Cloud computing has dominated the business world for about two decades now, and despite the advanced features and functionalities it offers, much of the business community still wants to work in traditional ways. However, the studies of most reputable companies leave many in doubt.
A survey by International Data Group shows that 69% of companies are leveraging the power of cloud technology, while 18% admit they are still in the planning stage and will soon deploy cloud solutions. The data examined really shows the growth of tech-savvy companies and minds recognizing the benefits of cloud computing.
Undoubtedly, most industry leaders are using cloud technology to better serve their customers, keep complex business processes running smoothly, and achieve maximum productivity at minimum cost. But for those who are still unsure whether to commit to cloud computing solutions, they should emphasize these 12 benefits that cloud adoption offers:
1. Cost savings
There are many companies that are concerned about the initial cost of deploying a cloud-based server, but they should consider the ROI more than just the initial price. Many cloud hosting providers adhere to the pay-as-you-go model that asks users to pay only for the resources and services they need. In short, switching to hosted applications saves time and money.
2. Security
Cloud enables remote access to files and data, which means if you can access your data remotely, what is stopping others from doing the same? Strange, isn't it? Well, your data is monitored full-time in the cloud by respective cloud hosts that guarantee significant data security. Many companies accepted that the cloud is the best place to keep their sensitive information because it reduces the chance of internal data theft.
3. Flexibility
You don't have enough time to invest when you run a business and for the sake of marginal profits you need flexibility in the face of endless problems. If you invest too much of your time in solving technical and data storage issues, you may not be able to achieve your business goals. Sometimes your business requires immediate changes, such as additional bandwidth or improved features. A cloud-based service instantly meets these requirements without breaking your back, which is rather difficult for your internal IT department.
In the Information Week survey, about 65% of respondents admitted that "the ability to quickly meet business requirements" was the top consideration when choosing a cloud-based environment for their business.
4. Mobility
Cloud environment ensures no one falls outside the mobility loop; employees can access company data via their smartphones and other devices and stay informed about current changes from customers and colleagues. The cloud is one of the best options to create a better work-life balance without too much stress as employees can work with each other even when they are traveling, relaxing at home or just attending business meetings out of town .
5. Better insights
Advancing technology helps companies get a clear overview of the data they have and the data they can use to increase their profit margins. Cloud-based applications provide integrated analytic tools, which can easily predict custom reports for specific uses. One-click reporting mechanism is another advantage that only the cloud can provide. With the help of such analytical reports, companies can create action plans to achieve organizational goals.
6. More collaboration
For small businesses, setting up a collaborative environment is pure bliss as they don't need physical space to acquire. Employees can connect with each other, share their work, and even work on the same data file in the collaboration space provided by the cloud. Moving to the cloud is a good example of how to improve collaboration in your company and increase productivity.
7. Quality control
There's no doubt that most companies fail at first because they employ inconsistent reporting, leading to poor quality work and dissatisfied customers. However, companies can store all their data in one place in the cloud and experience data consistency. When every employee works on the same file in real-time environments, there is little chance of human error and good tracking.
8. Disaster recovery
No matter how strict your security policies, even the slightest unproductive downtime on the part of the cloud vendor can put an end to your efficient game. That is why it is said that downtime in your services simply means loss of productivity, brand reputation and customer base. Again, the cloud is a boon for a fast data recovery option for any kind of scenario from natural disasters to power outages.
9. Automatic software updates
It takes a lot of time to manually update software every time. Cloud-based applications automatically update software and save a lot of time and money, which is not an option with an in-house IT team.
10. Sustainability
It's important to recycle waste at every business level, no matter how much time it takes. It is clear that hosting in the cloud reduces the carbon footprint and is significantly more environmentally friendly.
It boils down
Cloud computing is an advanced way of managing tasks in business. It works in a similar way to web-based applications, allowing users to access their data remotely without actually sacrificing security. It will only bring more efficiency, productivity and environmental friendliness to any company.
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