The Major Benefits of Implementing the Cloud for Businesses

The world of business has been rapidly evolving in recent years. How companies offer products and services and complete business processes is completely different today than it was just five or ten years ago. One of the biggest drivers of this change has been the introduction of cloud computing into the business world. In many ways, cloud technology has been a game changer for companies both large and small. Below is an overview of just a few of the ways that cloud technology can improve different areas of business.

It Lowers the IT Burden of Businesses

Companies spend a lot on IT services. Small businesses alone are projected to spend $1 trillion on IT services in 2018. IT workers are some of the highest paid business professionals. One great thing about cloud computing, on the other hand, is that it allows you to essentially outsource all of your IT needs. Cloud powered software is accessed over the internet from outside servers. It is not accessed from files on your own hardware. This means most of the technical aspects of maintaining that software can be handled on the software vendor’s end.

It Provides Portability

In addition to essentially outsourcing complex and expensive IT services, cloud technology can also provide the great benefit of portability. Since the software in question is accessed via the internet instead of from a local computer connected to a local network, that software can be loaded from nearly anywhere that has an internet connection available. This means a CEO can access a company’s files from a hotel room, train, taxi or airplane. It means that companies can provide cloud powered software as a service to customers instead of as a product, greatly increasing consumer engagement. This portability has many fantastic benefits and applications.

The Cloud Is Flexible and Nimble

One of the greatest benefits of cloud technology is its flexibility and nimbleness when compared to traditional IT solutions. One thing the cloud can do is allow a company to grow its online presence naturally. If you choose a cloud hosting option for your website, the resources allocated to your website by the cloud will grow gradually as the amount of traffic your website receives goes up in tandem. This is not possible with traditional hosting options. Instead, you may run hard into resource limits, and that can result in your website and online services being unavailable for long periods of time. Downtime is a serious problem. On average, it causes businesses to lose $1.55 million per year.

It Protects Business Data

One big reason to implement cloud technology in business is that it’s an effective strategy for protecting your data. Traditionally, companies stored their data on their own servers, hard drives and physical backups. Unfortunately, this is not a foolproof strategy. The information stored on a single machine can be wiped out permanently in an instance due things as mundane as the machine overheating or being hit by a power surge from a lightning strike. Physical backups can also be destroyed by accident. However, if your data is backed up in the cloud, it is not stored in a single location on a single machine. Due to the redundant nature of cloud architecture, it’s pretty much impossible for data to be removed by accident.

It Increases Competitiveness

Implementing cloud technology can increase a company’s efficiency and flexibility. It can bring down costs and increase the effectiveness of your entire organization. This is why 74 percent of companies believe that implementing cloud technology has increased their competitiveness by a significant amount. It can give you a real edge over your competition.

The cloud is an amazing thing that can provide many different benefits to both huge corporations as well as tiny small businesses. Consider the different ways you can implement the cloud into your company. You may find that you’re able to increase efficiency, lower costs and reach customers in new and exciting ways.

Carol also is passionate about health and fitness and stays active on her free time. She enjoys hikes and participates in multiple marathons. She loves learning to new tips on health and enjoys sharing her knowledge with her readers