Kodak. Blockbuster. IBM. Each of these companies once dominated their market but failed to innovate to keep up with the challenges of digital transformation, significantly limiting their market share. On-premise servers are also seeing significantly reduced popularity, being replaced with cloud-based servers that deliver better uptime with superior pricing. Is it any wonder, as our world passes through digital transformation, that MSPs are facing similar challenges?
The On-Premise Server
When mainframe computers began to give way to terminals and central servers, businesses were able to drastically improve the availability of computing power for their employees. Instead of having to submit a job and wait until the mainframe had finally gotten around to processing it, employees could either process jobs on their local terminal or submit it to the server. The on-premise server was revolutionary for the time, but as the internet has advanced, so has technology and networking. On-premise servers are being left in the past as the move to cloud-based servers and software grows exponentially with digital transformation.
The Importance of Innovation
If your MSP service can’t offer cloud solutions for your clients, your company will fade away as your competition takes over your current market share. Cloud solutions became much more popular during the COVID-19 pandemic, and with many employees choosing to continue working from home, we can expect these types of solutions to remain more popular and grow over time.
The Data Behind Cloud Services
What kind of argument is there in favor of offering cloud services and solutions to your clients? Here are a few statistics to help you understand the demand behind these options:
- The global cloud computing market, estimated at $371.4 billion in 2020, is expected to grow rapidly to a projected $832.1 billion by 2025, a growth rate that is about 17.51% CAGR.
- 94% of enterprises store information and software in the cloud, and it’s expected that by 2025, this data will approach 100 zettabytes, or about 1 billion terabytes.
- Cloud security is a big deal, with 88% of data breaches being due to human error, 75% of companies concerned about cloud security and 48% storing sensitive data in the cloud.
- 74% of company technical chief financial officers’ think that cloud computing has the biggest measurable impact on their business.
Best Serve Your Client Base
Understanding that your clients are the backbone of your business will help you to focus on their needs and desires, including switching to providing cloud services and solutions; it is what your customers require. Take the time to carefully consider which solutions you’ll offer, pursue any necessary certifications to help improve your portfolio in this area, and start by offering these services to your most loyal clients.
At Cloud Services for MSPs, we know how to evaluate your needs and find the solution that works. Call us today at (866) 883-8836 or visit our website at www.CloudServicesForMSPs.com.
