Over the past two years, organizations around the globe have embarked on a tumultuous journey. The COVID-19 pandemic has brought about unprecedented changes, making productivity and agility more relevant than ever. Despite significant economic challenges, small and mid-sized businesses (SMBs) have demonstrated resilience and determination. Their survival has been primarily due to the adoption of technology solutions.
As we look to the future, it’s clear that the success of businesses, particularly SMBs, hinges on their ability to enhance speed, adaptability, and productivity. This requires focusing on two key areas: business agility and productivity optimization.
The journey towards improved productivity and agility involves several strategies. For instance, businesses should adopt cloud technology to boost organizational agility to overcome slow resource provisioning – a common issue with traditional IT infrastructures. Additionally, moving away from monolithic legacy systems can enhance both agility and productivity. SMBs should also consider adopting DevOps practices over conventional app development methods to increase their ability to innovate and launch compelling offerings, thereby expanding their market share. DevOps can accelerate the transition from planning to production and speed up innovation – a critical factor for future growth.
However, it’s important to note that adopting these technologies can increase the complexity of IT infrastructure environments and escalate cloud costs. Therefore, SMBs must strategize effectively to manage cloud costs and leverage techniques like automation to streamline processes.
Utilizing the Potential of Cloud
SMBs and midmarket firms are constantly exploring innovative ways to enhance their operations, and cloud technology has emerged as a promising solution, offering agility and operational efficiency. Unlike the conventional practice of hosting applications on-premises, cloud computing enables the deployment of applications across multiple platforms without the need for physical infrastructure, thereby allowing businesses to adapt quickly to changes in their business environment.
Increasingly, businesses are migrating workloads to the cloud to expedite time-to-market, enhance efficiency, and bolster resilience. According to Techaisle’s research on SMB and Midmarket Cloud Adoption Trends, many businesses are shifting their focus toward the cloud. Specifically, 41% of SMBs and 45% of upper midmarket firms are actively investing in migrating more workloads to the cloud. Furthermore, there is a growing trend towards utilizing multiple public clouds, with 39% of SMBs and a notable 55% of upper midmarket firms increasing their usage. They are adopting a multi-cloud strategy to adapt to evolving demands, utilizing various cloud providers and services tailored to their specific needs. Consequently, the cloud environment has become more open and interoperable, ensuring that applications function seamlessly on any cloud infrastructure, regardless of the provider.
Furthermore, cloud-native technologies like Kubernetes and containers have revolutionized application deployment and management. Containers have simplified application development, testing, and deployment across various clouds by encapsulating applications into self-contained units, facilitating smooth migration between environments. Kubernetes is an orchestration framework that simplifies container management by providing automatic scaling, load balancing, and fault tolerance. By embracing containerization and Kubernetes, businesses can achieve application portability, reduce dependencies on specific infrastructure, and enable seamless multi-cloud operations.
For many SMBs and Midmarket firms, the journey towards migration and modernization commences with containers. These tools offer significant benefits, such as faster app deployment and updating, which 44% of these firms recognize. However, it’s worth noting that 66% of SMBs and midmarket firms are still exploring the potential of containers. Among the midmarket firms, 29% are already utilizing containers in various areas, including development, modernization, and migration.
Evolution from Virtual Machine (VM)-Centric Development to Cloud-Native Containers
In the past, virtual machines (VMs) have been instrumental in application virtualization, allowing companies to operate multiple virtual servers on a single physical system. However, VMs have certain limitations that can hinder application mobility and agility. Each VM houses an operating system and runs its own applications, which can lead to resource inefficiencies and elevated overhead costs.