Although there might be an upfront cost to migrating your data and digital assets to the cloud, in the long run it can save your company money. By hosting on the cloud, you don’t have to keep physical server equipment at your own facility or have the cost to keep your server room properly temperature controlled.
You can save on the maintenance fees associated with having the servers onsite and IT staff to maintain them. It also benefits your disaster recovery and business continuity plan, since your data is backed up with redundancies at multiple data centers.