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What is Cloud-Native Technology And Should You Use It?

Cloud-native technology is a set of principles used to build and manage applications that can completely leverage cloud computing benefits.

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Cloud Computing Services

The arrival of cloud computing technology has revolutionized the way modern businesses operate. It offers a wide array of benefits, including increased flexibility, reliability, and scalability. It’s become one of the key catalysts behind the digital transformation of new-age business organizations.

Whether you’re running a small startup or a global corporation, you likely already use cloud computing in some form or the other. Even if you’re running an offline enterprise, you must have used cloud servers to store your business data and other digital assets.

It isn’t surprising that the global cloud computing market was worth $371.4 billion in 2020. Moreover, it’s estimated to reach $832.1 billion, with a CAGR of 17.5%. The popularity of cloud computing has further skyrocketed due to the current COVID-19 pandemic.

This means cloud computing is capable of much more than simple storage. You have to know how to gear its potential to the fullest. This is where cloud-native architecture steps into the picture. It lets you leverage the full capabilities of cloud-based environments to build and run business applications.

However, if you are latest to the world of cloud computing, you might be sceptical about using cloud-native applications for your business. In this blog, we’ll delve deeper into the world of cloud-native technology and identify its pros and cons. Let’s get started.

Cloud Computing The Pros Cons

1. What is Cloud-Native Technology?

Put merely, cloud-native technology is a set of principles used to build and manage applications that can completely leverage the benefits of cloud computing. This, in turn, means developing, testing, deploying and operating software applications on the cloud end-to-end.

Cloud-native applications are different from their cloud-based counterparts. Unlike cloud-native applications, cloud-based ones are modified to work in cloud-based environments. That’s why they don’t let you exploit all the benefits of cloud computing models.

On the other hand, cloud-native applications are specifically built for the cloud. Typically, they comprise independent and loosely coupled components called microservices. Each microservice is a small application that performs a specific business function or task.

These microservices communicate with each other using application programming interfaces (APIs). Also, they’re grouped into containers and eventually deployed on the cloud. This approach of software development is in sharp contrast to the traditional style of building monolithic applications.

Are you still wondering whether it’s a good idea to start utilizing cloud-native development? Let’s take a look at its advantages and disadvantages to help you make an informed decision.

leverage cloud computing benefits

2. Benefits of Cloud-Native Technology

According to a 2018 report by IBM, 77% of non-cloud apps will switch to cloud-based environments by 2021. Also, 25% of existing cloud-based apps will be revamped to become cloud-native. With 2 out of 3 companies already leveraging cloud-native technology, it’s high time you consider using it.

Here are the key benefits of using cloud-native applications for your business:

a. Scalability

Cloud-native applications that are equipped to handle 50 users can also accommodate 500 users when the time comes. This is because cloud environments allocate resources on-demand.

Also, you can improve their functionality by tweaking individual components instead of disrupting the entire application. It ensures that once an application is built, it can easily accommodate your business’s growing needs.

b. Speed

The use of independent microservices and containers ensures that cloud-native apps can be easily tested and modified. Instead of working on the entire application, a developer can focus on weeding out bugs in specific microservices. This, in turn, escalates the overall speed of the development process.

c. Automation

Most modern cloud-native apps are designed to support DevOps and agile practices. This, in turn, helps automate various tasks, such as software deployment, delivery, and maintenance.

Logical Reasoning aided by Automation

d. Resilience

Cloud-native applications are mostly immune to any faults in the network, hardware, or software. Even when there’s a failure, you can quickly isolate it to a specific component. This, in turn, means cloud-native apps are fault-tolerant and offer higher uptime.

e. Cost-Effective

Cloud-native development saves you from the hassle of purchasing and configuring specialized hardware to test and deploy applications. This, in turn, makes the process more cost-effective in the long run.

3. But There’s a Catch…

While the advantages of cloud-native architecture are aplenty, it comes with a few critical shortcomings. To begin with, applications deployed and run on the cloud aren’t immune to cyberattacks and breaches. Also, the security tools and processes used for traditional software applications aren’t fit for cloud environments.

This means you need to use a specialized cloud-native security platform to protect your applications. Such a platform will provide you with the right security tools and processes to handle dynamic cloud computing models. However, they come at an additional cost.

Also, the transition from traditional, legacy software to cloud-native apps can be challenging. You’ll need to provide your team with adequate training to work in a cloud-native environment. If your team doesn’t have the resources or expertise to build such apps, you’ll need to hire skilled developers. Again, this means more expenses.

4. Final Thoughts

So, the decision to use cloud-native apps ultimately boils down to your resources, skills, and personnel. While they’re easily manageable and scalable, the initial transition requires significant financial investment. Also, it would help if you implemented specific cloud-native security measures to safeguard these apps.

Does your business use cloud-native applications? Share your cloud technology experience in the comments section below.

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Business

Upgrades That Will Help Your Business Thrive

Once you’ve identified your goals and how to attain them, you can then grow your business in specific areas according to what you want to achieve.  The following 13 upgrades cover common areas of business that typically need developing:

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Upgrades That Will Help Your Business Thrive

Continuous improvement should be the primary goal of any business.  While it takes time and effort and some financial outlay, it’s crucial to continue growing and striving toward becoming the leader in your field.

This guide offers 13 ideas to help your business grow, increase your customer base, improve your productivity and boost your bottom line.

Start With A Solid Foundation

Before you commit to growth you should ensure your business is built on solid ground.  Here are some tips to help you begin:

Know your business – the use of tools such as benchmarking, market research and trend analysis will help you get a better picture of the factors affecting your business.

Take charge of your finances Make a commitment to understanding your daily, weekly, and monthly figures. Unless you have a dedicated accountant, you need to have a thorough understanding of your financial situation.

Prioritize your goals – identify those business goals which can be achieved relatively quickly and those which will require more time and financial investment. Make sure the goals you set are relevant and can be achieved in a realistic timeframe.

Develop a plan – once you’ve identified your goals, you will need to develop strategies to realize them and the best means of implementing those strategies.

Make your results measurable – work out how you are going to measure your results.  You may want to introduce devices such as a point system or desired percentage increase.

13 Ways To Upgrade Your Business

Once you’ve identified your goals and how to attain them, you can then grow your business in specific areas according to what you want to achieve.  The following 13 upgrades cover common areas of business that typically need developing:

Include reviews – today’s consumers place great value on the opinions of their peers when it comes to buying products. Upgrading your website to include customer reviews will help to increase sales and boost customer confidence. Be sure to include both good and bad reviews if you want to be taken seriously.

Upgrade your internet an upgrade to FTTP (fiber to the premises) now will pay big dividends for your business down the line and it doesn’t have to cost you anything.  Qualifying businesses connecting to high-speed NBN plans can enjoy a $0 upfront cost.

Computer Monitor and Other Remote Work Must-Haves

Introduce automation – there is a multitude of software and applications designed to reduce labor costs and increase productivity. Many are inexpensive and can free up small business owners, allowing them to focus more on growing their core business.

Increase your social media presence – rather than just a Facebook page and a presence on Instagram and Twitter, you should look at other forms of customer interaction such as articles, sponsorship, blogs, and webinars.

Start networking – as well as an online presence, you need to get out there more and attend industry-related events such as expos and seminars.  This is, not only to network with others in your field but also to forge new contacts with like-minded businesses, with cross-promotion in mind.

Create a rewards program – think of ways to reward your existing customers to maintain their loyalty and incentivize them to buy from you again.  These could include early access to specials and exclusive offers not available to the general public.

Create an email list – email addresses of existing customers are a valuable resource you should be taking full advantage of.  Send those on your mailing list regular reminders of what you have to offer, but make sure it’s valuable content rather than what could be perceived as spam.

Ask for feedback – another valuable resource is your customers’ opinions.  Ask them what they think of your products and then use this feedback to improve your product line and customer service.

Streamline your business – identify which products aren’t selling, which employees aren’t performing and any other areas that may be holding you back.  Make changes and be ruthless on behalf of your business.

Reduce overheads – look at ways to cut costs within your business such as transitioning to a remote workforce or outsourcing business processes such as payroll, HR, and bookkeeping.

Invest in your people – good staff morale translates into good customer service. Provide your employees additional training, advancement opportunities, and a fair wage to ensure a healthy company culture.

Improve your credentials – reduce your carbon footprint, introduce sustainable processes and practice corporate responsibility in order to retain and grow your customer base.

Increase cybersecurity upgrade your cybersecurity systems to make sure you are protected from the latest threats from hackers, malware, etc.  This is particularly important if you have a remote workforce.

Roughly half of all small businesses don’t make it past their fifth year of operation, so continuous improvement needs to be a priority from day one. Adopting just a few of the measures suggested here should help keep your business on trend, competitive, and above all, profitable.

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