
Cloud migration can be complex and risky, and many organizations face challenges during the transition.
1. Poor strategy and planning
Many organizations migrate to the cloud without proper planning or a good strategy. For a successful cloud implementation, organizations must plan well. As every application and dataset has different requirements, they will need a different approach to cloud migration. So, enterprises must have a valid business case for every workload it migrates to the cloud.
2. Vendor lock-in
This is a common problem faced by organizations that adopt cloud technology. While cloud providers offer many services, these services sometimes cannot be extended to other cloud platforms. Many organizations that start using cloud services often find it difficult to switch providers if the existing provider does not suit their requirements.
3. Data security and compliance
Data security and compliance are major obstacles to cloud migration. Cloud services often use a shared responsibility model in which they take the responsibility of securing the infrastructure while the organization takes responsibility for security data and workloads. It means you are responsible for configuring the security measures correctly and ensuring that all services and applications have proper security controls.
4. Cost Management
Many companies don’t have clear KPIs to understand what they plan to spend or save after migration, making it difficult to know if the migration was successful from the cost point of view. Additionally, as the cloud environment is dynamic, the costs can change as new services are adopted, and application usage grows.
Read more: A Comprehensive Guide To Modern Cloud Application Development
What are the drivers that encourage cloud migration?
1. Hassle-free digital transformation
With recent advances in cloud computing, leaders can digitize their core functionalities such as SAP, CRM, data analytics, and more. From innovating to improving productivity to unlocking new sources of revenue, the cloud provides endless opportunities to enterprises that migrate away from legacy systems.
2. Accelerate growth
Whether it is organic expansion, mergers, or acquisitions, technology is accelerating organizational growth. Organizations leveraging the cloud can integrate new acquisitions seamlessly with the existing platforms and also scale rapidly using auto-scaling functionality and flexible data management services.
3. Better Security
Data security is turning significant. By migrating to the cloud, enterprises can update their IT infrastructure according to the latest practices and protect their applications from malicious hacking attempts.
While many leaders mistakenly think that the cloud itself makes an organization secure, in reality, it empowers groups to implement governance, strict security policies, and compliance guardrails needed for their operations.
4. Improve business agility
To stay ahead of your competitors, you must be agile. It means you need to have access to flexible and on-demand IT resources. With the cloud, over 99% of resources are available on-demand. Also, enterprises don’t have to wait endlessly for any hardware component and installation. They can lease valuable capabilities from their cloud providers and get to the market faster.
5. Reduce costs
Yet another reason for businesses to migrate to the cloud is to reduce IT costs. You can easily find the right-size resources in the cloud according to your business needs and cut unnecessary costs. Also, companies can adjust capacity needs whenever the need arises and eliminate unnecessary hardware.
6. Merge data centers
With cloud computing, companies do not have to manage their own on-premises data centers. Instead, they can outsource back-end responsibilities to their cloud providers and use their resources for higher-value activities. Additionally, companies can consolidate their operations and distribute cloud services whenever needed, improving efficiency.
7. Leverage modern technologies
Migrating to the cloud allows businesses to leverage new technologies. For example, companies can take advantage of AI and machine learning which are not feasible on-premises. They can also take advantage of complex cloud-native technologies such as Kubernetes containers and data lakes easily.
Read more: 6 Reasons Why The FinTech Industry Should Embrace Legacy Cloud Migration
Conclusion
To avail of the migration benefits, you must successfully move your on-premises IT infrastructure to the cloud. As a cloud expert, we help understand the challenges and help you make a smooth transition without disrupting your current operations.
At Fingent, we offer a single control plane for the performance and security products to ensure seamless legacy cloud migration. In addition, we enable easy integration with public, private, or hybrid cloud. So connect with our experts today, and know, how we can help you take your business to new heights with seamless cloud migrations.
How does legacy cloud migration ensure business continuity in FinTech? Explore in this article.
Did everyone have Business Continuity Plans in place and protocols to follow during the pandemic? Yes, definitely. Did anyone expect a disaster of magnitude like this? Not in their wildest dreams or gloomiest forecasts! The pandemic forced hundreds of millions of employees to shelter in place, essentially moving all operations online. Not all organizations were equipped with the needed technological tools, and most businesses were caught off-guard. FinTech companies were not immune to the aftermath.
For example, pre-COVID-19, it is true that a few FinTech organizations began migrating to Cloud. But, conversely, there were many who hesitated to embrace the cloud migration strategy because of legitimate concerns over critical factors such as rising costs, managing complex business data and workloads, re-training existing IT staff, and more.
The pandemic was a wake-up call that helped businesses identify legacy cloud migration as a relevant and vital choice. Though most companies have realized that modernizing old, outdated business applications can boost productivity and increase efficiency; some are still hesitant about their cloud migration strategy.
Read more: 11 Practices Followed by Leaders to Build Resilience and Ensure Rapid Business Recovery
This blog explains why FinTech organizations must consider legacy cloud migration seriously and what are some specific benefits of cloud migration strategy.
What is legacy cloud migration?
Legacy cloud migration involves moving on-premise applications, outdated software, or programs that a company has relied upon for years. These applications may include everything from sales or CRM applications to industry-specific applications. Some FinTech organizations may be reluctant to migrate to cloud just because legacy cloud migration is a daunting project. However, maintaining a status quo can be detrimental to your business growth.
Read more: Why modernize your legacy systems? What’s the best approach to legacy systems modernization?
Legacy cloud migration is the only light at the end of the tunnel
The pandemic has triggered a significant reexamination of FinTech businesses and their IT priorities. Gartner predicts that “by 2022 cloud shift across key enterprises IT markets will increase to 28%.” This era of economic uncertainty caused by the pandemic affected all businesses, especially, FinTech organizations. A report from Yellowbrick showed that 84.3% say cloud computing is more important than workplace disruption.
Thankfully, cloud migration strategy was available when it was most needed – a phase when maintaining business continuity has become a priority. Consider the most important reasons for legacy cloud migration.
Why FinTech Companies Should Embrace Legacy Cloud Migration
1. People matter more than premises
As the pandemic hit the world with one wave after another with no time to catch a breath, there was a dire need for remote self-service technology. The massive role played by people working from home is a clear indication that people matter more than premises. A year ago, cloud migration strategy was considered discretionary. Today, work from home has made cloud migration mandatory.
Read more: Why It’s Time to Embrace Cloud and Mobility Trends To Recession-Proof Your Business?
Hence, now is the time for FinTech organizations to plan for their business continuity to remain adept for future upheavals, disruptions, or even disasters. When your organization migrates to cloud, you ensure your teams’ effectiveness while working remotely.
2. Prepare for the next
Though the pandemic is wreaking havoc, it will recede in due time. However, what remains is a possibility of a similar recurrence of disruption in the future. Hence, FinTech organizations must prepare for future disruption by recognizing that the calamity to come may not be another pandemic but its functional equivalent. Legacy cloud migration will equip you to face any future disruptions and remain resilient.
3. Facilitate real-time payments
Banks are well aware of the advantages of real-time payments. The race is on for upgrades and integrations that allow organizations to leverage real-time payments. A survey of over 500 executives indicated that 71.9% are ‘extremely interested’ in such payment capabilities. Above all, cloud brings in scalability and agility to real-time payments. Cloud migration strategy can improve the speed and consistency of transactions. Besides, it can enable fast and frictionless transactions.
Legacy cloud migration allows banks to adopt digital payments. Banks can address many of their traditional payment pain points, such as spikes in demand.
Collaborating between payment players and cloud service providers can help your organization provide a more secure digital experience for your customers. This is of paramount importance in a world where contactless interaction is the key. According to a McKinsey survey, banks that adopt digital transformation were able to increase customer satisfaction by 15-20%, reduce cost by 20-40%, and boost conversion rates and growth by 20%.
While consumer expectations and payment preferences continue to evolve rapidly, cloud migration strategy will help FinTech industries to stay relevant and continue to grow.
Read more: Safeguarding IT Infrastructure From Cyber Attacks – Best Practices
4. Scalability and flexibility for an uncertain future
FinTech firms need an infrastructure that can grow with them and protect their business from future disruptions. Migrating to a cloud platform equips FinTech firms to adapt to branch closures while extending banking services to as many people as possible. Legacy cloud migration provides the agility to scale with speed while saving on on-premise infrastructure that is comparatively expensive to maintain and upgrade. Moreover, it can provide your organization the needed accessibility, flexibility, and scalability during economic downturns.
5. Manage risks and compliance
Efficiency, automation, and cloud-based delivery will be critical for compliance operations. It is vital to use next-generation technology and emerging digital approaches to optimize risk modeling. Since legacy cloud migration is agile, flexible, and low cost, it can solve many challenges in operational risk and financial crime compliance activities. Additionally, solutions deployed in the cloud can assist with operational challenges.
6. Data management
Acquiring large quantities of accurate data is a top priority for all FinTech firms. Their success depends on all the information they must collect, from onboarding to analyzing their spending habits. Cloud migration strategy enables your firm to gather and store data securely while allowing your designated employees to access it from anywhere when required.
Read more: Cloud Migration Strategy: 7 Steps to Accomplish a Flawless Transition
The FinTech industry is at a crossroads now. How it responds to the current crisis will determine its future. The key to the survival of FinTech companies will be the rapid digitization of their business and the adoption of cloud migration strategy. Migrating to the cloud is as important as the historic move from typewriter to computer. Cloud migration has become a global force for business growth. It can reduce overhead costs and help your team focus on increasing productivity and performance.
Cloud migration strategy will become inevitable as the FinTech industry builds a more accessible financial world. By partnering with a cloud migration services provider like Fingent, you will be able to quickly and seamlessly migrate to the cloud without disrupting your business. We also help you build FinTech applications and platforms leveraging the latest technology in the market. So, give us a call, and let’s get talking.
6 Hot Technologies that Handhold Businesses Amid COVID-19 Impact
The COVID-19 pandemic has had wide-ranging ramifications for several businesses. Forrester predicts that the retail sector will endure a 2.1 trillion-dollar loss in 2020 due to COVID-19. It also said that it will take four years for retailers to experience the growth seen before the pandemic. As COVID-19 continues breathing threats down the neck of businessmen, hot technologies are emerging as a relief to counteract them and lead businesses towards their goals. We will discuss a few of these specific technologies such as cloud, eCommerce, eLearning, automation, virtual collaboration, and contactless services that can help you minimize the effects of COVID-19 on your business.
Read More: Fingent’s Response to COVID-19 Business Implications
1. Cloud Adoption During COVID-19
With physical interaction no longer being an acceptable form of communication, organizations and institutions have had to swiftly shift to digital solutions to retain productivity. The domino effect of COVID-19 was seen in various sectors, accelerating the adoption of facilities for seamless remote work. Cloud computing has emerged as an essential technology for critical application and scalability of infrastructure in this regard.
Companies from various sectors are now starting to realize the benefits and value of cloud computing as far-reaching beyond the scenario created by the pandemic. As a result, businesses will have to scale up their digital transformation efforts and invest in cloud resources without delay. If anyone had reservations about investing in cloud computing before this, COVID-19 has proved that its necessity is indisputable.
Read More: 5 Trends That Will Transform Cloud Computing in 2020
2. E-Commerce
CCInsights reported that as of 21 April 2020, US and Canadian e-commerce orders have seen a 129% increase.
With restrictions on the number of people that can be gathered in one place, gone are the glory days of shopping malls and brick and mortar stores. COVID-19 has changed shopping behaviors overnight, necessitating brands to adapt and be flexible to meet changing needs.
For example, the Buy Online Pick up In Store (BOPIS) capability has become vital to maintaining sales volume with the restrictions in mind. A good example of this is the mobile phone industry. When foot traffic is curbed, then Mobile Point of Sale programs can be set up to take orders and payment at the same time for business continuity. Membership or Loyalty cards can be now digitalized through mobile applications.
Read More: How a Smart Product Ordering System Helps Retailers and Wholesalers
3. Virtual Collaboration
Many developed nations are now stipulating that employees of non-essential businesses work remotely for an indefinite time, making video conferencing vital. Schools, colleges, and universities are also leveraging video conferencing platforms through live or recorded lectures.
This has brought many virtual collaboration solutions to the forefront that facilitate video conferencing, instant messaging, task and calendar management, work collaboration, file sharing, attendance tracking, and so on. A few examples include Zoom, DingTalk, WeChat Work, Zoho Remotely, and so on.
At Fingent top software development company, we use InfinCE, a powerful cloud-based enterprise collaboration software that offers support for remote work.
Read Our Case Study: How Fingent enabled a smarter digital workplace solution for Sony Mobile
4. E-Learning
During this time of crisis, the entire education ecosystem is coming together to ensure that students do not suffer. Educational applications, platforms, and resources offer functionalities across multiple categories such as:
- Resources to provide psycho-social support
- Digital learning management systems
- Digital systems designed for use on basic mobile phones
- Massive open online course platforms
- Self-directed learning content
- Mobile reading applications
- Tools for teachers to create digital learning content
Read More: E-Learning Taking A New Front: How Can LMS Technology Help
5. Automation
Automation has been helping businesses mitigate disruption by enabling them to stay connected across teams and systems while maintaining customer support in times of uncertainties such as this pandemic.
Robotic Process Automation improves the efficiency and reliability of work outcomes and automates the time-consuming, repetitive tasks that weigh down intelligent workers. The benefits are:
- Digital workers do not need to have the weekend off. They can work 24 hours a day, 24/7 to respond to spikes in business activity.
- They do not have travel restrictions nor are they at the risk of COVID-19 infection or affected by physical office closure.
During the pandemic, companies that have already invested in automation technologies are doing exponentially better than those who did not. It is obvious, that automation can pave the way for a better future.
Read More: How Automation Ensures Businesses Stay Afloat During COVID-19 Crisis
6. Contactless Services
The coronavirus pandemic has driven a preference for self-service purchasing, boosting contactless services. Consider a few examples available now and upcoming in the future:
- Dining experience: Technology can take care of everything: reserving a table at the restaurant, pre-ordering your food, digital valet services, contactless seating, contactless payment, and online feedback.
- Contactless payment: It lets shoppers integrate their payment information to their loyalty account through an app and then use a QR code for payment through self-checkouts.
- Contactless delivery: This ensures end-to-end hygiene because a customer places an order, makes the payment online, and gets the food delivered without ever coming in contact with the delivery agent.
Read More: Contactless Services: The New Normal in Retail
Grab a Slice of Hot Technology
While the end of the pandemic remains elusive, capturing even a slice of these hot technologies could make a huge difference to businesses. They can even help smaller businesses gain a stronger foothold during this pandemic and into the future. Get in touch with us and help us guide you through this pandemic by implementing the right technology solutions for your business.