Cloud computing was first developed for small and mid-sized businesses that needed the tech, but lacked the budget. Back then, massive data storage was limited to enterprises who could afford it. Cloud technology gave SMBs access to larger storage options at a time when they normally couldn’t. Today, it’s become a standard across businesses of any size.
In this article, we’ll explore the advantages of cloud computing and how your business could benefit from it.
How Your Business Can Benefit From Cloud Computing
1. Improves business at a lower cost
Businesses that cut costs on technology usually struggle with several limitations. Among these are slowed performance, difficulty scaling, and the inability to compete. Cloud computing is somewhat an exception to this rule. While you end up spending less on infrastructure, you get to have access to the cloud and its wealth of benefits.
Opting for cloud also eliminates the need to hire and maintain a high-trained staff. Your cloud service will be responsible for providing back-end solutions such as maintenance and security.
2. Flexibility to scale and work from any location
Cloud enables you to store and manage data over the internet. Meaning, you could be anywhere in the world and still have access to your business data. All you need is a secure internet connection and a compatible device. It breaks the boundaries of geography and gives you the freedom to expand your business to any location. Thus, you’d be able to scale your business far more quickly than a traditional business setting.
Setting up an office isn’t even necessary. You can have staff work from home, a co-working space, or any remote location of their choice. This significantly reduces the cost of operating a business and makes for more productive workers. Flexjobs reported that 82 percent of employees said they would be more loyal to employers if given flexible work choices.
3. A safe and secure way to store data
The first step to keeping your business data safe is to ensure the safety of the hardware in which they are stored in. Any physical damage and compromise to these storage devices such as flood, fire, earthquakes, and theft can lead to data loss. Another way to ensure their safety is to protect them from cyber attacks. Your business data is a goldmine for cybercriminals who will try to find ways to gain unauthorized access.
Cloud technology enables you to store and backup data in locations other than your office. You can recover them anytime after an unexpected data loss. A cloud service provider can further protect your data against cyber threats through data encryption, firewall, and other cybersecurity measures.
4. Helps grow your business
Cloud computing promotes efficiency across different departments of your company. From collaborating with staff to meeting customer demands, cloud boosts your most important business operations and assist in its growth.
5. Gives you an edge against competitors
All in all, cloud computing gives you the leverage to compete with businesses from the same industry. You get to have an advantage over SMBs that haven’t adopted cloud and stand toe-to-toe with larger companies.