Cloud technology is soon becoming an integral part of all enterprise work solutions. The statistics show that over 17% of the upcoming enterprises move to the personal cloud for crucial data storage in the year 2016 as compared to 15% two years back.
Theoretically, cloud computing defines the usage of high-end remote servers, mostly accessed over the internet, to store, process, and manage crucial enterprise data. The use of cloud servers to store data has immensely helped in fueling the growth of enterprises in more ways than one.
Here are a few of the many compelling reasons why every business, big or small needs cloud technology.
What makes Cloud technology indispensable?
Cloud technology for every business big or small is a need. With the global business environment, the freedom of accessing a file over the internet across different continents, with utmost ease is the key to its success. There are three most significant reasons that make cloud computing for every business indispensable.
- Independent Access to data
Independent access to data is made easy with cloud technology. The fact that organizations can use cloud technology to set-up their applications and launch services on the cloud without any interference by the cloud provider makes it easy. All that the cloud provider does is provide space, but they can’t interfere with the data on the cloud.
- Offers Customization
Computing needs can be easily modified and can be scaled to increase or decrease based on market demand. More often than not, on-site systems have the capacity limit and come with fixed features. This causes lag in the growth of firms as they cannot match up to the growing needs of small businesses. Businesses can scale whatever features they need and can add users without the requirement to buy more software and hardware. You can also scale back without the need to pay for resources that your business does not use. All this without making any changes to the complex hierarchy or allocated resources.
- Economical and Easy Maintenance
Building and maintaining a huge infrastructure to support the service or product offered is often cost consuming. Cloud technology cuts this cost to a great extent because here, you pay only for the services and resources that you have used. Optimizing the resources and processes becomes easier which in turn improves productivity. The need to procure and manage dedicated servers and other networking infrastructure are eliminated which reduces the cost further. Also, the need for an in-house specialist to set them up and maintain is eliminated reducing the cost even further. This allows you to improve the IT capabilities of your company without investing a huge sum in the infrastructure.
Advantages of Cloud technology
- Virtual Offices are Actual
The concept of virtual office would never have seen the light of the day, had it not been for the virtual office. With the possibility of not using physical servers to store information, manage and process it, cloud computing has nurtured many first generations entrepreneurs. They can now sit in one corner of the world and manage the entire enterprise working thousands of miles away. Not only does it offer a better work-life balance but with mobile apps also a part of advanced cloud technology, you can now work from anywhere on the go.
- Real-Time Access
Real-time access is critical to effective decision making. Cloud technology makes it unbelievably fast for businesses to interact, assess and take a call on a situation, simply because everything is connected. It not only helps in faster decision making but also in immediate disaster recovery. It adds to the high-end technology, thus enabling every employee to contribute instantly at the time of need.
- Highly Adaptable
Businesses in this competitive environment face growing demands of fluctuating bandwidth. It allows businesses to scale up the capacity of the cloud easily and enable smooth business functioning. This level of agility is crucial when it comes to facing the competitors and gaining an edge. Operational agility is one of the major advantages of adopting cloud technology as a part of the business.
- Provides Data Security and Backup
Data Security and backup creation are mandatory for every business and cloud computing to have brought efficient disaster management which was reserved only for the rich, accessible for everyone. Earlier the bigger enterprises with deep pockets could afford the heavy-duty machinery and costly expertise. Cloud computing eliminates the need for hardware replicas at the Disaster recovery site by running a hyper-visor at a remote site.
- Affordable and Easy Maintenance
Once a business enterprise adapts to cloud computing, the high cost of hardware and its maintenance is minimized. The recent introduction of the cloud pay-per-use model has further jettisoned the cloud affordability and made it easier for even small-scale companies to afford cloud computing advantages. Simply pay some monthly remuneration and enjoy data protection. With heavy-duty hardware systems out of the picture, setting up and managing business becomes a lot easier and pocket-friendly.
- Quick Data Updation and Support
One of the major advantages of cloud computing is that neither do you have to worry about regular software updates nor you need hours of system shutdown to get it done. With the help of cloud technology, software updates are now faster. Moreover, with cloud servers being handled by specialized suppliers, the headache of software up-gradations and security updates is on them. Not only do these suppliers have much-required expertise dedicated solely to maintaining your data, the absence of this chore, allows you to focus on scaling up your business.
- Centralized Data Center for data storage
With more than 72% of employees collaborating with each other across different time zones, global business functioning is becoming an integral part of business functioning. Since the exposure is bigger, the security threats too are huge. Various files, formats, and data across various systems may end up creating a bigger mess than physical filing. Cloud computing technology allows entrepreneurs to store data on a centralized system thus eradicating the need for multiple files and secured access to only designated individuals.
- No threat to Data Loss
Loss of sensitive data could mean losing millions of dollars in no time. According to research done by a Washington DC-based firm, while small businesses are at the highest risk of losing money due to data loss, more than 58% of them are not prepared for its security with the required measures. Many of the small businesses are forced to close down post an unfortunate incident of loss of data. Cloud computing allows enhanced data storage and security even for small businesses at affordable pricing.
The Future of Cloud Computing
Cloud computing, no doubt is paving the way for all enterprises towards enhanced security, data protection, and scalability. But is that it? What is the future of cloud computing? Trade experts prophesize that cloud technology will further advance from its nascent stage and bring about many pleasant changes in the way we see IT today. With the ease and smoothness cloud offers in terms of data access, processing, and storage; almost all companies would switch to cloud in the near future.
Not only will the Cloud technology continue to benefit industries across all verticals, but it will also be helpful in creating job opportunities. The future holds great opportunities for hybrid computing for business enterprises. The who’s who of the IT industry also speaks of the great future of Cloud computing.
WorldWide Marketing Manager of Hewlett Packard Enterprise, Michael Corrado believes in an ideal future that makes the best use of cloud computing will be through a combination of hybrid IT solutions done to improve flexibility and scalability.
Bracket Computing founder, Tom Gillis opines the future of cloud lies in sharing workloads through multiple public clouds managed by a single set of controls.
Cloud computing is the answer to every business’s security, scalability, and growth ladder. The operational ease and cost-effectiveness make it an indisputable resource for every organization, irrespective of size, type, or nature of the business it serves as an ultimate platform for data storage. The real-time access to the data and its data security feature makes it a must-have, for any business to thrive.
If you have still not experienced the power of cloud computing, it is high time to explore this excellent platform.