Cloud Computing has become one of the most important parts of the corporate sector over the last few decades. Regardless of the size and type of business, cloud computing has proved to be the best solution for storing, managing and processing data on a network of servers hosted on the internet remotely. Both public and private cloud computing services are gaining popularity nowadays.
Before we jump onto the benefits of cloud computing, let’s take a quick tour of what exactly cloud computing is.
Defining Cloud Computing
Oxford dictionary defines cloud computing as:
Simply put, cloud computing allows users to access all of the features and files of the system without having the issue of managing the bulk of that system on their personal computers.
Cloud Computing Benefits to Business Organisations
Cloud hosting provides multiple advantages to a business. If you are still wondering about implementing this concept for your business, we are sure that your doubts will be cleared at the end of this post.
By using cloud infrastructure, you would be able to reduce Capex costs. An essential factor in adopting new technology is whether it offers a good return on investment. Cloud computing made it possible to achieve this by offering economical solutions for data handling. Savings can be made on the account of hardware requirements, including space, power, air-conditioning, security, etc.
Cloud computing also made it possible for enterprises to scale up/down their IT departments based on their business demands. If your business has fluctuating bandwidth demands, cloud computing is the best option. The agility provided by adapting this technology for your firm will provide you with an edge in this highly competitive world.
Cloud hosting offers more flexibility over hosting on a local server. The bottom line is that to be able to quickly meet business demands. For example, if you need extra bandwidth, it can instantly be done using cloud-based services. The overall efficiency of an organization can be improved through the freedom and flexibility offered by cloud hosting.
With advancements in technology, security threats have also increased. Data breaches and cybercrimes are exponentially increasing with each passing day. Data piracy can adversely affect the positioning of your brand. To handle such types of issues, the cloud offers very advanced security features to keep your data safe and secure. The process of protecting data includes authentication, access, control, and encryption.
Imagine if you can do your work while sitting in an altogether different location than your usual work location. That would be great, right? Cloud computing allows you to get access to your data on multiple devices so that your data resides entirely in your pockets. Through the internet, users have access to their works, 24/7, in any corner of the world. Cloud computing helps to reduce the IT team workloads tremendously, saving time and team effort as well.
Poor quality and inconsistent reporting can deteriorate the success of a business. Transparency and consistency in data management can be obtained through cloud services. A clear record of revisions and updates is maintained, thus leaving absolutely no room for human errors.
Talking about today’s market, even a small amount of unproductive downtime has humongous negative effects over productivity, revenue, and brand reputation. These effects could potentially harm your organization and that’s why anticipation and recovery from such disasters are necessary. Quick data recovery for all emergency scenarios, like natural disasters and power cuts, is provided by cloud-based services.
Significance reduction in carbon footprint can be achieved using cloud computing. Negligible power consumption is a crucial criterion in the adoption of any new technology. Cloud is meant to address these concerns as well. Overall, cloud computing is even best suited when it comes to taking care of our environment and further modifications tend to improve upon this quality of cloud.
The Cloud is Future Enabled
Big data analytics is an emerging field in modern times. Cloud computing is the future of big data handling as it is by far the most cost-effective option one can ask for. As the disruption of IoT devices leads to the generation of chunks of data, cloud computing can serve the purpose of handling it properly. The concept of ‘survival of the fittest’ applies in the business sector as well. Only companies with cloud infrastructure as their base data model, will gain the most.