Top 5 Ways Cloud Technology Benefits Your Business

A recent survey by RightScale found that in both the private and public sectors, cloud adoption has increased to 96% overall. It’s a trend ...

A recent survey by RightScale found that in both the private and public sectors, cloud adoption has increased to 96% overall. It’s a trend that will only continue through the coming years, with many companies already implementing cloud-first or cloud-only policies. The reason for this is simple: cloud technology offers significant benefits for businesses of all sizes.

If you’re not too familiar with the cloud, it’s basically computing on the internet. When you stream a movie, upload a document or send an email, you’re making use of cloud technology. In business, the cloud is predominantly used to run software and store data. So, what makes it worth investing in? Here are five benefits to consider

Top 5 Ways Cloud Technology Benefits Your Business

1. Security

Cybercrime is prevalent across all industries and no business is safe from the devastating cost that comes with experiencing a data breach. Thanks to sophisticated authentication, access control and encryption measures, cloud storage solutions are able to offer a far more secure alternative to traditional on-site storage.

2. Time and Cost Savings

Many businesses are concerned about the investment required to obtain cloud services. But what they don’t consider is the incredible ROI potential that comes with doing so. By switching to cloud infrastructure, you no longer have to spend money on facilities, servers, hard drives, equipment and the staffing expertise required to maintain it all.

The cloud also experiences minimal downtime, which can save your business from some costly issues. Moreover, you’ll no longer have to risk wasting money on buying more storage space or higher-tier software packages due to potential growth as most cloud services work on a subscription-based system where you only pay for what you need.

3. Scalability

In a survey by InformationWeek, 65% of respondents said that the ability to rapidly meet business demands was one of the biggest reasons for investing in the cloud. It does this in numerous ways.
For one, using cloud technology means that you’re handing over the burden of maintaining your IT infrastructure to an external service, leaving you with more time to focus on other aspects of business. And, because the cloud allows you to instantly update your IT infrastructure, you can instantly meet increases in demand.

4. Mobility

Cloud-based software and storage solutions can be accessed on just about any device with the right credentials. This means that nobody is left out of the loop, and staff can carry out their responsibilities at any time and in any location. You can upload and retrieve files, communicate with teams and access information with ease.

5. Analytics

The more you know about your business and how it’s running, the more insights you can gain about how you can improve operations. Many cloud-based services offer an analytics feature that gives you a comprehensive overview of what’s going on in your business, with actionable insights that can help you meet your organizational goals.

Conclusion

The above benefits are just some of the ways cloud technology improves business. The competitive edge that the cloud can provide makes it well-worth consideration, no matter how large or small your business is. So, be sure to give the cloud some thought, as it can truly change the future of your company.