As a company in the life sciences industry, you may be considering cloud-based computing for the first time and how best to migrate your current business processes to the cloud. Due to the sensitive nature of the data companies in our industry deal with, this process can often be stressful.
This blog has been formulated to help guide you on your transition to the cloud and to assist you in finding the ideal cloud provider for your business.
Questions to consider internally before moving to the cloud
Like any major business decision, you want to cover all bases before making the move. Below are a few questions to consider before making the move to the cloud that could impact your business before, during and after the move. This will ensure that you and your employees are on the same page and help foster a smooth transition.
What are your current costs and how much can you save?
Before you increase your company’s overheads, you may want to take stock of where you stand, where you can save, and where you will need to spend more money. While investing in the cloud does require some initial capital investment, there are many other areas that will save you money in the long run.
Considerations for this include hardware and software costs, validation costs and operation management like security updates, patches to name a few. You will also need to account for the level of cloud service you will require, as well as limitations such as space, accessibility and support to inform your decision making.
After these considerations it’s important to note where you will save money in the long term and compare it with your current costs and acquaintance fees in order to provide for the change.
What is the best way to migrate my data from my current solution to the cloud?
Many providers will assist with this, but it helps to establish a migration strategy beforehand, especially when dealing with substantial amounts of sensitive data. There are many tools and applications you can use for this but training, patience and an extreme attention to detail is critical for this process.
Considering how you will migrate also includes introducing and changing some roles within your organization to better support the cloud and the migration itself. These roles include: technical support, IT managers, system administrators and data analysts for example.
How good a fit is your new provider?
Any decent cloud provider will have certifications and standards in place to protect and assure their clients. Keep a lookout for these when selecting your cloud provider, especially if you deal with sensitive and complex data.
The provider should have a roadmap of service development and how they plan to advance and improve their service. From here, you can assess if they’re heading in the right direction and if they’ll be compatible with your own goals in the long run. Topics such as compliance, fail safe and disaster management tools, data security and integrity checks should be top of the list for life sciences companies.
Finally, you should keep a lookout for vendor lock-in tactics on the part of the provider. Some unethical providers put their clients in a position where they cannot easily transition to a competitor. Usually, these practices are as a result of proprietary technologies that are incompatible with other vendors. However, it can also arise via processes or contractual constraints.
Seeking a cloud-computing solution for your company is never an easy task. However, it is a necessary one as technology and competitors evolve. This is no different for the life sciences industry.
As technology improves, so must companies, and migrating to the cloud is something that many companies in the life sciences industry are considering as an investment in the future. Taking the above 3 simple questions into account when migrating will help you make this transition smoother and with less frustration.
If you would like to find out more about cloud-computing, all the benefits that it has to offer such as better security, integrity and convenience, and how it applies directly to the life sciences industry, download our free whitepaper here, or contact EXTEDO to find out how you can fully embrace this new technology to its full potential.