Technology rapidly evolves over time, and many small- to medium-sized businesses (SMBs) are migrating to the cloud and experiencing benefits that were never possible before. Before cloud computing, applications and programs were run on a physical PC or server in a company’s buildings. Many organizations struggled to create their own data centers and those who had them would allocate a significant number of IT professionals and resources.
But with cloud computing, businesses can store data and access programs over the internet instead of a hard drive, enabling them to enjoy flexible resources, economies of scale, access to the latest innovations, and many more.
However, with the developing complexities of data centers and IT teams needed to manage them, maintaining productivity eventually becomes a challenge. Fortunately, there are a lot of alternative solutions for many companies, and now, more and more organizations are starting to build their own business models by relying on cloud computing. Here are five major benefits of cloud computing for businesses:
Cloud-hosted servers give businesses access to large scale computing power without spending for the high upfront expenses such as investments in servers and in-house data centers. Instead of buying your own hardware and software, you can rent them from cloud vendors. This means your cloud vendor will be the one to shoulder the costs of installing, running, managing, securing, and constantly upgrading the technology. This allows businesses to take advantage of a pay-as-you-go subscription model, which is a more viable approach to conserving IT budgets.
Better efficiency and productivity
Since companies no longer need to worry about power requirements, storage considerations, and hardware and software installations, implementation is quicker than with on-premises solutions.
More secure backup and recovery
Securing information is a major hurdle for businesses more than ever. Threats continuously evolve, but many businesses use defenses that can't adapt to the changing times. With your data stored in the cloud, you’re building a redundancy for your information management because your data is being backed up in real time. This model offers protection against security breaches, as you don’t need to depend on your physical infrastructure and manual backups.
Tough industry competition has forced many organizations to be quicker when responding to changes in the marketplace. With cloud computing, you can take advantage of its many useful benefits so that you can be more agile. Here are some ways to leverage cloud computing for your business:
- Cloud big data analytics for advanced and insightful customer service relationships
- Development of innovative cloud business models to meet your company objectives
- Cloud decisions support systems for complex data analysis
- Enhanced business process and cloud consulting
- Improved business collaboration with efficient and effective tools for employees
Access anytime, anywhere
Ease of access is a major benefit of cloud computing. Whether you’re at work, on vacation, or in transit, you can access cloud-based programs from any device that’s connected to the internet. The cost for access is typically tied to your respective periodic service fee, which essentially lets you save money.
Transitioning to the cloud has been a top initiative for many businesses, but to maximize the benefits, you’ll need a more company-specific approach. Prosum has been part of these technological waves, learning from some of the first users of Microsoft Azure, Microsoft Office 365, and Microsoft 365, as well as helping Microsoft adjust and tailor their technologies to customers. We can bring that expertise to help your organization transition to the cloud and ensure you get the benefits no matter how big or small your investment. Call us today and we’ll walk you through your first assessment.