It is quite evident that the ongoing pandemic has significantly changed our lives. However, we must also agree that the pandemic has also proven to be a blessing in disguise for the Cloud segment. Recently a research report was released by Centrify, a popular provider of Identity-Centric Privileged Access Management (PAM) solutions stating that various enterprises have accelerated their cloud migration efforts to modernize their IT infrastructures to deal with the ongoing pandemic. The use of the cloud has ramped up the efforts of various companies to meet the challenges of using the cloud. Companies are looking back at the strategies to see what stronger they have emerged post-Covid, and they are looking for the right spots to increase agility and resilience.
Flexibility is a major factor for companies to choose cloud, and it also reduces the cost of setting up on-premise servers. Unforeseen events have forced companies to have business continuity plans in place. By adopting the cloud, you can deploy new experiences in a short period of time. Organizations around the world went into lockdown in early 2020 to contain the virus spread. This had forced various organizations to migrate to the cloud to support remote working. This shift had created a massive demand for cloud computing services.