Given the current climate with COVID and the need for employers to work remotely, whether this be from home, or being socially distant from each other, the ability to work and collaborate remotely is paramount. Cloud storage and content management solutions such as Egnyte, SharePoint and G Suite are perfect for those in the Enterprise looking for simple and scalable content management solutions.
File Servers, the beasts that live in the cupboard and seem to constantly eat up your time and money, whether its engineering VPNs, replacing hardware or dealing with slow speeds accessing files. Moving your files, content and data into the cloud has many added benefits these range from the ease of collaboration, the simplicity of management and the reduced costs - not to mention the scalability.
See below for some quick fire stats.
Impact
The average cost of server downtime costs organizations $100,000 per an hour on average. Based on this and the fact that 40% of people believe it would take an entire day to recover from an outage, you could be looking at anywhere between $800,000 to $2,400,000 of loss. This doesn't include the 25% who believe it would take days or weeks to recover.
Big Data
In case you weren't aware, data is the new currency and it is growing, in fact it is expected to grow at 10x or more in the next 5 years. If you have 10TB now, in 5 years time you will be looking at 100TB. How do you intend to scale your network, storage and other server resources to meet these demands? Not to mention 79% of enterprise executives believe that those that don't embrace big data will face extinction via not embracing the competitive edge information offers.
Cost
The cost of dedicated file serves on site averages out at around $6,000 for the hardware, then for the installation of it you will be looking at $500 for 4-5 hours work of installing. Then we move onto the recurring maintenance - depending if you outsource or have this internally, this can range from $75 - $150 per hour - those yearly updates will soon add up. Then you have the cost of repairing or replacing hardware. Also don't forget to take into account cooling, power, UPS, a dedicated room, physical security measures, VPNs.
Savings
According to Sherweb over a five year period, a company would save an average of 79% of its IT budget by moving to a cloud solution. Not to mention most companies replace their on-premise file servers every five years. With that spare budget you can invest in new team members, personal development or into other areas that are currently neglected.
Productivity
Not only does moving to the cloud retain revenue and prevent downtime, remove VPNs and also empower collaboration and productivity. But moving to a cloud can improve a business's agility by 29% and shorten payback times by 30%.
Move your server to the cloud with Movebot
Want to know more or how to get your content to the cloud? Our Movebot knowledge base has plenty of information to help you get your file server to the cloud. And our data moving tool makes it easy. Move terabytes of files per day from file servers to the cloud with ease and be ready to work in your new cloud environment right away. Try Movebot free for 14 days and get your files moving!
