From Ground to Cloud: Sky-High Potential of Cloud Migration

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Illustration of a business transitioning from traditional servers to a cloud network, symbolizing the benefits of cloud migration.

Start your journey from traditional physical servers to the wide world of cloud computing. Discover the key benefits of cloud migration, like working more efficiently, the ability to scale your business, and cost savings. In this article, we’ll get into what cloud migration really means, its main benefits, tools, and how expert companies like Hundred MS ensure a smooth transition for businesses.

Understanding The Cloud Migration

Cloud migration is the process of moving your digital operations from local servers or computers to the cloud or from one cloud platform to another. The cloud refers to a network of remote servers accessed over the internet where you can store data, run applications, and manage business processes. This move is like going from storing your files in a filing cabinet to keeping them online where you can access them anytime, anywhere. It’s a step that makes your business more agile and ready for the future.

Moving to the cloud is fun! Benefits of Cloud Migration

Switching to cloud computing isn’t just trendy; it’s a strategic move with real benefits:

  • Cost Savings: Reduce expenses on physical hardware and enjoy flexible payment options based on your usage.
  • Scalability: Easily adjust your resources based on your current business needs, ensuring efficiency.
  • Accessibility: Access your data and tools from any location, making teamwork easier and more productive.
  • Security: Benefit from advanced security measures provided by cloud platforms, offering better protection for your data.
  • Disaster Recovery: With data automatically backed up in the cloud, you can recover from mishaps quickly and keep your business running smoothly.
  • Ability to innovate: Moving to the cloud gives you the flexibility to try new things and adopt the latest technologies quickly, keeping you ahead in your industry.

Cloud Migration Tools

To make your move to the cloud smoother, there are several Cloud Migration Tools  designed to help:

  • Assessment Tools: Software like AWS Migration Evaluator and Azure Migrate help you understand your current setup and how ready it is for the cloud.
  • Migration Software: Tools like Google Cloud’s Velostrata, CloudEndure Migration, and Azure Site Recovery simplify the actual move, making it faster and more secure.
  • Management and Monitoring Tools: Once you’re in the cloud, services like NetSuite provide ways to manage your operations and keep an eye on performance and costs.

What is NetSuite Migration?

NetSuite Migration is about moving your business operations to Oracle NetSuite, a leading cloud-based software that integrates financials, customer relationship management (CRM), eCommerce, and more. It’s ideal for businesses looking for a comprehensive, all-in-one cloud solution to manage their operations more effectively.

Cloud Migration Happy Stories

Real-world examples of successful cloud migration illustrate the transformative impact it can have on businesses.
A regional healthcare provider was bogged down by outdated systems and data management. By moving their patient records and management systems to the cloud, they improved the security and accessibility of sensitive data.
An educational institution facing challenges with remote learning adopted cloud solutions to provide a seamless and interactive learning experience. This shift made education more accessible to students regardless of their location.
These stories highlight the power of cloud migration in enabling businesses to grow, innovate, and adapt to changing market demands.

How Cloud Migration Service Providers Can Help?

Navigating the path to the cloud can be complex. Cloud migration service providers, especially those experienced in NetSuite Migration and NetSuite Implementation like Hundred MS, play a crucial role. They guide you through the process, ensuring a straightforward move to the cloud. With their expertise, businesses can avoid common pitfalls, accelerate their cloud adoption, and unlock new opportunities for growth and efficiency.

Conclusion

To sum it up, moving to the cloud is a smart move for any business. It saves money, lets you grow easily, and helps you stay ahead with new tech. Plus, with experts like Hundred MS helping out, it’s a smooth ride. The success stories show it’s worth it, making businesses better and ready for what’s next.

Nare Khachatryan

Nare Khachatryan

Business Analyst at Hundred MS

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Narek Abgaryan
Narek is the CEO and co-founder of Hundred MS. With a dynamic career that spans investment firms, asset management, risk management, and corporate finance, Narek has demonstrated a profound ability to navigate and innovate within the financial sector. His work across various countries and in diverse financial domains reflects a global perspective and an adaptable, forward-thinking approach. He Brings a wealth of knowledge and experience from the worlds of finance and technology. As a distinguished graduate of the University of Oxford and Hult International Business School, Narek has earned a reputation for excellence in the financial domain. His credentials, including the esteemed CFA and FRM certifications, are a testament to his deep understanding and expertise.
CFA, FRM
Narek Abgaryan
CFA, FRM, Fund Manager & CEO
Narek is the CEO of Hundred CJSC. Before embarking upon this position, he accumulated 7+ years of multinational experience including the positions of CEO, Head of Research and Member of the Board at various licensed and regulated investment companies. Narek is a graduate of Hult International Business School, Armenian State University of Economics and is currently pursuing his education at Saïd Business School of the University of Oxford. Narek is a CFA charter holder and a certified FRM.
Our Mission
Our mission is to extend our partner-based, specialized and cost-effective cooperation to our clients to enable them to focus on their long-term strategy and leverage their core competencies around value-creating activities, thereby boosting Armenia’s economic development.
Our Vision
We have a deep conviction that the financial system is the pillar of our civilizations. Economies that are exploding with growth are the ones that adopted modern finance. We aim to reach a reality where access to unconventional finance technics should be within reach of every economic unit. This shall empower everyone to allocate their human and financial capital more purposefully and innovatively for the benefit of a secure, wealthy, and responsible society.
Objectives
In "Hundred" CJSC, we are structuring our goals to revolve around the best interests of our investors and business partners. The basis we build our strategy on is satisfaction of expectations of our Clients, by bringing substantial profits to them through ethical management of investments, assets and portfolios. In the path of achieving the set tasks, we target new financial products adapted to the Client’s needs and offer variety combinations of interdisciplinary innovations. Following our set of values, we see our short-term goal in becoming one of the leading players in the domestic market, pursuing the long-term ambitious goal of integration into regional and global financial markets.
Corporate Values
We believe that earning the trust of each Client cements the next layer of the foundation of the Company’s reputation. Financial relations are built on trust; thus, our reputation is the heart of our business. Our allocentric approach to dealing with clients ensures that we always put their interests first. We do our utmost to make sure that our decisions are utterly disconnected from the greed when it comes to rendering our services. Promulgating ethics and adhering to the highest professional standards are the bedrocks of our corporate values.
  • Are your financial records more puzzling than they should be?
  • Has the audit process become a recurring nightmare for your firm?
  • Do important financial decisions stall due to unclear or absent financial reports?
  • Are high operational costs without clear returns keeping you awake at night?
  • Is hiring and maintaining a full-fledged financial team putting a strain on your resources?
  • Are you in the dark about your company's true valuation and need clarity?
  • Is the challenge of cleaning up your accounting books holding your business back?
  • Are outdated systems causing inefficiencies, prompting the need for an ERP implementation?
  • Have you identified the need for a robust risk management strategy but don't know where to start?
  • Are you looking for a one-stop firm that can handle everything from corporate strategy to asset management?
Are You Ready to Transform Your Businesses’ Financial Landscape?
Are You Ready to Transform Your Businesses’ Financial Landscape?
  • Are your financial records more puzzling than they should be?
  • Has the audit process become a recurring nightmare for your firm?
  • Do important financial decisions stall due to unclear or absent financial reports?
  • Are high operational costs without clear returns keeping you awake at night?
  • Is hiring and maintaining a full-fledged financial team putting a strain on your resources?
  • Are you in the dark about your company's true valuation and need clarity?
  • Is the challenge of cleaning up your accounting books holding your business back?
  • Are outdated systems causing inefficiencies, prompting the need for an ERP implementation?
  • Have you identified the need for a robust risk management strategy but don't know where to start?
  • Are you looking for a one-stop firm that can handle everything from corporate strategy to asset management?
Levon Garibyan
Levon, the co-founder and Business Development Director of Hundred MS, brings over a decade of international experience to his role. His career spans managing private firms with diverse business profiles across the UK, UAE, and Russian Federation. Levon has not only excelled in steering these companies towards growth but has also specialized in business development strategy and fundraising. His expertise in these areas has significantly contributed to the expansion and success of these firms. Levon's academic background is equally impressive, having studied at Cranfield University School of Management and Moscow State University of International Affairs (MGIMO), where he honed his skills in business management and international affairs.
Levon Garibyan
Levon is the Business Development Director and Strategy Specialist of the company. He acquired international experience of more than 10 years, managing private firms with various business profiles in UK, UAE and Russian Federation. Levon studied in Cranfield University School of Management and Moscow State University of International Affairs (MGIMO).
Business Development, Strategy & Fundraising
David Tarkhanyan
David is the co-founder of Hundred MS and the CEO of Hundred MS GmbH. His track record in delivering innovative financial solutions and driving performance improvement initiatives showcases his ability to lead complex projects and navigate the intricate world of finance. David's breadth of experience has equipped him with the unique ability to understand and address the multifaceted challenges businesses face today. His exceptional qualifications, marked by the CFA and FRM certifications, reflect his deep commitment to financial mastery and strategic insight. David's career is characterized by a wide-ranging experience in investment banking, performance management, controlling, and reporting, among other critical financial domains.
David Tarkhanyan
David Tarkhanyan
David Tarkhanyan
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David is the co-founder of Hundred MS. He is a Banking specialist with a focus on Financial Controlling, Planning, and Performance Management. His experience extends more than 10 years in various investment banks in Vienna and Frankfurt. David studied Physics at Bauman University and Industrial Engineering at the American University of Armenia.