Cloud Technology Bringing New Opportunities For Small businesses
The cloud has opened more than a few doors in the small-business sector, providing the capability for massive information processing tasks for companies of all sizes. Companies are using the cloud’s potential speaks to the versatility of the technology. The cloud technology is just like electricity a hundred years ago. It makes everything much more efficient and is an exponential enabler for the majority of the technologies of the future.
But just because cloud technology is “the new electricity” doesn’t mean you should adopt it without a specific business strategy. Here are five innovative benefits of cloud technology for your organization.
Scaling cloud-based infrastructure is one of the fastest growing applications of cloud technology in 2018. Cloud-based data infrastructure is efficient, inexpensive, and responsive to demand. By paying only for the server load you need, your costs for data management can scale with use, providing the most economical solution for small businesses. The technology has made paying for massive local server space an obsolete practice.
Cloud-based office systems
In 2018, nearly every business is exploring collaborative work environments. Cloud-based office platforms such as Google’s G Suite and Microsoft Office 365 provide better support for group-based projects than traditional programs by allowing multiple users to work simultaneously, with all changes reflected in real-time across an unlimited number of devices.
Cloud-based office systems also drive location-independent office environments. The ability to collaborate over cloud services allows employees the flexibility and support to work remotely or to continue projects while away on conferences and trips. Other cloud-hosted services such as Skype keep lines of communication open between collaborating groups and managers.
Big Data Analytics
In 2018, more small businesses are beginning to utilize big data. Cloud computing gives them the processing power necessary to organize and use large quantities of data. Open-source platforms such as Hadoop and HPCC put these tools in the hands of small businesses and facilitate cloud-based computing to handle the heavy lifting.
Backup and Recovery
Cloud-based data storage helps address security concerns by building redundancy into a company’s information management approach. Hybrid systems that back up local data to the cloud in real time offer protection against security breaches, allowing companies to reduce their reliance on physical infrastructure and manual backups.
So how will your small business benefit from cloud technology? Cloud technology has the potential not just to improve information storage and security. But also the way we work with each other and the accuracy with which we make business decisions.