In the U.S., the enterprise tech world has evolved from the first decade of the cloud computing era and we’re now settling into the second decade. Even though we’re entering the era of cloud computing 2.0, there are some CEOs that still have misperceptions about the changes and how they affect their businesses.
Here are three of the most common misconceptions about cloud computing:
1. Application equality
When it comes to building and testing web applications, the public cloud is the most commonly used venue for developers. This makes perfect sense when you consider why a business would pay a hefty sum to buy servers and storage when it can be rented so much cheaper.
2. Price is the only thing that matters
More than 10 years ago, when cloud computing first launched, much of the discussion was about price: saving money by paying by the hour and getting all the storage you’ll need cheaply. While it may be cheap to migrate your entire business to the cloud, you’ll pay a handsome sum if you ever have to migrate it back.
3. Everything is in your Service Level Agreement
Always read the fine print on anything you’re going to sign. This even pertains to service level agreements (SLAs). Failure to read them carefully could mean finding yourself in trouble if you were under the impression your SLA would bail you out of any snafu that arose.
Your SLA will likely reimburse your customers with credit if there’s an outage; however, they’re less likely to payout if you take a performance hit which slows down your work.
Continue reading to learn about common risks associated with cloud computing.