Moving to the cloud is not a new thing anymore. Cloud computing has become a new standard in the industry and rightly so. More than 52% of enterprise businesses are already digitally transformed and the remaining ones are trying to get through it as quickly as possible.
The features of cloud computing such as scalability, automated backups, security, cost efficiency, and recovery form the basis of why this technology is so useful. There are some misconceptions about it as well but the world has started to realize its true potential as well.
However, with that being said, more subtle benefits are often ignored, yet it can be the most beneficial technology for your business. Today, we will give you 5 top reasons to invest in cloud computing and enjoy the benefits it has to offer.
Extensive Range of Built-in Tools
The cloud computing service provider offers a plethora of tools that can be used for nearly all aspects of the business workflow. In case you need to develop some specific functionality, there are gateways available such as SDK and API that easily connect to your software to the cloud platform. There are some common features that all the cloud service providers offer; however, there are also some specific and distinctive features that you can ask for relating to your business. Thus, you get a lot of personalization options along with the ability to combine the tools from multiple CSP’s.
Numerous Deployment Options
There are basically three main types of cloud computing that businesses can choose from according to their requirements. If you want to have complete control over the processes, you can choose the private cloud. It comes with some additional cost, so you better be prepared for it. If you want the ability to scale the resources up and down based on the need at very low cost without exposing any mission-critical systems. If security and anonymity is not your concern, you can also go for a public cloud. However, if you want to get the best of both worlds, a hybrid cloud can be a perfect fit.
Big Data & AI Algorithms
The new technologies combined with cloud computing can do wonders for your business. If you have the resources and tools to process your data flows and obtain analytics, there’s no point of not doing it. As per the reports, more than 54% of companies are utilizing Big Data and AI to empower their business. This may seem like an excessive expense especially for small and medium businesses, but the added value it provides has no alternative. Cloud platforms allow the addition of Big Data analytics and AI algorithms along with the service package at any point during the service tenure. It is up to you when you make the choice.
While using the cloud, the best benefit your team will get as a whole is flexibility. There is no need to come to the premises for the sake of getting any information. You can use a single cloud-based system that stores all the data on the cloud making it accessible for anyone anywhere. All you need is a working internet connection to access the stored data. Since the work nature has become more online, more than 73% of the business tasks involve the collaboration of the team members over the internet. This can help you allow for telecommuting as well. As a result, you can save a lot of money from the expenses. It is also backed by statistics that employees agree to a 5% cut in salary if they are allowed to work from home facility. This 5% figure can be in millions depending on your workforce.
Enhanced Risk Management
In the initial stages, cloud computing seemed more of a risk but today, it is very much secured – thanks to the availability of security tools. There are lesser risks and more opportunities available that you can grab and strengthen the workflow of your organization. Depending on the market situation, implementation of the cloud to your organization will give you a better chance to adapt to the risk factors and devise better strategies keeping the risk factors at the minimum.
These are top 5 benefits of cloud computing but even if you are getting 3 out of these, it can be a massive boost to your business. But just imagine, what if your business gets 5 or more? Interesting, isn’t it? For all the cloud computing needs, contact ITspresso today.