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8 Must-Know Advantages of Cloud Computing for Your Small Business

Cloud computing services and infrastructure spending will reach over $200 billion this year.

This spending marks an increase of over 20 percent from last year’s sales. Businesses both large and small are expected to increase this spending to $370 billion by 2022.

Maybe you’ve heard the term “cloud computing” before but weren’t quite sure what it meant. With sales reaching these astronomical amounts, you’re probably thinking these business leaders know something that you don’t.

Read further to learn more about the advantages of cloud computing for your small business to see if joining “the cloud” is right for you.

What Is Cloud Computing?

Cloud computing means storing and retrieving data from the internet rather than your computer hard drive. Data found in the cloud is stored in virtual servers hosted by third-party service providers. Some examples of these third-party virtual servers include Amazon Web Services and Microsoft’s Azure Virtual Network.

Cloud computing also lets you access applications from the internet as well. Cloud users don’t need to download software onto their personal computers. Users can use these applications with any device that can link to the internet.

Benefits of Cloud Computing for Your Small Business

Here are just eight smart advantages of cloud computing for your company. Read further on how “the cloud” can help you meet your company’s everyday business demands. You can get a very amazing service on Oracle Cloud consultant CSS for a great deal of aspect.

1. Offers Affordable Solutions

Cloud computing for best small businesses can be an affordable expense.

With cloud computing, businesses only pay for the platforms they need and use. You’re never held hostage by those other features that you’ll never use (but pay for anyway, as part of the package deal). There are no software purchases to make if the applications you need are already in the cloud.

If your business expands during peak seasons, you can pay for more cloud services if you need them. If your company needs to scale down, your cloud services will scale back as well because there are no fixed fees.

2. Increases Flexibility

Cloud computing creates a flexible environment for your staff to work both in and outside the office. Telecommuting and traveling staff can open files from any device that has an internet connection, including smartphones and laptops.

Sharing documents in the cloud also helps employees collaborate. Collaboration can be at the internal or external levels. That’s because files are in one location that all staff can reach at any time from any location on the planet.

3. Supports Scalability 

Scalability refers to an organization’s ability to grow and manage an increased workload.

Managing a heavy workload usually involves adding more company staff to meet increased demands. For some companies, adding more staff involves adding workstations or increasing network file storage to accommodate these new employees.

For cloud-based businesses, you only need to add more users to your current cloud service provider. This cloud service, for example, will provide Internet Protocol (IP) address management services for new devices connected to your network. An IP address allows a device to communicate with other devices over the internet.

4. Provides Disaster Recovery

Another benefit of cloud computing is a quick and easy disaster recovery.

Cloud service providers already have systems that protect against cyber attacks or hardware failure. This helps those companies that don’t have the funds or expertise to create in-house data backup systems.

5. Protects Your Data Better

Hand in hand with disaster recovery are IT security concerns. If a team member loses their mobile device or laptop, the next concern is for the safety of the confidential data stored on that device. Cloud computing enables greater security if this event happens.

When your data is stored in the cloud, it can only be accessed if you have the user name and password to read the files. Without the user name and password, the device becomes useless. You can even remotely remove data from these devices so that it won’t fall into the wrong hands.

6. Updates Software Automatically

Cloud applications are maintained and updated automatically by service providers so you won’t have to worry about upgrading your system. They take care of any software or security updates for you. This leaves you time to direct your attention to what matters most — managing your company!

7. Spares the Environment

One of the lesser-known benefits of cloud computing is that it’s actually kinder to Mother Nature. Less hardware and fewer machines mean less building space and cooling requirements. Cloud computing uses 30% less energy than onsite servers.

Some data centers are even using alternative forms of energy to power their servers. Some servers are now completely powered by wind or solar energy. Small businesses can now reduce their carbon footprint and still stay in operation at the same time.

8. Keeps You Competitive and Efficient 

Small businesses can now easily harvest their company’s historic performance data with the help of cloud computing.

Cloud service providers can collect and deliver the analytics companies need to recognize patterns and trends in customer behavior. Companies can then plan their products and services to optimize sales.

Cloud computing can also help companies find more efficiencies in their business practices. Cloud services can deliver real-time financial data to understand how your company is performing. You can then direct resources to more cost-effective practices that stand out.

Next Steps

If you’re considering cloud computing for your small business, you need to ask yourself some questions. What type of cloud services does your company need? How much can you afford for cloud support and how well are you prepared for security risks?

Decide if you want cloud support to host your email service and data storage. Decide how many devices should have their own IP address to be able to access files when your staff works remotely.

Answer these questions carefully to determine your next steps.

With planning and forethought, your adventure into the “cloud” could be the smartest business move you’ve ever made. Continue reading our blog for more information.

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