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As a highly agile technological solution, cloud computing can provide businesses with a cost-effective way to increase and speed up their scalability or offers world-class cyber and cloud security. Further, as a business owner you will also save money and improve your company’s efficiency.
There is a fact that, if you have not switched to cloud computing yet, you are left behind by your competitors. In this article, we outline 8 benefits of cloud computing for businesses that are the main reasons this trending technology is being used by most companies.
Table of Contents
#1 Reduction in Business Costs
How much are you spending each month on your current on-premise, private infrastructure? In the long-run, cloud computing is cheaper. With the aid of cloud computing, businesses can get applications to market quickly without worrying about underlying infrastructure costs or maintenance.
According to analytical and comparative studies between cloud computing and actual computing, the use of cloud computing will help businesses significantly reduce about 30% of costs for business activities such as: upgrading the computer system, buying the software license, managing and maintaining your IT systems. Instead, you’ll only pay for the amount of space and the equipment you need.
#2 Improved Flexibility, Mobility and Scalability
With the help of cloud computing technology, businesses can be more flexible, reacting fast to current business needs as they arise. The outcome is not just increased efficiency of business operations, but perhaps more importantly – a competitive edge.
Business data mobility may provide your team with more flexibility. For examples, you can alter your cloud-based system depending on your team’s needs. By customizing the system, you can make sure your team has the necessary tools to work more efficiently.
Further, business owners will have more flexibility regarding how they operate. In fact, you can minimize how much office space you need by turning more people over to remote working.
Increased business data mobility also allows your team to work from their phones or desktop devices. This newfound flexibility may help your team find the flexibility they need to work more efficiently.
This is one of the key features and benefits of cloud computing. All businesses have different IT needs. For example, a big company of 500+ employees will not have the same IT requirements as a local start-up enterprise. Thus, cloud will be a perfect solution by enabling businesses to efficiently and quickly scale their IT departments up or down in accordance with business demands.
#3 Ability to Transform Endlessly
The application of cloud computing is extremely diverse. These valuable applications are often classified by features and belong to one of the following three types of services:
- Software as a service (SaaS)
- Platform as a service (PaaS)
- Infrastructure as a service (IaaS)
Further, users can also optionally create a private, public or hybrid or even multi-cloud model and optionally to determine the location of your virtual data center. This flexible technology offers numerous applications, endless changes depending on the budget of the business.
#4 Boost Competitive Edge
Moving to the cloud services gives you bigger business opportunities for a wider range of customers. Cloud allows small businesses to operate faster, more efficiently than competitors or large enterprises. Using “small but powerful” technologies such as on-demand payment services and cloud applications helps small businesses become more competitive in the technology market.
#5 Enhanced and Decentralized Collaboration for Better Productivity
What is the aim of business if you cannot work together with people? Cloud computing services enable straightforward collaboration between people across the business, wherever they are located.
By means of cloud computing, every document, file and application are available on-demand in the cloud environment, thereby removing traditional barriers such as having to have everybody working together in one centralized location. Therefore, this solution can help boost productivity as well as employee retention through flexible work arrangements.
Some organizations/enterprises even provide cloud based social platforms where employees can meet, discuss and know what’s up.
#6 Advanced Security
Online data security is a big concern because there are many data security threats that organizations face daily. Cloud computing can help minimize this issue.
Cloud providers and data center operators will place a huge emphasis on security in all of the services and solutions they offer. These security measures will be significantly more advanced and robust than a typical in-house system a business might traditionally use.
Specifically, data stored in data centers and travelling across cloud networks will be encrypted so that unauthorized individuals will get much difficulty to access.
According to reliable survey, about 94 percent of businesses say their online security has improved after switching to the cloud.
#7 Continuous Software Updates
There is a fact that, enterprises that do not keep up with market and technological advances soon get left behind. As a business owner, if you want to remain competitive, you need top-of-the-line technology and the latest systems.
Thus, that is the reason why your IT systems need to keep innovating but regular software updates take valuable time. If you were to update your physical servers and other computing systems, it would take up the majority of your IT department’s budget.
By switching to the cloud, you will not have to deal with those updates alone. Instead, your systems will be automatically updated to the latest and greatest software, thereby saving you time and money in the long term.
Further, if you are only a small business, switching to the cloud can also give you an advantage ahead of larger businesses. If you want to stay ahead of the curve, it is important to get on the cloud now.
#8 Environmental Efficiency
Switching to the cloud is considered as an environmentally-friendly and energy-efficient option that can help you reduce your carbon footprint. The cloud computing not only reduces operational costs but also helps your business to operate more sustainably and demonstrate your commitment to the environment.
The influence and benefits of cloud computing is increasing day by day and shows no sign of ending. It is noteworthy that both small-medium enterprises and multinational enterprises have a need to use and switch to cloud computing.
With advantages such as fast service, saving cost and time, being environmentally friendly and providing a sustainable cooperation environment, the adoption of cloud computing will help propel your company forward further than those who are still heavily dependent on the traditional type.
Instead of dragging behind, get a step ahead! By switching to cloud computing yourself, you can enjoy the above-mentioned 8 incredible benefits of cloud computing for your business.