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Cloud ProvidersMigrationSecurity

Choosing the Best Managed Cloud Service Provider for Your Business

5 mins
03.10.2024
Volodymyr Shynkar CEO and Co-Founder of AppRecode

Volodymyr Shynkar

CEO/CTO

Any company that wants to use cloud technology for its needs often faces difficulties in choosing the right managed cloud service provider. There are lots of choices, so it's important to understand the nuances before making a decision. This article will explore the most common problems that businesses may have, how to solve them, and the best ways to use managed cloud service providers, along with some real-life examples.

Challenges Faced with Managed Cloud Service Providers

The most popular cloud service providers: AWS, Microsoft Azure, GCP

Unprepared businesses often face a lot of problems when they try to move to or manage cloud services. Being aware of these problems can help you choose a managed cloud service provider that fits the goals of your business.

Security Concerns

Data protection is one of the main things people worry about when they work with managed cloud service providers. Businesses can be seriously threatened by risks linked to data breaches, compliance with regulations, and data privacy.

Potential Risks Related to Data Security and Compliance

Data breaches:
Unauthorized access to private information without permission can lead to financial loss, reputational damage, and legal consequences.

Compliance issues:
Cloud service companies must follow certain regulations set by different industries, such as GDPR and HIPAA, or face hefty fines.

Ensuring Robust Security Measures Are in Place

Encryption: Ensuring that data is encrypted while in transit and at rest.

Access controls:
To prevent unwanted access, implement stringent access controls
and multi-factor authentication.

Regular audits:
Conducting frequent security audits and vulnerability assessments in order to identify and mitigate potential threats.

Cloud Services You Might Use

AWS Identity and Access Management (IAM) helps manage access to AWS services and resources safely by controlling who can access them.

Azure Security Center offers unified control of security and protection against advanced threats

The Google Cloud Security Command Center lets you oversee security and data risks across Google Cloud.

Service Reliability

Service reliability is important for keeping businesses running. Service delays and downtime can cost a lot of money and disrupt critical processes.

Risks of Downtime and Service Interruptions

Financial loss:
Long periods of downtime can mean lost productivity and revenue.

Reputational damage:
Unreliable service can hurt the company’s reputation and make customers less likely to trust it.

Ensuring High Availability and Business Continuity

Redundancy:
Putting in place backup systems and failover methods to make sure operations keep going.

Service Level Agreements (SLAs):
Making sure there are clear SLAs with the cloud managed service provider to ensure speed and uptime standards.

Cloud Services You Might Use

AWS Elastic Load Balancing sends incoming application traffic to various targets automatically.

Azure Site Recovery keeps business apps and workloads going during outages to make sure the business stays open.

Google Cloud Load Balancing acts as a software-defined managed tool for all traffic and spreads it out evenly.

Cost Management

Cloud services can save you money, but it is harder than it looks to keep track of unplanned costs and stick to your budget.

Dealing with Cloud Services Costs You Didn't Expect

Over-provisioning:
Paying for idle resources can cause excessive expenses.

Costs of data transfer:
Hidden fees for data transport across services or regions might mount up.

Tips for Making a Budget and Keeping Costs in Check

Cost monitoring tools:
Using tools to monitor and manage cloud spending in real time.

Budget planning:
Develop precise budget plans that account for all possible charges.

Cloud Services You Might Use

AWS Cost Explorer offers insights into your AWS costs and consumption habits.

Azure Cost Management and Billing allows you to monitor, allocate, and optimize cloud expenditures.

Google Cloud Cost Management provides tools and best practices for managing cloud expenditures effectively.

Performance Optimisation

Making sure that cloud-based apps work at their best is important for both user happiness and business efficiency.

Optimizing Application Performance in the Cloud

Problems with latency:
Network delay can impair the performance of cloud-based apps.

Resource allocation:
Allocate resources to ensure efficient application’s run.

Addressing Latency and Performance Issues

Geographical considerations:
To lower latency, choose data center sites close to users.

Performance monitoring:
Continuously monitor performance and adjust resource allocation.

Cloud Services You Might Use

AWS CloudWatch: real-time monitoring of your Amazon Web Services resources and applications.

Azure Monitor boosts the availability and performance of your applications and services.

Google Cloud Monitoring provides statistics about the performance, uptime, and overall health of cloud-powered apps.

Provider Dependence

Using a single managed cloud service provider can limit flexibility and increase the risk of lock-in.

Challenges of Relying on a Single Cloud Service Provider

Vendor lock-in:
Switching providers is difficult because of proprietary technology and data transfer complications.

Service disruptions:
Dependence on only one vendor might amplify the effects of service outage.

Methods to Maintain Freedom and Avoid Lock-In

Multi-cloud strategies:
Using various cloud providers will reduce risk and boost flexibility.

Interoperability:
Ensure that services and apps are interoperable with different providers.

Cloud Services You Might Use

AWS Outposts: deploys AWS infrastructure and services to virtually any on-premises site.

Azure Arc: integrates Azure services and management into any infrastructure.

Google Anthos: uses a consistent platform to manage apps on-premises or in the cloud.

Mitigation Strategies for Working with Managed Cloud Service Providers

To address the issues raised above, businesses may employ a number of mitigation methods to guarantee effective collaboration with managed cloud service providers.

Diagram showing the steps involved in utilizing Managed Cloud Service Providers.

Complete Planning and Assessment

First, it is critical to conduct a thorough analysis of service requirements and develop a strategic plan that aligns with the business goals.

Going Through a Full Analysis of Service Needs

Needs assessment:
Analyzing present and future requirements to determine the required cloud services.

Provider сomparison:
Looking at the pros and cons of various cloud managed service providers based on their reputations, prices, and services offered.

Developing a Strategic Plan Aligned with Business Goals

Clear targets:
Making clear goals and targets for moving to the cloud.

Roadmap development: Making a detailed roadmap for the migration and management process.

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