12 Advantages of Cloud Computing

12 Advantages of Cloud Computing

Table of Contents

Despite the statistics pointing to the business efficiency, cost-benefits, and competitive advantages that cloud computing offers, a huge section of the corporate community continues to function without it. According to a research conducted by the International Data Group, 69 percent of firms are now employing cloud technology in some capacity, and 18 percent expect to do so at some time in the future.

Meanwhile, Dell claims that businesses who invest in big data, cloud, mobility, and security generate their revenue 53 percent quicker than their competition. As seen by this statistics, a growing number of tech-savvy firms and industry leaders are seeing the numerous advantages of the cloud computing trend. But they’re also employing technology to operate their businesses more effectively, provide better service to their clients, and boost their total profit margins.

Given the obvious direction in which the business is headed, it appears that there has never been a better moment to get your head in the cloud.

Cloud computing is a concept that has been increasingly popular in recent years. With the exponential increase in data usage that has accompanied society’s transition into the digital twenty-first century, individuals and organisations are finding it increasingly difficult to keep all of their critical information, programmes, and systems up and running on in-house computer servers. This problem has a solution that has been available almost as long as the internet, but has only lately acquired extensive corporate use.

Given the obvious direction in which the business is headed, it appears that there has never been a better moment to get your head in the cloud.

Cloud computing is a concept that has been increasingly popular in recent years. With the exponential increase in data usage that has accompanied society’s transition into the digital twenty-first century, individuals and organisations are finding it increasingly difficult to keep all of their critical information, programmes, and systems up and running on in-house computer servers. This problem has a solution that has been available almost as long as the internet, but has only lately acquired extensive corporate use.

Employees, for example, may access client information from their smartphone or tablet from home or while travelling using cloud-based CRM software like Salesforce, and can instantly share that information with other authorised parties anywhere in the globe.

Still, some executives are cautious to commit to cloud computing solutions for their companies. As a result, we’d like to take a few moments to discuss 12 business benefits of cloud computing.

  1. Cost-cutting
  2. Safety and security
  3. Adaptability
  4. Mobility
  5. Insight
  6. Improvements in Collaboration
  7. Quality Assurance
  8. Recovery from a disaster
  9. Loss Prevention
  10. Software Updates on a Schedule
  11. Competitive Edge
  12. Long-term stability

1. Cost-cutting

You’re not alone if you’re concerned about the financial implications of switching to cloud computing. The initial expense of adopting a cloud-based server is a problem for 20% of businesses. However, individuals seeking to balance the benefits and drawbacks of adopting the cloud must consider more than simply the initial cost; they must also consider the return on investment.

Easy access to your company’s data once you’re on the cloud will save time and money when it comes to project start-up. Most cloud-computing services are pay-as-you-go, which is good news for consumers anxious about overpaying for things they don’t need or desire. This implies that even if you don’t take use of what the cloud has to offer, you won’t have to spend money on it.

The pay-as-you-go concept also applies to the data storage space required to serve your stakeholders and clients, ensuring that you only pay for what you need and are not charged for what you don’t. When these characteristics are combined, they result in lower costs and greater returns. Using cloud-based apps resulted in cost reductions for half of the CIOs and IT leaders polled by Bitglass in 2015.

2. Safety and security

When it comes to implementing a cloud-computing solution, many businesses are concerned about security. After all, how can you be sure that your files, applications, and other data are secure if they aren’t stored onsite? What’s to stop a cybercriminal from doing the same thing if you can access your data remotely? Well, quite a bit, to be honest.

For starters, a cloud host’s full-time duty is to closely monitor security, which is far more efficient than a traditional in-house system, in which an organisation must split its resources among a variety of IT problems, security being only one of them. While most organisations prefer not to discuss the prospect of internal data theft, the fact is that an alarmingly high percentage of data theft occurs within the company and is committed by employees. When this is the case, keeping critical information offshore might actually be safer. Of course, all of this is extremely abstract, so let’s look at some concrete numbers.

According to RapidScale, 94 percent of firms improved their security after moving to the cloud, and 91 percent said the cloud made meeting regulatory compliance needs easier. The encryption of data being transported over networks and kept in databases is the key to this increased security. By encrypting data, hackers and those who aren’t authorised to see it have a harder time accessing it. Different security settings may be established dependent on the user with most cloud-based services as an extra security feature. Only 9% of cloud customers could claim catastrophe recovery in four hours or less, compared to 20% of cloud users who could.

3. Adaptability

Your company has a limited amount of time to devote to all of its tasks. If your existing IT solutions force you to devote too much time and energy on computer and data-storage difficulties, you won’t be able to focus on meeting business objectives and delighting customers. You’ll have more time to dedicate to the areas of your business that directly effect your bottom line if you rely on an outside organisation to handle all IT hosting and infrastructure.

In comparison to hosting on a local server, the cloud provides enterprises with greater freedom. Furthermore, if you want additional bandwidth, a cloud-based service may provide it immediately rather than requiring a complex (and costly) upgrade to your IT infrastructure. This increased independence and flexibility can have a substantial impact on your company’s overall efficiency. According to a 65 percent majority of respondents to an InformationWeek poll, “the flexibility to swiftly satisfy business demands” is one of the most essential reasons for a company to migrate to the cloud.

4. Mobility

Cloud computing enables mobile access to company data via smartphones and gadgets, which, given the fact that there are already over 2.6 billion cellphones in use worldwide, is a terrific method to ensure that no one is ever left out of the loop. This function allows employees with hectic schedules or who live a considerable distance from the corporate office to stay in touch with clients and coworkers at any time.

For improved work-life balance, you may use the cloud to provide easily accessible information to sales personnel who travel, freelance employees, or remote employees. As a result, it’s not surprising that companies that prioritise employee happiness are up to 24 percent more inclined to grow their cloud usage.

5. Insight

As we progress deeper into the digital era, it becomes increasingly evident that the ancient cliché “knowledge is power” has been replaced by the more current and accurate “data is money.” There are nuggets of useful, actionable information hidden within the millions of bits of data that surround your customer transactions and business process, just waiting to be discovered and acted upon. Of However, unless you have access to the correct cloud computing solution, digging through that data to locate these kernels can be challenging.

For a bird’s-eye perspective of your data, several cloud-based storage options have built-in cloud analytics. You may quickly deploy tracking systems and create personalised reports to analyse information across your organisation when your data is hosted in the cloud. You may improve efficiency and create action plans to fulfil organisational objectives based on these findings. Through cloud-based business insights, the beverage firm Sunny Delight, for example, was able to boost earnings by around $2 million per year while reducing personnel expenses by $195,000 per year.

6. Improvements in Collaboration

If you have two or more employees in your company, teamwork should be a major concern. After all, it’s pointless to have a team if it can’t work together effectively. Collaboration is made easier using cloud computing. On a cloud-based platform, team members may simply and securely see and share information. Some cloud-based platforms even offer collaborative social areas to link employees throughout your company, boosting interest and engagement. Without a cloud computing solution, collaboration may be feasible, but it will never be as easy or as effective.

7. Quality Assurance

Few things are as damaging to a company’s growth as poor quality and inconsistent reporting. All papers are saved in one location and in the same format in a cloud-based system. You can preserve data consistency, eliminate human error, and have a clear record of any edits or updates if everyone has access to the same information. Managing information in silos, on the other hand, might result in employees storing various versions of documents by accident, resulting in confusion and diluted data.

8. Recovery from a disaster

Control is one of the characteristics that adds to a company’s success. Unfortunately, no matter how in control your company is when it comes to its internal procedures, there will always be things outside your control, and in today’s market, even a tiny bit of useless downtime may have a huge impact. Lost productivity, income, and brand reputation are all affected by downtime in your services.

While there is no way to prevent or even predict calamities that might hurt your company, there is something you can do to assist speed up the recovery process. Cloud-based services provide rapid data recovery in a variety of catastrophe situations, including natural disasters and power outages. Although 20% of cloud users claim catastrophe recovery in four hours or less, just 9% of non-cloud users can make the same claim. According to a recent poll, 43% of IT executives aim to invest in or upgrade cloud-based disaster recovery solutions.

9. Loss Prevention

All of your valuable data is inextricably linked to the office computers if your company does not invest in a cloud-computing solution. This may not appear to be a concern, but the fact is that if your local hardware fails, you might lose your data forever. This is a more prevalent issue than you may think. Computers can fail for a variety of reasons, including virus infections, age-related hardware degeneration, and simple human mistake. Alternatively, they might be misplaced or stolen despite the best of intentions (over 10,000 laptops are reported lost every week at major airports).

If you don’t back up your data to the cloud, you risk losing everything you’ve stored locally. With a cloud-based server, however, all of the data you’ve uploaded to the cloud is safe and accessible from any computer with an internet connection, even if your primary computer isn’t operating.

10. Software Updates on a Schedule

Nothing is more inconvenient than having to wait for system updates to be installed when you have a lot on your plate. Rather of asking an IT department to do a manual organisation-wide upgrade, cloud-based apps automatically refresh and update themselves. This saves time and money for IT workers that would otherwise be spent on outside IT advice. According to PCWorld, a cloud benefit claimed by 50% of cloud adopters is the need for fewer internal IT staff.

11. Competitive Edge

While cloud computing is becoming more popular, some people still want to keep things local. That’s their option, but it puts them at a disadvantage when competing with others who have access to the cloud’s benefits. You’ll be further down the learning curve than your competition if you adopt a cloud-based solution before they do. According to a recent Verizon research, 77 percent of firms believe cloud technology provides them a competitive edge, with 16 percent believing it is substantial.

12. Long-term stability

Given the status of the environment, it’s no longer enough for businesses to put a recycling bin in the breakroom and say that they’re helping the environment. True sustainability necessitates solutions that address waste at every level of a company. Cloud hosting is more ecologically friendly and has a lower carbon impact.

Cloud infrastructures assist environmental proactivity by powering virtual services rather than real items and hardware, decreasing paper waste, increasing energy efficiency, and lowering commuter-related emissions (given that employees may use it from anywhere with an internet connection). Based on the expansion of cloud computing and other virtual data alternatives, a Pike Research analysis anticipated that data centre energy usage will decline by 31% from 2010 to 2020.

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