As we often say, the Cloud is not a one-size-fits-all proposition nor a silver bullet.
- It is a fundamental shift in how companies purchase software.
- It carries data security risks.
- The Cloud may not be ideal if you need to customize the software to meet unique business requirements.
On-premise software traditionally consisted of a significant up-front investment with a smaller ongoing maintenance obligation.
- With Cloud software, you perpetually lease software and the price increases annually.
- It never goes down, and you can never stop the fee increases.
- Many Cloud products are not fully baked.
To successfully navigate updating software, you must know what you are getting into. I discuss this in my latest YouTube video.