Organisations of all sizes can benefit from technology modernisation.

According to Vanson Bourne, organisations that modernised their legacy IT systems reduced operational costs by 13%. In the same study, these organisations estimated that the systems implemented as part of their technology modernisation would provide boosts in annual revenues of over 14%.

The most common way to benefit from technology modernisation is to move your on-premises business-critical solutions to mobile, secure and scalable cloud solutions.

Here are Telefónica Tech’s top seven reasons to modernise your technology by moving to the cloud.

1.    Keeping your data safe

With cloud services, you get more than just storage; you get security. Not only do cloud solutions feature built-in redundancy to make sure your data’s backups have backups, but you can also leverage your cloud partner’s security investment. Telefónica Tech’s technology provider of choice, Microsoft, spend billions of dollars to ensure your data stays secure and in compliance with privacy and legal requirements.

2.    Eliminating hardware

Modernising to the cloud presents the chance to unload on-site servers, free up hard drive space and eliminate the need to monitor and maintain those tools. This means fewer IT expenses, less administrative oversight and more space to grow.

3.    Reducing IT concerns

By removing your server responsibilities, your IT team can focus on more value-added tasks, for example, onboarding new employees, improving your digital estate and expanding your services.

4.    Connecting your people, processes and data

Get ahead of the competition with united, adaptable and stable solutions that work together to connect your teams and streamline your operations. Automate manual tasks and simplify reporting periods with a single unified cloud solution.

5.    Access to the latest modern technology

By selecting Microsoft, your organisation benefits from Microsoft’s latest innovations through rapid and regular product updates. Microsoft cloud technologies now see feature specific updates appearing almost weekly as well as two major updates per year – all free of charge.

For more substantive changes Microsoft provides early notice and preview versions of the software, allowing customers enough time to review, test and prepare for the update.

6.    Gaining a complete picture of your organisation

By integrating your data into a cloud solution, you get real-time analytics and reporting to create an accurate and up-to-date picture of your business’s habits and trends. This can be combined with trend and anomaly detection to provide deeper insights into your business.

7.    Improving cash flow

Cloud services typically operate on a monthly, per user license basis, so costs are predictable and limited to your needs. Organisations can closely tailor expenditure to the software consumed and adapt this as your organisation scales.

As evidence of Microsoft’s confidence in its solutions, it provides financially backed service level agreements (SLAs) which refund service credits when service falls below expected levels. For example, for Dynamics 365 Customer Service, service credits will be refunded when the monthly uptime percentage drops below 99.9%.