The benefits of cloud migration for chip designers include:
Scalability
Scaling on-premises infrastructure is time-consuming and expensive because it usually involves purchasing and installing additional hardware and/or software. Cloud infrastructure, by comparison, can scale with a simple click of a button or, in the case of elastic cloud services, automatically grow and shrink to meet current demands. Some cloud EDA platforms also use “elastic licensing,” which means you always have the number of licenses you need without overpaying for extra licenses that aren’t actively being used.
Cost Savings
When managed correctly, cloud infrastructure and services can be less expensive than traditional data center infrastructure. As mentioned above, many cloud platforms use elastic scaling for resources and licenses, which means you only pay for what you’re actively using. In addition, migrating to the cloud reduces the hardware and software you need to purchase and maintain, reducing your up-front and maintenance costs.
Flexibility
Cloud services are highly scalable, so businesses have the flexibility to add resources as needed to meet spikes in demand. They can also shrink their infrastructure during downturns to save money. Many cloud platforms include a library of features and extensions, making it easier for organizations to add new functionality when needed. This library allows you to explore new features without a huge up-front commitment, so you can innovate and deliver exciting new capabilities to your customers without breaking the bank.
Security and Compliance
With on-premises infrastructure, your organization is responsible for every aspect of security and compliance. That often means investing in expensive physical security measures like camera systems, 24-hour security guards, and biometric door locks. On the other hand, cloud services use the shared responsibility model, which means you’re only responsible for a portion of security, and the provider handles the rest. When you migrate to a cloud provider who’s trustworthy and has obtained cloud security framework certifications, you’ll have the peace of mind of knowing security best practices are being followed without the headache of implementing them yourself.