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What are the biggest challenges when it’s time to migrate to the cloud?

  • Staff training to plug skills gap poses as one of the biggest challenge for companies wishing to make the switch
  • Up to 72 per cent of IT leaders believe it is vital for businesses to make the change to stay competitive

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What are the biggest challenges when it’s time to migrate to the cloud?

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Cloud platforms and applications have become an integral part of the IT infrastructure of enterprises around the world.

A report by Oracle and Longitude Research shows that 72 per cent of IT leaders from 13 countries see moving their applications, DevOps, and workloads to the cloud as being vital to staying competitive.
As new technologies develop and bring about the digital transformation of industries, we have witnessed how these can bring about greater revenue and competitiveness. And it has become critical that small companies jump on the bandwagon to reap the benefits of technology and become more competitive in today’s ever-changing business landscape.
Unsurprisingly, the public sector has also taken notice of this trend. As part of its continuing efforts to turn Hong Kong into a “smart city”, the Hong Kong government has reaffirmed its plans to revamp its IT systems into a cloud infrastructure platform by 2020. This would allow it to lower IT costs and deliver digital government services at scale.
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Yet despite the excitement over cloud technology, a significant number of businesses have yet to migrate to the cloud, or are currently experiencing problems with their migration owing to a number of obstacles.

Xero’s latest research shows that only 26 per cent and 17 per cent of businesses have adopted cloud-based accounting software in Singapore and Hong Kong, respectively. This is significantly lower than their counterparts in Australia and New Zealand, which are leading with an average of 40 per cent cloud accounting adoption.
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