Business with Cloud Technology

Cloud computing (also known as on-demand computing) has become a major buzzword in the business world these last few years. To put it in the simplest terms, it is a way to use computing services over the Internet. Instead of your company maintaining its own software, that software is available to you as a service you access over the Internet. The service is also responsible for storing and protecting your data.

As long as you have an Internet connection, you have any-time, anywhere access to the software and data you need to do your job. In most cases, this is true even if you are using a mobile device like a tablet or a smartphone. Switching a business over to run on cloud computing services often referred to as “moving to the cloud technology.”

Services Provided by Cloud Computing

The kinds of services offered by cloud computing providers usually belong to one of the 3 broad groups: infrastructure as a service (IaaS), platform as a service (PaaS), and software as a service (SaaS). Today, cloud computing is recognized as an invaluable tool for any organization, regardless of its size, market niche, or annual revenue.

To understand Cloud Technology briefly, we are here with explained video: –

How Cloud Computing will benefit your Business

Now you know what cloud computing is and how it can benefit your business. Here are the Top 7 Benefits we are listing below:

1. Cost Savings

Probably the key benefit for the first companies that utilized cloud computing, and still a valid one. The business saves money by not having to pay for its own corporate data center and the staff and overhead costs that entail.

Overall savings are further increased because the majority of cloud-service providers offer a pay-as-you-go model where they charge based on the services procured (no provisioning implies no cost). The price can be determined in various ways:

• By the amount of time you use it (typical for IaaS)
• The number of users or features, or by storage capacity (SaaS)
• By the amount of memory consumed per hour (PaaS)

Whichever way the pricing calculated, you never pay for more than you use. Because of the huge economies of scale cloud computing suppliers can achieve, they can sell computing power at a low cost, yet still, make good profits.

2. No Need for a Plan B

The importance of a robust solution for data protection and recovery is unquestionable. Cloud computing is an ideal solution here, providing your business with both backup and disaster recovery. Cloud technology products typically housed in redundant, secure data centers staffed by experts in data protection and related fields. As long as you have an Internet connection, you will be able to work.

3. It’s a Scalable Solution

Businesses have traditionally maintained some reserve for the unexpected growth of their computing needs. Additional servers, software licenses, and storage capacity would sit around idle so as to have it available if needed. Cloud computing solutions are scalable in that they always have extra capacity available if you need it. If your business unexpectedly adds staff, or otherwise needs additional resources, adding them is a snap. It takes just a few minutes to add them to the system.

6. Long-Term Investment

Instead of major IT capital investments every 2-4 years your costs will be distributed as predictable monthly or annual payments. As previously mentioned, scalability is not an issue, and it is in the interests of the cloud computing vendors to provide cutting-edge, energy-efficient, environment-friendly equipment. Maintenance and upgrades of the cloud technology systems are not your concern either. So the focus of your organization can be on your product and services all the time, just as it should be.

5. Mobility

In today’s working world, we expect to bring our job with us wherever we go. Thanks to the cloud, the phrase “bringing work home” no longer entails physically carrying heavy folders or other stuff with you. Because everything you need is accessible if you have a stable connection to the Internet.

You don’t have to miss out on anything: if you like to be in the loop at all times, your own device, such as a smartphone, is usually enough to use company’s system. Working for a cloud-based business often means you can work from home and telecommute. This can make a major difference for employees who are struggling to balance life and work.

6. Security

Data security often presented as the cloud technology’s main shortcoming. It turns out cloud services can be safer than on-premise infrastructure.

For a sensitive piece of measuring equipment that isn’t connected to the cloud technology, a failure means the loss of the recorded data. In the case of a lost or stolen laptop being connected to the cloud could literally save your business billions of dollars – with the laptop connected to the cloud, the data on it can be remotely accessed and deleted to make sure the security is not breached.

Cloud-provider systems have to at least match the data security standards of the industry they server or no one will use them.

7. All-Around Integration

Last, but definitely not least: cloud technology services integrate easily with other services. Few organizations use a single platform or supplier for every aspect of their business. Most search for the best option for each specific function and end up needing to be able to access and analyze data stored on different platforms.