Singapore is almost the most cloud-ready nation in Asia. According to the Asia Cloud Computing Association’s (ACCA) 2016 Cloud Readiness Index, the “Little Red Dot” is ranked in second, just behind Hong Kong.
This should come as no surprise, as Singapore has been investing heavily in infrastructure for the cloud— including power, cables, and broadband—to make it work, according to Computer Weekly. This is combined with a very business-friendly regulatory environment, which has attracted the likes of cloud-based businesses and MNCs which have decided to open a data center there. Over the past few years, the likes of Visa, Google, and Alibaba have all chosen Singapore as their new data centre hub.
There’s just one hold up: The Index also shows that Singapore isn’t the only Southeast Asian country leading the charge in cloud readiness. Although ranked eighth, Malaysia is also very well-poised to adopt cloud technology, and even beat out Singapore and Hong Kong on two key parameters.
The cloud race is on
Lim May-Ann, executive director of the ACCA, say that cloud companies in Malaysia benefit most from emerging industry clusters—and a range of local suppliers at the ready. “It also beat Singapore in cybersecurity by a respectable margin,” she told Computer Weekly. She adds that while Malaysia topped the list in terms of cybersecurity measures in the region, its scores on connectivity and data centre risk weighed down its rankings.
While Singapore and Malaysia’s cloud readiness is considered ready to reach maturity, the rankings show that Indonesia, Thailand, and the Philippines are still nascent—and ICT infrastructure, global connectivity, and broadband penetration are the blame.
If your business is based in one of these cloud-ready tech hubs, what should you know before turning to cloud technology?
Explore pros of cloud innovation…
The “pros” of moving to the cloud are fairly business friendly. First off, turning to the cloud will require no infrastructure costs. That’s right, no hardware purchase necessary. Usually tech innovation means companies have to invest on IT infrastructure, such as servers, network devices, storage, software—you name it—switching to cloud computing services negates the need to spend on any of those.
Cloud services are also a lot more cost-efficient in comparison to IT infrastructure, and you’ll be able to access your resources from anywhere around the globe on any device. Compared with typical IT infrastructure, where you pay one price for all your services at one time, cloud services are billed in a pay-for-what-you-use manner.
Other pros include:
- almost unlimited storage
- simple backup and recovery processes
- very quick deployment
… but know the cons, too
Turning to cloud services isn’t the perfect solutions for every business, and the cons are worth considering. After all, no one knows what your business needs as well as you do.
Using cloud services requires fast internet speeds with large bandwidth capacities, which is why many of the developing Southeast Asian nations are ranked lower in terms of cloud-readiness. Thankfully Singapore’s internet speeds are world-renowned, but if your office is on a particularly spotty internet network, you may want to hold off for now.
Another con is whether your business data will be secure, since cloud services are public. This depends on your service provider and how they take care of your data. Another aspect of cybersecurity, when it comes to cloud services, is that they are more prone to attacks, so it’s crucial to do your due diligence when selecting a provider. Remember, your provider doesn’t hold all the cards when it comes to your data and document security. Take matters into your own hands with enhanced cybersecurity policies, efficient practices, and self-healing endpoints.
At the end of the day, whether you decide to choose the cloud or continue on with more traditional IT services, it’s important to be aware of the basics. With cloud services, you don’t have to manage any physical services or storage devices, but you’ll use software-based security tools, which will help with monitoring the flow of data in and out of your cloud resources. At the end of the day, only you can make the right call for your business.